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[US Sec Fee adjustment] In response to the U.S. Securities and Exchange Commission's notice of adjustments to transaction fees ("SEC Fees"), 2024, this new rate will take effect for transaction on Wednesday, May 22, from 0.0008% to 0.00278% for seller only.More... |
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[Shortened Settlement Cycle on US market] As per announcement from the U.S. Securities and Exchange Commission, the settlement cycle will change to T+1 (current T+2) starting from trade date on 28 May. More>> |
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Client Notice
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Dual Counter Model(Launch on 19-Jun-2023)
In order to further support the Renminbi development in the Hong Kong securities market ,Hong Kong Exchanges and Clearing Limited (HKEx) announces that it will launch the Hong Kong Dollar (HKD)-Renminbi (RMB) Dual Counter Model (“Model”) effective from 19 June 2023 (Monday). Customers are welcome to participate in the relevant transactions after the launch date.
Under the Model, investors can interchange the “securities” listed in both HKD and RMB counters as they are of the same class and holdings of securities in one counter can be transferred to the other counter without change of beneficial ownership i.e. buy/sell in one counter is equivalent to buy/sell in another counter. The securities would be designated as the HKD-RMB Dual Counter Securities (“Dual Counter Securities”) and be published by HKEx from time to time after the rollout of the Model. The first list of Dual Counter Securities and further information about the Model are available on HKEX website
Should you have any question regarding the above, please feel free to contact our Customer Services Department at (852) 2122-8800 (For Taiwan customer, please call our toll free telephone number at 0080-185-6282) or visit our website
