We can help you on what you are looking for

You can choose to:

• If the correspondence address in the request letter is the same as your residential address, please sign and return the request letter to signify it as a Residential Address Proof, or;
• If the correspondence address in the request letter does not match your residential address, please update your residential address via Phone Banking or Online Banking first and provide the Bank with Residential Address Proof, quoting the Investment Account Opening Application Reference Number stated on the request letter, together with a copy of the Cover Letter.

Please submit the Residential Address Proof within 30 calendar days from the date of your application; otherwise, your application for a Securities Account may not be further processed.

Back to top

Please submit the original document of Employer Consent, quoting the Application Reference Number stated on the request email within 30 calendar days from the date of your application; otherwise, your application for a Securities Account may not be further processed.

Back to top

Your document must have been issued within the last 3 months and show the same residential address with your application. Examples of Residential Address Proof include latest 3 months utility bill or bank statement, etc.

Back to top

No, at this stage, you cannot sign up for these two services in Standard Chartered Online Banking. Please kindly go to any of our branches for assistance.

Back to top

If you have any enquiry, please feel free to contact our Securities Services hotline at 2886 8868 (1-3-4).

Back to top

To enable TLS 1.1 and/or TLS 1.2 protocols on web browsers, see the list below.

• Microsoft Internet Explorer
• Google Chrome
• Mozilla Firefox
• Opera
• Apple Safari

Back to top

Due to online security reason, refresh function is not supported in the securities services webpage, please login again. If you would like to refresh any page under Market Information tab, you could click the green “Refresh” button on the top right corner, example as below.

Back to top

The lowest acceptable trading price for auto-matching under the system of the Hong Kong Stock Exchange is $0.01. We will reject the orders with order price per share below $0.01.

Back to top

Yes, you can specify your desired limit price for both the Morning At-Auction Limit Order and Enhanced Limit Order/ CAS At-Auction Limit Order. The order will be monitored by the Bank’s system and sent to the Stock Exchange of Hong Kong (“SEHK”) when the limit order price falls within the acceptable range specified by the Stock Exchange Trading Rules.

The acceptable range of price limit is as below.

Clients may check the order status through online banking or refer to the Order Confirmation SMS/ Email sent by the Bank (applicable if the client has subscribed for Order Confirmation SMS/ Email services).

The Bank reserves the absolute right to change the above mechanism without prior notice.

Back to top

Yes, you can sell the stock before settlement date as long as the buy order of the day has been partially or fully executed.

Back to top

Yes, you can amend or cancel any outstanding (i.e. partially filled or open status) order via Online Securities Services under “Order Enquiry” page. Simply go to “Order Enquiry” page, press “Modify” or “Cancel” button for the order which you want to modify or cancel.

Please note that there are some restrictions on Order Modification and Cancellation:

• For a partially-filled order, only the remaining portion which has not been filled can be modified or cancelled.
• When customer modifies the order price for an open Enhanced Limit Order which is queued in the SEHK, the order queuing in the SEHK will be cancelled, and the order with the modified price, if within 24 spreads of the prevailing nominal price, will be sent to the SEHK, otherwise, it will be stored in our system for monitoring and be sent to the SEHK when the aforementioned price condition is met.
• Also, the Limit Order Price of an outstanding Enhanced Limit Order being queued in the SEHK cannot be changed to a price level that is higher than the prevailing ask price (for buy order) or lower than the prevailing bid price (for sell order).
• For an open order, the order quantity cannot be increased. In case customer wishes to increase the order quantity, customer should either place a new order with incremental quantity or cancel the original order first and then place a new order with the new order quantity.
• During the Pre-opening Session, all orders cannot be modified or cancelled when Order Input Period for the session ends (at 9:15 a.m.).
• During the Closing Auction Session, all orders cannot be modified or cancelled when Order Input Period for the session ends (at 4:06 p.m. on normal trading day /12:06 p.m. on half trading day).
• During our regular system maintenance period (i.e. from 5:00a.m to 7:00a.m. daily ）, all orders cannot be modified or cancelled.

Please note that this only represents the Order Change Request would be submitted to the Bank and this does not guarantee the order can be changed or cancelled successfully in the market. Customers are always advised to check the order status through “Order Enquiry” page.

Back to top

Order amendments or cancellations made during trading hours will be handled on the same trading day upon receipt of instructions provided that the order has not been fully executed or cancelled.

Please note:

• Before an amendment request has been duly processed, we cannot entertain another amendment instruction on same order.
• Once a cancellation instruction is placed, you cannot withdraw your cancellation instruction or make further amendments to same order.

