Personal Banking
Monthly Stocks Savings Plan
“Monthly Stocks Savings Plan” is a flexible and convenient investment tool, enabling you to invest in a number of selected stocks with a monthly contribution amount of as low as HKD/CNY1,000. By leveraging on the advantage of “Dollar Cost Averaging”, you can be freed from the short term volatility of the stock market while balancing overall investment effectiveness.
Low contribution amount
According to your own preference, you can invest in selected stocks provided by NCB. The minimum monthly contribution is as low as HKD/CNY1,000 (A maximum of two stocks can be invested with a monthly contribution amount of HKD/CNY1,000. For each additional stock, any additional contribution may be made in integral multiples of HKD/CNY500).
For example:
| Maximum number of stock(s) invested | Minimum monthly investment amount |
|---|---|
|
2 |
HKD/CNY1,000 |
|
3 |
HKD/CNY1,500 |
|
4 |
HKD/CNY2,000 |
Preferential transaction fee
A maximum of 20 stocks can be selected in each plan. A handling fee equivalent to 0.25% of the total monthly contribution amount is charged for each plan. And the minimum charge is HKD/CNY50 per month (including brokerage fee, stamp duty, transaction levy and transaction charge). You can also enjoy waivers on safe custody and collection fees of shareholder entitlements (e.g. dividend) to save more.
Selling odd lot stocks at market price with more flexibility
You can sell any stocks maintained in the plan at market price (even if the number of shares is less than one lot) to enjoy a higher return. What’s more, you can adjust the monthly contribution amount or the stock portfolio according to your investment needs without handling charges, grasping every investment opportunity with greater flexibility.
Balancing overall investment effectiveness by Dollar Cost Averaging
The advantage of “Monthly Stocks Savings Plan” is based on the concept of “Dollar Cost Averaging”. You can acquire more shares when the stock price goes down and less shares when the stock price goes up. With this long term investment strategy, you do not have to worry about short term market fluctuations, but with more balanced overall investment effectiveness.
Example (HKD example for reference only)
| Contribution Month | Contribution Amount (HK$) |
Contribution Amount After Deducting Transaction Fee (HK$) |
Purchase Price per Share(HK$) |
Number of Shares Bought | Net Contribution
Amount (HK$) |
|---|---|---|---|---|---|
|
January |
1,000 |
950 |
15.38 |
61 |
938.18 |
|
February |
1,000 |
950 |
17.24 |
55 |
948.20 |
|
March |
1,000 |
950 |
16.70 |
56 |
935.20 |
|
April |
1,000 |
950 |
17.50 |
54 |
945.00 |
|
Total |
3,766.58 |
||||
| Average cost per unit (HK$) | =Net contribution amount÷Total units bought |
| =3,766.58÷226 | |
| =16.67 |
Selected Stocks (Subject to announcement by the Bank from time to time)
Up to 190 selected stocks for your selection!
| Stock Code | Stock Name | Stock Code | Stock Name |
|---|---|---|---|
|
00001 |
CKH HOLDINGS |
01114 |
BRILLIANCE CHI |
|
00002 |
CLP HOLDINGS |
01128 |
WYNN MACAU |
|
00003 |
HK & CHINA GAS |
01157 |
ZOOMLION |
|
00004 |
WHARF HOLDINGS |
01171 |
YANZHOU COAL |
|
00005 |
HSBC HOLDINGS |
01177 |
SINO BIOPHARM |
|
00006 |
POWER ASSETS |
01186 |
CHINA RAIL CONS |
|
00008 |
PCCW |
01193 |
CHINA RES GAS |
|
00011 |
HANG SENG BANK |
01199 |
COSCO SHIP PORT |
|
00012 |
HENDERSON LAND |
01211 |
BYD COMPANY |
|
00014 |
HYSAN DEV |
01288 |
ABC |
|
00016 |
SHK PPT |
01299 |
AIA |
|
00017 |
NEW WORLD DEV |
01313 |
CHINARES CEMENT |
|
00019 |
SWIRE PACIFIC A |
01336 |
NCI |
|
00023 |
BANK OF E ASIA |
01339 |
PICC GROUP |
|
00027 |
GALAXY ENT |
01347 |
HUA HONG SEMI |
|
00066 |
MTR CORPORATION |
01359 |
CHINA CINDA |
|
00083 |
SINO LAND |
01398 |
ICBC |
|
00097 |
HENDERSON INV |
