Introduction
Interest rate and the interest calculation in Grade-Based Margin financing is based on the stock ranking. There are 3 layers of outstanding based on stock quality and margin value* in Grade-Based Margin financing.
Higher proportion of blue chips in securities portfolio , lower interest rate it is. It is as low as 2.75% ! The calculation of interest rate is as follows:
Footnote 1: The above grade-based interest rate will be based on the effective rate which is subject to the latest Hong Kong Dollar Prime (P) rate of Standard Chartered Bank.
Footnote 2::The flat interest rate for non grade-based margin account is P(HKD Prime rate of Standard Chartered Bank) + 3%。
*The margin ratio of stock is for reference only, which is subjected to change as determined by both the market and specific company factor. The company deserves the right to provide a different ratio to client based on his account situation.
Clients must submit supporting documentation to the Company to confirm that the depository payment is from his/her own bank account. Acceptable documentation include, but is not limited to, bank statements, cheque images, and online banking screenshots. The deposit will be credited to the Client account on the day that supporting documentation is provided. Until the supporting documentation is submitted, the deposit will not be treated as “credited”. The daily cut-off time for collecting the supporting documentation is 4:00 p.m., any supporting documentation received after 4:00 p.m. will be deemed to be received on next working day. Clients will be liable for any relevant interest, commission, fines and other charges incurred as a result of not being ”credited”.
代號 Stock Code |
市場 Market |
名稱 Stock Name |
股票按揭比率 Margin Ratio |
港元年利率 Interest Rate p.a. |
首5萬港幣貸款金額 |
餘下港幣貸款金額 |
1 |
香港 HK |
長和 / CKH HOLDINGS |
0.80 |
P - 2.5% |
P - 0.5% |
2 |
香港 HK |
中電控股 / CLP HOLDINGS |
0.85 |
P - 2.5% |
P - 0.5% |
3 |
香港 HK |
香港中華煤氣 / HK and China Gas |
0.85 |
P - 2.5% |
P - 0.5% |
4 |
香港 HK |
九龍倉集團/ WHARF HOLDINGS |
0.70 |
P - 2.5% |
P - 0.5% |
5 |
香港 HK |
滙豐控股 / HSBC HOLDING |
0.80 |
P - 2.5% |
P - 0.5% |
6 |
香港 HK |
電能實業 / POWER ASSETS |
0.85 |
P - 2.5% |
P - 0.5% |
11 |
香港 HK |
恒生銀行 / HANG SENG BANK |
0.85 |
P - 2.5% |
P - 0.5% |
12 |
香港 HK |
恒基地產 / HENDERSON LAND |
0.80 |
P - 2.5% |
P - 0.5% |
16 |
香港 HK |
新鴻基地產 / SHK PPT |
0.80 |
P - 2.5% |
P - 0.5% |
17 |
香港 HK |
新世界發展 / NEW WORLD DEV |
0.80 |
P - 2.5% |
P - 0.5% |
19 |
香港 HK |
