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Capitalizing on the rapid development of Chinese economy, Hong Kong has become an important international financial centre and is widely regarded as one of the fastest growing export-oriented economy in the Asia-Pacific region. In recent years, Hong Kong has successfully attracted enterprises from all over the world to list their companies here, especially Chinese enterprises. The market weighting of state-owned and privately-owned enterprises has increased gradually in the equity market, which suggests a growing impact of mainland Chinese economy on the development of Hong Kong stock market.

Introduction

The benchmark Hang Seng Index is composed of 51 constituent stocks, representing about 61% of total market value coverage in Hong Kong. The constituents stocks are grouped under different sectors such as Finance, Telecommunications, Properties, Utilities and so forth, contributing more than 46% of daily aggregate market turnover. Apart from stocks of listed enterprises, there are also different kinds of securities available for trading such as warrants, Callable Bull/Bear Contracts (CBBC), Exchange-traded Funds (ETFs) and Real Estate Investment Trusts (REITs).

Trading Hours

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..

Comissions and Fees

Basic transaction fees

*Hong Kong dollar as a unit
**Please contact to account executive for the preferential commission and Rate (852) 3998 5120
Classification Fee minimum charge maximum charge

A . Securities Trading

Commission (via telephone)**
Negotiable
HK$50
No Limit
Commission (via internet)**
Negotiable
HK$50
No Limit
CCASS fee
0.01% of Transaction Amount
HK$3
HK$300
Stamp Duty
HK$1 per HK$1,000 of consideration (0.1%)
(Any fraction of HK$1,000 of consideration shall be
rounded up to the nearest HK$1,000)
No Limit
No Limit
Transaction Levy
0.0027% of the consideration
No Limit
No Limit
Trading Fee
0.00565% of the consideration
--
--
FRC Transaction Levy
0.00015% of the consideration (Rounded to the nearest cent)
--
--
Custody Fee
Free
Free
Free

B . Physical Scrip Handling & Settlement Services

Stock Deposit – Physical

Stamp duty
HK$5 per certificate/ for each transfer deed
No Limit
No Limit
Custody Fee
Free
Free
Free

Stock Withdrawal – Physical

Action Fee
HK$5 per board lot (Odd lots: $ 5)
No Limit
No Limit
Handling Fee
HK$150 (the number of stock(s) are unlimited)
HK$150
HK$150

CCASS Settlement Instruction

Stock Deposit
Free
Free
Free
Stock Withdrawal
0.03% of stock value, Minimum HK$3 ; plus Handling Fee of HK$100 per stock
HK$3 + HK$100 per stock
No Limit

Investor Settlement Instruction Transactions

Stock Deposit
Free
--
--
Stock Withdrawal
HK$30 per stock
--
--

C. Nominee Services & Corporate Actions

Dividend Collection

Handling Fee
0.50% of gross dividend collected (Minimum HK$30; Maximum HK$5,000)
HK$30
HK$5000
Scrip Fee (Book Close)
HK$2 per board lot
No Limit
No Limit
Bonus Collection/ Bonus Warrant Collection
Handling Fee
HK$30
HK$30
HK$30
Scrip Fee (Book Close)
HK$2 per board lot
No Limit
No Limit

Rights Collection

Handling Fee
HK$30
HK$30
HK$30
Scrip Fee (Book Close)
HK$2 per board lot
No Limit
No Limit

Rights Subscription

HK$30
HK$30
HK$30
Trading Fee
Corporation Action Fee
HK$1 per board lot
No Limit
No Limit

Warrant / Covered Warrant Conversion

Handling Fee
HK$30
HK$30
HK$30
Corporation Action Fee
HK$1 per board lot
No Limit
No Limit

Cash Offer

Handling Fee
HK$30
HK$30
HK$30
Corporation Action Fee
HK$1 per board lot
No Limit
No Limit
Stamp Duty
HK$1.3 per HK$1,000 of consideration (0.13%) (Any fraction of HK$1,000 of consideration shall be rounded up to the nearest HK$1,000)
HK$ 1.3
No Limit
Dividend Claim
0.50% of Total Dividend Amount (Minimum HK$30; Maximum HK$5,000) ; plus Handling Fee of HK$500 (Charged whether the claim is succeed or not; Additional fees may be applied in special cases)
HK$30 + HK$500
HK$5000 + HK$500

D. Other Services

IPO Application/ Stop Cheque/ Returned Cheque

Handling Fee
HK$100
HK$100
HK$100

Duplicate Copy of Statement

Within 3 months
Free
Free
Free
Beyond 3 months
HK$30 per Set
No Limit
No Limit

Interest Rate on Credit Balance

Credit Balance
0%
--
--

Audit Confirmation

Handling Fee
HK$200 per letter
No Limit
No Limit

Interest for Late Payment

Custodian Account
Prime Rate(P)+ 8%
No Limit
No Limit
Margin Account**
Prime Rate(P)+ 4.625%
Negotiate (Please contact your Account Executive or via our customer service hotline)
--
--

Remittance

CHATS [Except for Bank of China (HK)]

Instant Payment Handling Fee
(The instruction after 11am )

HK$300
HK$300
HK$300
CHATS [Except for Bank of China (HK)] (Foreign currency)

Instant Payment Handling Fee (The instruction after 11am )
HK$400
HK$400
HK$400

Notification


關於假冒元庫資產管理有限公司於內地招攬投資者的聲明

(Chinese Version Only)

元庫資產管理有限公司 (「本公司」)近日收到公眾人士查詢,指有騙徒於內地假冒本公司的名義,自稱為「元庫資產管理有限公司」或「元庫創領資產管理有限公司」(「假冒公司」)招攬內地投資者,

並聲稱本公司為假冒公司於香港的總部,以誘騙大眾進行債券、房地產、私募股權等投資。

本公司現嚴正聲明,本公司現階段於中國內地並無任何分公司,並與假冒公司無任何關係或業務來往。鑒於是次事件懷疑有人利用本公司之良好商譽,

誤導內地大眾謀利,本公司予以高度關注。現特此聲明,以正視聽,並特別呼籲大眾提高警惕,免受誤導而招至損失。

本公司已就事件報案處理,同時保留一切追究法律責任的權利。

如欲進一步查詢,歡迎與本公司的客戶服務部聯絡: 電話: (852) 39985120 或 電郵: cs@silverbricks.com.hk

_________________________________________________________________________________________________________________________________________________________________________________________________

About false information on the internet

Recent spreading false information on some social platforms, including statement that Silverbricks Securities is unable to withdraw funds and has subscribed for the initial public offering of Guomai Culture&Media Co.,Ltd. (301052). We, hereby, make the following declaration .

Our company is supervised by the Securities and Futures Commission of Hong Kong(SFC). Our finances are sound and has no issues with deposits and withdrawals. Meanwhiles, we does not subscribe any shares of Guomai Culture&Media Co.,Ltd. (301052)

Our company condemns this untrue remarks and reserves the right to pursue legal liabilities. If customers have any questions, please call our company for inquiries, Tel: 3998 5120

元库证券有限公司

SILVERBRICKS SECURITIES COMPANY LIMITED