The Hong Kong Securities Regulatory Commission is consulting the industry on IPO IPO financing, including reinstating the previous practice of generally charging a 10% deposit. According to the proposed rules, the maximum financing ratio for IPOs should not exceed 90%. Previously, some brokerage firms provided customers with up to 200x IPO financing, raising concerns among regulators about potential risks. According to the proposed rules, if customers use shares as collateral, the deposit can be reduced accordingly. It is expected that the relevant guidelines will be issued soon. (Hong Kong Ming Pao)