太古股份公司A/ SWIRE PACIFIC A |
0.80 |
P - 2.5% |
P - 0.5% |
23 |
香港 HK |
東亞銀行/BANK OF EAST ASIA |
0.70 |
P - 2.5% |
P - 0.5% |
27 |
香港 HK |
銀河娛樂 / GALAXY ENT |
0.80 |
P - 2.5% |
P - 0.5% |
66 |
香港 HK |
港鐵公司 / MTR CORPORATION |
0.85 |
P - 2.5% |
P - 0.5% |
83 |
香港 HK |
信和置業 / SINO LAND |
0.80 |
P - 2.5% |
P - 0.5% |
101 |
香港 HK |
恒隆地產 / HANG LUNG PPT |
0.80 |
P - 2.5% |
P - 0.5% |
135 |
香港 HK |
昆侖能源 |
0.70 |
P - 2.5% |
P - 0.5% |
144 |
香港 HK |
招商局港口 |
0.80 |
P - 2.5% |
P - 0.5% |
151 |
香港 HK |
中國旺旺 / WANT WANT CH |
0.80 |
P - 2.5% |
P - 0.5% |
152 |
香港 HK |
深圳國際 |
0.60 |
P - 2.5% |
P - 0.5% |
165 |
香港 HK |
中國光大控股 |
0.70 |
P - 2.5% |
P - 0.5% |
175 |
香港 HK |
吉利汽車 / GEELY AUTO |
0.70 |
P - 2.5% |
P - 0.5% |
241 |
香港 HK |
阿里健康 |
0.50 |
P - 2.5% |
P - 0.5% |
257 |
香港 HK |
中國光大國際 |
0.70 |
P - 2.5% |
P - 0.5% |
267 |
香港 HK |
中信股份 / CITIC |
0.80 |
P - 2.5% |
P - 0.5% |
270 |
香港 HK |
粵海投資 / GUANGDONG INV |
0.80 |
P - 2.5% |
P - 0.5% |
288 |
香港 HK |
萬洲國際 / WH GROUP |
0.70 |
P - 2.5% |
P - 0.5% |
291 |
香港 HK |
華潤啤酒 |
0.70 |
P - 2.5% |
P - 0.5% |
322 |
香港 HK |
康師傅控股 |
0.70 |
P - 2.5% |
P - 0.5% |
345 |
香港 HK |
VITASOY INT'L |
0.60 |
P - 2.5% |
P - 0.5% |
371 |
香港 HK |
北控水務集團 |
0.70 |
P - 2.5% |
P - 0.5% |
384 |
香港 HK |
中國燃氣 / CHINA GAS HOLD |
0.70 |
P - 2.5% |
P - 0.5% |
386 |
香港 HK |
中國石油化工股份 / SINOPEC CORP |
0.80 |
P - 2.5% |
P - 0.5% |
388 |
香港 HK |
香港交易所 / HKEX |
0.80 |
P - 2.5% |
P - 0.5% |
392 |
香港 HK |
北京控股 |
0.80 |
P - 2.5% |
P - 0.5% |
425 |
香港 HK |
敏實集團 |
0.40 |
P - 2.5% |
P - 0.5% |
489 |
香港 HK |
東風集團股份 / DONGFENG GROUP |
0.60 |
P - 2.5% |
P - 0.5% |
586 |
香港 HK |
海螺創業/ CONCH VENTURE |
0.60 |
P - 2.5% |
P - 0.5% |
656 |
香港 HK |
復星國際 |
0.70 |
P - 2.5% |
P - 0.5% |
669 |
香港 HK |
創科實業 / TECHTRONIC IND |
0.80 |
P - 2.5% |
P - 0.5% |
683 |
香港 HK |
嘉里建設 |
0.70 |
P - 2.5% |
P - 0.5% |
688 |
香港 HK |
中國海外發展 / CHINA OVERSEAS |
0.80 |
P - 2.5% |
P - 0.5% |
700 |
香港 HK |
騰訊控股 / TENCENT |
0.80 |
P - 2.5% |
P - 0.5% |
728 |
香港 HK |
中國電信 / CHINA TELECOM |
0.80 |
P - 2.5% |
P - 0.5% |
762 |
香港 HK |
中國聯通 / CHINA UNICOM |
0.80 |
P - 2.5% |
P - 0.5% |
772 |
香港 HK |
閱文集團 |
0.50 |
P - 2.5% |
P - 0.5% |
788 |
香港 HK |
中國鐵塔 / CHINA TOWER |
0.70 |
P - 2.5% |
P - 0.5% |
813 |
香港 HK |
世茂房地產/ / SHIMA PROPERTY |
0.50 |
P - 2.5% |
P - 0.5% |
817 |
香港 HK |
中國金茂 |
0.30 |
P - 2.5% |
P - 0.5% |
823 |
香港 HK |
領展房產基金 / LINK REIT |
0.80 |
P - 2.5% |
P - 0.5% |
836 |
香港 HK |
華潤電力 |
0.70 |
P - 2.5% |
P - 0.5% |
857 |
香港 HK |
中國石油股份 / PETROCHINA |
0.80 |
P - 2.5% |
