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: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
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 (2019)

2019

Month Day Date Holidays Settlement Trading Day
 January Tuesday  01 January  New Year’s Day  No  No
 February  
 Monday  04 February  Lunar New Year’s Eve  No  Partial
Tuesday  05 February  Lunar New Year  No  No
Wednesday  06 February  Lunar New Year  No  No
Thursday 07 February Lunar New Year No No
 April  Friday  05 April Ching Ming Festival  No  No
Friday 19 April Good Friday No No
Monday 22 April Easter Monday No No
 May  Wednesday  01 May  Labour Day  No  No
Monday  13 May  Buddha’s Birthday  No  No
 June Friday  07 June  Tuen Ng Festival  No  No
 July Monday  01 July  Sar Establishment Day (hk)  No  No
 October  Tuesday  01 October  National Day  No  No
Monday  07 October  Chung Yeung Festival  No  No
 December   Tuesday  24 December  Christmas Eve Obs-halfday  No Partial
Wednesday  25 December  Christmas Day  No  No
Thursday  26 December  Christmas Holiday (obs)  No  No
Tuesday  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 1,000 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