Dear Valued Customer,
Notice of CWSI Revised Investment Products Fee Schedule/ HK Stock Trading Commission and Service Charges and Latest Revised Client Agreement Version
Please be informed that the Terms and Conditions of the Client Agreement have been revised, please refer to the attachment for details of the revision. In addition, with effective from 12th July 2023 (HKT 00:00am), CWSI will revise the Investment Products Fee Schedule and HK Stock Trading Commission and Service Charges, please see attached for revision details.
Major revision details:
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Terms and Condition |
Amendments to Securities Client Agreement |
Effective date |
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GENERAL TERMS AND CONDITIONS (Securities Trading) 8. Client’s Money |
8.1 CWSIL shall be entitled to deposit all moneys or funds held in the Securities Account and all moneys received for or on account of the Client with one or more accounts at one or more authorized financial institution, which may or may not be a licenced bank. Unless otherwise agreed between the Client and CWSIL, any interest accrued on such moneys or funds shall belong to CWSIL absolutely. The Client hereby expressly waives any or all rights, claims and entitlements whatsoever to such interest. |
12th July 2023 |
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Amendments to Investment Products Fee Schedule |
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Bond – Trade-Related Fee |
Monetary Benefit / Spread: Up to 3% of transaction amount, subject to negotiation |
12th July 2023 (HKT 00:00am) |
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Structured Product – Trade-Related Fee |
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Amendments to HK Stock Trading Commission and Service Charges |
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Settlement Fee/ Clearing Fee |
0.006% per trade (including 0.002% collected by HK Clearing), HKD / RMB 3 minimum charge. |
12th July 2023 (HKT 00:00am) |
Should you have any queries, please feel free to contact your Account Executive or contact our Customer Services Department at (852) 3958 4600 or email cs@cwsi.com.hk.
Yours faithfully,
For and on behalf of
Central Wealth Securities Investment Limited