Back to top

Order Type:

• Enhanced Limit Order
  An Enhanced Limit Order allows you to set the maximum price you will pay when buying or the minimum price you will accept when selling. This can reduce the risk of paying more or receiving less for an order than what you expect.An Enhanced Limit Order is tracked by the Bank’s system and only sent to the SEHK for queuing when its limit price falls within 24 spreads of the prevailing nominal price. The Bank reserves the absolute right to change this mechanism without prior notice.When submitted to the SEHK, it allows matching of up to 10 price queues (i.e. the best price queue and up to the 10th queue at 9 spreads away) at a time provided that the traded price is not worse than the input price. The sell order input price cannot be made at a price of 10 spreads (or more) below the current bid price whereas the buy order input price cannot be made at a price of 10 spreads (or more) above the current ask price.Any outstanding Enhanced Limit Order in SEHK trading system will be treated as a limit order and put in the price queue of the input price.
• Morning At-Auction Limit Order
  Morning At-Auction Limit Order is a limit order with a specified price for single price auction during Pre-opening Session.Morning At-Auction Limit order for Pre-opening Session can be placed 24 hours except 9:15 a.m. to 4:10 p.m. of every trading day.Customer should note that both the Indicative Equilibrium Price (IEP) or spread range of the prevailing IEP may affect whether the order can be captured by the SEHK or that the order can be executed.Any outstanding Morning At-Auction Limit Orders for Pre-opening Session will be carried forward to the Continuous Trading Session and treated as limit orders provided that the specified price of that Morning At-Auction Limit Order does not deviate 9 times or more from the nominal price
• CAS At-Auction Limit Order
  CAS At-Auction Limit Order is a limit order with a specified price for single price auction during Closing Auction Session.CAS At-Auction Limit order for Closing Auction Session can be placed from 4:00 p.m. till the end of the Closing Auction Session of full trading day. It can be placed from 12:00 p.m. till the end of the Closing Auction Session of half trading day.Customer should note that both the Indicative Equilibrium Price (IEP) or spread range of the prevailing IEP may affect whether the order can be captured by the SEHK or that the order can be executed.All unexecuted CAS At-Auction Limit Order will be expired when the Closing Auction Session ends.

Back to top

A Market Order is an order without specifying the price that allows customers to buy or sell securities at the prevailing market price. It helps customers to avoid missing investment opportunity caused by setting a specific limit price. A Market Order that is entered into the trading system will be executed at the prevailing market price at time of execution.

However, customers should be aware that the final executed price may deviate considerably from the market price at the time of order placement due to market fluctuation and technical factors, especially at the beginning of morning and afternoon trading sessions due to the possible accumulation of orders submitted before market open.

Customers are also advised that a Market Order may only be partially-filled, and in some scenarios, cannot be filled for any order quantity. Customer should from time to time check the execution status of Market Order from the “Order Enquiry” page.

Back to top

Upon customers’ confirmation, the Bank will send out Special Limit Order to the Stock Exchange of Hong Kong Limited. The order will be matched with the five best price queues at the market (prevailing best queue and up to the 5th queue at 4 spreads away at the time when the market order is being processed) with up to a maximum of 4 spreads above the prevailing best ask price for buy orders or below the prevailing best bid price for sell orders at the moment of order placement.

If all quantities are filled, the Market Order is fully executed. Otherwise, any unfilled quantity of the order from the first round of matching will be re-submitted into the market instantly for a maximum of 2 extra attempts of matchups. After all 3 attempts have been completed, any remaining unfilled order quantities will be automatically cancelled. In this case, the order status will still be described as “Expired” referring that the Bank has already completed the whole processing of the Market Order at bank’s level. Customers are advised to click on the Order Reference hyperlink of the order from time to time to fetch the detailed order execution status in “Order Status Details” page.

• Examples to illustrate execution of Market Order

Back to top

Stop Loss Order is a sell instruction that allows you to preset the selling price range, i.e. Stop Loss Price and Lowest Selling Price. Once the last executed price of the securities hits or falls below your pre-set Stop Loss Price but still higher than the Lowest Selling Price, your sell order will be submitted to the market with the Lowest Selling Price set as the Limit Price of the sell order. Please note that the Lowest Selling Price must be set within 20 spreads away from the Stop Loss Price. Otherwise, the order may be rejected when it is triggered. However, a full / partial execution is not guaranteed as there may be outstanding orders from other investors in the order queue ahead of yours and order execution is also subject to certain factors including but not limited to market fluctuation and market liquidity.

The order may be fully executed, partially executed or even unexecuted. The executed price may also be Better, Equal To or Worse than your specified Stop Loss Price but would not be lower than your Lowest Selling Price. Please note that once the Stop Loss Order is triggered, regardless of the final execution result at the end of the trading day, the order will lapse and will not be carried forward to next trading day. For a Stop Loss Order, only cancellation request would be accepted. If you wish to modify an outstanding Stop Loss Order, you have to cancel it first and submit a new order. Also, Stop Loss Order is not applicable for Pre-opening Session.

An illustrative example is shown below:

Back to top

Stop Loss Price is the selling price pre-set in Stop Loss Order. If the last executed price of the securities hits or falls below this Stop Loss Price, the Bank’s system will place the sell order to the market with the Lowest Selling Price set as the limit price.

Back to top

Once the Stop Loss Order is triggered, it will be executed only when the selling price is not lower than this pre-defined Lowest Selling Price. It helps to limit your losses amid volatile market conditions. Please note that the Lowest Selling Price must be set within 20 spreads away from the Stop Loss Price . Otherwise, the order may be rejected when it is triggered.

Back to top

Customers can trade IBOND in the SEHK conveniently via OST, SC Equities, or Securities Hotline. Customers need to beware that the accrued interest of the IBOND would be taken into account to derive the settlement amount of the trade. The accrued interest is normally paid from the IBOND buyer to the IBOND seller (existing IBOND holder) for holding the bond from the last interest payment date until the trade settlement date. The relevant accrued interest of the IBOND would be added to customer’s transaction amount for trade settlement.

