A Share commission as low as ¥ 0

Our CNY margin financing interest rate is now as low as 3.88%. The service with leverage effect fits for over 1,000 eligible A shares of eligible stocks included in the northbound trading of Shanghai-Shenzhen Stock Connect, Hong Kong dollar-RMB dual-counter securities and RMB-counter Hong Kong-listed ETFs. Exchange-risk free.

Commission:

Transaction Amount (RMB)	Online Buy Side Commission (RMB)	Online Sell Side Commission (RMB)
¥30,000 or below	0	Transaction X 0.03%
Above ¥30,000	Transaction Amount X 0.03%	Transaction X 0.03%

Footnote: Calculation of transaction amount is based on amalgamation order amount.

Margin Rate:

HKD margin interest rate is as low as 5.375%(P-0.5%)

RMB margin interest rate is 3.88%

P refers to the Prime rate of Standard Chartered Bank.

Terms and Conditions:

This Promotion is valid from 1 June 2022 until further notice.
This promotion is valid to online trading order only.
Calculation of transaction amount is based on amalgamation order amount.

The Company reserves the right to alter these terms and conditions without prior notice and has final and irrevocable discretion in case of dispute.
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.

Hong Kong investors and foreign investors must apply BCAN before trading A shares。

What is BCAN？

''BCAN'' stands for ''Broker-to-Client Assigned Number'' and Client Identification Data (CID) that are needed to support trading under the Northbound Investor ID Model. The BCAN-CID will be submitted to Mainland exchanges/ChinaClear for investors who wish to conduct Northbound trading through Stock Connect on T-day.

Do Hong Kong and overseas investors have to apply for China Connect BCAN before trading A shares?

Yes, they can trade A shares via China Connect in their original stock accounts.

How to apply BCAN？

1. 登入POEMS平台後，於更改客戶資料(格C)中，按中華通「申請」按鈕。

china connect

2. 閱讀條款及細則後，於方格打勾，再按中華通「同意」按鈕。

BCAN

Can BCAN be applied via POEMS APP？

No.

Can BCAN be applied via mail?

Yes. Please download the application form and mail it back to Customer Service Department or your account executive.

How could we know the BCAN application is approved?

The "Success" status will be shown in the column of "User Info" in POEMS.
China Connect BCAN

Can all securities listed on the Shanghai Stock Exchange / Shenzhen Stock Exchange be traded through China Connect?

No. Please click and view Eligible Stocks of China Connect

Can all securities listed on the Shanghai Stock Exchange / Shenzhen Stock Exchange be traded with margin financing through China Connect?

No. Please click the list A shares with Margin Ratio

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