Hong Kong
The world's local bank
Stocks
Channels for Securities Services Trading
| Local Securities | Overseas Securities | Margin Trading | SMIP | |
|---|---|---|---|---|
| Online | Yes | Yes | Yes | |
| Automated Phonebanking | Yes | Yes | ||
| Express Stock Order Placement Hotline* | Yes | Yes | ||
| Manned Phonebanking** | Yes | Yes | Yes | |
| Branches** | Yes | Yes | Yes |
*For HSBC Premier and PowerVantage customers only.
**For HSBC Premier customers only
Manage your investments whenever and wherever you want with 24-hour, easy-to-use investment services through HSBC Internet Banking. Alternatively, you can monitor your investment portfolio, place orders, check your order status, access up-to-the-minute share prices and market information, and request statements by calling your designated investment Phonebanking services hotline.
Phonebanking Hours:
| Monday - Friday | Saturday | |
|---|---|---|
| Trading Securities+ | 8 am - 4 pm | N.A. |
| Statement request | 8 am - 6 pm | 8 am - 1 pm |
+Orders placed on Saturday or after 4:00 pm on Monday to Friday will be treated as orders for the following trading day.
Local Securities Service Charges+ (With effect from 1 January 2004)
| Service Item | Rate | Minimum Charge |
|---|---|---|
| Buying and selling securities (including equity linked instruments) | ||
| Brokerage fee | ||
|
0.25% of transaction amount | HKD100 |
|
0.4% of transaction amount for HSBC Premier customers | HKD100 |
| Stamp duty (collected for HKSAR Government) | HKD1 per HKD1,000 transaction amount or the part thereof (rounded up to the nearest dollar) | -- |
| Transaction levy (collected for the Securities & Futures Commission of Hong Kong) | 0.004% of transaction amount | -- |
| Investor compensation levy (collected for the Securities & Futures Commission of Hong Kong) | 0.002% of transaction amount (suspended by the Securities & Futures Commission of Hong Kong from 19 Dec 05) | -- |
| HKEx trading fee (collected for the Stock Exchange of Hong Kong Ltd.) | 0.005% of transaction amount | -- |
| Deposit transaction charge (for purchase transaction only) | HKD5 per board lot(maximum charge: HKD200) Waived if the same stocks are purchased and then sold on the same trading day or the subsequent trading day (T or T+1)** |
HKD30 |
| * Applicable to HSBC Premier customers only. ** If there is more than one purchase transaction executed on a trading day (T) and/or the next following trading day (T+1), the sale transaction will first be matched with all purchase transactions executed on T based on their size, starting from the one with the largest quantity of purchased shares. After that, any unmatched sale shares will be matched with purchase transactions executed on T+1 based on their size, starting from the one with the largest quantity of purchased shares. Remaining shares of matched purchase transactions (if any) and/or unmatched purchase transactions (if any) are still subject to the deposit transaction charge with a minimum of HKD30 for each purchase transaction. |
||
| Receipt and delivery | ||
| Free of payment through Central Clearing and Settlement System (CCASS) | ||
|
Waived | -- |
|
HKD5 per board lot | HKD30 per stock per transaction |
| Physical scrip deposit and withdrawal | ||
|
Scrip fee: HKD2.5 per board lot |
-- |
| Transfer deed stamp duty (if applicable): HKD5 for each transfer deed |
-- | |
|
Transaction charge: HKD5 per board lot |
HKD30 per stock per transaction |
| Scrip fee: HKD2.5 per board lot |
-- | |
| Transfer deed stamp duty (if applicable): HKD5 for each transfer deed |
-- | |
| Receipt and delivery involving change of beneficial ownership | ||
|
HKD1 per HKD1,000 transaction amount thereof, or the single rate of HKD2 per HKD1,000 transaction value or part thereof for both parities (rounded up to the nearest dollar) | -- |
| Safe Custody Service | ||
| HSBC Premier, PowerVantage and SmartVantage customers | HKD100 half-yearly for customers who have securities transaction record(s) or securities holdings in the six month period on or before 1 June and 1 December each year.