The accrued interest amount would be displayed in customer’s contract note of the trade, which is derived as following:

= [(P x R) / 365] x D [rounded to 2 decimal points]

Where:

• P = Nominal Amount of the IBOND
• R = Indicative per annum interest rate
• D = No. of calendar days for interest accrual calculation

Note:

• The indicative per annum interest rate, R is determined and announced on the relevant interest determination dates.
  

  Transaction settlement date	Applicable Indicative Interest Rate (R)
  Before the first interest payment date	R will be the one announced by the Government in advance. This rate is determined based on the higher of the Fixed Rate or Floating Rate on the announcement date of the relevant IBOND. Please note that this is not the actual per annum interest rate for the first interest payment date.
  After the first interest payment date	R will be that of the immediate preceding interest payment date.
  On the actual interest payment day	No accrued interest is required to be applied to derive the settlement amount. For these trades, the IBOND seller is entitled to the interest payment distributed on interest payment day, and the IBOND buyer is not entitled to it.

• D is the number of calendar days counted from the last interest payment date prior to the trade settlement date to the Trade Settlement Date (both days inclusive) minus 1 day.
  For example (04231.HK):
  Last interest payment date: 20 Dec 2018(i) Trade Date is 19 Dec 2018, Trade Settlement Date is 21 Dec 2018. D is counted from 20 Dec 2018 to 21 Dec 2018 – 1 day = 1 day(ii) Trade Date is 27 Dec 2018, Trade Settlement Date is 29 Dec 2018. D is counted from 20 Dec 2018 to 29 Dec 2018 – 1 day = 9 days.
• In the case the Trade Settlement Date is before the first interest payment date, D is the number of calendar days counted from the iBond issue date to the trade settlement date (both days inclusive) minus 1 day.
  For example (04239.HK):
  Issue date: 16 Nov 2020, First interest payment date: 17 May 2021(iii) Trade Date is 17 Nov 2020, Trade Settlement Date is 19 Nov 2020. D is counted from 16 Nov 2020 to 19 Nov 2020– 1 day = 3 days

For further details, please visit HKSAR Bond Programme website via www.hkgb.gov.hk

Back to top

You can place iBond orders according to the timetable below.

Back to top

All types of orders are accepted except Good-Till-Day Order.

Back to top

The allowable price limit range for iBond is as below.

Clients may check the order status through online banking or refer to the Order Confirmation SMS/ Email sent by the Bank (applicable if the client has subscribed for Order Confirmation SMS/ Email services).

The Bank reserves the absolute right to change the above mechanism without prior notice.

Back to top

You may consider to reduce the quantity of the stock in the market order or try to place Enhanced Limit Order.

Back to top

The reference price sets the allowable price limit of the CAS (+/- 5% from the reference price) applicable in Order Input Period. The reference price is determined by taking the median of the 5 snapshot nominal prices taken at 15-second intervals in the last minute of the Continuous Trading Session. It is fixed during the Reference Price Fixing Period (4:00 – 4:01 p.m. / 12:00 -12:01 p.m.*)

Back to top

Back to top

The order will be acknowledged, but will not be executed.

Back to top

The orders input during Reference Price Fixing Period (4:00 – 4:01 p.m. / 12:00 – 12:01 p.m.*) will be stored at the Bank’s system according to input time sequence and will be sent to the HKEx when Order Input Period begins at 4:01 p.m. / 12:01 p.m.*.

Back to top

In this case, the reference price will become the closing price of the day.

Back to top

You can place next day order after CAS, that is after 4:10 p.m. of the trading day.

Back to top

The CAS would apply to Stock Connect Southbound brokers and investors, and would include all current Stock Connect stocks for Southbound trading in Phase 1.

Back to top

Stop Loss order will not be triggered during CAS. Reference price and Indicative Equilibrium Price (IEP) will not trigger Stop Loss Order.

Back to top

Information listed below can be obtained from our Online Securities Service Platform and SC Equities Mobile App.

^*Applicable to Half Trading Day which is on the eves of Christmas, New Year and Lunar New Year.

Back to top

For buy order submitted before 4:10 p.m. on a trading day, hold fund will be released (i) immediately upon the buy order is successfully cancelled, or (ii) before 7:00 p.m. on that trading day after the buy order is expired.

For buy orders submitted after 4:10 p.m. of a trading day, fund held for the buy order will only be released after 8:30 a.m. on the next trading day if customer cancels the buy order after 7:00 p.m. on the day of order placement. Fund hold adjustment will also only take place after 8:30 a.m. on the next trading day if customer reduces the order quantity or order price after 7:00 p.m. on the day of order placement.

Back to top

This is because the FX rate or re-investment price for the dividend has not yet been announced and confirmed by the listed company. Client can still submit instruction to these options. The Bank will base on the announced and confirmed FX rate or re-investment price to determine the final dividend payment to the clients.

Back to top

Free Email and/or SMS notification will be sent to the client who is entitled to voluntary Corporate Action event types supported in Online Securities Trading platform according to the client’s preference.