P - 0.5% |
868 |
香港 HK |
信義玻璃 |
0.50 |
P - 2.5% |
P - 0.5% |
880 |
香港 HK |
澳博控股 |
0.70 |
P - 2.5% |
P - 0.5% |
881 |
香港 HK |
中升控股 / ZHONGSHENG GROUP HOLDINGS |
0.30 |
P - 2.5% |
P - 0.5% |
883 |
香港 HK |
中國海洋石油 / CNOOC |
0.80 |
P - 2.5% |
P - 0.5% |
884 |
香港 HK |
旭輝控股集團 |
0.30 |
P - 2.5% |
P - 0.5% |
914 |
香港 HK |
海螺水泥 / CONCH CEMENT |
0.60 |
P - 2.5% |
P - 0.5% |
939 |
香港 HK |
建設銀行 / CCB |
0.80 |
P - 2.5% |
P - 0.5% |
941 |
香港 HK |
中國移動 / CHINA MOBILE |
0.80 |
P - 2.5% |
P - 0.5% |
960 |
香港 HK |
龍湖集團 |
0.40 |
P - 2.5% |
P - 0.5% |
966 |
香港 HK |
中國太平 |
0.70 |
P - 2.5% |
P - 0.5% |
968 |
香港 HK |
信義光能 |
0.50 |
P - 2.5% |
P - 0.5% |
981 |
香港 HK |
中芯國際 |
0.30 |
P - 2.5% |
P - 0.5% |
992 |
香港 HK |
聯想集團 |
0.70 |
P - 2.5% |
P - 0.5% |
998 |
香港 HK |
中信銀行 / CITIC BANK |
0.70 |
P - 2.5% |
P - 0.5% |
1024 |
香港 HK |
快手科技-W /Kuaishou-W |
0.70 |
P - 2.5% |
P - 0.5% |
1038 |
香港 HK |
長江基建集團 / CKI HOLDINGS |
0.80 |
P - 2.5% |
P - 0.5% |
1044 |
香港 HK |
恒安國際 / HENGAN INT'L |
0.80 |
P - 2.5% |
P - 0.5% |
1066 |
香港 HK |
威高股份 |
0.50 |
P - 2.5% |
P - 0.5% |
1088 |
香港 HK |
中國神華 / CHINA SHENHUA |
0.80 |
P - 2.5% |
P - 0.5% |
1093 |
香港 HK |
石藥集團 / CSPC PHARMA |
0.60 |
P - 2.5% |
P - 0.5% |
1099 |
香港 HK |
國藥控股 / SINOPHARM |
0.65 |
P - 2.5% |
P - 0.5% |
1109 |
香港 HK |
華潤置地 / CHINA RES LAND |
0.80 |
P - 2.5% |
P - 0.5% |
1113 |
香港 HK |
長實集團 / CK ASSET |
0.80 |
P - 2.5% |
P - 0.5% |
1128 |
香港 HK |
永利澳門 |
0.70 |
P - 2.5% |
P - 0.5% |
1169 |
香港 HK |
海爾電器 |
0.60 |
P - 2.5% |
P - 0.5% |
1177 |
香港 HK |
中國生物製藥 / SINO BIOPHARM |
0.60 |
P - 2.5% |
P - 0.5% |
1193 |
香港 HK |
華潤燃氣 / CHINA RES GAS |
0.60 |
P - 2.5% |
P - 0.5% |
1211 |
香港 HK |
比亞迪股份 / BYD COMPANY |
0.60 |
P - 2.5% |
P - 0.5% |
1288 |
香港 HK |
農業銀行 / ABC |
0.80 |
P - 2.5% |
P - 0.5% |
1299 |
香港 HK |
友邦保險 / AIA |
0.80 |
P - 2.5% |
P - 0.5% |
1313 |
香港 HK |
華潤水泥控股 |
0.60 |
P - 2.5% |
P - 0.5% |
1336 |
香港 HK |
新華保險 |
0.65 |
P - 2.5% |
P - 0.5% |
1339 |
香港 HK |
中國人民保險集團 |
0.70 |
P - 2.5% |
P - 0.5% |
1398 |
香港 HK |
工商銀行 / ICBC |
0.80 |
P - 2.5% |
P - 0.5% |
1530 |
香港 HK |
三生製藥 |
0.50 |
P - 2.5% |
P - 0.5% |
1579 |
香港 HK |
頤海國際 |
0.30 |
P - 2.5% |
P - 0.5% |
1658 |
香港 HK |
郵儲銀行 / PSBC |
0.70 |
P - 2.5% |
P - 0.5% |
1800 |
香港 HK |
中國交通建設 / CHINA COMM CONS |
0.70 |
P - 2.5% |
P - 0.5% |
1801 |
香港 HK |
信達生物/ INNOVNET BIO |
0.40 |
P - 2.5% |
P - 0.5% |
1810 |
香港 HK |
小米集團-W / XIAO MI-W |
0.80 |
P - 2.5% |
P - 0.5% |
1833 |
香港 HK |
平安好醫生 |
0.50 |
P - 2.5% |
P - 0.5% |
1876 |
香港 HK |
百威亞太 |
0.70 |
P - 2.5% |
P - 0.5% |