The fee is due and payable in June and December every year on a day determined by the Bank from time to time. If that day falls on the first day of the month and is not a business day, the fee may be collected on the business day in May or November which immediately precedes that day, subject to the decision of the Bank. The fee is payable upon closure of accounts where the account is closed before the above payment dates. |
-- |
| General securities customers | HKD150 half-yearly for customers who have securities transaction record(s) or securities holdings in the six month period on or before 1 March and 1 September each year. The fee is due and payable in March and September every year on a day determined by the Bank from time to time. If that day falls on the first day of the month and is not a business day, the fee may be collected on the business day in February or August which immediately precedes that day, subject to the decision of the Bank. The fee is payable upon closure of accounts where the account is closed before the above payment dates. |
-- |
| Nominee service | ||
| Collection of cash and scrip dividend | 0.5% of dividend amount (maximum charge: HKD2,500) | HKD30 |
| Collection of bonus issue | HKD5 per board lot(maximum charge HKD200) | HKD30 |
| Exercise rights | HKD5 per board lot on received stocks resulting from exercising the right (maximum charge: HKD200) | HKD30 |
| Warrant conversion | HKD50 per transaction plus | -- |
| HKD5 per board lot on received stocks resulting from warrant conversion(maximum charge: HKD200) | HKD30 | |
| Cash offers and other corporate actions with cash consideration | 0.5% on each cash consideration(maximum charge HKD2,500) | HKD30 |
| Equity linked instruments at maturity | ||
|
0.2% of cash received(maximum charge: HKD300) | -- |
|
HKD5 per board lot(maximum charge: HKD200) | HKD30 |
| Stamp duty (collected for HKSAR Government):HKD1 per HKD1,000 transaction amount or the part thereof (rounded up to the nearest dollar) | -- | |
| Handling charge for dividend claims | HKD300 per claim by our nominee company per distribution+ | HKD300 |
| 0.5% on cash dividend | HKD30 | |
+Applicable to HSBC Premier, PowerVantage and SmartVantage customers and general securities account customers with account number ended with '381'.
Local Securities Online Market Information Service and Charges
For market news, you may go to Market Information. For real-time stock quotes on local stock markets and more comprehensive market information, please log on to HSBC Internet Banking which offers Market Live, our fee-based service for stock traders.
Using genuine streaming technology, Market Live provides you with detailed, real-time stock market information delivered to your computer automatically, including: Hong Kong stock prices (with complete information in a Teletext screen format), futures and indices, regional indices and news. Market Live also provides fundamental data of all listed companies such as 5-year annual reports, financial ratios, and charts. You can even set up your own investment portfolio and monitor the performance.