The following notification will be sent during the cycle of an applicable Corporate Action Event:

• Corporate Action Announcement
  This is applicable to Dividend Payment with Option, Tender Offer, Open Offer and Rights Issues. This informs clients the entitlement towards the applicable corporate action event, and invites clients to give their instructions before the Bank’s deadline. Please note for Rights Issue, if clients buy the share rights from the secondary market or transfer in share rights from other financial institute, no separate email/ SMS notification on entitlement will be sent out.
  
  
• Corporate Action Deadline Reminder
  This is applicable to DVOP, Tender Offer, Open Offer and Rights Issues. This reminds the client the submitted Corporate Action quantity is not fewer than the entitled quantity or the client has not yet submitted an instruction. If client wishes to take the default option for the corporate action event, client can ignore this reminder.
  
  
• Corporate Action Debit Reminder
  This is applicable to Open Offer and Rights issues only. This reminds client to maintain sufficient fund in order to settle the submitted instruction.
• Corporate Action Debit Failure
  This is applicable to Open Offer and Rights issues only. This informs client the debit for the submitted instruction for Open Offer or Rights Issue is unsuccessful. Client is advised to deposit the required funding to his/her settlement account before 5:30 p.m. on the same day upon this notification is received and inform the bank by calling 2282 0898. The bank will not take any action to the submitted instruction if client fails to respond.

Back to top

Submitted Instruction can be modified through both online and Securities Hotline on or before Last Reply Date/Time except which modification instruction for Dividend with Option must be submitted through Securities Hotline.

Back to top

If you would like to receive your dividend partially in cash and partially in shares, you need to enter the relevant eligible quantities under different payment options

For example: Client’s entitlement holding is 40,000 shares of ABC stock

If client wants to receive half of the eligible quantity in cash and half of the eligible quantity in scrip, then you need to input as below:

• Payment option: 20,000 Shares in HKD xx, 20,000 Shares in Scrips

Please note that client is required to enter the entitled quantity of the stocks and not the quantity of scrip dividend desired to receive.

Back to top

The Entitled Quantity shows your initial entitlement as amended by any quantity traded by you subsequently in the market as of last trading day for rights issues and that has been settled for tender offer . For example, in a particular rights issue, you initially received 1,000 rights entitlement and today you buy 200 rights entitlement in the market. Your entitled quantity would still show 1000 today. The entitled quantity will only be updated in the next day after the trading day. Also, in a tender offer, you initially entitled for 1,000 quantity of shares and today you buy 200 quantity of shares from the market. Your entitled quantity would still show 1,000 today until the trade has been settled.

Back to top

After submitting your instruction, please make sure you have maintained sufficient funds in your settlement account and entered instruction matches with entitled quantity by the Last Reply Date/time. Otherwise the bank shall have the discretion to stop processing any or all your instructions without prior notice.

Back to top

Client can refer to the corporate action advice that we sent to client for reference. In addition, you should always carefully read the announcements, circulars and other documents issued by the listed company relating to the corporate action before submitting your instructions. Please visit the Hong Kong Stock Exchange website http://www.hkexnews.hk/index.htm for copies of these documents.

Back to top

For Historical Corporate Action Events which passed the Last Reply Date/Time for 30 calendar days or more, they will be removed from Online Enquiry.

Back to top

We are sorry that we are not able to accept any request of transfer-in or physical share deposit from EEA resident.

Back to top

Counter located at 21/F Standard Chartered Tower can only provide physical share related services. Should you have any enquiry on stock transfer, please feel free to contact our Securities Services Hotline at (852)2886-6266.

Back to top

Should you have any enquiry on stock deposit/withdrawal, please feel free to contact our Securities Services Hotline at 2886 6266.

Back to top

Our normal opening hour for physical shares certificate deposit/ withdrawal is 9:00-13:00 and 14:00-17:00 Mon – Fri (excluding holidays).

Our cut-off time for clients to submit the consent through Online Securities Trading platform is 11 PM of business days. The cut-off time through branch would be 3:30 PM of business days. The above cut-off time would be changed without prior notice.

Back to top

You will have only 1 BCAN for your China Connect orders with the Bank. However, if you own a joint account, additional BCAN will be assigned to the joint account with the Bank. If you own a joint account (different pair of account holders), an additional BCAN will be assigned to this joint account.

Back to top

As stated in Personal Information Collection Statement concerning China Connect Orders, the information will be used as required as part of the China Connect Securities Services by the Bank, its service providers and its execution broker.

Back to top

You can contact our Securities Services Hotline (852)2886-6266 for the consent status.

Back to top

The model will be launched on 17 Sep 2018.

Back to top

From September 2018 onwards, you can accept the Statement through the Bank’s Online Securities Trading Platform.

Back to top

SEHK monitors the usage of the Northbound Daily Quota on a real time basis. The calculation is as follow: Daily Quota Balance = Daily Quota – Buy Orders + Sell Trades + Adjustments^ The Daily Quota will be reset every day. Unused Daily Quota will NOT be carried over to the following day’s Daily Quota. When the Northbound Daily Quota Balance drops to zero or is exceeded during a continuous auction session (or closing call session for SZSE), no further buy orders will be accepted for the remainder of the day. SEHK will resume the Northbound buying service on the following trading day. When the Northbound Daily Quota Balance drops to zero or the Daily Quota is exceeded during the opening call auction session, new buy orders will be rejected. However, SEHK will again accept Northbound buy orders once the Northbound Daily Quota Balance resumes to a positive level before the end of the session. It should be noted that buy orders already accepted will not be affected by the Daily Quota being used up and will remain on the order book of SSE/SZSE unless otherwise cancelled by the relevant brokers. ^Daily Quota Balance will be increased when a) a buy order is cancelled; b) a buy order is rejected by the other exchange; or c) a buy order is executed at a better price.

