There’s a lot of demand for Big Hit IPO stock. For example, institutional investors have oversubscribed for Big Hit shares by more than 1,000 times. Institutional investors are so keen to own a piece of Big Hit that 98 percent of them say they are willing to pay even more than the IPO price of 135,000 for the stock.
South Koreans can invest in Big Hit IPO stock through underwriters. Big Hit hired J.P. Morgan, NH Investment & Securities, Korea Investment & Securities, and Mirae Asset Daewoo as its IPO underwriters. First, investors will open an account with any of the underwriters to place their orders for Big Hit stock. However, J.P. Morgan only accepts orders from institutional investors. Institutional and retail investors have until Oct. 6 to submit their bids for Big Hit’s pre-IPO stock.
View more information: https://marketrealist.com/p/how-to-buy-big-hit-entertainment-stock-ipo/