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 was 0.22% in 2013 and 0.2% from 1st January 2014.

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:Incorrect price spread (please refer to minimum bid size table )Price range beyond 24 bids

Order quantity exceeded 3,000 lots

Trading limit exceeded

Short sell

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
Phase 1 of the CAS will only cover all Hang Seng Composite LargeCap and MidCap index constituent stocks, H shares which have corresponding A shares listed on the exchanges in Mainland China, and all Exchange Traded Funds (ETFs) (together the CAS securities). For list of securities available, click here.

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 (2018)
Month Day Date Holidays Settlement Trading Day
 January Monday  01 January  New Year’s Day  No  No
 February   Thursday  15 February  Lunar New Year’s Eve  No  Partial
Friday  16 February  Lunar New Year  No  No
Monday  19 February  Lunar New Year  No  No
 March Friday  30 March  Good Friday  No  No
 April  Monday  02 April  Easter Monday  No  No
Thursday  05 April  Ching Ming Festival  No  No
 May  Tuesday  01 May  Labour Day  No  No
Tuesday  22 May  Buddha’s Birthday  No  No
 June Monday  18 June  Tuen Ng Festival  No  No
 July Monday  02 July  Sar Establishment Day (hk)  No  No
 September Tuesday  25 September  Day After Mid-autumn Fest  No  No
 October  Monday  01 October  National Day  No  No
Wednesday  17 October  Chung Yeung Festival  No  No
 December   Monday  24 December  Christmas Eve Obs-halfday  No Partial
Tuesday  25 December  Christmas Day  No  No
Wednesday  26 December  Christmas Holiday (obs)  No  No
Monday  31 December  New Years 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 1,700 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