中昊證券

ZH Securities
WikiStock Rating	⭐⭐⭐⭐
Account Minimum	Not Mentioned
Fees	1.8% of transaction value, with a minimum charge of USD 3.5 of brokerage commission for U.S. Securities, 0.25% of transaction value, with a minimum charge of HKD 50 brokerage commission for U.S. Securities for Hong Kong Securities, HKD 1.5 per lot of scrip fee and so on
Mutual Funds Offered	Not Mentioned
App/Platform	ZH Securities Limited Mobile Trading Software
Promotions	No
Customer Support	Phone, email, fax, online messaging, Facebook, Instagram, and Linkedin

ZH Securities Information

　　Zhonghao Securities Limited, established in Hong Kong in 2018 with a robust capital base of 10 million yuan, operates under the regulatory oversight of the SFC. Primarily focusing on stocks and funds, Zhonghao Securities provides expert securities opinions, private equity fund management, and specialized investment account services.



Pros & Cons of ZH Securities

Pros	Cons
Regulated by SFC	Complex Fees and Charges
Comprehensive Financial Services	Dependency on Online Platforms
User-Friendly Trading Software	Limited Securities Products
Diverse Market Information

Pros:

　　- Regulated by SFC: Zhonghao Securities operates under the oversight of the Securities and Futures Commission (SFC) in Hong Kong, ensuring compliance with regulatory standards and enhancing credibility.

　　- Comprehensive Financial Services: The firm offers a broad range of financial services, including securities opinions, private equity fund management, and specialized investment accounts.

　　- User-Friendly Trading Software: Their ZH Securities Limited Mobile Trading Software is designed to be intuitive, offering real-time trading, account management, and market monitoring capabilities.

　　- Diverse Market Information: Clients benefit from access to research reports, industry news, and real-time market information on their online platform.

Cons:

　　- Complex Fees and Charges: Zhonghao Securities has a complex fee structure that includes various charges such as transaction fees for Hong Kong securities. This complexity will be confusing for some clients and could potentially lead to higher costs if not fully understood.

　　- Dependency on Online Platforms: While their trading software is user-friendly, clients who are not comfortable with technology may find it challenging to fully utilize all features or troubleshoot issues independently.

　　- Limited Securities Products: The scope of securities products is limited, potentially restricting investment options for clients looking for a broader range of global market exposure beyond Hong Kong and U.S. securities.

Is ZH Securities Safe？

　　ZH Securities operates under the regulatory oversight of the Securities and Futures Commission (SFC) and holds License No. BOW474. The SFC, serving as a prominent financial regulator in an international financial hub like Hong Kong, is dedicated to enhancing and safeguarding the integrity and stability of the city's securities and futures markets. This commitment is driven by a dual objective of fostering investor protection and ensuring the overall health of the financial industry.

　　The SFC's regulatory framework is designed to uphold the highest standards of professionalism, transparency, and accountability within Hong Kong's financial markets. By enforcing stringent regulations and oversight practices, the SFC aims to create a level playing field for all market participants while maintaining investor confidence and trust.



What are Securities to Trade with ZH Securities？

　　ZH Securities primarily focuses on offering stocks and funds as part of its securities offerings:

　　- Stocks: ZH Securities allows clients to invest in publicly traded company shares, providing ownership stakes in those companies.

　　- Funds: The company offers various types of funds, which include mutual funds or exchange-traded funds (ETFs). These funds pool together investments from multiple clients to invest in a diversified portfolio of assets.

　　However, ZH Securities does not provide certain financial products such as bonds, options, and other derivatives.

ZH Securities Services Review

　　ZH Securities provides a range of specialized financial services:

　　- Securities Opinions: ZH Securities offers professional and impartial advice on securities trading, backed by industry analysis and economic trend forecasts. This service assists clients in making informed investment decisions across various financial instruments such as stocks and funds.

　　- Private Equity Fund Management: Known for hiring investment managers with strong performance track records, ZH Securities manages multiple private equity funds. These funds employ diverse investment strategies tailored to client risk preferences, aiming to achieve superior returns compared to the broader market.

