Securities Trading (Hong Kong Securities)
|
Commission fee |
0.25% of transaction amount (Minimum HK$100 per transaction) |
|
Transaction levy (charged by SFC) |
0.0027% of transaction amount |
|
Trading fee(charged by SEHK) |
0.00565% of transaction amount |
|
Stamp duty (charged by HKSAR Government) |
0.1% of transaction amount (Rounded up to the nearest dollar) Note: Paid by buyer and seller |
|
CCASS fee |
0.002% of gross value of an exchange Trade, subject to minimum fee of HK$2, Maximum HK$100 per trade |
|
Financial Reporting Council Levy |
0.00015% is charged on each and every purchase or sale transaction |
|
Italian Financial Transaction Tax(charged by Italian Government) (Italian companies listed in HK) |
0.2% (On the net purchase amount based on the weighted average purchase price and the net purchase share quantity executed on the same day) |
Securities Trading (Shanghai-Hong Kong Stock Connect / Shenzhen-Hong Kong Stock Connect) (RMB)
|
Commission fee |
0.15% of transaction amount (Internet trading 0.08%, Minimum RMB100 per transaction) |
|
Seller Stamp duty (charged by SAT) |
0.1% transaction amount (pay by Seller only) |
|
Securities management fee (charged by CSRC) |
0.002% transaction amount |
|
Handling fee (charged by SSE/SZSE) |
0.00487% transaction amount |
|
Transfer fee (charged by ChinaClear Shanghai/Shenzhen & HKSCC) |
a. 0.001% transaction amount (China Clear) b. 0.002% transaction amount (HKSCC) |
|
Portfolio fee (charged by HKEX) |
Based on 0.008% p.a. of total portfolio market value, the portfolio fee is calculated on a daily basis and settle at the end of month |
|
Other charges refer to the following service fee, ( denominated in Renminbi) |
|
Physical Scrip Handling & Settlement Services
|
Physical scrip deposit fee |
HK$5 per certificate/ for each transfer deed |
|
Physical scrip withdrawal fee |
HK$5 per board lot and HK$50 handling fee for each stock |
|
Settlement Instruction (SI)/ Investor Settlement Instruction (ISI) (Transfer out of shares) |
0.01% of the market value based on the previous closing price (Minimum HK$50 per transaction) |
|
Compulsory Share Buy-In |
Handling charge HK$200 and any additional charges from Clearing House & related penalties |
Nominee Services & Corporate Actions
|
Scrip fee (Book Close) |
HK$1.5 per board lot |
|
Collection fee of cash dividend or scrip dividend |
0.5% on dividend payment (Minimum HK$25) + CCASS charge (Dividend payment x 0.12%) |
|
Collection fee of bonus issue |
HK$20 for each transaction |
|
Collection fee of rights issue |
Waived |
|
Callable bull/bear contracts residual value/ exercising covered warrants |
Handing charge HK$30 + CCASS charge (HK$0.8 per board lot) |
|
Share split/ consolidation/ voting |
Waived |
|
Subscription for rights issue |
HK$50 for each subscription + CCASS charge (HK$0.8 per board lot) |
|
Excess subscription for rights issue |
HK$100 for each subscription + CCASS charge (HK$0.8 per board lot) |
|
Warrant exercise/ privatization/ share offer |
0.25% (min. HK$50) + CCASS charge (HK$0.8 per board lot) |
| Transfer of share ownership with share registrar |
HK$5 per board lot + handling fee HK$200 on each stock |
|
Handling of unclaimed benefits entitlement |
HK$600 per claim + any out of pocket expenses |
IPO Subscription Services
|
EIPO Subscription handling fee (via CCASS) |
HK$50 |
|
MIPO Subscription handling fee (Margin Finance) |
HK$120 |
|
MIPO Subscription Financing Interest |
According to prevailing market rate |
Bonds Trading Services
|
Bonds Custody Fee |
Custody fee – (0.03%/12) of the nominal value of the month end bonds portfolio (minimum charge of HK$1,000), which is charged monthly in Hong Kong dollars. |
|
Bonds deposit/withdrawal |
HK$300.00 transaction fee is charged on per transaction basis (deposit/withdrawal) |
|
Commission fee |
0.05% of the transaction amount |
|
Settlement fee |
HK$350 per transaction |
|
Conversion fee |
HK$500 per transaction |
|
Redemption at maturity |
Exempt |
Other Account Services
|
Custody Fee |
Waived for Hong Kong Equities |
|
Dormant Account Fee |
Waived |
|
Re-print Daily/Monthly Statement |
a.Waived if statement date is within 3 months b. HK$100 if statement date is over 3 months |
|
Letter of Confirmation on Asset |
HK$200 per letter |
|
Return Cheque |
HK$100 per transaction |
|
Debit Interest Rate 1. Margin Client 2. Late Settlement Fee (For Cash Client Only) |
HKD Prime+3.25% per annum (borrowings lower than margin value of stock collateral) Prime+8.25% per annum (Applicable to borrowings exceeding the margin value of stock collateral)
(Prime+8% per annum) HKD (Prime+5% per annum)
RMB (Prime+10% per annum) |
Notes: The charges above are for reference only. Charges are subject to change by the Company at any time without prior notice. Please contact your Account Executive if you have any enquiries.