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Low Investment Amount
Invest in securities with monthly investment contribution amount as low as HKD1,000 each month
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Wide Selection of Stocks
A Wide Selection of Stocks
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Dollar Cost Averaging
Buy securities through monthly investment plan helps to smooth out the effect of short-term market fluctuations on investment
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Product Features
A Wide Selection of Stocks
Over 100 Hong Kong listed stocks and ETF for selection
Low Investment Amount
Invest in securities with monthly investment contribution amount as low as HKD1,000 each month
Low Handling Charges
The handling charge, costs as low as HKD50 per month per security, includes brokerage fee, stamp duty, HKEX trading fee, SFC transaction levy, AFRC transaction levy, safe custody fee, securities deposit charge for purchase order and nominee services fees.There is no charge for plan readjustment, or termination
Direct Debit for Maximum Convenience
Your monthly investment amount will be paid by direct debit for convenience1
Manage Your Investment Plan With Ease
You may capture investment opportunities by selling all or part of your securities at any time through Hang Seng Personal e-Banking, Hang Seng Invest Express mobile app and Manned Securities Trading Hotline (2532 3838) or at designated branches2
Dollar Cost Averaging
By using Dollar Cost Averaging investment method, you can buy more shares/units when the price goes down and fewer shares/units when the price goes up with a fixed monthly investment amount. Monthly Investment Plan for Stocks enables you to capitalise on the potential returns (if any) of the stock market in medium to long term without having to worry about short-term price fluctuations
Notes:
1.
Customers should set up a direct debit authorisation together with plan subscription for subsequent monthly investment payment at designated branches or via Hang Seng Personal e-Banking.
2.
After a securities transaction has been executed, the Bank will make available the essential features of the securities transaction as soon as reasonably possible through such means or medium including but not limited to Personal e-Banking, Automated Securities Trading Hotline, Instant Order Confirmation Service or personal call provided by the Bank from time to time and at the Bank's discretion. Customers shall check the essential features of the securities transactions by themselves through such means or medium provided by the Bank.
Sale orders of securities are subject to the brokerage fee and the transaction charges charged by third parties such as SFC Transaction Levy, AFRC Transaction Levy, Stamp Duty and Trading fee, etc.
How the Plan Works
Example (For illustration only)
Assuming the customer's regular investment amount is HKD2,000. The investment amount after deduction of the handling fee (0.25% of the monthly investment amount or HKD50 per security, whichever is higher) will be used for purchasing securities. The number of shares/units allocated to each customer will be rounded down to the nearest whole number of shares/units. Any remaining dollar amount will be credited to the customer's payment account within five trading days following the Securities Purchase Date.
Regular Investment Amount(HKD) |
Amount Available for security Purchase3 (HKD) (a) |
Purchase Price (HKD) (b) |
Number of Shares/Units Purchased (c) |
Actual Investment Amount (HKD) (b) x (c) |
Amount to be Refunded (HKD) (a) - (b x c) |
|
|---|---|---|---|---|---|---|
| 1st | $2,000 |
$1,950 |
$12.05 |
161 |
$1,940.05 |
$9.95 |
| 2nd |
$2,000 |
$1,950 |
$13.20 |
147 |
$1,940.40 |
$9.60 |
| 3rd |
$2,000 |
$1,950 |
$13.00 |
150 |
$1,950.00 |
$0.00 |
| 4th |
$2,000 |
$1,950 |
$13.50 |
144 |
$1,944.00 |
$6.00 |
| Total |
$8,000 |
$7,800 |
- |
602 |
$7,774.45 |
$25.55 |
Notes:
3.
