Overview
Fairwin Securities Limited, with its Central Registration Number ABA943, is a participant of the Hong Kong Exchanges and Clearing Limited (Broker Number: 5310). Established in 1991 in Hong Kong, the company has been providing high-quality securities services to its clients over the years. Fairwin upholds the principle of “customer value first,” offering services that are both high-quality and cost-effective. In addition to traditional trading methods, Fairwin embraces modern trends by providing diverse and reliable online and mobile trading channels, ensuring that clients can invest conveniently and securely. With an experienced team in trading and customer service, Fairwin is dedicated to promptly addressing clients' needs. The company's success is closely tied to the success of its clients, and Fairwin welcomes clients to join hands in achieving their investment goals.
Regulation
Fairwin is subject to regulatory oversight by the Securities and Futures Commission (SFC). The SFC is the regulatory body responsible for overseeing and regulating the financial markets in Hong Kong. As a company operating within Hong Kong's financial sector, Fairwin is required to adhere to the rules and regulations set forth by the SFC to ensure transparency, fairness, and the protection of investors. Compliance with SFC regulations is essential for Fairwin to maintain its license and continue its operations in the region. Failure to do so could result in legal consequences and potential disruptions to its business activities.
Pros and Cons
Fairwin's services come with several advantages, including regulatory oversight by the SFC, a diverse range of investment instruments, and a transparent fee structure. Clients can access the Hong Kong Stock Market, participate in Stock Connect programs, and utilize structured products and derivatives. Fairwin also offers informational resources and customer support. However, clients should be aware of varying fees, complexity in fee structures, and the importance of compliance with SFC regulations, as non-compliance can lead to legal consequences. Stamp duty and other charges can accumulate, affecting overall costs.
Services
Fairwin offers a range of services related to the Hong Kong Stock Market and various investment instruments.
Fees
Fairwin's fee structure for securities and futures trading in Hong Kong is as follows:
Hong Kong Stock Market Commission Rates:
Online Trading and Electronic Applications: 0.07% commission with a minimum charge of HKD 50. Phone Orders: 0.25% commission with a minimum charge of HKD 100.
Hong Kong Stock Market Transaction Fees:
Central Clearing Fee: 0.10000% with a minimum charge of 1 Hong Kong dollar (rounded up to 1 HKD if less than 1 HKD). Securities and Futures Commission (SFC) Transaction Levy: 0.00270% (no minimum charge). Stamp Duty: 0.13% of the transaction amount, with a minimum charge of 1 HKD (rounded up to 1 HKD if less than 1 HKD).
Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect Commission Rates:
Online Trading and Electronic Applications: Brokerage fees vary (subject to negotiation for Shanghai-Hong Kong), with a minimum charge of RMB 50 for Shenzhen-Hong Kong. Phone Orders for Shenzhen-Hong Kong: 0.25000% commission with a minimum charge of RMB 100.
Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect Transaction Fees:
Stamp Duty (Collected by the State Taxation Administration): 0.1% (applies to sell transactions only). Handling Fee (Collected by the Shanghai and Shenzhen Stock Exchanges): 0.00%. Regulatory Fee (Collected by the China Securities Regulatory Commission): 0.00%.
Transfer Fee (Collected by Hong Kong and China Central Clearing): 0.00%.
Portfolio Fee (Collected by Hong Kong Exchanges and Clearing): 0.00800% (calculated based on daily portfolio value, billed monthly).
Other Fees:
Subscription Fees for New Stock Issues (via Central Clearing System): HKD 100 per subscription.
Telegraphic Transfer Charges: HKD 350 for English, HKD 500 for Chinese.
Local Cash Withdrawal Charges: HKD 200 for English, HKD 350 for Chinese.
Stop Cheque/Return Fee: HKD 100 per transaction.
Postal Statements (Daily/Monthly): HKD 20 per month (waived for existing customers).
Reissue of Confirmation/Statement: HKD 100 per document.
Custody Fees: Waived.
Stock Access Charges:
Physical Stock and Settlement Services:
Withdrawal of Physical Stock: HKD 5 per lot.
Deposit of Physical Stock: HKD 5 per stock/transfer form.
Settlement Instruction (SI)/Investor Central Clearing System Instruction (ISI) Fee: 0.025% of market value (minimum HKD 3, maximum HKD 100).
Compulsory Repurchase Fee: Related to fines and charges for purchases made by the clearing company.
Corporate Actions Charges (Hong Kong Stock Market):
Agent Fees and Corporate Actions Fees for various services, including transfer fees, dividend collection, rights and warrants subscription, and more.
Corporate Actions Charges (Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect):
Quote System Fees:
Please note that fees may vary based on specific transactions and services, and it's essential to verify the current fee structure with Fairwin or consult their official documentation for the most up-to-date information.
Customer Support
Fairwin offers customer support through various channels to assist clients with their inquiries and provide the latest brand information. You can reach their customer support team by calling the provided hotline at 852-25227007. Additionally, they maintain an official public WeChat account, where you can access the most up-to-date brand news and information. This multi-channel approach ensures that clients can easily get in touch with the company for assistance, whether through direct phone communication or by staying informed via their official WeChat platform. Fairwin prioritizes keeping its clients informed and well-supported in their investment endeavors.
Educational Resources
To learn more about how to invest in Hong Kong stocks through Fairwin, you can visit their website at http://www.fwbl.com.hk/news.asp？class_id=73. This webpage likely provides valuable information and resources regarding the process of investing in Hong Kong stocks, including details about account setup, trading strategies, and various services offered by Fairwin. Exploring this link should provide you with insights and guidance to get started with your Hong Kong stock investments through Fairwin.
Summary
Fairwin is a financial services provider regulated by the Securities and Futures Commission (SFC) in Hong Kong, ensuring compliance with financial market regulations. They offer a range of services related to the Hong Kong Stock Market, including stock trading, Stock Connect programs, structured investment products like Bull and Bear Certificates, and derivative instruments such as Warrants and Callable Bull/Bear Contracts. They also facilitate trading in the Hong Kong Futures Market and provide information on global futures contracts. Fairwin's fee structure is transparent, with various commission rates and transaction fees based on different services. They maintain robust customer support through phone lines and an official WeChat account, prioritizing client assistance and information dissemination. For educational resources, clients can visit their website for guidance on investing in Hong Kong stocks.
FAQs
Q: What is Fairwin's regulatory oversight？
A: Fairwin is regulated by the Securities and Futures Commission (SFC) in Hong Kong, ensuring compliance with financial market regulations.
Q: What services does Fairwin offer in the Hong Kong Stock Market？
A: Fairwin provides services related to stock trading, Stock Connect programs, structured investment products, derivative instruments, and more.
Q: How are Fairwin's fees structured for stock trading？
A: Fees vary, with commission rates ranging from 0.07% to 0.25%, along with transaction fees, stamp duty, and other charges depending on the service.
Q: How can I contact Fairwin's customer support？
A: You can reach Fairwin's customer support team by calling the hotline at 852-25227007 or through their official WeChat account.
Q: Where can I find educational resources on investing in Hong Kong stocks through Fairwin？
A: You can explore Fairwin's website at http://www.fwbl.com.hk/news.asp？class_id=73 for valuable information and guidance on the investment process.
2024-01-18 17:10
2023-12-27 18:27