Back to top

Day trading is not allowed for Mainland market. Therefore, Hong Kong and overseas investors buying eligible SSE/SZSE securities on Trade Day can only sell the shares on or after Trade Day + 1 Day.

Back to top

Investors must ensure they have sufficient shares in their accounts opened with the selling broker when placing sell orders. If the shares are kept in an account opened with another SEHK Exchange Participants or a custodian, investors must first transfer the shares to the selling broker before the market opens on the day of selling (Trade Day) in order to sell their shares on Trade Day.

Back to top

In such a case, investors are only allowed to place sell order for the delisted SSE/SZSE securities, and are prohibited from further buying such SSE/SZSE securities. Unless such A Share is subsequently removed from the “risk alert board”, and it is accepted as an SSE/SZSE security if it remains as a constituent stock of the relevant indices or if its corresponding H share continues to be listed and traded on the SEHK (as appropriate). Under the following cases, investors will only be allowed to sell A Share but restricted from further buying if: a.the A Share subsequently ceases to be a constituent stock of the relevant indices; and/or b.the A Share is subsequently under “risk alert”; and/or c.the corresponding H share of the SSE/SZSE security subsequently ceases to be traded on SEHK; and/or d.the SZSE A Shares, based on any subsequent periodic review, have a market capitalisation of less than RMB6 billion.

Back to top

Currently, odd lot trading is only available for sell orders under Northbound Trading Link. Investor should note that all board lot and odd lot orders are both matched on the same platform on SSE/SZSE , and subject to the same share price. Hence, any Northbound buy trade executed may be matched with odd lot sell orders, resulting in odd lot trades.

Back to top

Under Northbound Trading Link, investors are only allowed to trade on days where both markets are open for trading, and banking services are available in both markets on the corresponding settlement days.

Examples:

Back to top

A shares traded on the SSE/SZSE are subject to a price limit based on their previous closing price, including a ±10% price limit for stocks under normal circumstances and a ±5% price limit for stocks that are under special treatment (i.e. ST and *ST stocks) under risk alert. Northbound trading follows the same rule. In addition, SEHK sets a lower price limit of 3% on buy orders of all Northbound Trades. Buy order for a Northbound Trades at a price below its current best bid price (and if no current best bid price is available, the latest trade price, and if that is not available, the previous closing price) by a certain percentage will be rejected by the China Stock Connect system. Such price limit does not apply during the Opening Call Auction session of SSE/SZSE.

Back to top

1. Trading arrangement under severe weather conditions on the Mainland – If SSE/SZSE is suspended due to bad weather, there will be no trading on the Northbound and Hong Kong investors and Securities Brokers will be informed by SEHK.
2. Trading arrangement under severe weather conditions in Hong Kong

Back to top

At the initial stage of Shenzhen Connect, investors eligible to trade shares that are listed on the ChiNext Board of SZSE under Northbound trading will be limited to institutional professional investors. Institutional Professional Investor, as defined under paragraph 15.2 of the Code of Conduct for Persons Licensed by or registered with the SFC, means a person falling under paragraphs (a) to (i) of the definition of “professional investors” in section 1 of Part 1 of Schedule 1 to the Securities and Futures Ordinance.

Back to top

All customers’ holdings of A Shares purchased via Northbound Trading Link will be kept at the Central Clearing and Settlement System (“CCASS”). Since SSE/SZSE securities are issued in scripless form, therefore, physical deposits and withdrawals of such securities through Standard Chartered Bank into/from the CCASS Depository will not be available. Investors can only hold eligible SSE/SZSE securities through their brokers/custodians. Their ownership of such is reflected in their brokers/custodians’ own records such as client statements. Please also be noted that Standard Chartered Bank will not provide custodial service for eligible SSE/SZSE securities which are transferred-in from securities brokerage firms in Mainland China.

Back to top

Investors should note that the current Investor Compensation Fund will not cover any Northbound and Southbound Trading activities under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect (“ China Connect”).

Back to top

Under the current PRC rules, when an investor holds or controls up to 5% of the issued shares of an SSE/ SZSE -listed issuer, the investor is required to disclose his/her interest within three working days. Such an investor may not buy or sell the shares in the listed issuer within the three-day period. Besides, for such an investor, every time when there is an increase or decrease in his/her shareholding by 5%, he/she is required to make a disclosure within three working days. Note: The 5% change means the actual magnitude of the net change of its shareholding as a percentage of the total issued share capital of the company (e.g. an increase from 10% to 15% or decrease from 10% to 5%).

Back to top

• Click here to download

Back to top

If the report of the stock you are interested in is available, you can click the Average Score of stock and you will be redirected to the corresponding stock report summary page.

Back to top

By using the change view market option, you can select the desired market (e.g. Hong Kong, SH-HK Connect, SZ-HK Connect, Shanghai A or Shenzhen A.). The Sector Heatmap page content will be amended to display the relevant market information according to your market view selection.