Amount available for security purchase = Customer's regular investment amount - Handling fee (0.25% of monthly investment amount or HKD50 per security, whichever is higher)
Stocks available for selection4
Eligible Stocks |
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|---|---|
| CKH HOLDINGS (Stock Code: 00001) | CHINARES CEMENT (Stock Code: 01313) |
| CLP HOLDINGS (Stock Code: 00002) | HUA HONG SEMI (Stock Code: 01347) |
| HK & CHINA GAS (Stock Code: 00003) | CHINAHONGQIAO (Stock Code: 01378) |
| HSBC HOLDINGS (Stock Code: 00005) | ICBC (Stock Code: 01398) |
| POWER ASSETS (Stock Code: 00006) | GANFENGLITHIUM (Stock Code: 01772) |
| PCCW (Stock Code: 00008) | KOOLEARN (Stock Code: 01797) |
| HANG SENG BANK (Stock Code: 00011) | XINTE ENERGY (Stock Code: 01799) |
| HENDERSON LAND (Stock Code: 00012) | INNOVENT BIO (Stock Code: 01801) |
| SHK PPT (Stock Code: 00016) | XIAOMI-W (Stock Code: 01810) |
| NEW WORLD DEV (Stock Code: 00017) | BUD APAC (Stock Code: 01876) |
| SENSETIME-W (Stock Code: 00020) | KB LAMINATES (Stock Code: 01888) |
| GALAXY ENT (Stock Code: 00027) | COSCO SHIP HOLD (Stock Code: 01919) |
| MTR CORPORATION (Stock Code: 00066) | SANDS CHINA LTD (Stock Code: 01928) |
| HANG LUNG PPT (Stock Code: 00101) | CHOW TAI FOOK (Stock Code: 01929) |
| CHINA RUYI (Stock Code: 00136) | WHARF REIC (Stock Code: 01997) |
| GEELY AUTO (Stock Code: 00175) | COUNTRY GARDEN (Stock Code: 02007) |
| DONGYUE GROUP (Stock Code: 00189) | WEIMOB INC (Stock Code: 02013) |
| ALI HEALTH (Stock Code: 00241) | LI AUTO-W (Stock Code: 02015) |
| CITIC (Stock Code: 00267) | AAC TECH (Stock Code: 02018) |
| BYD ELECTRONIC (Stock Code: 00285) | ANTA SPORTS (Stock Code: 02020) |
| WH GROUP (Stock Code: 00288) | HAICHANG H-NEW (Stock Code: 02255) |
| CHINA RES BEER (Stock Code: 00291) | WUXI BIO (Stock Code: 02269) |
| OOIL (Stock Code: 00316) | SHENZHOU INTL (Stock Code: 02313) |
| TINGYI (Stock Code: 00322) | PING AN (Stock Code: 02318) |
| SINOPEC CORP (Stock Code: 00386) | MENGNIU DAIRY (Stock Code: 02319) |
| HKEX (Stock Code: 00388) | LI NING (Stock Code: 02331) |
| LK TECH (Stock Code: 00558) | GREATWALL MOTOR (Stock Code: 02333) |
| TECHTRONIC IND (Stock Code: 00669) | PACIFIC BASIN (Stock Code: 02343) |
| CHINA OVERSEAS (Stock Code: 00688) | CHINA POWER (Stock Code: 02380) |
| TENCENT (Stock Code: 00700) | SUNNY OPTICAL (Stock Code: 02382) |
| CHINA TELECOM (Stock Code: 00728) | BOC HONG KONG (Stock Code: 02388) |
| CHINA UNICOM (Stock Code: 00762) | CHINA LIFE (Stock Code: 02628) |
| CHINA TOWER (Stock Code: 00788) | HKELECTRIC-SS (Stock Code: 02638) |
| LINK REIT (Stock Code: 00823) | ENN ENERGY (Stock Code: 02688) |
| CHINA RES POWER (Stock Code: 00836) | TRACKER FUND (Stock Code: 02800) |
| PETROCHINA (Stock Code: 00857) | CSOP A50 ETF (Stock Code: 02822) |
| XINYI GLASS (Stock Code: 00868) | ISHARES A50 (Stock Code: 02823) |
| ZHONGSHENG HLDG (Stock Code: 00881) | HSCEI ETF (Stock Code: 02828) |
| CNOOC (Stock Code: 00883) | ZIJIN MINING (Stock Code: 02899) |
| CIFI HOLD GP (Stock Code: 00884) | CNBM (Stock Code: 03323) |
| HUANENG POWER (Stock Code: 00902) | BANKCOMM (Stock Code: 03328) |
| CONCH CEMENT (Stock Code: 00914) | ZHONGYU ENERGY (Stock Code: 03633) |
| CHINA LONGYUAN (Stock Code: 00916) | MEITUAN-W (Stock Code: 03690) |
| CCB (Stock Code: 00939) | HANSOH PHARMA (Stock Code: 03692) |
| CHINA MOBILE (Stock Code: 00941) | GCL TECH (Stock Code: 03800) |
| LONGFOR GROUP (Stock Code: 00960) | CM BANK (Stock Code: 03968) |
| XINYI SOLAR (Stock Code: 00968) | BANK OF CHINA (Stock Code: 03988) |
| SMIC (Stock Code: 00981) | CMOC (Stock Code: 03993) |
| LENOVO GROUP (Stock Code: 00992) | CG SERVICES (Stock Code: 06098) |
| KUAISHOU-W (Stock Code: 01024) | CANSINOBIO (Stock Code: 06185) |
| CKI HOLDINGS (Stock Code: 01038) | JD HEALTH (Stock Code: 06618) |
| HENGAN INT'L (Stock Code: 01044) | HAIER SMARTHOME (Stock Code: 06690) |
| CHINA SHENHUA (Stock Code: 01088) | HKT-SS (Stock Code: 06823) |
| CSPC PHARMA (Stock Code: 01093) | HAIDILAO (Stock Code: 06862) |
| CHINA RES LAND (Stock Code: 01109) | SMOORE INTL (Stock Code: 06969) |
| CK ASSET (Stock Code: 01113) | JD-SW (Stock Code: 09618) |
| COSCO SHIP ENGY (Stock Code: 01138) | BILIBILI-W (Stock Code: 09626) |
| YANKUANG ENERGY (Stock Code: 01171) | NONGFU SPRING (Stock Code: 09633) |
| SINO BIOPHARM (Stock Code: 01177) | XPENG-W (Stock Code: 09868) |
| CHINA RES MIXC (Stock Code: 01209) | BIDU-SW (Stock Code: 09888) |
| BYD COMPANY (Stock Code: 01211) | BABA-SW (Stock Code: 09988) |
| ABC (Stock Code: 01288) | NTES-S (Stock Code: 09999) |
| AIA (Stock Code: 01299) | |
Notes:
4.