　　- Special Investment Account Service: Designed for high-net-worth investors with liquid assets exceeding 8 million yuan, this service provides personalized one-on-one investment account management.



ZH Securities Fees Review

　　ZH Securities charges different types of fee items including general services & transaction charges for Hong Kong Securities, nominee services and corporate actions for Hong Kong Securities, other fees such as IPO subscription, custody fee and so on, and brokerage commission, SEC fee and so on for U.S. Securities .

General Service Fees & Transaction Charges for Hong Kong Securities

　　Brokerage Commission: 0.25% of transaction value, with a minimum charge of HKD 50.

　　Stamp Duty: 0.1% of the transaction value, rounded up to the nearest dollar.

　　Transaction Levy: 0.0027% of the transaction value.

　　Trading Fee: 0.00565% of the transaction value.

　　AFRC Transaction Levy: 0.00015% of the transaction value.

　　Settlement Fee: 0.003% of the transaction value, with a minimum of HKD 2 and a maximum of HKD 100.

　　Italian Financial Transaction Tax (IFTT): 0.1% of the average purchasing price.

Nominee Services and Corporate Actions for Hong Kong Securities

　　Scrip Fee: HKD 1.5 per lot.

　　Collection of Cash/Scrip Dividends: 0.50% of the dividend amount, with a minimum of HKD 30 and a maximum of HKD 2,500.

　　Collection of Bonus Shares: HKD 5 per lot, with a minimum of HKD 30 and a maximum of HKD 2,500.

　　Rights/Warrants/Covered Warrants Exercise Fees: HKD 5 per lot, with a minimum of HKD 30 and a maximum of HKD 2,500.

　　Cash Offers & Other Corporate Actions with Cash Consideration: 0.50% of the gross cash offer amount, with a minimum of HKD 30 and a maximum of HKD 2,500.

　　Corporate Action (Share split/Consolidation/Conversion): Waived.

Other Account Services

　　IPO Subscription: HKD 50 per transaction.

　　Custody Fee: HKD 30 per month.

　　Audit Confirmation: HKD 300 per confirmation.

　　Duplicate Statement Copy: HKD 30 per copy.

　　Physical Statement Delivery Charge: HKD 100 per month.

U.S. Securities

　　Brokerage Commission: 1.8% of transaction value, with a minimum charge of USD 3.5.

　　SEC Fee (for SELL trade only): 0.00278% of transaction value, with a minimum charge of USD 0.01.

　　Trading Activity Fee (for SELL trade only): USD 0.000166 per share, with a minimum charge of USD 0.01.

　　Settlement Fee: USD 0.003 per share, with a minimum charge of USD 0.01.

　　ADR Depository Fee: USD 0.02 to USD 0.05 per share.

　　ADR Annual Service Fee: USD 0.02 per share.

　　Electronic Withdrawal Fee: USD 30 per transaction.

ZH Securities Platforms Review

Fee Type	Rate/Charge	Minimum Charge	Maximum Charge
General Service Fees & Transaction Charges for Hong Kong Securities
Brokerage Commission	0.25%	HKD 50	No upper limit specified
Stamp Duty	0.1% (rounded up to nearest dollar)	None
Transaction Levy	0.0027%
Trading Fee	0.00565%
AFRC Transaction Levy	0.00015%
Settlement Fee	0.003%	HKD 2	HKD 100
Italian Financial Transaction Tax (IFTT)	0.1% of average purchasing price	None	None
Nominee Services and Corporate Actions for Hong Kong Securities
Scrip Fee	HKD 1.5 per lot	None	None
Collection of Cash/Scrip Dividends	0.50% of amount	HKD 30 RMB 30	HKD 2,500 RMB 2,500
Collection of Bonus Shares	HKD 5 RMB 5 per lot
Rights/WarrantsCovered Warrants Exercise Fees	HKD 5 RMB 5 per lot
Cash Offers & Other Corporate Actions with Cash Consideration	0.50% of gross cash offer amount	HKD 30	HKD 2,500
Other Account Services
IPO Subscription	HKD 50 per transaction
Custody Fee	HKD 30 per month
Audit Confirmation	HKD 300 per confirmation
Duplicate Statement Copy	HKD 30 per statement copy
Physical Statement Delivery Charge	HKD 100 per month
U.S. Securities
Brokerage Commission	1.8%	USD 3.5	None
SEC Fee (for SELL trade only)	0.00278%	USD 0.01
Trading Activity Fee (for SELL trade only)	USD 0.000166 per share	USD 0.01
Settlement Fee	USD 0.003 per share	USD 0.01
ADR Depository Fee	USD 0.02 to 0.05 per share	None
ADR Annual Service Fee	USD 0.02 per share	None
Electronic Withdrawal Fee	USD 30 per transaction

