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Fund withdraw guide

 

1. Notes for withdrawal

 

1. Currently, Solomon Securities supports the withdrawal of HKD and USD.

2. Withdrawal of funds needs to be withdrawn to a bank account with the same name as the securities account. Withdrawal to another's bank account is not supported.

3. It is not supported to withdraw funds to bank accounts opened jointly with others.

4. The cut-off processing time for withdrawal is 12:00 am on each HK stock trading day. Withdrawal instructions initiated after 12:00 am will be processed on the next HK stock trading day.

5. Withdrawal instructions will not be processed during Hong Kong holidays, please make the schedule earlier.
 

How to withdraw funds from a Solomon account?
 

Users of Solomon Securities can withdraw funds through the APP. The specific steps are as follows:
 

Step 1: Go to Home page> Transfers> Withdraw

Step 2: Select currency that you want to withdraw (HKD, CNY and USD are supported)

Step 3: Fill in the amount of funds you wish to withdraw

Step 4: Submit the application and wait for the funds to arrive
 

Except for withdrawing funds to overseas accounts, Solomon Securities does not charge handling fees during the process of withdrawing funds.
 

 

Time and fee of withdrawal

Services

Handling Time

Charge

 

Withdrawal Amount

Handled within the same working day if the withdraw instruction submitted before 12:00 am. Withdrawal instructions initiated after 12:00 am will be processed on the next HK stock trading day.

Solomon has no charge, all bank charges will be deducted from the withdraw amount

 

Note:
1.  For local bank account withdrawals processed by CHATS/RTGS, especially for USD withdraw, the bank charges are HK$50-150 per transaction charged by our banks. Bank charges may be incurred by receiving bank


2. For overseas bank account withdrawals by Tele Transfer (TT), the bank charges are HK$100-200 per transaction charged by our banks. Besides, bank charges may be incurred by intermediary bank and receving bank


3. Solomon selects the best withdrawal method by considering cost and efficiency.

 

Solomon Securities reserves the right to adjust the fee standard at any time.

协议及声明

Fund withdraw guide

 

Except for public holidays and the market closure due to bad weather, the Hong Kong stock market generally trades from Monday to Friday. The trading hours are as follows:
 

1. Pre-open Period

Time period

Trading Rules

Enter order 9:00-9:15

Submit, modify, and cancel auction market orders and auction limit orders

Non-cancellable 9:15-9:20

Only at-auction market orders and at-auction limit orders can be submitted, and orders cannot be withdrawn or modified

Random match period 9:20-9:22 (match will start randomly at 9:20-9:22 at the final reference equilibrium price)

Conduct matchmaking during auction period

Pause period, from random match period ends to 9:30

At-auction order: Incomplete order will be cancelled by the system; At-auction limit order: If the input price range of an incomplete order does not deviate from the nominal price by nine times or more, it will be converted to a limit order and automatically transferred to the continuous trading session

 

2. Continuous Trading Hours

Time period

Beijing Time

Morning market

9:30-12:00

Closed at noon

12:00-13:00

Afternoon market

13:00-16:00

Note: Order modification is not allowed during the closed at noon, and cancellation is allowed during 12:30 - 13:00.

 

3. Closing Auction Trading Session

Time period

Trading Rules

Closing auction period 16:00-16:01      

Calculate and publish reference price; orders cannot be submitted

Enter order 16:01-16:06

You can submit, modify, and cancel at-auction market orders and auction limit orders. The price limit of auction limit orders shall not exceed ±5% of the reference price

Non-cancellable 16:06-16:08

At-auction market orders and at-auction limit orders can be submitted, and cannot be cancelled or changed; the input price of at-auction limit orders must be between the lowest selling price and the highest bidding price

Random closing 16:08-16:10

At random closing time, at-auction market orders and at-auction limit orders can still be submitted, and cannot be cancelled or changed; the input price of auction limit orders must be between the lowest selling price and the highest bidding price