Funderstone

What is Funderstone？

　　Funderstone is a well-established financial services company based in Hong Kong, with 15-20 years in the industry and regulated by the SFC.

　　It offers a wide array of tradable securities, including securities and IPO financing, overseas stock trading, and futures trading. The company provides various financial services such as brokerage business, investment banking, asset management, private equity investment, and loan services.

　　Funderstone supports low-margin trading, starting at a 10% margin ratio, and facilitates new stock trading. Its fee structure includes a $5.00 commission per Transfer Deed. The firm operates the Funderstone Online Securities Trading platform and offers customer support through phone, fax, and email.

Regulatory Status

• 　　Funderstone Securities Limited is regulated by the Securities and Futures Commission (SFC) of Hong Kong under license number AAK018, effective from December 19, 2005.



• 　　Funderstone Futures Limited also holds a regulation license from the SFC, designated as AAD847, effective from the same date, December 19, 2005.



• 　　Funderstone Asset Management (HK) Limited is regulated under SFC license number ACD757, also effective from December 19, 2005.



Pros & Cons

Pros	Cons
Low Rates and Fees	Not 24/7 Customer Support
No Downloaded Trading Platform	No Promotion Rewards
Regulated by SFC	No Accessible Educational Resources
Multiple Tradable Assets
Various Services For Traders(Including Asset Management)

　　Pros:

　　Funderstone offers several advantages, including low rates and fees, making it cost-effective for traders. The company is regulated by the SFC, ensuring a reliable and secure trading environment. Additionally, Funderstone provides multiple tradable assets and a wide range of services for traders, including brokerage business, investment banking, asset management, private equity investment, and loan services.

　　Cons:

　　However, there are some drawbacks to consider. Funderstone does not offer 24/7 customer support, which may be inconvenient for traders needing assistance outside regular business hours. There are no promotion rewards available, and the lack of an accessible educational resource can be a limitation for those seeking to enhance their trading knowledge. Furthermore, the absence of a downloadable trading platform may be a disadvantage for traders who prefer this option.

Tradable Securities

　　Funderstone offers a diverse range of tradable securities and financial services that meet various investor needs:

• 　　Securities and IPO Financing: Clients can participate in initial public offerings (IPOs) either through full payment subscriptions or margin subscriptions. Additionally, margin financing transactions are available once a client opens a margin account.



• 　　Overseas Stock Trading: This service enables clients to invest in international stock markets, broadening their investment horizons and diversifying their portfolios.

• 　　Futures Trading: Funderstone provides opportunities for trading futures, allowing clients to speculate on or hedge against future price movements in various financial markets.



• 　　External Asset Management Services: The firm offers services to manage assets on behalf of clients, focusing on optimizing the income of global portfolios through strategic asset allocation.



• 　　Investment Banking: This includes corporate finance services, financial advising, capital markets activities, placements, block trades, and mergers and acquisitions, providing various financial advisory and transaction services.

• 　　Private Equity Investment: Funderstone invests in high-quality enterprises across various industries such as high-tech, manufacturing, health, and consumer sectors, aiming for long-term growth and mutual profitability.



• 　　Loan Services: The company offers loan services including property mortgages, SME loans, and structured product financing, providing tailored financial solutions to meet specific financing needs.



Services

　　Funderstone provides a various array of services tailored to meet various financial needs:

• 　　Brokerage Business: Offers brokerage services for buying and selling securities, helping clients navigate the stock markets effectively.

• 　　Securities and IPO Financing: Allows clients to apply for IPO subscriptions and engage in margin financing transactions, providing flexible investment options.

• 　　External Asset Management: Manages assets on behalf of clients, focusing on optimizing returns through strategic global asset allocation.

• 　　Online Securities Trading: Offers a digital platform for trading securities, facilitating convenient and efficient transactions.

• 　　Investment Banking: Includes corporate finance, financial advisory, and capital markets services, supporting companies through processes like IPOs, placements, and mergers and acquisitions.

• 　　Discretionary Investment Management: Manages clients' investments on a discretionary basis, aligning strategies with the clients risk tolerance and profitability objectives.

• 　　Fund Formation and Off-shore Fund Management: Assists in the creation and management of funds, focusing on off-shore investments for strategic diversification.

• 　　Family Office Services: Provides tailored financial services for managing family wealth, including investment management and planning.



Commissions and Fees

　　Funderstone charges fees in various aspects, including transfer deed fees, dividend collection fees, account service fees, and FPS withdrawal fees.

　　Overall, the fee structure is quite complex and relatively high, particularly for handling physical securities and corporate actions.

Service	Fee	Min (HK$)	Max (HK$)
Transfer Deed Stamp Duty	HK$5.00 per transfer deed	N/A	N/A
Share Registration (Scripless)	HK$3.00 per board lot	N/A	N/A
Share Registration (Physical Scrip)	HK$2.50 + HK$5.00 per certificate	N/A	HK$140.00
Dividend Collection	0.5% of dividend	HK$20.00	HK$10,000.00
Bonus Issue	HK$1.00 per board lot	HK$5.00	HK$200.00
Withdrawal of Shares (Physical)	HK$5.00 per board lot	HK$60 per stock	N/A
Corporate Actions	HK$1.00 per board lot	N/A	HK$10,000.00
Privatization and Take-over	HK$50.00 per transaction	N/A	N/A
Exercise Warrants & Rights	HK$50.00 per transaction	N/A	N/A
Dividend Claims	HK$500.00 per stock per claim	N/A	N/A
Account Service Fee	HK$20.00 per month	N/A	N/A
Duplicate Statement	HK$100.00 per copy	N/A	N/A
Transfer to Third Party	HK$200.00 per transaction	N/A	N/A
FPS Withdrawal	HK$10 per transaction	N/A	N/A
Bounced Cheque	HK$150.00 per cheque	N/A	N/A
Audit Confirmation/Reference Letter	HK$200.00 per confirmation/letter	N/A	N/A
Paper Statement Monthly Fee	HK$50 per month	N/A	N/A

• 　　Transfer Deed Stamp Duty: A flat fee of HK$5.00 is charged for each transfer deed, with no minimum or maximum limit specified.

