TRADE–RELATED SERVICES
Transaction levy
SFC
0.0027% on transaction amount
Trading fee
HKEX
0.00565% on transaction amount
Stamp duty
HKSAR
0.1% on transaction amount
AFRC Transaction levy
AFRC
0.00015% on transaction amount
Brokerage commission
- Per contract note
- Per contract note
KSL
0.25% on transaction amount.
(Subject to a minimum HK$50.00 to HK$100.00)
SCRIP HANDLING AND SETTLEMENT–RELATED SERVICES
Transfer deed fee (T/D fee)
HKSCC
HK$5.00 / form
Express registration fee for physical share certificate #
HKSCC
HK$100.00 handling charge + HK$20.00 / share certificate
Stock withdrawal fee
HKSCC
HK$3.50 / board lot
Stock withdrawal fee (Handling Fee)
KSL
HK$50.00 / Stock
Outgoing SI / ISI fee (including the fee charged by CCASS)
KSL
HK$100.00 per transaction / HK$50.00 per transaction
Multi-counter transfer fee
KSL
HK$5.00 per transaction
INFORMATION SERVICES
Real-time price quote fee
KSL
HK$380 (for worldwide) / HK$258 (for Mainland China)
ACCOUNT MAINTENANCE
CCASS stock custody fee (fee calculated on month-end stock quantity balances in the account)
HKSCC
HK$0.012 / board lot
Stock Segregated Account with Statement Services (if any)
HKSCC
HK$10.00 / month
Dormant account charge (account inactive for more than two years)
KSL
HK$50.00 / month
NOMINEE SERVICES AND CORPORATE ACTIONS
CCASS charge of dividend
HKSCC
0.12% on dividend amount
CCASS scrip fee (for registration & transfer fee)
HKSCC
HK$1.50 / board lot
Dividend claim fee + handling fee
HKSCC
0.12% + HK$200.00 / claim
Corporate actions fee (for rights issue only)
HKSCC
HK$0.80 / board lot
Handling fee for dividend claim from CCASS
KSL
HK$5.00 / board lot. (Subject to a minimum HK$200.00)
Handling fee for dividend received
KSL
0.50% on dividend amount. (Subject to a minimum HK$20.00 and maximum HK$2,500.00)
Handling fee for collection of bonus shares, rights issue or warrants
KSL
HK$30.00 per stock
Handling fee for Cash / Open Offer
KSL
0.25% on gross offer amount. (Subject to a minimum HK$20.00 and maximum HK$5,000.00)
FINANCING AND OTHER SERVICES
Administration Fee of CIES
KSL
HK$10,000.00 / year
Interest rate for Margin clients
- Debit balances in respect of outstanding margin call amount
- Debit balances other than described above
- Debit balances in respect of outstanding margin call amount
- Debit balances other than described above
KSL
- 8% p.a. + (higher of Prime or HIBOR)**
- 2% p.a. + (higher of Prime or HIBOR)**
Interest rate for Cash clients
- Overdue debit balances in the account
- Overdue debit balances in the account
KSL
- p.a. + (higher of Prime or HIBOR)**
Interest bearing for free credit balance in the account
KSL
NIL for amount below HK$1000
HK$ savings rate p.a.* for amount of HK$1000 and above
HK$ savings rate p.a.* for amount of HK$1000 and above
Payment to third party
KSL
HK$100.00 / transaction
CHATs payment
KSL
HK$150.00 / transaction (HK$500.00 if translation required)
TT payment (Overseas)
KSL
HK$550.00 / transaction
TT payment (Mainland China)
KSL
HK$700.00 / transaction
Change of information in standing instruction
KSL
HK$70.00 / request
Returned cheque fee
KSL
HK$100.00 / transaction
Cheque mark good
KSL
HK$300.00 / transaction
Stop payment fee (including bank charges)
KSL
HK$150.00 / transaction
Handling fee for unidentified deposit
KSL
HK$50.00 / deposit
Application fee for IPO – Financing / Non Financing
KSL
HK$100.00 / HK$50.00
Receiving statements by mail
KSL
HK$100 / month
Charges for past monthly statement
KSL
HK$100 / month
* HK$ savings rate shall be the HK$ savings rate from time to time quoted by Standard Chartered Bank.
** The prime rate shall be the best lending rate from time to time quoted by Standard Chartered Bank. “HIBOR” stands for the Hong Kong Inter-Bank Offered Rate.
# Subject to the validity of the service rendered by HKSCC.
HKSCC: Hong Kong Securities Clearing Company Limited
HKSAR: The Government of the Hong Kong SAR
SFC: Securities and Futures Commission
KSL: Kingsway Financial Services Group Limited
HKEX: Stock Exchange of Hong Kong Limited
FRC: Financial Reporting Council