I.Trading hour and matching rules of Hong Kong Securities market
Trading day: Monday to Friday (excluding public holidays)
Hong Kong Securities Market Trading Hour:

Reminder: Only At-auction Orders and At-auction Limit Orders can be entered into the trading system during the Pre-opening Session. Any unmatched AL will be continued in continuous trading session.

Above information is for reference only, final revision from HKEx shall prevail.

II.Way of order placement

1.Online trading:

Smart phone app:

Client may use Yat Lung GloBal for stock quote, online trading and account inquiry.

Website:

Client may go to our website to log-on Online trading general edition (Chinese only) for online trading, account inquiry and stock quote.

2.Through telephone:

Client may dial your account manager for stock trading or stock quote inquiry.

Ⅲ.Transaction and settlement

Settlement of the transaction will be on T+2, which means the second trading day after the trading day on which the transaction was completed.

IV.Order placement for off-trading hours

Reminders: Orders will be sent to market when trading resumes.

V.The reason why the order status is “Ready to send”

During Continuous Trading Session (09:30am - 12:00pm / 1:00pm - 4:00pm), if the order price is within 20 price spreads of nominal price, the order is routed to HKEx directly. If the order price exceeds 20 spreads, the order will be kept in our system and the order status is "Ready to send". In addition, we only accept the order price within 99 spreads of nominal price. If the price of buy order is within 21 and 99 spreads below the correlative price, the order will be kept in our system. The order status is "Ready to send". It will be routed to HKEx when the price is within 20 price spreads. If the price of sale order is within 21 and 99 spreads above the correlative price, the order will be kept in our system. The order status is "Ready to send". It will be routed to HKEx when the price is within 20 price spreads. 

VI.The reason why the order status is “Rejected”

1.When the order is shown “rejected”, it means that one has entered incorrect number of shares or wrong price so the order is automatically rejected by the HKEx system.

2.There is insufficient fund in one’s account so the order is rejected by our credit administrator.

Disclaimer: Investment involves risk. The price of stocks may move up or down. Losses may be incurred as well as profits made as a result of buying and selling stocks. Full details of the terms and conditions of the above services are available on request. For more information, please refer to HKEx Website

I. US stock exchange market and trading hours

1) US stock exchange market

i) New York Stock Exchange (NYSE);

ii) American Stock Exchange (AMEX);

iii) Nasdaq Stock Market (Nasdaq)

For trading Pink Sheet or OTCBB market, please contact your account manager

2) US stock trading hours

The pre-market trading hours are as follows:

Summer trading hours - 4:00 p.m. to 9:30 p.m. Hong Kong time

Winter trading hours - 5:00 p.m. to 10:30 p.m. Hong Kong time

Mid-day trading hours for US stocks are as follows:

Summer Session - 9:30pm - 4:00am Hong Kong time

Winter trading hours - 10:30pm - 5:00am Hong Kong time

Pre-Market Trading Tips for US Stocks<<<

3) Summer time, winter time and holidays

As the conversion time between winter and summer is different every year, our company will announce it online at the right time.

II. US stock trading method

1) Online trading:

Mobile phone:

View quotes, online transactions, account inquiries and share quotes through the "壹隆环球" app.

Website:

Customers can conduct online transactions, account inquiries and share quotations through our website's US online public version.

2) Telephone euphemism:

Customers can call the company's trader at (852) 3761-8828 to place an order.

III. Trading and settlement

1) US stock trading is not trading by lot but by shares. Customers can buy and sell at least 1 share.

2) The settlement date is two working days after the trading day (US trading day) (T+2).

IV. Trading restrictions

We do not accept any short-selling of US stock orders from customers.

Disclaimer:

Investment involves risks. The price of securities can go up or down. Buying and selling securities can bring losses, and not necessarily make a profit. Welcome to inquire about the terms and conditions of the above services. Investors who which to trade Microcap Stocks, please see information on Microcap Stocks including risks associated with such stocks on the SEC website: https://www.sec.gov/reportspubs/investor-publications/investorpubsmicrocapstockhtm.html

I、Characteristics of security margin financing

1.CMB International Securities Margin Financing Service allows you to enjoy more investment funds in the ever-changing securities market, improve your purchasing power, help you to grasp every investment opportunity and earn higher returns.

2.Provide a preferential margin loan interest rate, which is calculated on a daily basis based on the balance of the margin account.

3.For different securities, we will offer different mortgage rates.

4.Provides up to 70% of the market capitalization of additional funds to help you achieve higher returns with lower cost and high leverage.

II、Security margin financing information

Security margin financing service operation

* Note: Approved Securities Assets = Market Value of Approved Securities x Securities Mortgage Ratio

Mortgage-able securities list:

The mortgageable securities are securities listed in Hong Kong or the China or the United States. The latest list of CMB International's pledged securities and the corresponding securities mortgage ratio can be found in:

Note: The securities mortgage ratio and the list of mortgage-backed securities and securities mortgage ratio may change. Please keep an eye on the latest information on the list.

Security margin financing service handling fee

Note:

** For HKD: P is HSBC’s prime interest rate.

** For USD: P is HSBC’s prime interest rate.

** For RMB: P is Bank of China (Hong Kong)’s prime interest rate.

** Interest is calculated daily and debited at the end of each month. If the day is a bank holiday, we will debit on the previous working day.

Disclaimer: 

Investment involves risks. The price of securities can go up or down. Buying and selling securities can bring losses, and not necessarily make a profit. Welcome to inquire about the terms and conditions of the above services.