1913 |
香港 HK |
普拉達 |
0.50 |
P - 2.5% |
P - 0.5% |
1918 |
香港 HK |
融創中國 |
0.20 |
P - 2.5% |
P - 0.5% |
1928 |
香港 HK |
金沙中國有限公司 / SANDS CHINA LTD |
0.80 |
P - 2.5% |
P - 0.5% |
1929 |
香港 HK |
周大福 |
0.70 |
P - 2.5% |
P - 0.5% |
1972 |
香港 HK |
太古地產 |
0.70 |
P - 2.5% |
P - 0.5% |
1988 |
香港 HK |
民生銀行 / MINSHENG BANK |
0.50 |
P - 2.5% |
P - 0.5% |
1997 |
香港 HK |
九龍倉置業 / WHARF REIC |
0.80 |
P - 2.5% |
P - 0.5% |
2007 |
香港 HK |
碧桂園 / COUNTRY GARDEN |
0.30 |
P - 2.5% |
P - 0.5% |
2018 |
香港 HK |
瑞聲科技 / AAC TECH |
0.50 |
P - 2.5% |
P - 0.5% |
2020 |
香港 HK |
安踏體育 |
0.50 |
P - 2.5% |
P - 0.5% |
2238 |
香港 HK |
廣汽集團 / GAC GROUP |
0.60 |
P - 2.5% |
P - 0.5% |
2057 |
香港 HK |
中通快遞-SW / ZTO Express-SW |
0.50 |
P - 2.5% |
P - 0.5% |
2269 |
香港 HK |
藥明生物 |
0.60 |
P - 2.5% |
P - 0.5% |
2282 |
香港 HK |
美高梅中國 |
0.70 |
P - 2.5% |
P - 0.5% |
2313 |
香港 HK |
申洲國際 / SHENZHOU INT |
0.60 |
P - 2.5% |
P - 0.5% |
2318 |
香港 HK |
中國平安 / SHENZHOU INTL |
0.80 |
P - 2.5% |
P - 0.5% |
2319 |
香港 HK |
蒙牛乳業 / MENGNIU DAIRY |
0.80 |
P - 2.5% |
P - 0.5% |
2328 |
香港 HK |
中國財險 / PICC P&C |
0.65 |
P - 2.5% |
P - 0.5% |
2331 |
香港 HK |
李寧 |
0.50 |
P - 2.5% |
P - 0.5% |
2382 |
香港 HK |
舜宇光學科技 / SUNNY OPTICAL |
0.60 |
P - 2.5% |
P - 0.5% |
2388 |
香港 HK |
中銀香港 / BOC HONG KONG |
0.80 |
P - 2.5% |
P - 0.5% |
2601 |
香港 HK |
中國太保 / CPIC |
0.70 |
P - 2.5% |
P - 0.5% |
2628 |
香港 HK |
中國人壽 / CHINA LIFE |
0.80 |
P - 2.5% |
P - 0.5% |
2638 |
香港 HK |
港燈-SS |
0.80 |
P - 2.5% |
P - 0.5% |
2688 |
香港 HK |
新奧能源 |
0.70 |
P - 2.5% |
P - 0.5% |
2800 |
香港 HK |
盈富基金 / TRACKER FUND |
0.80 |
P - 2.5% |
P - 0.5% |
2822 |
香港 HK |
南方A50/ CSOP A50 ETF |
0.80 |
P - 2.5% |
P - 0.5% |
2823 |
香港 HK |
安碩A50/ ISHARES A50 |
0.80 |
P - 2.5% |
P - 0.5% |
2828 |
香港 HK |
恒生中國企業 / HSCEI ETF |
0.80 |
P - 2.5% |
P - 0.5% |
3188 |
香港 HK |
華夏滬深三百 / CAM CSI300 |
0.70 |
P - 2.5% |
P - 0.5% |
3320 |
香港 HK |
華潤醫藥 |
0.60 |
P - 2.5% |
P - 0.5% |
3323 |
香港 HK |
中國建材 |
0.65 |
P - 2.5% |
P - 0.5% |
3328 |
香港 HK |
交通銀行 / BANKCOMM |
0.80 |
P - 2.5% |
P - 0.5% |
3333 |
香港 HK |
中國恒大 |
0.20 |
P - 2.5% |
P - 0.5% |
3380 |
香港 HK |
龍光地產 |
0.30 |
P - 2.5% |
P - 0.5% |
3690 |
香港 HK |
美團-W / MEITUAN-W |
0.70 |
P - 2.5% |
P - 0.5% |
3692 |
香港 HK |
翰森製藥 |
0.50 |
P - 2.5% |
P - 0.5% |
3799 |
香港 HK |
達利食品 |
0.30 |
P - 2.5% |
P - 0.5% |
3808 |
香港 HK |
中國重汽SINOTRUK |
0.60 |
P - 2.5% |
P - 0.5% |
3968 |
香港 HK |
招商銀行 / CM BANK |
0.70 |
P - 2.5% |
P - 0.5% |
3988 |
香港 HK |
中國銀行 / BANK OF CHINA |
0.80 |
P - 2.5% |
P - 0.5% |
4239 |
香港 HK |
政府債券2311 / HKGB 2311 |