　　ZH Securities provides ZH Securities Limited Mobile Trading Software. On their official website, they provide a process for downloading and setting up. The step-by-step instructions, including QR code scanning for both the trading software and two-factor authentication software, make the initial setup process accessible even for less tech-savvy users. Once logged in, users can access the main features of the software, which include real-time trading, account management, and market monitoring.



Research & Education

　　ZH Securities offers research report, industry news, links including Hong Kong index, Hong Kong financial news, Hong Kong stocksU.S. stocks quotes, Top 20 Hong Kong stocks, IPO listing and A-H spread, and Securities Settlement Instruction.

　　- Research Reports: ZH Securities provides in-depth research reports that analyze various aspects of the financial markets. These reports likely cover sectors, specific companies, and economic trends to help clients make informed investment decisions.

　　- Industry News: The firm offers updates and insights into industry news, keeping clients informed about developments that could impact their investments. This includes news related to Hong Kong markets, financial trends, and global economic developments.

　　- Market Links: ZH Securities provides convenient access to important market indices and financial news related to Hong Kong and U.S. markets. This includes Hong Kong index updates, Hong Kong financial news, and quotes for Hong Kong and U.S. stocks.

　　- Top 20 Hong Kong Stocks: Clients can access information on the top 20 stocks in Hong Kong, which helps in identifying leading investment opportunities in the local market.

　　- IPO Listing and A-H Spread: The firm likely offers insights into Initial Public Offerings (IPOs), including upcoming listings and analysis. The A-H spread refers to the price difference between dual-listed Chinese companies in Hong Kong and mainland China, providing strategic information for investors.

　　- Securities Settlement Instruction: ZH Securities assists clients with securities settlement instructions, ensuring efficient and accurate processing of transactions.

Customer Service

　　Customers can visit their office or get in touch with customer service line using the information provided below:

　　Tel: +852 3797 6161Email

　　Email: support@zhonghao.com.hk

　　Fax: +852 3797 2662

　　Address: 931, 9th Floor, Ocean Centre, 5 Canton Road, Hong Kong, Kowloon, Tsim Sha Tsui

　　Moreover, clients could get in touch with this broker through the social media, such as Facebook, Instagram, and Linkedin.



　　ZH Securities offers online messaging as part of their trading platform. This allows traders to communicate with customer support or other traders directly through the platform.



Conclusion

　　Zhonghao Securities is a well-regulated firm operating under the SFC in Hong Kong. They offer comprehensive financial services tailored to meet the needs of both individual and institutional investors, supported by user-friendly trading software and a wealth of market information.

　　However, every investor should be aware of the complex fee structure. Overall, Zhonghao Securities presents an option for investors in Hong Kong looking for a reputable brokerage with a wide range of services and robust technological support.

Frequently Asked Questions (FAQs)

　　Is ZH Securities regulated？

　　Yes. It is regulated by SFC.

　　What types of securities can I invest in with ZH Securities？

　　You can trade stocks and funds.

　　What are platforms offered by ZH Securities？

　　It provides ZH Securities Limited Mobile Trading Software.

　　How can I contact ZH Securities？

　　You can contact via telephone: +852 3797 6161, email: support@zhonghao.com.hk, fax: +852 3797 2662 and contact form, or follow them on some social media: Facebook, Instagram, and Linkedin.

Risk Warning

　　The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.