Overseas Equities
CMS (HK) provides overseas stock markets online trading services, allowing clients to trade securities products, via one account, in 12 different markets, including U.S., Canada, Australia, and Asian markets such as Japan, Singapore, and Taiwan, etc.. Our online trading platform is user-friendly, which provides market quotes from different countries and offers real-time quotes for U.S. and Singapore markets. During designated trading sessions**, clients can access their accounts online to convert HK dollars into U.S. dollars for trading overseas stocks and convert the remaining balance in the account back into HK dollars at the same exchange rate without any costs, avoiding foreign exchange risks and losses.

Investing in overseas stock markets allows clients to diversify investment risks and enables clients to invest in renowned multinational companies, as well as China concept stocks. For example, many Chinese companies with high investment values are listed on New York Stock Exchange, NASDAQ Stock Market, and other Overseas Markets. These companies are subjected to stringent regulations and have high transparency, high liquidity, and high trading volume, which relieve investors’ risk concerns. Overseas stock markets also provide flexible trading hours; for instance, trading hours of the U.S. market are Beijing time 21:30 to 04:00 (during summer time) and 22:30 to 05:00 (during winter time), which provide investors with opportunities to utilize their time to capture investments worldwide.

If you are interested in investing in the U.S. and other overseas stock markets, please click the link below to login http://www.newone.com.hk/cmshk/hwlogin.html or contact your Account Manager for further information. For Account Opening, please call (852)3189-6368/(852)3189-6255 for making appointment.

