Stocks & Shares
Hong Kong (HKEX)
| POEMS Online/Mobile | Broker -assisted | |
| Total Asset Value | Cash Plus Account | All Accounts |
| SGD0 – SGD 29,999 | 0.08%, min HKD30* | 0.30%, min HKD150 |
| SGD30,000 – SGD 249,999 | 0.06%, min HKD20* | |
| SGD250,000 and above | 0.05%, min HKD15* | |
| Other foreign fees: | ||
| Stamp Duty | 0.13% (rounded up to the nearest dollar) with effect from 1 August 2021 | |
| CCASS fee | 0.002% (Minimum HKD2.00, Maximum HKD100) | |
| Transaction Levy | 0.0027% | |
| Trading fee | 0.005% | |
Note: All fees and charges are subject to Goods & Services Tax (GST). GST will also be applicable on related foreign fees such as stamp duty, exchange and trading fees from 1st October 2021. Fees & charges may be subject to changes without prior notice. Please click here for custodian charges. (effective 1 April 2022)
Italian financial transaction tax (“IFTT”) is applicable to buy trades on Hong Kong-listed Italian companies with market capitalization more than Euro 500 million. The applicable tax rate is either 0.1% or 0.2%, depending on the counter.
*Promotional details are available at https://www.poems.com.sg/cash-plus
| Order Placement (Board lots) | Via
1) POEMS 2.0 or 2) Your designated Trading Representative |
| Odd lot | Via your designated Trading Representative |
| Common order rejection messages | Your orders may be rejected due to the following reasons:
More information on HKEX Securities Market Operations More information on HKEX Trading Mechanism
|
| Trading lot | Not fixed | |
| Price Quote1 | 20 minutes
delayed. To access live price quote, click on the counter. Live price subscription available. |
|
| Exchange | HKEx | |
| Minimum bid size | Share price (HKD) | Minimum Bid Size (HKD) |
| 0.01 – 0.25 | 0.001 | |
| > 0.25 – 0.50 | 0.005 | |
| > 0.50 – 10.00 | 0.01 | |
| > 10.00 – 20.00 | 0.02 | |
| > 20.00 – 100.00 | 0.05 | |
| > 100.00 – 200.00 | 0.10 | |
| > 200.00 – 500.00 | 0.20 | |
| > 500.00 – 1,000.00 | 0.50 | |
| > 1,000.00 – 2,000.00 | 1.00 | |
| > 2,000.00 – 5,000.00 | 2.00 | |
| > 5,000.00 – 9,995.00 | 5.00 | |
The Volatility Control Mechanism (VCM) will be implemented by HKEx on 22 August 2016. Please click here to find out more.
| Singapore/Hong Kong
Time (Mon – Fri) |
Pre opening | 09:00am – 09:30am |
| Morning Session | 09:30am – 12:00pm | |
| Closing Auction Session (ONLY During Half Day Trading*) | 12.00pm – 12.10pm | |
| Afternoon Session | 01:00pm – 04:00pm | |
| Closing Auction Session (For Full Day Trading) | 04.00pm – 04.10pm |
Note: To participate in pre-opening, orders have to be entered and received before 9:15 am.
Pre-opening orders will be matched at 9.20am.
Effective 25th July 2016 for Phase 1
| Full Day Trading | Half Day Trading* | |
| Reference Price Fixing Period | 04.00pm – 04.01pm | 12.00pm – 12.01pm |
| Order Input Period | 04.01pm – 04.06pm | 12.01pm – 12.06pm |
| No Cancellation Period | 04.06pm – 04.08pm | 12.06pm – 12.08pm |
| Random Closing Period | 04.08pm – 04.10pm | 12.08pm – 12.10pm |
*Eves of Christmas, New Year and Lunar New Year
With effect from 8 October 2019, the list of securities covered by
CAS expands to include all equities (including depositary receipts,
investment companies, preference shares and stapled securities), as
well as funds (including exchange traded funds (ETFs) and real
estate investment trusts). For the list of CAS securities,
please refer to the “CAS Eligible” indicator
under the Full List of
Securities available on HKEX website.
2021
| Month | Day | Date | Holidays | Settlement | Trading Day |
| January | Friday | 01 January | New Year’s Day | No | No |
| February | Thursday | 11 January | Lunar New Year’s Eve | No | Partial |
| Friday | 12 January | Lunar New Year | No | No | |
| Monday | 15 January | Lunar New Year | No | No | |
| April | Friday | 2 April | Good Friday | No | No |
| Monday | 5 April | Easter Monday | No | No | |
| Tuesday | 6 April | Buddha’s Birthday | No | No | |
| May | Wednesday | 19 May | Buddha's Birthday | No | No |
| June | Monday | 14 June | Tuen Ng Festival | No | No |
| July | Thursday | 01 July | Sar Establishment Day | No | No |
| September | Wednesday | 22 September | Day After Mid-Autumn Fest | No | No |
|
October |
Friday | 01 October | National Day (obs) | No | No |
| Thursday | 14 October | Chung Yeung Festival | No | No | |
| December | Friday | 24 December | Christmas Eve Obs-halfday | No | Partial |
| Monday | 27 December | Christmas Holiday Obs | No | No | |
| Friday | 31 December | New Year's Eve-early Close | No | Partial |
Note: Information is correct at time of posting
| HK | |
| Scrip Charge | S$1 per Transfer Form (Each Transfer Form can only hold up to 5 certificates) |
| Courier Fees (<20 certificates) | S$21 |
| Courier Fees (>20 certificates) | S$1.05 per certificate |
| PSPL Handling Fees | S$10.70 (inclusive of GST) |
Rates may change from time to time at the discretion of Phillip Securities Pte Ltd.
There are other miscellaneous fees for physical scrips deposition. For more details, please send in your enquiry to talktoglobalmarkets@phillip.com.sg
You can pay by any of the following payment methods:
- Cheque, payable to “PHILLIP SECURITIES PTE LTD“
- EPS (notify your assigned Trading Representative)
- Debit from clients’ trading accounts if there are sufficient funds in their Phillip Financial, Cash Management or Investment account (clients must indicate their instructions in the “Remarks” column).
Note: We will not initiate share transfer before receiving payment from clients.
