Hong Kong Securities
Applicable to Hong Kong Equities Securities, ETFs, Warrants, CBBCs, Inline Warrants, etc.
Note:
1. The above fees are applicable to the Hong Kong Securities and Pre-IPO Market, and charges on non-HKD SEHK trades will be settled with the trade currency.
2. Under normal circumstances, no stamp duty is levied when trading warrants, CBBCs and ICBCs, ETFs, the exact range of stamp duty is subject to the official statement of the Hong Kong Government.
3. If the customer BUY/SELL the same stock in the same account, same channel and trading direction on the same day, the system will combine the order and charged once. If a customer trades in the HK Pre-IPO Market, or trades in different accounts, channels, trading directions (buy/sell) or stocks on different dates, then it cannot be considered as a combined order. Solomon has the final decision to approve this contract arrangement.
4. Stock Settlement Fee: HKSCC charges 0.002% of gross value of a SEHK trade (Min HK$2.00 and Max HK$100.00)
5. When the cash balance of the account is negative, interest will be generated, and the annual interest rate is 11% (P+5%, P=5.875%). Interest is calculated on a daily basis and is settled at the end of the month.
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 15 Nov 2023
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 7 Aug 2023
Note: If the cash dividends is less than HK$30, the max handling fee is the amount of the dividends.
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 1 Jan 2023
Note:
1. If there is no allotment of the application, the Handling Fees and Interest of Margin IPO will not be refunded.
2. Financial Reporting Council (FRC) Transaction Levy will be effective from 1 January 2022.
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 1 Jan 2023
US Securities
Applicable to U.S. market stocks and exchange traded funds (ETF) and other listed securities transactions
Note:
1. When there is still a value after the second decimal place, an extra US$0.01 will be charged.
2. An annual Interest rate of 11% is charged when the account cash balance is negative. Interest is calculated on a daily basis and is settled at the end of the month.
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 02 Jan 2024
Note：It will take at least 5 working days for Stock Withdrawal via Settlement Instruction
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 27 Feb 2023
Note：
1. In general, the withholding tax rate on dividend from US listed company is: Residents of Hong Kong and other countries and regions: 30%; Mainland China residents: 10%; the withholding tax rate on dividend is determined based on W8BEN form provided;
2. If the listed company and/or its agency or clearing company, charges corporate action and/or traded related fees, Solomon will collect the same fees from customers affected.
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 27 Feb 2023
A Shares
Applicable to China Connect (Shanghai Connect & Shenzhen Connect) Trading
Note：
1. ETFs in Northbound Stock Connect are exempt from Securities Management Fees, Transfer Fees (CSDC), and Stamp Duty, and the handling fee is 0.004% of the transaction amount. Other charges are the same as those for the underlying A-shares.
2. An annual Interest rate of 11% is charged when the account cash balance is negative. Interest is calculated on a daily basis and is settled at the end of the month.
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 15 Nov 2023
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 1 Jan 2023
Note: If the cash dividends is less than CNY￥30, the max handling fee is the amount of the dividends.
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 1 Jan 2023
Deposit / Withdrawal Service Charges
Note：
1. Customer deposits and withdrawals must be made through the bank. Solomon does not accept third-party deposit and withdrawal. Please make sure that the name of the bank account matches the name of the trading account.
2. Solomon do not accept any cash deposit or e-wallet transfer.
3. Due to China government implement Foreign Exchange Control policy, Hong Kong local banks do not accept wire transfers to China mainland bank accounts.
4. For deposits by remittance (RTGS/CHATS/TT), the receiving bank charges are HK$15-80 per transaction.
5. For local bank account withdrawals processed by CHATS/RTGS, especially for USD withdraw, the bank charges are HK$55-150 per transaction charged by our banks. Bank charges may be incurred by receiving bank.
6. For overseas bank account withdrawals by Tele Transfer (TT), the bank charges are HK$125-200 per transaction charged by our banks. Besides, bank charges may be incurred by intermediary bank and receiving bank.
7. The arrival time of international remittance depends on the processing time of the intermediary bank and the beneficiary bank. In general, it will be remitted to the beneficiary's account within 3-5 working days.
8. Solomon selects the best withdrawal method by considering cost and efficiency.
9. Currency exchange is affected by foreign exchange fluctuations. Solomon currently provides mutual exchange of HKD, USD and CNH.
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 1 Jan 2023
Other Charges
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 1 Jan 2023
Note:
1. Interest rates may be adjusted according to the market condition, please refer to your account statement for the interest rates applied;
2. Number of financing days is calculated on a calendar day basis, based on 365 days per year. If the Available Balance of your account is negative, interest will be accrued;
3. Accrued interest of the every month is charged on the last trading day of Hong Kong stocks every month. The accrued interest will be deducted from the Available Balance at the end of this month and such balance after deduction will be the beginning Available Balance of the next month;
4. P is the Prime Rate offered by DBS Bank Hong Kong and adjusted with changes in the bank. （P = 6%）
Solomon reserves the right to add, change or modify the fee schedule at its own discretion from time to time without prior notice.
Updated on 15 Nov 2023