HKEx Stock Trading
Product
HKEx Stock Trading
Description
HKEx Stock Trading services for personal customers are provided by Bank of China (Macau) Limited while HKEx Stock Trading services for corporate and institutional customers are provided by Bank of China Limited Macau Branch. Stock is a share certificate issued by a corporation to shareholders with the purpose of fund raising. It is a type of documentary securities from which shareholders can earn dividend. It constitutes the equity stake of its owners and represents the residual assets of a corporation. The Bank provides trading services on securities listed on Hong Kong stock market, securities transferred from Hong Kong to Singapore stock market and the listed offshore stocks of Hong Kong stock market. We act as an agent, instead of a trustee, of stock trading. All securities trading transactions are consigned to BOC International Securities Ltd.
Features
Account opening and trading procedures are simple and easy. You can buy or sell stocks through BOC Macau APP, BOCNET (Personal), BOC Service Hotline or over the counters. We also act as a custodian and provide safe and reliable services.
Eligible Customers
Customers with investment experience and a certain level of risk tolerance
Application Method
Please use BOC Macau APP or visit any BOC sub-branches to complete the service activation procedures.
HKEX Stock Order Types
- Normal Order
- Auction Order
- Pre-set Order
Please find the attachment for more details: HKEX Stock Order Types(Effective from 19 November, 2022).pdf
Order Input Period
| Time | Trading Session | Order Types | Place | Modify | Cancel |
|---|---|---|---|---|---|
| 9:00 a.m. – 9:15 a.m. | Pre-opening Order Input |
At Auction Limit | √ | √ | √ |
| Enhanced Limit | √ | √ | √ | ||
| Pre-set | √ | x | √ | ||
| 9:15 a.m.–9:22 a.m. | Pre-opening No Cancellation To Random Matching |
At Auction Limit | √ | x | x |
| Enhanced Limit | √ | x | x | ||
| Pre-set | √ | x | x | ||
| 9:22a.m.–4:00p.m. | Pre-opening Blocking To Continuous Trading |
At Auction Limit | x | √ | √ |
| Enhanced Limit | √ | √ | √ | ||
| Pre-set | √ | x | √ | ||
| 4:00 p.m. – 4:01 p.m. | Closing Auction Reference Price Fixing |
At Auction Limit | x | x | √ |
| Enhanced Limit | x | x | √ | ||
| Pre-set | x | x | √ | ||
| 4:01 p.m. – 4:06 p.m. | Closing Auction Order Input |
At Auction Limit | √ | √ | √ |
| Enhanced Limit | x | √ | √ | ||
| Pre-set | x | x | √ | ||
| 4:06 p.m. – 4:10 p.m. | Closing Auction No Cancellation To Random Closing |
At Auction Limit | √ | x | x |
| Enhanced Limit | x | x | x | ||
| Pre-set | x | x | x |
*CAS Half Day Trading Schedule: Reference Price Fixing Period(12:00-12:01), Order Input Period(12:01-12:06), No Cancellation Period(12:06-12:08), Random Closing Period(12:08-12:10).
Fees Schedule
Please find the attachment for more details: Type of Charges-Stock Trading
Incentive Program Based On Trading Volume
Through the Incentive Program Based On Trading Volume, the commission fee could be charged at a lower rate than the original commission fee according to the monthly stock trading volume. The incentive program includes the HK Stock Trading and the A-Share Northbound Trading. If your stock trading volume meets the standard of the Incentive Securities Commission Rewards Program, you can enjoy designated commission fee from the next day to the next full month. If your stock trading volume does not meet the standard of Incentive Securities Commission Rewards Program, the original commission fee will resume at the end of the next month.
| Incentive Securities Commission Rewards Program | ||
|---|---|---|
| Transaction Amount (Equivalent HKD) |
HK Stock Trading Commission Fee | A-Share Northbound Trading Commission Fee |
| 500,000.00 and Below | Standard Fee | Standard Fee |
| 500,000.01-1,000,000.00 | 0.22% | 0.19% |
| 1,000,000.01-1,500,000.00 | 0.21% | 0.18% |
| 1,500,000.01-3,000,000.00 | 0.20% | 0.17% |
| 3,000,000.01-4,500,000.00 | 0.19% | 0.16% |
| 4,500,000.01-7,500,000.00 | 0.18% | 0.15% |
| 7,500,000.01-10,500,000.00 | 0.17% | 0.14% |
| 10,500,000.01-15,000,000.00 | 0.16% | 0.13% |
| Above 15,000,000.00 | 0.15% | 0.12% |
Charge of Stock Quotation Details:
| Particulars | Number of increased free enquiry/month | Free enquiry /month |
|---|---|---|
| No transactions | --- | 188 |
| Succeeded transaction amount is below 120,000.00(HKD Equivalent) | 200 | 388 |
| Succeeded transaction amount is between 120,000.00 - 200,000.00(HKD Equivalent) | 700 | 888 |
| Succeeded transaction amount is between 200,000.00 - 400,000.00(HKD Equivalent) | 1,700 | 1,888 |
| Succeeded transaction amount is between 400,000.00 - 2,000,000.00(HKD Equivalent) | 3,700 | 3,888 |
| Succeeded transaction amount is between 2,000,000.00 - 3,000,000.00(HKD Equivalent) | 6,700 | 6,888 |
| Succeeded transaction amount is above 3,000,000.00(HKD Equivalent) | 8,700 | 8,888 |
* For the price quota service fee, HKD0.10 will be charged and debited from the HKD settlement account of your financial investment account at the last trading day of the relevant calendar month. The calculation cycle for monthly free price quote enquiries is from the last trading day of each month to the day before last trading day of the following month (both inclusive). BOC Macau APP and other channels (BOCNET (Personal) and BOC self-service Hotline) are calculated separately.
Dual Tranche, Dual Counter
Enjoy flexibility to trade stock in RMB and HKD by the same issuer under "Dual Tranche, Dual Counter" Model.
Securities Margin Financing
We provide two different types of Securities Margin Financing, margin financing and collateral financing, please refer to Securities Margin Financing.
Risk Disclosure
This document does not constitute an offer for the purchase or sale of any investment products. Securities trading involve risks. The prices of securities may fluctuate, sometimes dramatically. It is possible that losses will be incurred rather than profit made as a result of buying and selling securities. You should study related sales materials before making investment decisions and seek independent professional advice. You should carefully consider whether the investment is suitable in light of your own financial situation and investment objective.
Disclaimer
The information contained in this document is provided on an "as is" and "as available" basis. This document does not necessarily deal with every important topic related or cover every aspect of the topics with which it deals. For the details, please refer to Hong Kong Exchange.