| Service Item | Rate | Minimum Charge |
|---|---|---|
| Local Securities Online Market Information Service Charges | ||
| Online real- time price quote | Free quote entitlement per month Premier customers: 1,000 quotes# Non Premier customers: 500 quotes An additional 200 quotes will be awarded in the following month for every HKD50,000 local securities turnover Cost per additional quote HKD0.1 per quote## |
-- |
| Market Live service### | HKD380 per month Monthly fee waiver One month fee waiver for every HKD1 million local securities turnover#### |
-- |
| Investment order confirmation and IPO update eAlerts | Free of charge | -- |
| # HSBC Premier customers can enjoy 1,000 free quotes for any particular month if they maintain their HSBC Premier account until the last day of that month. | ||
| ## The fee is due and payable on or before the fifth working day of the following month and is payable upon closure of accounts where the account is closed before the payment date. All unused quotes will be carried forward up to a maximum of 99,999 quotes with no expiry date. | ||
| ### Subscription to Market Live will be effective instantly and the first monthly fee will be debited from the customer's designated charge account within the two business days following the subscription day. This fee will be calculated on a pro-rata basis based on the number of days since and including the day of subscription versus the number of calendar days in that month. Subsequent monthly fees will be charged in advance on or before the fifth working day of each month. | ||
| #### The monthly fee waiver does not apply to the fee for the first month of Market Live subscription. A waiver of monthly fee will be awarded for every HKD1 million local securities turnover accumulated since Market Live subscription. Transactions to be included in the calculation of total turnover must be conducted through The Hongkong and Shanghai Banking Corporation Limited in Hong Kong and may be effected via any channel. Customers can enjoy monthly fee waivers for a maximum of six consecutive months only. For example, if a customer accumulates a turnover of HKD10 million in January, he/she earns six monthly fee waivers to be enjoyed from February to July inclusive. The HKD4 million in excess of the HKD6 million will neither be counted nor carried forward to the next month. Since a customer may only enjoy a maximum of six consecutive monthly fee waivers, even if he/she accumulates a turnover of HKD2 million in February, only HKD1 million would be counted towards the fee waiver such that he/she enjoys fee-free Market Live for the six months from March to August. The other HKD1 million will neither qualify for a fee waiver nor carried forward to the next month. | ||
Charges for a number of specific services are not included here. All charges are available upon request and are subject to revision without notice.
The Bank does not provide investment advice. Investment involves risk. The price of stocks may move up or down. Losses may be incurred as well as profits made as a result of buying and selling stocks. Full details of the terms and conditions of the above services are available on request.
Overseas Securities Services
A new service for HSBC Premier customers*. It helps you access stock markets in China, USA, UK, Japan, Australia and Canada, and diversify your investment portfolio.
- Round-the-clock trading through HSBC Phonebanking**
- Flexible settlement currency choices of US dollars and Hong Kong dollars
- Shares are placed under the custody of HSBC through our nominee services with all dividends and bonus shares credited to your HSBC Premier account***.
Register now through your local HSBC Premier Centre.
*The Service is offered for Hong Kong Residents who are non-US citizens.
** Round-the-clock service from 7am Monday to 6am Saturday, including Hong Kong public holidays. Orders made after the close of market will be placed on the next trading day.
*** All cash dividends will be paid in corresponding stock currency
Overseas Securities Services Charges (With effect from 1 January 2004)
| Service Item | Rate | Minimum Charge |
|---|---|---|
| Overseas Securities | ||
| Account opening | Free | -- |
| Safe custody**** | HKD150 half-yearly. | -- |
| ****The safe custody fee is due and payable in June and December every year on a day determined by the Bank from time to time. If that day falls on the first day the month and is not a business day, the fee may be collected on the business day in May or November which immediately precedes that day, subject to the decision of the Bank. The fee will also be levied on accounts not holding any securities and upon closure of accounts where the account is closed before the above payment dates. | ||