0.97 |
P - 2.5% |
P - 0.5% |
6030 |
香港 HK |
中信證券 / CITIC SEC |
0.70 |
P - 2.5% |
P - 0.5% |
6060 |
香港 HK |
眾安線上 / ZA ONLINE |
0.60 |
P - 2.5% |
P - 0.5% |
6098 |
香港 HK |
碧桂園服務 |
0.50 |
P - 2.5% |
P - 0.5% |
6186 |
香港 HK |
中國飛鶴 |
0.20 |
P - 2.5% |
P - 0.5% |
6808 |
香港 HK |
高鑫零售 |
0.50 |
P - 2.5% |
P - 0.5% |
6823 |
香港 HK |
香港電訊-SS |
0.70 |
P - 2.5% |
P - 0.5% |
6837 |
香港 HK |
海通證券 |
0.70 |
P - 2.5% |
P - 0.5% |
6862 |
香港 HK |
海底撈 |
0.40 |
P - 2.5% |
P - 0.5% |
6969 |
香港 HK |
思摩爾國際 / SMOORE IN’L |
0.20 |
P - 2.5% |
P - 0.5% |
9618 |
香港 HK |
京東-SW / JD-SW |
0.80 |
P - 2.5% |
P - 0.5% |
9988 |
香港 HK |
阿里巴巴-SW / BABA-SW |
0.80 |
P - 2.5% |
P - 0.5% |
9999 |
香港 HK |
網易-S / NTES-S |
0.70 |
P - 2.5% |
P - 0.5% |
600000 |
中國 CN |
浦發銀行 |
0.70 |
P - 2.5% |
P - 0.5% |
600016 |
中國 CN |
民生銀行 |
0.60 |
P - 2.5% |
P - 0.5% |
600028 |
中國 CN |
中國石化 |
0.70 |
P - 2.5% |
P - 0.5% |
600030 |
中國 CN |
中信證券 |
0.60 |
P - 2.5% |
P - 0.5% |
600036 |
中國 CN |
招商銀行 |
0.70 |
P - 2.5% |
P - 0.5% |
600048 |
中國 CN |
保利地產 |
0.50 |
P - 2.5% |
P - 0.5% |
600104 |
中國 CN |
上汽集團 |
0.60 |
P - 2.5% |
P - 0.5% |
600276 |
中國 CN |
恒瑞醫藥 |
0.50 |
P - 2.5% |
P - 0.5% |
600519 |
中國 CN |
貴州茅臺 |
0.70 |
P - 2.5% |
P - 0.5% |
600585 |
中國 CN |
海螺水泥 |
0.60 |
P - 2.5% |
P - 0.5% |
601088 |
中國 CN |
中國神華 |
0.70 |
P - 2.5% |
P - 0.5% |
601166 |
中國 CN |
興業銀行 |
0.70 |
P - 2.5% |
P - 0.5% |
601288 |
中國 CN |
農業銀行 |
0.60 |
P - 2.5% |
P - 0.5% |
601318 |
中國 CN |
中國平安 |
0.80 |
P - 2.5% |
P - 0.5% |
601328 |
中國 CN |
交通銀行 |
0.70 |
P - 2.5% |
P - 0.5% |
601398 |
中國 CN |
工商銀行 |
0.80 |
P - 2.5% |
P - 0.5% |
601628 |
中國 CN |
中國人壽 |
0.70 |
P - 2.5% |
P - 0.5% |
601668 |
中國 CN |
中國建築 |
0.60 |
P - 2.5% |
P - 0.5% |
601857 |
中國 CN |
中國石油 |
0.60 |
P - 2.5% |
P - 0.5% |
601988 |
中國 CN |
中國銀行 |
0.70 |
P - 2.5% |
P - 0.5% |
請參閱註1及註2。
其他貨幣的借貸年利率請參閱 http://www.poems.com.hk/zh-hk/product-and-service/grade-based-margin/#Intro
客戶總貸款利息是根據其抵押股份的按值分層計算, 利息是由最低利率之層級開始逐級計算。例子: 某客戶借入11萬港元,投資組合如下。按「分層利率」計算,該客戶每天的利息約11.58港元, 平均年利率為 3.84%。
股票名稱 |
代號 |
市值 |
融資(孖展)比率 |
融資(孖展)金額 |
|
長和 |
#00001 |
250,000 |
0.8 |
200,000 |
電能實業 |
#00006 |
80,000 |
0.85 |
68,000 |
|
融資(孖展)總額 |
268,000 |
分層融資利率 |
按分層融資利率計算每日利息 |
首$5萬貸款金額 |
50,000 |
P - 2.5% |
3.77 |
餘下港幣貸款金額 |
60,000 |
P - 0.5% |
7.81 |
貸款總額 |
110,000 |
合計利息約 |
11.58 |
Footnote 1: The above grade-based interest rate will be based on the effective rate which is subject to the latest Hong Kong Dollar Prime (P) rate of Standard Chartered Bank.
