Our company is committed to delivering efficient and top-quality comprehensive trading services to provide clients with diverse value-added opportunities. Clients can conveniently trade a variety of securities and related derivative products in both Hong Kong and international markets through a single account. Our offerings include IPO subscriptions, stock options, securities margin financing and bonds. We provide secure, fast, and cutting-edge electronic trading platforms along with professional services to meet client needs. This enables clients to adeptly seize global investment opportunities.
| Time | Period |
|---|---|
| 09:00am-09:30am | Pre Market Opening Period |
| 09:30am-12:00pm | Morning Trading Session |
| 12:00pm-01:00pm | Lunch Closing |
| 01:00pm-04:00pm | Afternoon Trading Session |
| 04:00pm-04:10pm | Closing Auction Trading Session |
All stock trades in Hong Kong are settled on the second trading day after transaction date (T+2). Comparing with the stock markets in different neighbouring regions, Hong Kong has less trade restrictions as investors can immediately sell the stocks purchased earlier on the same trading day, and the stock market is free from interventions such as suspension and limitation on price fluctuations.
(A) Hong Kong Market
|
Stocks/ETFs Trading (when buying or selling Stocks/ETFs, the following fees will be incurred based on the transaction amount for each trade) |
|
|
Commission Fee |
Negotiable |
|
CCASS Fee |
0.01% (Minimum HKD 3, Maximum HKD 300) |
|
Stamp Duty |
0.1% ( Minimum HKD 1, any decimal amount of less than HKD 1 will be rounded up to nearest HKD) This fee is waived for ETF trading |
|
Transaction Levy |
0.0027% |
|
Trading Fee |
0.00565% |
|
FRC Transaction Levy |
0.00015% |
(B) US Market
|
Stocks/ETFs Trading (when buying or selling Stocks/ETFs, the following fees will be incurred based on the transaction amount for each trade) |
|
|
Commission Fee |
Negotiable |
|
Trading Activity Fee (TAF) |
0.000166 per stock (sell trades only , subject to maximum of USD 8.30) |
|
Securities and Exchange Commission (SEC) Fee |
0.00278% (sell trades only) |
|
Financial Transaction Tax |
0.3% (buy trades only, applicable for French ADRs with market cap >= EUR 1B) 0.1% (buy trades only, applicable for Italian ADRs with market cap >= EUR 500M) 0.2% (buy trades only, applicable for Spanish ADRs with market cap >= EUR 1B) |
|
American Depository Receipt (ADR) Depository Receipt (DR) Fee |
varies with each counter |
(C) CN Market
|
Stocks/ETFs Trading (when buying or selling Stocks/ETFs, the following fees will be incurred based on the transaction amount for each trade) |
|
|
Commission Fee |
Negotiable |
|
Handling Fee |
0.00487% |
|
Securities Management Fee |
0.002% |
|
Transfer Fee |
0.002% |
|
Stamp Duty |
0.1% (sell trades only) This fee is waived for ETF trading |
|
Portfolio Fee |
Holding stock value * 0.008% / 365 days (calculated daily, collected monthly) |
|
Stock Deposit – Physical |
|
|
Stamp Duty |
HKD 5 per certificate / per transfer deed |
|
Stock Withdrawal – Physical |
|
|
Action Fee |
HKD 5 per board lot (Odd lots: HKD 5) |
|
Handling Fee |
HKD 150 |
|
CCASS Settlement instruction |
|
|
Stock Withdrawal |
0.03% of stock value, Minimum HKD 3; plus Handling Fee of HKD 100 per stock |
|
Investor Settlement Instruction Transactions (ISI) |
|
|
Stock Withdrawal |
HKD 30 per stock |
|
Dividend Collection |
|
|
Handling Fee |
0.50% of gross dividend collected (Minimum HKD 30, Maximum HKD 5,000) |
|
Scrip Fee (Book Close) |
HKD 2 per board lot |
|
Bonus Collection/Bonus Warrant Collection |
|
|
Handling Fee |
HKD 30 |
|
Scrip Fee (Book Close) |
HKD 2 per board lot |
|
Rights Collection |
|
|
Handling Fee |
HKD 30 |
|
Scrip Fee (Book Close) |
HKD 2 per board lot |
|
Rights Subscription |
|
|
Handling Fee |
HKD 30 |
|
Corporation Action Fee |
HKD 1 per board lot |
|
Warrant/Covered Warrant Conversion |
|
|
Handling Fee |
HKD 30 |
|
Corporation Action Fee |
HKD 1 per board lot |
|
Cash Offer |
|
|
Handling Fee |
HKD 30 |
|
Corporation Action Fee |
HKD 1 per board lot |
|
Stamp Duty |
0.13% (Any fraction of HKD 1,000 of consideration shall be rounded up to the nearest HKD 1,000) |
|
Dividend Claim |
0.50% of Total Dividend Amount (Minimum HKD 30; Maximum HKD 5,000) ; plus Handling Fee of HKD 500 (Charged whether the claim is succeed or not; Additional fees may be applied in special cases) |
|
IPO Application/Stop Cheque/Returned Cheque |
|
|
Handling Fee |
HKD 100 |
|
Duplicate Copy of Statement |
|
|
Within 3 months |
Free |
|
Beyond 3 months |
HKD 30 per set |
|
Audit Confirmation |
|
|
Handling Fee |
HKD 200 per letter |
|
Interest for Late Payment |
|
|
Custodian Account |
Prime Rate + 8% |
|
Margin Account |
Prime Rate + 4.625% |
|
Remittance |
|
|
CHATS (Except for Bank of China (HK))
Instant Payment Handling Fee (For instruction after 11am) |
Hong Kong Dollar: HKD 300 Foreign Currency: HKD 400 |
Notes：
1. The charges above are for reference only, charges are subject to change by the Company at any time without prior notice.
2. Please contact your Account Executive if you have any enquiries.