Preferential Interest Rate
Wealth Link offers Preferential Interest Rate and Margin Loan Interest Rate, It will only be charged on the daily outstanding debit balance in the Share Margin Settlement Account, the interest rate per annum can be as low as Prime Rate – 1%.
Enhance Buying Power
The margin ratio is 40% - 62% of marginable stocks which provides you up to 62% extra funds to buy marginable stocks. No minimum monthly repayment amount is required.
Buying Method
Special staff to answer the securities hotline
Instant Order Confirmation Service
Latest order execution results will be informed to you by phone
Margin Call / Force-sale
If the price of your marginable stock falls and the Margin Loan-to-Value Ratio reaches:
- 62% to less than 70%, we informed of your margin position by phone;
- 70% or above, the we will force to sell customer’s stock without prior notice and phone to inform you about the force-sale status of the stock.
For more information, please call 3187 7777 during office hours or visit our office.
Margin Ratio Table
Frequently Asked Questions
Notes:
- Prime Rate refers to the Hong Kong Dollar Prime Lending Rate as quoted by bank from time to time. Wealth Link reserves the right to revise margin loan interest rates from time to time. All shares purchased through the margin trading account (whether purchased with margin lending facility or not) will be used as collateral.
- Wealth Link reserves the right to revise the list of marginable stocks and the margin ratios from time to time.
- Instant Order Confirmation Service is only available to local phone numbers issued by telecom companies in Hong Kong. Once the Instant Order Confirmation Service is applied and taken effect, you will be notified through this service of the execution results of your purchase / sale orders for local securities and IPO subscription allotment result. Customers are responsible for any fees and charges which may be levied by the relevant telecom company from time to time.
- Wealth Link will perform at least 4 real-time stock revaluations every day to calculate the Margin Loan-to-Value Ratio to determine whether customers require to cover the excess.
Formula for calculation of Margin Loan-to-Value Ratio: Margin Loan ÷ Total Market Value of your Marginable Stocks
If Margin Loan-to-Value Ratio rises to 70% or above, Wealth Link reserves the right to sell customer's securities without prior notice in order to restore the original margin ratio.
Wealth Link will calculate the Margin Loan-to-Value Ratio based on customer's available balance. It is recommended that customers should deposit cash into their settlement accounts when a reminding margin call is received.
Example:
If your margin loan is HKD50,000 and the market value of your marginable stocks is HKD100,000, the Margin Loan-to-Value Ratio is 50,000 ÷ 100,000, i.e. 50%.
Suppose the market value of your marginable stocks falls to HKD70,000, your Margin Loan-to-Value Ratio increases to 71.4% and Wealth Link has the right to sell your securities in order to restore the original Margin Loan-to-Value Ratio - Share Margin Account is only available to customers with Hong Kong residential and correspondence addresses.
Important Note:
Wealth Link Share Margin Services are provided subject to the Terms and Conditions for Share Margin Services. Particulars of the Services shall be subject to the said Terms and Conditions.