Trading Commission
| Investment Channel | Commission | |
|---|---|---|
| Orders placed via Internet ** | 0.25% on transaction amount | |
| Orders placed via Phone ** | 0.25% on transaction amount (Minimum: $150 of per order) (Negotiable for accounts followed up by designated account executive) | |
| VWAP & TWAP (via Internet) ** | 0.05% on transaction amount (Minimum: $150 of per order) | |
| VWAP & TWAP (via Phone) ** | 0.25% on transaction amount (Minimum: $150 of per order) |
IPO Application Fee
| Items | Description of Fees |
|---|---|
| Placing Subscription ** | 300 |
| eIPO Subscription ** | 10 |
| IPO Financing Handling Fee ** | 50 |
Transaction Fees (Hong Kong Shares)
| Items | Charged by | Description of Fees |
|---|---|---|
| Stamp Duty | HK Government | 0.1% on order consideration (Round up to the nearest dollar) |
| Trading Fee | HKEx | 0.005% on order consideration |
| Transaction Levy | SFC | 0.0027% on order consideration |
| Settlement Fee | HKEx and Zundiao *** | 0.002% on consideration *** (Minimum: HKD 2) |
| Trading Tariff | HKEx | HK$ 0.5 per transaction |
| TSF Settlement Fee | Zundiao | HKD $ 0 per transaction (Negotiable for accounts followed up by designated account executive) |
| Inter-counter Transfer Fee | HKEx | HK$ 5 per transaction |
| FRC Transaction Levy | FRC (Financial Reporting Council) | 0.00015% on order consideration |
Shares Deposit & Withdrawal Fees
| Items | Charged by | Description of Fees |
|---|---|---|
| Custody Fee | Zundiao | Free |
| Physical Scrip Deposit | HK Government | HKD 5 stamp duty per transfer deed |
| Physical Scrip Withdrawal | Zundiao | HKD 5 per transfer deed (Minimum: HKD 30) |
| Zundiao | HKD 1.5 per board lot (Round up to the nearest board lot) | |
| HKEx | HKD 3.5 per board lot (Round up to the nearest board lot) | |
| S.I. Securities Deposit | Zundiao | Free |
| S.I. Securities Withdrawal | Zundiao | 0.20% on transaction amount or Negotiable USD30- Per Stock (Overseas Stocks) |
| HKEx | Input fee HKD 1 per instruction | |
| I.S.I. Securities Deposit | Zundiao Securities | Free |
| I.S.I. Securities Withdrawal | Zundiao | 0.20% on transaction amount or Negotiable |
| HKEx | Input fee HKD 1 per instruction | |
| DTDC Transfer of Shares | Zundiao | HKD 50 per transfer instruction |
| HKEx | HKD 5 per transfer instruction |
Fund Deposit & Withdrawal Fees
| Items | Description of Fees |
|---|---|
| Fund Deposit | Free |
| Fund Withdrawal | Free |
| Bank Remittance | HKD 100 |
| Returned Cheque | HKD 180 per cheque plus bank charge |
| Stop Cheque | HKD 180 per cheque plus bank charge |
Securities / Contract Expiration Fees
| Items | Charged by | Description of Fees |
|---|---|---|
| CBBC Mandatory Call / Expiry | Zundiao | No cash value: Free |
| With cash value: HKD 5 per transaction | ||
| HKEx | No cash value: Free | |
| With cash value: HKD 0.8 per board lot |
Exercise Fees for Warrants
| Items | Charged by | Description of Fees |
|---|---|---|
| Exercise of in-the-money Derivative Warrant | Zundiao | HKD 5 per transaction |
| HKEx | HKD 0.8 per board lot | |
| Exercise of Equity Warrant | Zundiao | HKD 1 per board lot (Minimum: HKD 5) |
| HKEx | HKD 0.8 per board lot |
Distribution Fees
| Items | Charged by | Description of Fees |
|---|---|---|
| Scrip Fee | HKEx | HKD 1.5 per board lot (Round up to the nearest board lot) |
| Collection of Dividend or Cash Distribution on behalf ** | Zundiao | 0.5% of cash amount of dividend (Minimum: $20) |
| HKEx | 0.12% of total dividend amount | |
| Collection of Scrip Dividend (including Bonus Share, Warrant and Rights Issue) on behalf | Zundiao | HKD 5 per board lot (Minimum: HKD 20) |
| Unclaimed Dividend or Other Entitlements | Zundiao | HKD 230 per transaction |
| HKEx | HKD 200 per transaction |
Corporate Action Fees
| Items | Charged by | Description of Fees |
|---|---|---|
| Preferential Subscription including Rights Subscription and Preferential Offer ('PO') | Zundiao | HKD 1 per board lot (Minimum: HKD 5) |
| HKEx | HKD 0.8 per board lot (Minimum: HKD 20) | |
| Customers who apply for the PO should pay the related commission, transaction levy and settlement fee. | ||
| Share Consolidation / Subdivision | Zundiao | HKD 5 per board lot (Minimum: HKD 20) |
| Acquisition / Privatization | Zundiao | HKD 5 per board lot (Minimum: HKD 20) |
| HK Government | Stamp Duty 0.1% on stock value (Round up to the nearest dollar) | |
| Reverse Consolidation / Subdivision | Zundiao | HKD 30 per transaction |
Statement Service Fee
| Items | Description of Fees |
|---|---|
| e-Statement | Free |
| Paper Statement | HKD 50 per statement plus postage fee |
| Re-issue of e-Statement | Within 3 month: Free, Beyond 3 month: HKD 50 per statement plus postage fee |
| Re-issue of Paper Statement | HKD 50 per statement plus postage fee |
Quotation Charges
| Items | Charged by | Description of Fees |
|---|---|---|
| A. Real-time Basic Quote | Zundiao | Free |
| B. Market Depth Snap Shot **** (Can browse broker list and depth of price) | Zundiao | HKD 20 per 100 times |
| Zundiao | HKD 30 per 200 times | |
| Zundiao | HKD 70 per 500 times | |
| C. Streaming ***** | Zundiao | HKD 388 per month |
Other Charges
| Items | Charged by | Description of Fees |
|---|---|---|
| Short Selling (Compulsory Buy Back) | Zundiao | 0.5% on securities value on settlement day |
| HKEx | 0.5% on securities value on settlement day | |
| Audit Confirmation | Zundiao | HKD 300 per document per time |
| Cash Account Overdue InterestCash Account Overdue Interest | Zundiao | P + 7% per annum (for HK$), 12% per annum (for other currencies) |
* The above commissions and service charges are for reference only. Zundiao reserves the rights to adjust without prior notice.
** Fees are charged on the basis of settlement currency.
*** Zundiao and HKEX will collect 0.001% on consideration respectively for crossed trade.
**** Market depth snap shot quotation has no time limit, while quote lasts.
***** Monthly fee is calculated from the first day of each month and the last day of each month. Less than one month is counted as one month.