** Beijing Time 21:00 to 5:00
Trading Hours Trading currency
Settlement currency
Settlement time
Earliest time of accepting orders
DMA / Non-DMA Levy / Exchange Fee
Japan (Morning session) 08:00 - 10:30
(Afternoon session)11:30 - 14:00
Yen
HKD/USD
T + 3
After market close 16:00
DMA ---
Singapore (Pre-open session) 08:30 – 08:59
(Continuous session)09:00 - 17:00
(Off-market trade)17:00 - 17:05
SGD
HKD/USD
T + 2
After market close 18:15
DMA Clearance fee:0.04%
Exchange fee:0.0075%
Taiwan (Continuous session) 09:00 – 13:30
(Odd-lot session)13:40 – 14:30
(Off-market trade session)14:00 – 14:30
(OTC session)09:00 – 15:00
NWD
HKD/USD
T + 2
After market close 18:00
Non-DMA VAT:0.3%(Sell side)
Korea 08:00 - 13:50
13:50 - 14:00
Won
HKD/USD
T + 2
After market close 16:00
Non-DMA VAT:0.3%(Sell side)
Australia 07:00 - 13:00(Summer time)
08:00 - 14:00(Winter time)
AUD
HKD/USD
T + 2
After market close 16:00
Non-DMA ---
United States 21:30 - 04:00(Summer time)
22:30 - 05:00(Winter time)
USD
HKD/USD
T + 2
After market close 08:00
DMA
(except OTC market)
SEC fee : 0.00207% (Sell side)
ADR fee: USD 0.01 - 0.05 (per lot)
United Kingdom (SETS) 15:00 - 23:30 (Summer time)
(SETSqx, AIM) 16:00 - 23:30 (Summer time)
(SETS) 16:00 - 00:30 (Winter time)
(SETSqx, AIM) 17:00 - 00:30 (Winter time)
GBP
HKD/USD
T + 2
After market close 08:00
Non-DMA Stamp duty:0.5%(Buy side)
Exchange fee:GBP 1 (per order)
Overseas exchange website
Japan The Tokyo Stock Exchange
Osaka Securities Exchange
JASDAQ Securities Exchange
http://www.tse.or.jp/english/index.html
http://www.ose.or.jp/e/jasdaq
http://www.ose.or.jp/e/
Singapore Singapore Stock Exchange http://www.sgx.com/
Taiwan Taiwan Stock Exchange Corporation http://www.twse.com.tw/
South Korea Korea Exchange  http://www.krx.co.kr/
Australia Australian Securities Exchange http://www.asx.com.au/
US The NASDAQ Stock Exchange
The New York Stock Exchange
http://www.nasdaq.com/
http://www.nyse.com/
UK London Stock Exchange http://www.londonstockexchange.com/
Japan
Trading Hours
(Morning session) 08:00 - 10:30
(Afternoon session)11:30 - 14:00
Trading currency
Yen
Settlement currency
HKD/USD
Settlement time
T + 3
Earliest time of accepting orders
After market close 16:00
DMA / Non-DMA
DMA
Levy / Exchange Fee
---
Overseas exchange website
The Tokyo Stock Exchange
http://www.tse.or.jp/english/index.html
Osaka Securities Exchange
http://www.ose.or.jp/e/jasdaq
JASDAQ Securities Exchange
http://www.ose.or.jp/e/
Singapore
Trading Hours
(Pre-open session) 08:30 – 08:59
(Continuous session)09:00 - 17:00
(Off-market trade)17:00 - 17:05
Trading currency
SGD
Settlement currency
HKD/USD
Settlement time
T + 2
Earliest time of accepting orders
After market close 18:15
DMA / Non-DMA
DMA
Levy / Exchange Fee
Clearance fee:0.04%
Exchange fee:0.0075%
Overseas exchange website
Singapore Stock Exchange
http://www.sgx.com/
Taiwan
Trading Hours
(Continuous session) 09:00 – 13:30
(Odd-lot session)13:40 – 14:30
(Off-market trade session)14:00 – 14:30
(OTC session)09:00 – 15:00
Trading currency
NWD
Settlement currency
HKD/USD
Settlement time
T + 2
Earliest time of accepting orders
After market close 18:00
DMA / Non-DMA
Non-DMA
Levy / Exchange Fee
VAT:0.3%(Sell side)
Overseas exchange website
Taiwan Stock Exchange Corporation
http://www.twse.com.tw/
Korea
Trading Hours
08:00 - 13:50
13:50 - 14:00
Trading currency
Won
Settlement currency
HKD/USD
Settlement time
T + 2
Earliest time of accepting orders
After market close 16:00
DMA / Non-DMA
Non-DMA
Levy / Exchange Fee
VAT:0.3%(Sell side)
Overseas exchange website
Korea Exchange 
http://www.krx.co.kr/
Australia
Trading Hours
07:00 - 13:00(Summer time)
08:00 - 14:00(Winter time)
Trading currency
AUD
Settlement currency
HKD/USD
Settlement time
T + 2
Earliest time of accepting orders
After market close 16:00
DMA / Non-DMA
Non-DMA
Levy / Exchange Fee
---
Overseas exchange website
Australian Securities Exchange
http://www.asx.com.au/
United States
Trading Hours
21:30 - 04:00(Summer time)
22:30 - 05:00(Winter time)
Trading currency
USD
Settlement currency
HKD/USD
Settlement time
T + 2
Earliest time of accepting orders
After market close 08:00
DMA / Non-DMA
DMA
(except OTC market)
Levy / Exchange Fee
SEC fee : 0.00207% (Sell side)
ADR fee: USD 0.01 - 0.05 (per lot)
Overseas exchange website
The NASDAQ Stock Exchange
http://www.nasdaq.com/
The New York Stock Exchange
http://www.nyse.com/
United Kingdom
Trading Hours
(SETS) 15:00 - 23:30 (Summer time)
(SETSqx, AIM) 16:00 - 23:30 (Summer time)
(SETS) 16:00 - 00:30 (Winter time)
(SETSqx, AIM) 17:00 - 00:30 (Winter time)
Trading currency
GBP
Settlement currency
HKD/USD
Settlement time
T + 2
Earliest time of accepting orders
After market close 08:00
DMA / Non-DMA
Non-DMA
Levy / Exchange Fee
Stamp duty:0.5%(Buy side)
Exchange fee:GBP 1 (per order)
Overseas exchange website

All information contained herein is for reference only. For further information, please refer to the above overseas exchanges’ websites.

If there is any inconsistency or ambiguity between the Chinese and English versions, the English version shall prevail.