Eligible stocks available for selection is subject to change from time to time. New plan could be set up with stocks on the above eligible stocks list only. For existing plans already set up with the stocks, they will not be impacted by the change of the above list.
Plan Details
Minimum Monthly Investment Amount |
HKD1,000 for each security |
| Payment Account |
Hong Kong Dollar account at Hang Seng Bank or HSBC |
| Payment Date5 |
The 10th of each month |
| Purchase Date |
The third trading day after Payment Date6 |
| Monthly Investment Amount Readjustment |
Effective in the following calendar month upon the receipt of customer's notice. |
| Monthly Investment Portfolio Readjustment |
Effective in the following calendar month upon the receipt of customer's notice. |
| Plan Termination7 |
Effective in the following calendar month upon the receipt of customer's notice. |
Notes:
5.
Applicable to normal circumstances. If it is the first contribution, the Payment Date will be on the 10th of the month after the month in which the instruction is made by the customer. The Payment Date will be postponed to the next clearing day if the 10th of the month falls on a Saturday, Sunday or public holiday.
6.
Under normal market conditions, purchase of securities will commence at around 15 minutes after the market opens on the Purchase Date.
7.
The Plan will be terminated automatically if no payment is made for two consecutive months.
Handling Fee |
>0.25% of the monthly investment amount per security or HKD50 (whichever is higher), inclusive of brokerage fee, stamp duty, HKEX trading fee, SFC transaction levy, AFRC transaction levy, safe custody fee, securities deposit charge for purchase order and nominee services fee. |
|---|---|
| Monthly Investment Amount or Investment Portfolio Readjustment |
Nil |
| Plan Termination |
Nil |
Notes:
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The number of shares/units allocated to each customer will be rounded down to the nearest whole number of shares/units. Any remaining dollar amount will be credited to the customer's payment account within five trading days following the Securities Purchase Date.
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If a customer retains securities in the Monthly Investment Plan account after he/she terminates all the Monthly Investment Plan for stocks, the Bank will impose normal securities services charges, including safe custody fees, nominee services fees and other relevant charges.
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If a customer sells any securities in the Monthly Investment Plan account (regardless of whether the plan is terminated or not), the Bank will impose normal securities services charges, including the brokerage fee at normal rate and other relevant securities services charges on the selling transactions.
Act Now!
You can now set up a Monthly Investment Plan through Hang Seng Personal e-Banking8.
For more information, please call 2822 0228 during office hours.
Notes:
8.
Only applicable to Hang Seng Integrated Account customers and not applicable to joint accounts. Joint name Integrated Account customers can set up a Monthly Investment Plan through e-Banking service after their Monthly Investment Plan securities account has been set up at our branches.
Other Important Risk Warnings:
Investors should note that an exchange traded fund ("ETF") is different from a typical unit trust and many factors will affect its performance. The market price per ETF unit could be significantly higher or lower than its net asset value per unit due to market demand and supply, liquidity, and scale of trading spread in the secondary market and will fluctuate during the trading day.
While the investment objective of an index-tracking ETF is to match, before expenses, as closely as practicable the performance of the underlying index, there can be no assurance that the performance of the index-tracking ETF will be identical to the performance of the underlying index.
Like other index-tracking funds, an ETF is not actively managed meaning that the fund manager does not have discretion to select stocks individually or to take defensive positions in declining markets. Hence, any fall in the underlying index will result in a corresponding fall in the value of the ETF. In addition, to the extent that the underlying index concentrates in the securities of a particular industry or group of industries, the performance of ETFs could be more volatile than the performance of less concentrated funds.
In respect of an ETF which invests in financial derivative instruments issued by counterparties, it is subject to the credit risk of such counterparties.
Before deciding whether or not to invest in an ETF, investors should consider if investment in the ETF is suitable for them in terms of their financial situation, investment experience and investment objectives. In addition, investors should avoid excessive investment in any single type of investment (in terms of its proportion in investors' overall investment portfolio) including any proposed investment in the relevant ETF so as to avoid their investment portfolio being over-exposed to any particular investment risk.
Investors should note that investment involves risks (including the possibility of loss of the capital invested), prices of ETF units may go up as well as down and past performance information presented is not indicative of future performance. Investors should read the offering documents of the relevant ETF (including the full text of the risk factors stated therein) in detail before making any investment decision.