HK Stocks

Hong Kong Securities Trading

Securities Market Trading Hours
Hong Kong Securities (except Extended Trading Securities) Trading is conducted on Monday to Friday (excluding public holidays) at the following times:

Morning Session:09:30 – 12:00
Afternoon Session:13:00 – 16:00

Extended Trading Securities Trading is conducted on Monday to Friday (excluding public holidays) at the following times:

Pre-opening Session:09:00 – 09:30
Extended Morning Session:12:00 – 13:00
Closing Auction Trading Session: 16:00 – 16:10

 

SCtrade.com is the online securities trading platform provided by South China Securities Ltd. SCtrade.com provides online trading facilities for securities listed on the Stock Exchange of Hong Kong (thru AMS3). It also provides financial information, such as real-time market quotes, financial news, and portfolio inquiry.

 

Internet Securities Margin Financing Services

South China Financial Holdings provides online Securities Margin Financing Services, allowing customers to flexibly employ funds to grasp investment opportunities at will.

Customers can take advantage of margin credit to participate in stocks trading without the need to deposit full amount, and therefore could result in a greater return *.

Example: Assume you have a cash balance of HKD 50,000 and would like to purchase stock XX, and stock XX's acceptable value (%) is 60%. Stock XX's current price is HKD 10.

  Cash Account Margin Financing Account
Amount Available for Purchase HKD 50,000 HKD 125,000

60% acceptable value means we provide stock XX with 60% credit amount. Clients are only required to deposit 40% margin – HKD 50,000, to purchase (HKD 50,000 / 1 – 0.6) worth of stock.

Purchasable # of shares 5,000 Shares
(HKD 50,000 / HKD 10)
12,500 Shares
(HKD 125,000 / HKD 10)

 

Attention: If you purchase stocks by cash account, you must repay the full amount within 2 days (T + 2) after trading day (T). Yet margin financing account does not require minimum repayment within a specific time frame if the margin value (MV) was below 100%.

Note: Acceptable Value is within 10% – 95% of stock's market value, for more inquiries please call our customer services hotline.

Free Margin Call Reminder Service
If the value of your investment portfolio drops, meaning the total loan amount (including unsettled position) is higher than the total acceptable value for marginable securities, we will notify you by text message through our trading platform or contact you by phone.

Margin Rate
Our Existing Margin Financing Rate is: Standard Chartered Bank's Prime Rate (P + 4%) **

* Risk of Securities Margin Service
The risk of loss in financing a transaction by deposit of collateral is significant. Due to the prices of securities fluctuate, sometimes dramatically, You may sustain losses in excess of your cash and any other assets deposited as collateral with us. Market conditions may make it impossible to execute contingent orders, such as "limit" orders so as to limit your losses. You may be called upon at short notice to make additional margin or interest payments. If the required margin or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. You should therefore carefully consider whether such a financing arrangement is suitable in light of your own financial position and investment objectives. It is likely that losses will be incurred rather than profits made as a result of buying and selling securities.

** The exiting Hong Kong Standard Chartered Bank's Prime Rate (P) is 5.25% p.a. Accordingly, the Margin Financing Rate is therefore 9.25% p.a. Please note that the "P" will be adjusted at any time due to market conditions and South China will not give prior notices.