Back to top

By using the change view period option, you can select the desired period to view (e.g. 1 day, 1 week, 1 month and 6 months). The sector overview page content will show the relevant market information according to your period view selection.

Back to top

The top and bottom performing economic sectors will be picked and displayed to give you an easier view of economic sector performance according to your market and period view selection.

Back to top

The Heatmap tracks the sector performance of market in selected period by coloured pieces and each coloured piece represents a sector or a group of stocks. Green pieces show positive change, while red pieces show negative changes. The colour gradient is determined by the value of the indicator at the upper left. Higher gain or loss in performance represent by deeper colour. The size^# of rectangle represents the market cap / turnover. You can click the sector piece to zoom into the stocks of the sector. You can also click the stock piece to view stock performance chart in 5-min/ daily/ weekly/ monthly candles.

^#Ceiling and floor size of colored pieces are applied to Sector Heatmap to ensure proper display.

Back to top

Drill down feature is supported when you click the below items:

• The colored piece of Sector Heatmap.
• Sector name of top/ bottom performing sectors
• Sector name in sector performance table view

Back to top

There are Average Score, Peer Comparison, Component Scores, Thomson Reuters Broker Rating on Stock Report +. You can check the score trend of the stock, sector and peer stocks under these parts in the report. The average scores are presented on a five-point standardized scale. Average Score is a weekly Score combines a quantitative analysis of five widely-used investment decision making tools – Earnings, Price Momentum, Fundamental, Relative Valuation and Risk. The definitions are as below.

• Earnings score: The score is based on a combination of three component factors: earnings surprises, estimate revisions, and recommendation changes.
• Price momentum score: The score is based on a combination of two technical performance factors: Relative Strength and Seasonality.
• Fundamental score: The score is based on a combination of four component factors: Profitability, Debt, Earnings Quality, and Dividend.
• Relative valuation score: The score is based on a combination of three component factors: Price to Sales, Trailing P/E, and Forward P/E.
• Risk Rating: It is derived by looking at a series of long-term (5-year) and short-term (90-day) stock performance measures including magnitude of returns, volatility, beta, and correlation.

Back to top

You can check the price difference of A and H shares between Hong Kong and China market. You can see a A+H selection bar showing according to H Vs A Share Discount/ Premium %. The default setting shows all A+H stocks. You can deselect/ select the stocks based on the discount/ premium %.

Back to top

*HKD Eqv. is the estimated price by converting the CNY price of the stock with the CNY/HKD exchange rate of previous day. The price is rounded to 2 decimal places for display purpose.

Back to top

The discount or premium percentage is defined as the percentage change of the price of H-share relative to the HKD equivalent price (by converting the CNY price of the stock with the CNY/HKD exchange rate of previous day) of A-share.

Back to top

Sorting feature is supported for the discount and premium columns, so you are able to view the discount or premium percentage in ascending/ descending order.

Back to top

The Sector Comparison presents the sector performance of Hong Kong stock market in different time durations. The Colour of sectors represents the change of performance, with green meaning rise and red meaning drop. Deeper colour means larger change.

The chart on the right displays the selected sector price performance comparing to the equity benchmark, i.e. Hang Seng Index. The constituent stocks in the sector are shown in the table underneath.

Back to top

It is the mean recommendation from all analysis covering the company on a standardized 5-point scale (Positive, Neutral to Positive, Neutral, Neutral to Negative and Negative).

Back to top

Every source adopts different assumption and definition of stock data ratio. The information provided by different service providers may cause the differences.

Back to top

PE ratio (TTM) is ratio of stock price to earnings per share on Trailing Twelve Months basis. TTM refers to trailing update of the information on last four quarters. Please note that companies publish unaudited information in semi annual, 3 months or 9 months reports, and only publish audited information during annual report.

Back to top

No. our system will calculate the brokerage fee with the total executed quantity and the average transaction price of the consolidated transaction. Therefore the minimum brokerage will be applied once only.

Back to top

Current, only the primary holder of account is eligible for opt in/out of the eDocuments for Securities. But all holders of registered accounts are eligible to access to the eDocuments once the joint account is registered.

Back to top

This may be due to one of the following:

• Email address is not valid
• Email address is missing for any of holders in the account

Back to top

Yes, you can. The registration of eDocuments services is on Securities account basis.

Back to top

Please kindly refer to the email if it is about a joint securities account. Even only the primary holder is eligible to opt in for eDocuments, all the holders of the joint account will be informed about the registration and receive email notification of eDocuments. All the holders of the joint account are also able to browse the eDocuments through the internet. Paper documents will not be sent except the duplicate copies request is made.

If it is not related to the registration of a joint securities account or it is not your account, please kindly call our Securities Services Hotline at (852)2886-8868.

Back to top

Client is required to have a valid email address in the bank before registering for the eDocuments Services. Client can update the email address through Online Banking or any branch of the bank.

For eDocuments registration of joint securities account, all the holders of the joint account must have a valid email address in the bank. If any holders’ email address is not updated to the bank, the registration for the eDocuments will be rejected.

Back to top

Yes, you will. Email notification will be sent when registration is done successfully and when the eDocuments is ready under your account.

We recommend you check your email account or Online Banking often to read the latest eDocuments and check for any necessary actions.