• 　　Share Registration: For scripless shares, a scrip fee of HK$3.00 per board lot is charged. For physical scrips, the fee is HK$2.50 per certificate plus a handling fee of HK$5.00 per certificate, with a maximum charge of HK$140.00.

• 　　Dividend Collection: Charges for dividend collection are 0.5% of the dividend received, with a minimum fee of HK$20.00 and a maximum fee of HK$10,000.00.

• 　　Bonus Issue: For collecting bonus shares, a fee of HK$1.00 per board lot is charged based on existing holdings, with charges ranging from a minimum of HK$5.00 to a maximum of HK$200.00.



• 　　Withdrawal of Shares: For physical share withdrawals, a fee of HK$5.00 per board lot is charged, with a flat fee of HK$60 per stock for handling. Settlement Instructions (SI) and Investor Settlement Instructions (ISI) both have a fee of 0.01% of total consideration per transaction, with a handling charge of HK$200 per stock and a minimum charge of HK$60 per stock.

• 　　Corporate Actions: A fee of HK$1.00 per board lot is charged for participating in corporate actions, with no charge for stock consolidation and splits, and a maximum charge of HK$10,000.00.

• 　　Privatization and Take-over: A flat fee of HK$50.00 is charged per transaction for services related to privatization and take-overs.

• 　　Exercise of Warrants & Rights Subscription: A charge of HK$50.00 per transaction is applied, with an additional scrip fee of HK$3.00 per board lot if the rights or derivatives are acquired from the market at the time of exercise.



• 　　Dividend Claims: For claiming overdue dividends, a hefty fee of HK$500.00 per stock per claim is charged.

• 　　Account Service Fee: A monthly service fee of HK$20.00 is levied, charged on the last trading day of the month.

• 　　Duplicate Statement: Each copy of a duplicate statement incurs a charge of HK$100.00.

• 　　Transfer or Payment to a Third Party: Each transaction involving a transfer or payment to a third party is charged at HK$200.00.



• 　　FPS Withdrawal: A fee of HK$10 per transaction is applied for FPS withdrawals, irrespective of the amount.

• 　　Bounced Cheque: A penalty of HK$150.00 is charged for each bounced cheque.

• 　　Audit Confirmation and Reference Letter: Both services are charged at HK$200.00 per confirmation or letter.

• 　　Paper Statement Service Monthly Fee: A recurring fee of HK$50 per month is charged for paper statement services.



Platforms

　　Funderstone Securities Holdings Limited offers a convenient online securities trading platform that provides customers with real-time quotes and mobile trading capabilities.

　　Clients can access the web trading platform through designated links to conduct their online transactions smoothly and efficiently. Additionally, for trading on-the-go, Funderstone also supports transactions via a dedicated mobile app, allowing users to manage their investments directly from their smartphones.

　　This multi-access approach ensures that clients can engage with the markets and manage their portfolios from virtually anywhere, enhancing the flexibility and accessibility of trading activities.



Customer Service

　　Funderstone Securities Holdings Limited provides various channels for customer support to assist with registration or securities investment queries.

　　Clients can contact the company directly at their office located at Room 1802, Capital Centre, No. 151 Gloucester Road, Wanchai, Hong Kong. For immediate assistance, customers can call the telephone number (852) 2845-7711 or send a fax to (852) 2845-2119.

　　Additionally, inquiries can also be addressed via email at enquiries@funderstonesec.com, ensuring a various support system that accommodates different communication preferences.



Conclusion

　　Funderstone Securities Holdings Limited offers a robust and accessible online securities trading platform, complemented by real-time quotes and mobile trading capabilities.

　　Located in Wanchai, Hong Kong, Funderstone provides various financial services, including brokerage, asset management, and investment banking, tailored to the needs of diverse clients.

　　The firm ensures client support through multiple communication channels and has streamlined the investment process with its advanced trading tools, ensuring an efficient and user-friendly trading experience.

FAQs

　　Question: How can I access Funderstone's online trading platform？

　　Answer: You can access the online trading platform through the web trading link provided on our website, or via our mobile app for trading on-the-go.

　　Question: What is the contact number for Funderstone Securities？

　　Answer: The contact number is (852) 2845-7711.

　　Question: Where is Funderstone Securities located？

　　Answer: Our office is located at Room 1802, Capital Centre, No. 151 Gloucester Road, Wanchai, Hong Kong.

　　Question: Can I trade securities on my mobile device with Funderstone？

　　Answer: Yes, Funderstone offers a mobile trading app that allows you to manage and execute trades directly from your smartphone.

　　Question: How can I contact Funderstone Securities for investment inquiries？

　　Answer: You can contact us via email at enquiries@funderstonesec.com, or by phone or fax using the numbers provided on our website.