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Electronic trading system, provides HK Futures, Index Options & Global Futures trading service.
 


Online trading system, provides HK Stocks, US Stocks, Taiwan Stocks, China B-shares & Mutual Fund trading service.    Trading Demo
 


Mobile trading system, provides
HK Stock trading service.
 
   


Electronic trading system, provides HK Stock Option trading service.
 


Electronic trading system, provides HK Stock trading service and streaming quotes.
 


24 hour hotline, place the order by phone.
 
 
FundSMART
Benefits
Fund Houses
Commission & Charges
Fund Focus
Fund Search Engine
Glossary
Bond
Capital Investment Entrant Scheme
HK Stocks Savings Plan
Introduction
Subscription
Payment
Operation
Termination
Financial Planning Service
Investor Education
Introduction to Bonds
Futures and Options
Equity Linked Note
Options Strategies
Warrants
Understand ETF
InvestEd (SFC Investor Education Portal)
Risk Disclosure
 

Introduction

The HK Stocks Savings Plan* offered by KGI Asia Limited gives you peace of mind as you accumulate stocks, without having to worry about market volatility and timing your investments.

Key Benefits

Regular Savings Approach

Ideal for those who want to invest, but keep putting it off. Because it works like a regular savings plan, you are more likely to keep your investment plan "on track".

Simplicity

You don't have to follow the ups and downs of the market. Once you have decided on your monthly investment savings amount, you can forget it and let autopay do it for you.

Affordability

You don't have to buy in board lot, you can invest as little as HKD 1,000 per month for each selected stock.

Dollar Cost Averaging

By regularly investing as little as HKD 1,000 each month for a stock, you can buy more when the market is down and less when the market is up, and you will acquire shares at different prices. As a result, the average cost per share of your investments will be lower in the long run.

Table (1): How the Plan Works: (for illustration purpose only)
Month Monthly Contribution (HKD) Investment after Transaction Fee (HKD) Share Price (HKD) Number of Shares
January $1,000 950 16.40 57
February 1,000 950 7.55 125
March 1,000 950 8.50 111
April 1,000 950 11.50 82
May 1,000 950 13.60 69
June 1,000 950 14.95 63
Total $6,000 5,700 (Average Cost) 12.08
(Average Cost per Share) 11.24
507

Table (1) highlights how monthly movements in securities prices can have a significant effect on the size of your portfolio. In the above example, you contribute HKD1,000 each month for a stock and purchase 507 shares of the stock over six months at an average share cost of HKD11.24. Dollar cost averaging therefore enables you to buy shares close to their average price over the period. Average cost per share is calculated by dividing the total "Investment after Transaction Fee" by the total "Number of Shares".

Easy-to-operate

You can always access your investment portfolio through our website or 24-hour InvestLine. Also, you will receive relevant daily and monthly statements. You may choose to receive electronic daily statements at your designated e-mail address.

Flexible Investment

You are able to sell the stock(s)/unit(s) (including odd lots) purchased from this Savings Plan to the market at any time. From time to time, you may also amend your monthly contributions and your choice of selected stock(s).

Details of HK Stocks Savings Plan

Minimum Monthly Contribution HKD 1,000 or above in multiples of HKD 500 per month for each selected stock.
Monthly Transaction Fee 0.25% on monthly contribution or HKD50 for each selected stock, whichever is higher, inclusive of any stamp duty, transaction levy, trading fee and CCASS fee.
Units Purchase The monthly contribution minus transaction fee will be invested into the relevant stock1 selected by you based on the relevant Purchase Price2 on the Fixing Date3.
Payment Method By autopay4 through your bank account.
Payment Date5 Payment for the monthly contributions must be received by KGI on the 8th of each month or the next working day (i.e. a day other than Saturday, Sunday or Public Holiday) if such day is a non-working day.

Remarks:

  1. The number of shares of the selected stock(s) to be allocated to your Trading Account with KGI will be rounded down to the nearest whole number of shares.
  2. The purchase price of a particular stock acquired for you will be determined by its closing price on the relevant Fixing Date based on the information provided by Hong Kong Exchanges and Clearing Limited on their website www.hkex.com.hk under "Daily Quotations" or, if such information is unavailable, determined by KGI in a fair and reasonable manner.
  3. The third trading day of The Stock Exchange of Hong Kong Limited ("HKSE") after the Payment Date.
  4. You have to submit the Direct Debit Authorization Form. If you have any existing autopay arrangement with KGI, you must use the same bank account previously designated. For the first and second monthly contributions, you have to make such payment by a crossed cheque drawn by you in favor of "KGI Asia Limited" for the total amount. Thereafter, payments will be debited automatically from your bank account on each Payment Date.
  5. KGI reserves the right from time to time to specify any other date as the Payment Date.

