Monthly Stock Savings
How It Works
For details, please click here.
How to Subscribe
For New Client:
- Open an account online or fill in the Client Information Statement (Cash or Margin Account)
- Complete the "Monthly Stock Savings Plan Form" with the relevant documents such as identity card and address proof
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Mail or email to UOB Kay Hian
Mailing address 6/F Harcourt House, 39 Gloucester Road, Hong Kong Email address clientservices@uobkayhian.com.hk For further enquiries, please contact our Client Services Hotline at (852) 2136 1818.
For Existing Client:
- Complete the "Monthly Stock Savings Plan Form"
-
Mail or email to UOB Kay Hian or contact your Account Executive
Mailing address 6/F Harcourt House, 39 Gloucester Road, Hong Kong Email address clientservices@uobkayhian.com.hk For further enquiries, please contact our Client Services Hotline at (852) 2136 1818.
Deposit Methods
- Deposit to UOBKH's securities account
Click here to learn more. - Fill in and submit the Direct Debit Authorisation Form to your local bank
You can set up the direct debit authorization with your bank which will automatically debit the contribution amount from your bank account to the "Monthly Stock Savings Plan" account on a monthly basis.
Available Stocks List
Currently 182 Hong Kong listed stocks are available. Please refer to this link for details: Available Stock List
Forget to Pay the Contribution Amount
We will not proceed with the stock purchase for the month if you fail to deposit the contribution amount on or before the contribution date. A notification of insufficient funds will be sent to you via email.
Portfolio Review
You will receive your daily statement via email on the next day after the transaction date. Executed prices and shares purchased will be shown on your statement.
Stocks Selling
Stocks purchased through the Monthly Investment Plan can be sold using the same account. However, only board lot shares are sold through UTRADE online trading platform directly. You will be contacted via your Account Executive to sell odd lots stocks. The Company will impose commission, stamp duty, transaction levy, trading fees and other relevant charges on selling stocks.
Δ Net amount for a sell trade is the gross amount of stocks sold minus handling fees (Commission and all trading charges)
For example:
| Gross Amount | Stock A $10,000.00 |
Stock B $30,000.00 |
Stock C $50,000.00 |
|---|---|---|---|
| Handling Fees | $61.07 | $93.21 | $155.35 |
| Commission 0.20% min. HK$50 |
$50.00 | $60.00 | $100.00 |
| Stamp Duty 0.10% |
$10.00 | $30.00 | $50.00 |
| Transaction Levy 0.10% |
$0.27 | $0.81 | $1.35 |
| Clearing Fees 0.003% |
$0.30 | $0.90 | $0.15 |
| Trading Fees 0.005% |
$0.50 | $1.50 | $2.50 |
| Net Amount | $9,938.93 | $29,906.79 | $49,844.65 |
Dividend Payments
You will enjoy the same shareholder's rights including dividend payments and bonus shares after joining the "Monthly Stock Savings Plan".
Portfolio Adjustment
You can submit the "Monthly Stock Savings Plan Form" to your Account Executive or send the form to clientservices@uobkayhian.com.hk.
Your amendment/termination should be submitted to us at least 5 trading days before the contribution date. The amendment will take effect once you receive a confirmation email sent by UOB Kay Hian.