Hong Kong and China Stocks

BOCOM International Securities Limited is a subsidiary of Bank of Communications, Co., Ltd., a Hong Kong listed company (HKEx Stock No. 3328), The Bank of Communications, Co., Ltd. is one of the five largest banks in China, with great financial strength and reputation.

BOCOM International Securities Limited is a corporation licensed with the Securities and Futures Commission to carry on Type 1, 2, 4, 5 regulated activities (CE No. APJ 121) and an exchange participant (No. 1842) of the Stock Exchange of Hong Kong Limited.

Do you want the best investment opportunities?

·         ET Net quotation machines available, in comfortable trading environment

·         Special low fees

·         On-line trading

·         Free real-time stock price quotations

·         Direct ordering lines

·         Margin trading services

  2FA Authentication in BOCOM International Online Securities Trading Guide (Token registration method)

 BOCOM International Online Securities Trading Manual Guide

 BOCOM International Online Securities (Upgraded Version) Trading Manual Guide

 Fund Deposit and Withdrawal user guide

 Unregister 2FA device user guide

What kinds of services do Internet Securities Trading Service provide?

(1) Place order (Service hours : Trading days 9:00am-12:00pm & 1:00pm-4:10pm)

Place buy / sell order.

Modify or cancel non-executed order.

Provide the following 4 order types for selection:

(i) Limit Order 
A limit order having a price equal to the best opposite orders will match with opposite orders at the best price queue residing in the System, one by one according to time priority.

(ii) Enhanced Limit Order 
An enhanced limit order will allow matching of up to 10 price queues at a time. The ask order price can be input at 9 spreads lower than the current bid price, or the bid order price can be input at 9 spreads higher than the current ask price. Any unfilled quantity after matching will be stored in the System as a normal limit order at the input order price.

(iii) Special Limit Order 
A special limit order will allow matching of up to 10 price queues (i.e. the best price queue and up to the 10th queue at 9 spreads away) at a time provided that the traded price is not worse than the input price.  A special limit order has no restriction on the input price as long as the order input price is at or below the best bid price for a sell order or at or above the best ask price for a buy order.

Any outstanding special limit order will be cancelled and will not be stored in the system.

(iv) At-auction Limit Order 
An at-auction limit order is an order with a specified price and is entered during pre-opening session. At-auction limit order can only be entered, modified and cancelled during the period of 9:00am - 9:15am and will be matched at 9:20am. Any unfilled at-auction limit orders will be converted into limit orders and carried forward to the Continuous Trading Session provided that the specified price of that at-auction limit order does not deviate 9 times or more from the nominal price.

 (v) At-auction Order (sell only) 
An at-auction order (sell only) is a sell order with no specified price and is entered during pre-opening session.  At-auction order (sell only) can only be entered during the period of 9:00am - 9:20am, and can be modified and cancelled during 9:00-9:15am and will be matched at 9:20am.  Any unfilled at-auction orders (sell only) will be cancelled automatically before the continuous trading session.

* Internet securities trading cannot provide to place at-auction buy orders (no specified price) services.

Closing Auction Session
At-auction Limit Order 
An at-auction limit order is an order with a specified price. An at-auction limit order with a specified price at or more competitive than the final IEP (i.e. closing price) (in case of buying, the specified price is equal to or higher than the closing price, or in case of selling, the specified price is equal to or lower than the closing price) may be matched at the closing price. 
- Order Input Period (16:01 - 16:06), at-auction limit orders can be entered, amended or cancelled and will be matched at random closing (16:08-16:10) 
- No Cancellation Period (16:06 - 16:08 ) and Random Closing (16:08-16:10), at-auction limit orders within the price limit can be entered, but cannot be amended or cancelled and will be matched at random closing

 

At-auction Order (sell only) 
An at-auction order is an order with no specified price and is entered during for execution at the securities’ closing price determined in the CAS. It enjoys a higher order matching priority than an at-auction limit order and will be matched in time priority at the closing price in the CAS. 
- Order Input Period (16:01 - 16:06), at-auction orders can be entered, amended or cancelled and will be matched at (16:08-16:10) 
- No Cancellation Period (16:06 - 16:08 ) and Random Closing (16:08-16:10), at-auction orders can be entered, but cannot be amended or cancelled and will be matched at random closing

 

* Internet securities trading cannot provide to place at-auction buy orders (no specified price) services.