Back to top

It is 24 months for Securities Monthly Statement and 12 months for Contract Notes, Corporate Action Advice and IPO Advice.

Back to top

The eDocuments supports most Securities documents include Contract Note/Receipt/Withdrawal, Securities Monthly Statement, IPO advice and some Corporate Action Advice.Those documents not supported by eDocuments Service will be sent to the client’s registered address in paper form. After the account has registered for eDocuments Services and when the eDocuments is generated, an email notification will be sent out to your registered email address and other holders’ email address to inform that the document is ready for browsing online.

Corporate Action Advice not supported by eDocuments Service as below:

• Corporate Action Announcement for Dividend with Options, Bonus Issue with Options, Privatization with Options, Rights Issues, Open Offer, Consolidation and Stock Splits
• Excess Application Advice for Open Offer and Rights Issues
• Payment Advice for Bonus Issue with Options
• IPO Preferential Offer Advice

The eDocuments will be only available online for those securities documents generated after successful registration to eDocuments. Those Statements/Advices generated in paper format before the registration will not be available in eDocuments.

Back to top

If the registration is completed before the cut off time at 9:00p.m, eDocuments will be available by noon or before in the next working day. Otherwise, the eDocuments will be available on the second working day after registration. If registration is done on non-working day, eDocuments will become effective as if registration done in next working day.

Back to top

The email notification that the bank sent to your email address has been bounced back. We will resend the email notification 3 times. After resending the notification email 3 times but still bounced back, we will send you a letter advising you to update your email address with the bank. If you ignore the letter and without updating your email address to the bank, the bank has the rights to cancel your eDocuments Services and switch back to paper. Please take note that if eDocuments Services is cancelled, the bank will mail the Securities documents to your mailing address in paper form. If the mailing address is not valid and results in returned mail to the bank, the bank may suspend your account for trading until the mailing address has been updated to the bank.

Back to top

In addition to the securities documents cannot be supported by eDocuments Service and if there is any document failed to generate online, the bank will generate the document in paper and send to the client’s registered address in the bank. Therefore, even though you have subscribed eDocuments Service, please ensure you have a valid mailing address in the bank.

Back to top

After you closed your Securities Account, your Securities eDocuments service will be disabled for the closed account. The Securities Documents generated after account closure will be in paper format and sent to your mailing address registered with the bank. If you still have any other active securities account in the bank, you can still view via Online Banking the eDocuments of the closed account generated prior to account closures.

Back to top

We recommend you to view/download eDocuments using PC. Missing page may be found if view/download via mobile browser.

Back to top

If you have no email address record with the Bank, you will not be able to access the Bank’s online or mobile securities trading platform. You can register your valid email address upon online or mobile platform login to enjoy online and mobile securities trading services right away. Otherwise, you can still conduct securities trading through our Securities Hotlines (Priority Banking (852)2886-6000/ Premium Banking (852)2886-7000/ Easy Banking/ General Banking (852)2886-8000).

Back to top

According to the requirements introduced by the Securities and Futures Commission (SFC) to enhance internet security and protection to the investors, additional controls are required over Internet trading, including the implementation of two-factor authentication (2FA). Therefore, starting from April 27, 2018, it will be a mandatory requirement for the Bank to implement 2FA mechanism for clients logging into online investment platforms.

Back to top

According to the requirements introduced by the Securities and Futures Commission (SFC) to enhance internet security and protection to the investors, additional controls are required over Internet trading, including sending prompt notification to clients through a different channel used for 2FA upon logging into online investment platform.Therefore, starting from 16 July, 2018, the Bank will send clients a prompt notification through an email in addition to the 2FA (i.e. OTP via SMS) upon their login to online investment platforms.

Back to top

Other banks may choose to adopt other means for 2FA and sending prompt notification, thus do not require email registration. The Bank is required to send prompt notification through a channel other than one used for 2FA and thus, client needs to register a valid email address for receiving the prompt notification.

Back to top

The Bank will use email address registered for the prompt notification purpose, including online login and transaction notification, or for communication of other marketing and/or servicing information etc. However, if you opt out from receiving marketing materials, you will not receive such information through the email address from the Bank.

Back to top

You can manage the transfer of the stock at branches.

Back to top

Sorry, we do not offer loan for IPO to retail clients at the moment.

Back to top

IPO application may be rejected due to the following reasons:

1. Insufficient fund in the settlement account
2. Duplicate application
3. Invalid account status e.g account may be suspended due to return mail to Bank.Please ensure you keep your mailing address updated with the Bank.

Back to top

Please note that no modification/cancellation of the IPO instruction is accepted.

Back to top

No, the Bank will not post the stock to you.  But we will credit the stock to your securities account on the listing day of the stock if you are successfully allotted.

Back to top

Yes, the Bank will refund the amount for the unallotted number of shares to your settlement account within the refund day as specified in the Prospectus/Listing document.

Back to top

The Bank will send an acknowledgement notification to the client after IPO instruction is successfully validated. Otherwise a reject notification will be sent. Client is suggested to check the latest IPO application status under the IPO subscription status tabpage.

Back to top

The Bank currently is not supporting Corporate Action Preferential IPO Offer submission via online. If you wish to submit such instruction, please contact Securities Hotline at 2282 0898.

