12 and 24 installment period available
12 months, 24 months and First-month Payment Holiday with Interest Free (for option assign only) are available under this scheme, the monthly repayment amount for 24 months plans could be as low as around HK$3,000.
Interest rate as low as 2.88% p.a.
Under this scheme, the interest rate for the 12 months installment is as low as 2.88 % p.a.*. The interest rate for First-month Payment Holiday with Interest Free is 3.38% **. THe intereset rate for 24 months installment period is as low as 3.88 %*** p.a.
*P refers to Hong Kong Dollar Prime rate of Standard Chartered Bank, which is 5.25% on 1 November 2019.
*P -2.37% p.a. (While "P" = 5.25% p.a.)
**P - 1.87% p.a. (While "P" = 5.25% p.a.)
***P -1.37% p.a. (While "P" = 5.25% p.a.)
In each new Share Mortgage contract, “P” refers to Prime rate of Standard Chartered Bank on draw down day.
Mortgaging Existing Stocks
Client may mortgage existing stocks by transferring his/ her existing stocks in Master Account to Sub Account as collateral under the Scheme. The company will draw down up to 70% market value of the stock from Sub Account to Master Account.
Brokerage fee waiver
Customer joining this scheme can enjoy brokerage fee waiver for both buy or sell order. It may help to increase client’s investment return.
Entitled to receive dividend
Customers are entitled to receive the dividend from the shares purchase.
A various choices of stock
Stocks with margin ratio 60% or above are available for this scheme. Customers have a wide range of choices.
Scheme stop any time without additional charges
Client can repay the outstanding and terminate the scheme without any additional charges.