Footnote 2::The flat interest rate for non grade-based margin account is P(HKD Prime rate of Standard Chartered Bank) + 3%。
*The margin ratio of stock is for reference only, which is subjected to change as determined by both the market and specific company factor. The company deserves the right to provide a different ratio to client based on his account situation.
Clients must submit supporting documentation to the Company to confirm that the depository payment is from his/her own bank account. Acceptable documentation include, but is not limited to, bank statements, cheque images, and online banking screenshots. The deposit will be credited to the Client account on the day that supporting documentation is provided. Until the supporting documentation is submitted, the deposit will not be treated as “credited”. The daily cut-off time for collecting the supporting documentation is 4:00 p.m., any supporting documentation received after 4:00 p.m. will be deemed to be received on next working day. Clients will be liable for any relevant interest, commission, fines and other charges incurred as a result of not being ”credited”.
Examples
Interest is calculated on outstanding of clients' account and on daily basis. Example of Interest Calculation:
Case 1: Outstanding < Grade 1 Stock Margin Value |
Stock |
Market Value |
Margin Ratio |
Margin Value |
Total Outstanding |
Grade 1 Stock |
HK$ 125,000 |
0.8 |
HK$ 100,000 |
HK$ 80,000 |
Case 2: Outstanding>Grade 1 Stock Margin Value |
Stock |
Market Value |
Margin Ratio |
Margin Value |
Total Outstanding |
Grade 1 Stock |
HK$ 162,500 |
0.8 |
HK$ 130,000 |
HK$ 150,000 |
Other Stocks |
HK$ 120,000 |
0.5 |
HK$ 60,000 |
Case 3: Outstanding>Total Margin Value; Margin Call |
Stock |
Stock Value |
Margin Ratio |
Margin Value |
Outstanding |
Grade 1 Stock |
HK$ 375,000 |
0.8 |
HK$ 300,000 |
HK$ 500,000 |
Other Stocks |
HK$ 375,000 |
0.4 |
HK$ 150,000 |
|
|
Total: |
HK$ 450,000 |
HK$ 500,000 |
Footnote 1: The above grade-based interest rate will be based on the effective rate which is subject to the latest Hong Kong Dollar Prime (P) rate of Standard Chartered Bank.
Footnote 2::The flat interest rate for non grade-based margin account is P(HKD Prime rate of Standard Chartered Bank) + 3%。
*The margin ratio of stock is for reference only, which is subjected to change as determined by both the market and specific company factor. The company deserves the right to provide a different ratio to client based on his account situation.
