Hong Kong (HKEX) Aus

Brokerage
  Online Trades Broker-Assisted Trades
Commission 0.25% 0.30%
Minimum HKD 100 HKD 150
Other foreign fees:
Stamp Duty 0.1% (Round up to the nearest dollar)
CCASS fee 0.002% (Minimum HKD2.00, Maximum HKD100)
Transaction Levy 0.0027%
Trading fee 0.005%

Note: Goods & Services Tax (GST) will be applied to commission charges. Commission and exchange fees may be subject to change without prior notice. Please click here for custodian charges.

Italian financial transaction tax (“IFTT”) is applicable to buy trades on Hong Kong-listed Italian companies with market capitalization more than Euro 500 million. The applicable tax rate is either 0.1% or 0.2%, depending on the counter.

Trading Details
Order Placement (Board lots) Via

1) POEMS 2.0 or

2) Your designated Trading Representative
Odd lot Via your designated Trading Representative
Common order rejection messages Your orders may be rejected due to the following reasons:

  • 2043 Invalid order price – Queuing price beyond 24 bid/ask spread OR matching price of more than 10 current market bid/ask 

          More information on HKEX Securities Market Operations

          More information on HKEX Trading Mechanism 

  • Insufficient Qty – Insufficient shareholdings
  • 7073 Invalid price tick – Please refer to price spread table
  • 2036 Security halted/suspended – Stock suspended
  • 7077 Order Quantity exceeds Max Board Lots allowed – Maximum 3000 board lot shares per order size allow
  • 2036 Security halted/suspended – Stock suspended

 

Trading lot Not fixed
Price Quote1 20 minutes delayed.
To access live price quote, click on the counter.
Live price subscription available.
Exchange HKEx
Minimum bid size Share price (HKD) Minimum Bid Size (HKD)
0.01 – 0.25 0.001
> 0.25 – 0.50 0.005
> 0.50 – 10.00 0.01
> 10.00 – 20.00 0.02
> 20.00 – 100.00 0.05
> 100.00 – 200.00 0.10
> 200.00 – 500.00 0.20
> 500.00 – 1,000.00 0.50
> 1,000.00 – 2,000.00 1.00
> 2,000.00 – 5,000.00 2.00
> 5,000.00 – 9,995.00 5.00

The Volatility Control Mechanism (VCM) will be implemented by HKEx on 22 August 2016. Please click here to find out more.

Trading Hours
Singapore/Hong Kong Time
(Mon – Fri)		 Pre opening 09:00am – 09:30am
Morning Session 09:30am – 12:00pm
Closing Auction Session (ONLY During Half Day Trading*) 12.00pm – 12.10pm
Afternoon Session 01:00pm – 04:00pm
Closing Auction Session (For Full Day Trading) 04.00pm – 04.10pm

Note: To participate in pre-opening, orders have to be entered and received before 9:15 am.

Pre-opening orders will be matched at 9.20am.

Effective 25th July 2016 for Phase 1

  Full Day Trading Half Day Trading*
Reference Price Fixing Period 04.00pm – 04.01pm 12.00pm – 12.01pm
Order Input Period 04.01pm – 04.06pm  12.01pm – 12.06pm
No Cancellation Period 04.06pm – 04.08pm 12.06pm – 12.08pm
Random Closing Period 04.08pm – 04.10pm 12.08pm – 12.10pm

*Eves of Christmas, New Year and Lunar New Year
With effect from 8 October 2019, the list of securities covered by CAS expands to include all equities (including depositary receipts, investment companies, preference shares and stapled securities), as well as funds (including exchange traded funds (ETFs) and real estate investment trusts). For the list of CAS securities, please refer to the “CAS Eligible” indicator under the Full List of Securities available on HKEX website.

Settlement
Settlement Date2 T+2 market days
Settlement Currency HKD or SGD
Order Amalgamation Yes (Conditions for Amalgamation, click here)
Contra Trading Yes
CPF settlement No

Note: For payment methods, please click here.

 

Holidays (2020)

2020

Month Day Date Holidays Settlement Trading Day
January
 



 Wednesday  01 January New Year’s Day  No  No
Friday  24 January Lunar New Year’s Eve  No  Partial
Monday  27 January Lunar New Year  No  No
Tuesday  28 January  Lunar New Year  No  No
April  Friday  10 April Good Friday  No  No
Monday 13 April Easter Monday No No
Thursday 30 April Buddha’s Birthday No No
May  Friday  01 May Labor Day  No  No
June Thursday  25 June Tuen Ng Festival  No  No
July Wednesday  01 July Sar Establishment Day  No  No
October 

 Thursday  01 October National Day (obs)  No  No
Friday  02 October Day After Mid-Autumn Fest  No  No
Monday 26 October Chung Yeung Festival  No  No
December   Thursday  24 December Christmas Eve Obs-halfday  No Partial
Friday  25 December Christmas Day  No  No
Thursday  31 December New Year’s Eve-early close  No  Partial

Note: Information is correct at time of posting

  1. Hong Kong Stock Exchange (SEHK) live prices service are available on a monthly subscription with 1,000 POEMS reward points or full payment of S$45. For detailed information, please click here.
  2. Should the due date coincide with a:

       a) Singapore public holiday - The due date will follow the traded market's due date.
       b) Hong Kong public holiday - The due date will be the following market day