| Buying and selling securities | ||
| Brokerage fee | ||
| USA | For stock price ≥ USD5 - 1% for transaction with amount less than USD50,000 - 0.5% for transaction with amount ≥ USD50,000 For stock price < USD5:USD0.05 per share |
USD50 |
| UK | 1% (Transfer stamp of 0.5% on consideration for buy trade only) | GBP70 |
| Japan | 1.15% | JPY6,000 |
| Australia | 1.15% | AUD80 |
| Canada | For stock price ≥ CAD2:2% For stock price < CAD2:CAD0.08 per share |
CAD80 |
| China B Shares | Shenzhen and Shanghai : 0.8% | HKD400(Shenzhen) USD50(Shanghai) |
| US Securities Listed in Hong Kong | 0.4% of transaction amount | HKD100 |
|
0.1% of transaction amount (rounded up to the nearest dollar) |
-- |
|
0.004% of transaction amount | -- |
|
0.002% of transaction amount(suspended by the Securities & Futures Commission of Hong Kong from 19 Dec 05) | -- |
|
0.005% of transaction amount | -- |
|
HKD5 per board lot (maximum charge: HKD200) | HKD30 |
|
Up to HKD5 per board lot | -- |
|
HKD5 for each transfer deed | -- |
| China B Shares Stamp Duty/Tax | ||
| Contract Stamp | Shenzhen and Shanghai : 0.3% | |
| Clearing Fee | 0.05%(max HKD500)(Shenzhen) 0.05%(Shanghai) |
-- |
| Stock Exchange | 0.0341%(Shenzhen) 0.03%(Shanghai) |
-- |
| Collection of dividend and other corporate actions | ||
| With cash consideration | A commission of 0.5% is deducted from the gross amount calculated before the reduction of overseas government withholding tax. | HKD50 |
| Without cash consideration | A handling charge of HKD200 is levied per event. | |
| US Securities Listed in Hong Kong | ||
| Safe custody* | 0.035% per annum on market value of stocks | HKD150 half-yearly |
| Warrant conversions, voluntary takeovers, tender offers or open offers | CCASS fee of HKD600 per instruction | -- |
AND |
||
| Out-of-pocket expenses incurred by HKSCC | -- | |
AND |
||
| Handling charge of HKD100 per instruction | -- | |
| Physical stock withdrawal | CCASS fee of HKD600 per instruction | -- |
AND |
||
| Out-of-pocket expenses incurred by HKSCC | -- | |
AND |
||
| Handling charge of HKD100 per instruction | -- | |
| Cross-border transfer, both receipts and deliveries | CCASS fee of HKD200 per receipt/ delivery instruction | -- |
AND |
||
| Out-of-pocket expenses incurred by HKSCC | -- | |
AND |
||
| Handling charge of HKD100 per instruction | -- | |
AND |
-- | |
| Transaction charge of HKD5 per board lot (for deliveries only) | HKD30 per stock per transaction | |
| Non cross-border transfer - receipt | Free of Charge | -- |
| Non cross-border transfer -delivery | HKD5 per board lot | HKD30 per stock per transaction |
| Receipt and delivery involving change of beneficial ownership | ||
| Stamp Duty: (collected for HKSAR Government) |
HKD1 per HKD1,000 transaction amount or part thereof, or the single rate of HKD2 per HKD1,000 transaction value or part thereof for both parties (rounded up to the nearest dollar) | -- |
| Collection of cash and scrip dividend | 0.5% of dividend amount (maximum charge HKD2,500) | HKD30 |
| *The safe custody fee is due and payable in June and December every year on a day determined by the Bank from time to time. If that day falls on the first day of the month and is not a business day, the fee may be collected on the business day in May or November which immediately precedes that day, subject to the decision of the Bank. The fee is payable upon closure of accounts where the account is closed before the above payment dates. | ||
Overseas Markets Trading Hours (Hong Kong Time)
| Markets | Trading Hours (in Hong Kong Time) | |
|---|---|---|
| North Hemisphere Summer | North Hemisphere Winter | |
| USA | 9.30 pm - 4.00 am | 10.30 pm - 5.00 am |
| UK | 3.00 pm - 11.30 pm | 4.00 pm - 12.30 am |
| Japan | 8.00 am - 10.00 am 11.30 am - 2.00 pm |
8.00 am - 10.00 am 11.30 am - 2.00 pm |
| Australia | 8.00 am - 2.00 pm (Australia Winter) |
7.00 am - 1.00 pm (Australia Summer) |
| Canada | 9.30 pm - 4.00 am | 10.30 pm - 5.00 am |
| China | 9.15 am - 9.25 am (bidding session) 9.30 am - 11.30 am & 1.00 pm - 3.00 pm |
|
Charges for a number of specific services are not included here. All charges are available upon request and are subject to revision without notice.
The Bank does not provide investment advice. Investment involves risk. The price of stocks may move up or down. Losses may be incurred as well as profits made as a result of buying and selling stocks.