 

(2) Inquiry
Today order status
Account balance
Portfolio
Transaction history (this week, last 2 weeks, last 3 weeks, this month)

(3) Stock Market Information
Real-time stock price quote, individual stock news, local and international financial news.

(4) Fund transfer (Service hours : Trading days 9:00am-5:00pm) 
Transfer fund from registered savings account of Bank of Communications to securities account.

The HKEX securities market trading hours?

Pre-opening Session	9:00am - 9:15am	9:15am - 9:20am	9:20am
Trading status	Order Input	Pre-order Matching	Order Matching
Types of order input	Allowed At-auction / At-auction Limit orders	Allowed At-auction orders only
Amendment & Cancellation	Allowed	Not allowed

 

Note: All outstanding at-auction limit orders will be automatically carried forward from the pre-opening session to the continuous trading session.

 

Continuous Trading Session	9:30-12:00 (Morning)	1:00-4:00 (Afternoon)
Trading status	Order Input & Executed	Order Input & Executed
Types of order input	Allowed Limit / Enhanced Limit orders	Allowed Limit / Enhanced Limit orders
Amendment & Cancellation	Allowed	Allowed

 

Closing Auction Session	4:00-4:01 (Afternoon)	4:01-4:06 (Afternoon)	4:06-4:08 (Afternoon)	4:08-4:10 (Afternoon)
Trading status	Calculation and dissemination of reference price	Order Input	No Cancellation	Random Closing
Types of order input		Allowed At-auction / At-auction Limit orders within the price limit can be entered	Allowed At-auction / At-auction Limit orders within the price limit can be entered	Allowed At-auction / At-auction Limit orders within the price limit can be entered
Amendment & Cancellation		Allowed	Not allowed	Not allowed

Please visit the below website for more details:

http://www.hkex.com.hk/cas/en/index.htm 

Pre-IPO (also known as ""Grey Market"") Trading Service
Pre-IPO trading is not conducted through the exchange system, but through the internal system provided by some brokerage firms (i.e. not BOCOM International).

The Customer should only undertake pre-IPO trading on the over-the-counter (“OTC”) trading facilities if the Customer understands the nature of such trading and trading facilities, other relevant circumstances, the degree of risks which can be borne by the Customer and the various risks associated with pre-IPO trading on the OTC as set out in the relevant contracts made between BOCOM International and the brokerage firms. The Customer should seek independent professional advice when in doubt.

(i) Pre-IPO trading hours
The pre-IPO trading hours are 4:15 - 6:30 (p.m.) on the trading day before the official listing of the IPO.

(ii) Pre-IPO order restriction
The order input must be within the restricted range at market price. Order amendment function is not available, and order can only be cancelled if not executed.

 

(iii) Suspension, breakdown, or disruption of the trading system
So far as reasonably practicable, announcements will be published on BOCOM International’s website in case of suspension, breakdown, or disruption of the trading system during trading time. If the Customer has any enquiries in relation to an order’s status or the trading platform, the Customer should immediately contact his/her/its account manager or the customer service officer at (852) 3768 2888.

 

(iv) Provision of information

Upon request by BOCOM International, the Customer shall (a) disclose to BOCOM International any information (including but not limited to personal data) as requested by BOCOM International and (b) grant the necessary consent, authorization or waiver to BOCOM International for disclosure of the Customer’s information to any regulatory authorities or the brokerage firms. The Client shall provide reasonable assistance to BOCOM International so as to enable BOCOM International to perform surveillance and monitoring functions and comply with applicable laws and regulations.

Important statement

This leaflet is only providing information; it is not and should not be interpreted as providing an invitation to buy / sell securities.

The following risk disclosure statement does not disclose information on all the risks involved. Before transaction or investment, you should be responsible for your own data collection and investment research. You should be aware of your own financial position and investment objectives carefully consider whether it is appropriate to trade or investment. We recommend you should seek independent financial and professional advices before you conduct any transactions. If you are unsure or do not understand the contents of the following risk disclosure statements or the investment nature and the associated risks involved with the transactions, you should seek independent professional advice.

Stock prices might fluctuate at times, and even dramatically fluctuate. Securities prices can go up or down, or even become valueless. The buy and sale of securities may not be able to make a profit, and may even incur losses.