Score
https://www.hungsing.org/tc/
Website
Influence
C
Influence Index NO.1
Products
5
Securities Lending Fully Paid、Investment Advisory Service、Stocks、ETFs、Mutual Funds
Obtain 2 securities license(s)
SFCRegulated
China Hong Kong Securities Trading License
SFCRegulated
China Hong Kong Fund Management License
Owns 1 seat(s)
China Hong Kong HKEX
Seat No. 01470
More
Company Name
HUNG SING SECURITIES LIMITED
Abbreviation
鴻昇金融集團
Platform registered country and region
Company address
Company website
https://www.hungsing.org/tc/Check whenever you want
WikiStock APP
Rules: The data displayed is the downloads of the APP in one year before current time.
Others
399100.00%Rules: The data is displayed as the downloads and regional share of the APP in one year before current time.
Commission Rate
0.25%
Funding Rate
3%
New Stock Trading
Yes
Margin Trading
YES
Hung Sing Group | |
WikiStock Rating | ⭐⭐⭐ |
Fees | Basic commission: 0.25% (min. HKD 100) |
Mutual Funds Offered | No |
App/Platform | Online trading platform |
Hongsheng Financial Group is a well-established player in the Hong Kong financial market with a strong shareholder background. Holding relevant licenses from the Hong Kong Securities and Futures Commission, the company offers a range of financial services, including securities brokerage, asset management, and customized structured financing solutions.
With a focus on providing comprehensive financial solutions and value-added services, Hongsheng Financial Group invites interested individuals to explore collaboration opportunities and contribute to its future growth.
Pros | Cons |
Diverse Security Offerings | Limited International Reach |
Account Variety | |
Research and Education |
Diverse Security Offerings: Hung Sing Group provides access to a wide array of securities, including stocks, bonds, and possibly derivatives.
Account Variety: The Hung Sing Group offers different types of accounts to suit individual investor preferences, such as individual, joint, and retirement accounts.
Research and Education: The Hung Sing Group emphasizes the importance of investor education, offering resources and research materials to help clients make informed investment decisions.
ConsLimited International Reach: Hung Sing Group's services are primarily focused on a specific region, limiting its accessibility to international or global investors.
Hung Sing Group offers a range of services including securities financing and capital intermediary services, trading and custody services, asset management, and insurance brokerage business.
The securities financing and capital intermediary services provided by the Group involve facilitating the borrowing and lending of securities, as well as serving as an intermediary for capital transactions.
Trading and custody services include executing trades on behalf of clients and safeguarding their assets.
Asset management involves managing and advising on investment portfolios to help clients achieve their financial goals.
Furthermore, the Group engages in insurance brokerage business, where it acts as an intermediary between clients and insurance providers to help clients secure suitable insurance coverage.
Hung Sing Groupoffers a transparent fee structure with some attractive features, such as negotiable commission and low transaction levy. However, the relatively high basic commission and stamp duty could be a consideration for some investors.
Below are some of the major charges:
Serve | Toll |
Basic Commission | 0.25% (min. HKD 100) or negotiated between client and broker |
Stamp Duty (collected on behalf of the Hong Kong Inland Revenue Department) | 0.1% of each transaction amount (amounts less than $1 will be rounded up to $1) |
Transaction Levy (collected on behalf of the Securities and Futures Commission) | 0.0027% of each transaction amount |
Hong Kong Exchanges and Clearing Limited (HKEX) Trading Fee | 0.00565% of each transaction amount (rounded to the nearest cent) |
FRC Transaction Levy (collected on behalf of the Financial Reporting Council) | 0.00015% of each transaction amount (rounded to the nearest cent) |
Payment Fee | 0.004% of each transaction amount (min. HKD 5, max. HKD 500) |
Hung Sing Group provides stock news commentary as a resource for research and education purposes. This service offers insights and analysis on the latest trends and developments in the stock market, serving as a valuable tool for individuals seeking to stay informed about investment opportunities. Through these commentaries, Hung Sing Group seeks to enhance the understanding of market dynamics and support investors in making informed decisions.
Clients can reach out to Hung Sing Group through various channels.
Hung Sing Group serves as a viable option for investors looking for a securities provider with a broad range of offerings and a focus on education. However, potential clients should carefully consider the fee structure and the level of customer service provided, as these factors can significantly impact the overall investment experience. While the Hung Sing Group has its strengths, it also faces challenges that may affect client satisfaction and investment performance. As with any financial decision, it is advisable for investors to conduct thorough research and compare Hung Sing Group with other providers before making a commitment.
What services does Hung Sing Group offer?
Securities financing, asset management, trading services, and insurance brokerage.
How can I contact Hung Sing Group?
You can contact them through telephone, social media platforms like WhatsApp and WeChat, and by visiting their physical address in Hong Kong.
What regulatory authority oversees Hung Sing Group?
It operates under the regulatory oversight of the China Hong Kong Securities and Futures Commission (SFC).
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.
Registered region
China Hong Kong
Years in Business
More than 20 year(s)
Products
Securities Lending Fully Paid、Investment Advisory Service、Stocks、ETFs、Mutual Funds
No ratings
Score
Score
Score
Score
Score
Score
Score
Score
Score
Score