Risk Disclosure Statements & other Provisions

  1. The prices of securities fluctuate, sometimes dramatically. The price of a securities may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities.
  2. The HK Stocks Savings Plan (the "Plan") does not assure a profit, nor does it protect against loss in declining markets, or against a loss if you withdraw from the Plan when the value of your shares is less than the cost of the shares you purchased.
  3. KGI reserves the right but not the obligation to acquire for itself or on behalf of any of its affiliates any odd lot(s) of any stock in your Trading Account from time to time. The selling price of the odd lot(s) shall be determined solely by KGI.
  4. KGI is not acting as your investment adviser and where necessary, you shall seek your own independent professional advice before making any investment decision.
  5. Your monthly contributions for each selected stock and/or your choice of stock(s) may be amended any time by written notice to KGI. If you wish to increase your monthly contributions, you are required to submit a revised Direct Debit Authorization Form. Any changes on Direct Debit Authorization Form require about 45 working days to process.
  6. Termination
    • Either KGI or you may terminate the Plan or the use of the Plan (as the case may be) at any time on the giving of not less than one (1) month's prior written notice to the other;
    • KGI may terminate the Plan forthwith at any time without notice to you if you fail to pay your monthly contribution on any Payment Date; and
    • Any termination shall not affect the respective rights and obligations of you and KGI accrued prior to such termination.
  7. You accept that KGI may deliver documents and contract notes to you in electronic form to your e-mail address.
  8. If KGI does not receive your monthly contribution(s) in full or at all by the Payment Date for any reason, KGI shall have the discretion not to execute any purchase order for you or to execute such order in any manner as KGI may think fit.
  9. If trading in your selected stock is suspended on the HKSE on any Fixing Date, the relevant amount of monthly contribution(s) received will be applied to invest in the stock as soon as reasonably practicable once the suspension has been lifted. In that case, the purchase price of the stock acquired for you will be determined by its closing price on the date of such acquisition or, if such information is unavailable, determined by KGI in a fair and reasonable manner.
  10. KGI reserves the right to reject or cancel your purchase order either in whole or in part without any prior notice or assigning any reason therefore.

The List* of Hong Kong Stocks for HK Stocks Savings Plan

Stock Code Stock Name Stock Code Stock Name
00001 CHEUNG KONG (HOLDINGS) 00823 LINK REIT
00002 CLP HOLDINGS 00857 PETRO CHINA COMPANY LTD
00003 HK & CHINA GAS 00883 CNOOC
00004 THE WHARF (HOLDINGS) 00902 HUANENG POWER
00005 HSBC HOLDING 00939 CCB
00006 POWER ASSETS 00941 CHINA MOBILE
00008 PCCW 00992 LENOVO GROUP
00011 HANG SENG BANK 01038 CKI HOLDINGS
00012 HENDERSON LAND 01171 YANZHOU COAL
00013 HUTCHISON 01299 AIA
00016 SHK PPT 01398 ICBC
00017 NEW WORLD DEV 02318 PING AN
00019 SWIRE PACIFIC A 02388 BOC Hong Kong
00023 BANK OF EAST ASIA 02628 CHINA LIFE
00066 MTR CORPORATION 02800 TRACKER FUND OF HONG KONG
00083 SINO LAND 02822 CSOP A50 ETF
00101 HANG LUNG PPT 02823 X ISHARES A50
00151 WANT WANT CHINA 02827 X WISECSI300 ETF
00267 CITIC PACIFIC 02828 HS H-SHARE ETF
00293 CATHAY PACIFIC AIRWAYS 02833 HS HSI ETF
00330 ESPRIT HOLDINGS 02840 SPDR GOLD TRUST
00386 SINOPEC CORP 02888 STANCHART
00388 HK EXCHANGES & CLEARING 03188 CAM CSI300
00494 LI & FUNG 03328 BANK COMM
00688 CHINA OVERSEAS 03968 CM BANK
00700 TENCENT 03988 BANK OF CHINA
00762 CHINA UNICOM

*The above list is subject to change from time to time without prior notice.