Hong Kong

As an important banking and financial centre for the region, Hong Kong has been used by multinational companies as a regional base to manage their businesses in the Asia Pacific, particularly in the Chinese mainland.

Why Hong Kong?

Important banking and financial centre for the region
Used by multinational companies as a regional base to manage their businesses in the Asia Pacific, particularly in the Chinese mainland.

Basic Information

	Current	Effective 5 March 2012^#
Pre-opening Session	09:00 a.m. - 09:30 a.m.	09:00 a.m. - 09:30 a.m.
Morning Session	09:30 a.m. - 12:00 p.m.	09:30 a.m. - 12:00 p.m.
Market Break	12:00 p.m. - 01:30 p.m.	12:00 p.m. - 01:00 p.m.
Afternoon Session	01:30 p.m. - 04:00 p.m.	01:00 p.m. - 04:00 p.m.

Time Difference	GMT + 8
Currency	HKD
Trading Lots	Common Board Lot = 2,000 (Range from 10 to 100,000 shares)
Main Index	Hang Seng Index (HSI)
Settlement Period	T + 2 market days
Price Quotes*	Delayed 15 minutes
Use of CPF	No

^# Under HKEX trading rules:

a) Due to changes in HKEX trading hours effective 5 March 2012,

12.00pm to 12.30pm: Order cancellation is not allowed

12.30pm to 1.00pm: Order cancellation is allowed. The order status will be updated as "C" (i.e. cancelled) once you have successfully cancelled it.

If your cancelled order is shown as "PC" (Pending cancel), kindly call us at 1800 338 8688 or (65) 6536 2656 for further assistance.

The securities market will close at 4pm on full-day trading days, or at 12.00pm on half-day trading days(i.e. on the eves of Christmas, New Year and Lunar New Year). There will be no trading on public holidays and upon typhoon and black storm warnings.

* Price quotes on iOCBC are delayed basis.

The Electronic Trading Service is provided on an “as is”, “as available” basis only and subject to the Standard Trading Terms and Conditions.

Please refer to www.hkex.com.hk for more details.

Minimum Bid Size for trading on Hong Kong Market

Share Price (HK$)	Minimum Bid Size (HK$)
$0.01 to $0.25	$0.001
> $0.25 to $0.50	$0.005
> $0.50 to $10.00	$0.010
> $10.00 to $20.00	$0.020
> $20.00 to $100.00	$0.050
> $100.00 to $200.00	$0.100
> $200.00 to $500.00	$0.200
> $500.00 to $1,000.00	$0.500
> $1,000.00 to $2,000.00	$1.000
> $2,000.00 to $5,000.00	$2.000
> $5,000.00 to $9,995.00	$5.000

Note:

- Limit & At-Auction Limit Order will be rejected if the price entered is more than 24 spreads away from the Bid / Ask, or last traded price.

- Enhanced Limit Order & Special Limit Order will be rejected if the price entered is more than 5 spreads away from the Bid /Ask, or last traded price.

Commissions for trading in Hong Kong Market

(A) Commission Rate

Transacted Value	Online
Commission	0.25%
Minimum Commission	HK$150

Note:

For dealer assisted rate please consult your Trading Representatives.

Commission are subject to prevailing Singapore GST (if applicable).

In addition to commission payable, other fees include:

Transaction Levy	0.003% on Gross Amount (Rounded to the nearest cent)
Trading Fees	0.005% on Gross Amount (Rounded to the nearest cent)
Stamp Duty	0.100% on Gross Amount (Rounded up to the nearest dollar)
CCASS Fees	0.002% on Gross Amount (subject to minimum of HK$2 and maximum of HK$100) (Rounded to the nearest cent)

Note:

Do note that the exchange fees are subject to change by respective Exchanges from time to time without prior notice.

(B) Custodian Fees for Foreign Securities held with OCBC Securities.

The custodian fees for foreign securities are S$2.00 per counter per month. Click here for more details.

Note:

The custodian fees are subject to prevailing Singapore GST (if applicable).

2012 Securities Trading Holidays

Month	Date	Day	Remarks
January	2-Jan-12*	Monday	New Year's Day
January	23-Jan-12	Monday	Lunar New Year's Day
January	24-Jan-12	Tuesday	2nd Day of the Lunar New Year's Day
January	25-Jan-12	Wednesday	3rd Day of the Lunar New Year's Day
April	4-Apr-12	Wednesday	Ching Ming Festival
April	6-Apr-12	Friday	Good Friday
April	9-Apr-12	Monday	Easter Monday
May	1-May-12	Tuesday	Labour Day
July	2-Jul-12	Monday	The day following Hong Kong Special Administrative Region Establishment Day
October	1-Oct-12	Monday	The day following Chinese Mid-Autumn Festival
October	1-Oct-12	Monday	National Day
October	2-Oct-12	Tuesday	The day following National Day
October	23-Oct-12	Tuesday	Chung Yeung Festival
December	24-Dec-12**	Tuesday	Christmas Day Eve
December	25-Dec-12	Tuesday	Christmas Day
December	26-Dec-12	Wednesday	The second weekday after Christmas Day
December	31-Dec-12**	Monday	New Year Day Eve

Note:

* Dates may subject to change.

** Market closes at 12.00PM (HK Time)

- All dates given here are correct at the time of posting. Some Holidays may differ slightly and are subject to the local official announcement.

Additional Remarks

Clients are able to select their preferred order types available in Hong Kong Exchange. The preferred order types include:

1) Limit Order (LO)

2) Enhanced Limit Order (ELO)

3) Special Limit Order (SLO)

4) At-Auction Order (AO)

5) At-Auction Limit Order (ALO)

For more details please click here.

Want to know more?

Please refer to the following for more details or call us at 1800 338 8688.

a) Frequently Ask Questions : Direct Market Access to Hong Kong Exchange

b) Appendix 1 : Summary of Trading Sessions for Hong Kong Exchange

c) Appendix 2 : Explanatory Notes on Different Order Types

d) iOCBC User Guide : Hong Kong Exchange

DISCLAIMER

Trading in securities can be very risky, and the customer may lose all or more than the amount invested or deposited. This is particularly so when the customer needs to i) make his or her own trading decisions and ii) ensure each trade is specifically suitable for him or her – the only basis for any trading through or with OCBC Securities Private Limited (“OSPL”). The information provided herein is intended for general circulation/discussion purposes only and may not be published or circulated (in whole/in part) without our written consent. It does not take into account the specific investment objectives, financial situation or particular needs (collectively “Objectives”) of any particular person. Please seek advice from an independent financial adviser regarding the suitability of any trade or investment product taking into account your Objectives before making a commitment to trade or purchase the investment product. If you choose not to seek independent financial advice, please consider whether the trade or product in question is suitable for you. This does not constitute an offer/solicitation to buy/sell/subscribe for any investment products or to participate in any particular trading or investment strategy. Any proposed transaction is subject to the final expression of the terms in the definitive agreement/confirmation. No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statement, figures, opinion, view or estimate) provided herein is given by OSPL and it should not be relied upon as such. OSPL does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. All information presented is subject to change without notice. OSPL shall not be responsible or liable for any loss or damage whatsoever arising directly/indirectly howsoever in connection with or as a result of any person acting on any information provided herein.