Clients must submit supporting documentation to the Company to confirm that the depository payment is from his/her own bank account. Acceptable documentation include, but is not limited to, bank statements, cheque images, and online banking screenshots. The deposit will be credited to the Client account on the day that supporting documentation is provided. Until the supporting documentation is submitted, the deposit will not be treated as “credited”. The daily cut-off time for collecting the supporting documentation is 4:00 p.m., any supporting documentation received after 4:00 p.m. will be deemed to be received on next working day. Clients will be liable for any relevant interest, commission, fines and other charges incurred as a result of not being ”credited”.
FAQ
1. What is Grade-based margin interest plan?
Please refer to the introduction page of
Grade-based Margin Interest Plan.
>The grade- based margin interest rate is adjusted and based on the Prime Rate of Standard Chartered Bank from time to time. For CNY and USD Margin Interest, please
click here
2. The detail of Grade-based margin interest plan
Please refer to the introduction page of
Grade-based Margin Interest Plan.
The grade- based margin interest rate is adjusted and based on the Prime Rate of Standard Chartered Bank from time to time.
3. Terms and Conditions of Grade-based Margin Interest Plan:
- The promotion applies to all new margin client.
- For blue chips / Grade 1 stock list,the annual interest rate is 2.75% (P-2.5%) for the first HKD 50,000 financing.
- The annual interest rate for financing HKD 50,000 above is 4.75% (P-0.5%)。
Click here for details of Grade-based Margin Interest Plan
*The grade-based margin interest rate is adjusted and is based on the HKD Prime Rate of Standard Chartered Bank from time to time.
*The margin ratio of stock is for reference only, which is subjected to change as determined by both the market and specific company factor. The company deserves the right to provide a different ratio to client based on his account situation.
Investment involves risks. Please refer to the Risk Disclosures Statement on our website at www.poems.com.hk.
You may contact our Customer Service Department at cs@phillip.com.hk or 2277 6555 to opt out of receiving marketing materials.
4. How to apply Grade-based margin interest plan instead of standard rate margin financing?
Grade-based margin interest plan applies to all new margin accounts. Existing margin clients could apply the plan through their account executives or Customer Service Department, and do confirmation via POEMS pop-message after the application is approved.
5. How does a client know that the application of Grade-based margin interest plan is approved?
Client will receive confirmation pop-up message while log in in online trading platform POEMS if their application of Grade-based margin interest plan is approved. Please contact Customer Service Department if there is no confirmation.
6. How to check Grade 1 stock list?
Please check
Grade 1 Stock list in POEMS website and it would be updated from time to time.
7. How to presume accrual interest before choosing any margin financing plan?
Please check accrual interest with your portfolio details by utilizing the
calculator provided.
8. If the stock held by the client is suspended, how would the stock value be calculated?
If the stock is suspended, the stock will have no market value. There would be a margin call for deposit.
9. If outstanding excess loan limit, is there any margin call?
No, margin call would occur only if outstanding excess margin value.
10.What kind of client is suitable for Grade-based margin interest plan ?
The plan is suitable for client holding blue-chips portfolio and one's Phillip account with no margin call.
11. Do both parties of joint account need to sign on opt-in form for joining Grade-based margin interest plan?
Yes, both parties of joint account need to sign on opt-in form for joining Grade-based margin interest plan.
12. Could authorized person represent their own client to sign opt-in form to go for Grade-based margin interest plan?
No, the opt-in form must be signed by client.
13. Would Grade-based margin interest plan affect the purchase power of client?
No.
14. How to check the blend interest rate of one's account on the day?
Interest rate would be shown in the end of the month in monthly e-statement.
Footnote 1: The above grade-based interest rate will be based on the effective rate which is subject to the latest Hong Kong Dollar Prime (P) rate of Standard Chartered Bank.
Footnote 2::The flat interest rate for non grade-based margin account is P(HKD Prime rate of Standard Chartered Bank) + 3%。
*The margin ratio of stock is for reference only, which is subjected to change as determined by both the market and specific company factor. The company deserves the right to provide a different ratio to client based on his account situation.
Clients must submit supporting documentation to the Company to confirm that the depository payment is from his/her own bank account. Acceptable documentation include, but is not limited to, bank statements, cheque images, and online banking screenshots. The deposit will be credited to the Client account on the day that supporting documentation is provided. Until the supporting documentation is submitted, the deposit will not be treated as “credited”. The daily cut-off time for collecting the supporting documentation is 4:00 p.m., any supporting documentation received after 4:00 p.m. will be deemed to be received on next working day. Clients will be liable for any relevant interest, commission, fines and other charges incurred as a result of not being ”credited”.

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