Back to top

Back to top

Form W-8BEN is a requirement of the U.S. Internal Revenue Service (“IRS”) for U.S. tax reporting for non-U.S. persons. Non-U.S. persons are subject to U.S. tax withholding (generally 30%) on certain types of income received from U.S. sources, such as interest and dividends.

Non-U.S. persons are required to complete and submit a duly completed Form W-8BEN for the reasons as below:

• to establish that you are not a U.S. person; and
• to claim that you are the beneficiary of the US-sourced income for which the Form W-8BEN is provided; and
• to claim, if applicable, a reduced rate of, or exemption from, withholding tax by being a resident of a foreign country with which the United States has an income tax treaty.

If you would like to know more about the instructions for Form W-8BEN and tax treaties, please visit the IRS websites or consult your tax adviser. You may download the Form W-8BEN at https://www.irs.gov/pub/irs-pdf/fw8ben.pdf.

Back to top

Before the expiration of an existing Form W-8BEN, you need to submit a new Form W-8BEN to continue the service. W8-BEN forms need to be submitted through email us-tax-processing.hk@sc.com, Online Form Submission portal https://www.sc.com/hk/service/document-upload/apply/ , any of our branches or mailing to us at:
STANDARD CHARTERED BANK (HK) LIMITED
CLIENT ON-BOARDING DEPOSIT OPS
13/F STANDARD CHARTERED TOWER
388 KWUN TONG ROAD
KWUN TONG
KOWLOON
HONG KONG

• You may download the Form W-8BEN at https://www.irs.gov/pub/irs-pdf/fw8ben.pdf.

Back to top

Settlement day of the US securities markets is 2 business days after trade execution day (T+2). For buy orders, debit of the purchase amount from your account and deposit of the purchased securities will take place 2 business days after trade execution day. For sell orders, sales proceeds will be credited to your account 2 business days after sale execution day.

Actual settlement date is subject to market arrangement which maybe beyond the stated date due to time zone difference, different lead time required or suspension of business or trading.

Back to top

The bank does not allow buying of OTC stocks on the Online Trading Platform.

Back to top

W-8BEN status is not yet available on Online Equities.

Back to top

If your Form W-8BEN is expired, you will still be able to sell US stocks. However, you will not be able to purchase US stocks. We advise you to re-fill the Form W-8BEN 3 months before it expires.

Back to top

When our clients who are not US Persons choose to invest in US securities, they are required to furnish us with a Form W-8BEN to declare their non-US Person status as well as whether they would be the beneficial owners of the income to be distributed in respect of such US securities. Submission of a Form W-8BEN does not exempt you from the US withholding tax imposed on dividends. This means, dividend payments are always net of withholding tax when credited to your account.

Back to top

You may transfer US securities by filling in the Stock Transfer Request Form by visiting any of our branches or by calling Securities Trading Team. There may be third party fees or charges involved with respect to such transfers, which shall be borne by the clients.

Back to top

All share transfers may take up to 14 working days to be completed (if all necessary documentation is accurate and complete). As share transfers involve other brokers, you will have to liaise with their other brokers to obtain the necessary documentation that is required to be submitted by them at their end. We may help to facilitate this on a best effort basis, but we bear no responsibility to provide any external party forms or for the accuracy of any information obtained from an external party.

Back to top

There are different types of ADR fees that can be charged in the market which can be Corporate Action (CA) / event by event specific (or more broadly based which are not solely related to corporate events). These fees are usually charged by the ADR depositary bank/ Depository Trust Company.

Some example of ADR Fees:

1) Custody Fees / Depositary Services Fees

2) Dividend distribution fees

3) Foreign Currency Exchange fees

4) Voting of shares fees

Corporate Action Specific

The frequency of Corporate Action related fees charged on ADRs are largely dependent on the frequency of the dividend payout.

ADR fees that are Corporate Action specific, a common practice for collection of the custody fee is for the ADR depositary bank to subtract the amount of the fee from the gross dividends paid by the bank to ADR holders.

However, a number of ADR issuers do not pay periodic dividends, which prevents the fees from being collected through the above-described mechanism.

In this case, ADR depositary bank/ Depository Trust Company charges the fee to its users (i.e., banks and broker-dealers) who pass them on to their customers.

Non Corporate Action Specific

ADR fees that are not directly CA specific are can vary by security and issuer. For ADR fees which are not directly CA specific billing will process the invoices back to investors through monthly auto debit.

For yearly fees, such as a servicing fee by the depository, CA will announce a general informational notice as a courtesy.

The recommendation is to have the client review the prospectus to understand what fees may apply from an issuer‘s perspective. We strongly advise clients to find out the fees being charged before buying ADRs.

Back to top

Fees can be viewed in the section of the registration statement typically titled, “Description of American Depository Shares” or “Description of American Depository Receipts.” Typically, fees are assessed per ADR. For example, 1000 ADRs could be assessed a fee ranging from $20 to $50.

Back to top

Like any other investment, clients should learn as much as they can about the company before they invest. Prior to investing in an ADR, Investors should review the fees reported in the Form F-6 registration statement under the Securities Act of 1933 available through the SEC’s web site at www.sec.gov/edgar.shtml at no charge.

Back to top

No. SCB is only passing the fees charged to SCB to clients who purchase ADR.

Back to top