01658 |
PSBC |
|
00101 |
HANG LUNG PPT |
01766 |
CRRC |
|
00119 |
POLY PROPERTY |
01776 |
GF SEC |
|
00123 |
YUEXIU PROPERTY |
01800 |
CHINA COMM CONS |
|
00135 |
KUNLUN ENERGY |
01810 |
XIAOMI-W |
|
00144 |
CHINA MER PORT |
01816 |
CGN POWER |
|
00151 |
WANT WANT CHINA |
01876 |
BUD APAC |
|
00165 |
CHINA EB LTD |
01898 |
CHINA COAL |
|
00168 |
TSINGTAO BREW |
01918 |
SUNAC |
|
00175 |
GEELY AUTO |
01919 |
COSCO SHIP HOLD |
|
00177 |
JIANGSU EXPRESS |
01928 |
SANDS CHINA LTD |
|
00200 |
MELCO INT’L DEV |
01929 |
CHOW TAI FOOK |
|
00241 |
ALI HEALTH |
01972 |
SWIREPROPERTIES |
|
00257 |
EB ENVIRONMENT |
01988 |
MINSHENG BANK |
|
00267 |
CITIC |
01997 |
WHARF REIC |
|
00268 |
KINGDEE INT’L |
02007 |
COUNTRY GARDEN |
|
00270 |
GUANGDONG INV |
02018 |
AAC TECH |
|
00285 |
BYD ELECTRONIC |
02020 |
ANTA SPORTS |
|
00288 |
WH GROUP |
02038 |
FIH |
|
00291 |
CHINA RES BEER |
02202 |
CHINA VANKE |
|
00293 |
CATHAY PAC AIR |
02238 |
GAC GROUP |
|
00322 |
TINGYI |
02269 |
WUXI BIO |
|
00323 |
MAANSHAN IRON |
02282 |
MGM CHINA |
|
00330 |
ESPRIT HOLDINGS |
02313 |
SHENZHOU INTL |
|
00338 |
SHANGHAI PECHEM |
02318 |
PING AN |
|
00347 |
ANGANG STEEL |
02319 |
MENGNIU DAIRY |
|
00358 |
JIANGXI COPPER |
02328 |
PICC P&C |
|
00363 |
SHANGHAI IND H |
02331 |
LI NING |
|
00371 |
BJ ENT WATER |
02333 |
GREATWALL MOTOR |
|
00384 |
CHINA GAS HOLD |
02338 |
WEICHAI POWER |
|
00386 |
SINOPEC CORP |
02380 |
CHINA POWER |
|
00388 |
HKEX |
02382 |
SUNNY OPTICAL |
|
00390 |
CHINA RAILWAY |
02388 |
BOC HONG KONG |
|
00392 |
BEIJING ENT |
02600 |
CHALCO |
|
00405 |
YUEXIU REIT |
02601 |
CPIC |
|
00489 |
DONGFENG GROUP |
02628 |
CHINA LIFE |
|
00506 |
CHINA FOODS |
02638 |
HKELECTRIC-SS |
|
00656 |
FOSUN INTL |
02688 |
ENN ENERGY |
|
00669 |
TECHTRONIC IND |
02689 |
ND PAPER |
|
00688 |
CHINA OVERSEAS |
02727 |
SH ELECTRIC |
|
00694 |
BEIJING AIRPORT |
02777 |
R&F PROPERTIES |
|
00700 |
TENCENT |
02800 |
TRACKER FUND |
|
00728 |
CHINA TELECOM |
02822 |
CSOP A50 ETF |
|
00753 |
AIR CHINA |
02823 |
ISHARES A50 |
|
00762 |
CHINA UNICOM |
02827 |
WISE CSI300 ETF |
|
00763 |
ZTE |
02828 |
HSCEI ETF |
|
00772 |
CHINA LIT |
02833 |
HS HSI ETF |
|
00788 |
CHINA TOWER |
02866 |
COSCO SHIP DEV |
|
00813 |
SHIMAO GROUP |
02883 |
CHINA OILFIELD |
|
00817 |
CHINA JINMAO |
02888 |
STANCHART |
|
00823 |
LINK REIT |
02899 |
ZIJIN MINING |
|
00836 |
CHINA RES POWER |
03188 |
CAM CSI300 |
|
00857 |
PETROCHINA |
03320 |
CHINARES PHARMA |
|
00880 |
SJM HOLDINGS |
03323 |
CNBM |
|
00883 |
CNOOC |
03328 |
BANKCOMM |
|
00884 |
CIFI HOLD GP |
03333 |
EVERGRANDE |
|
00902 |
HUANENG POWER |
03383 |
AGILE GROUP |
|
00914 |
CONCH CEMENT |
03690 |
MEITUAN-W |
|
00916 |
CHINA LONGYUAN |
03888 |
KINGSOFT |
|
00939 |
CCB |
03898 |
CRRC TIMES ELEC |
|
00941 |
CHINA MOBILE |
03908 |
CICC |
|
00945 |
MANULIFE-S |
03968 |
CM BANK |
|
00960 |
LONGFOR GROUP |
03988 |
BANK OF CHINA |
|
00966 |
CHINA TAIPING |
03993 |
CMOC |
|
00981 |
SMIC |
06030 |
CITIC SEC |
|
00991 |
DATANG POWER |
06060 |
ZA ONLINE |
|
00992 |
LENOVO GROUP |
06098 |
CG SERVICES |
|
00998 |
CITIC BANK |
06618 |
JD HEALTH |
|
01024 |
KUAISHOU-W |
06808 |
SUNART RETAIL |
|
01038 |
CKI HOLDINGS |
06823 |
HKT-SS |
|
01044 |
HENGAN INT’L |
06837 |
HAITONG SEC |
|
01055 |
CHINA SOUTH AIR |
06881 |
CGS |
|
01066 |
WEIGAO GROUP |
06886 |
HTSC |
|
01088 |
CHINA SHENHUA |
09618 |
JD-SW |
|
01093 |
CSPC PHARMA |
09988 |
BABA-SW |
|
01099 |
SINOPHARM |
09999 |
NTES-S |
|
01109 |
CHINA RES LAND |
82822 |
CSOP A50 ETF-R |
|
01113 |
CK ASSET |
83188 |
CAM CSI300-R |
For further information, please visit any of our branches or call our enquiry hotline at (852)2616 6628
-
To set up a “Monthly Stocks Savings Plan”, customers must have a securities account. Customers can at most set up one “Monthly Stocks Savings Plan” with its contribution paid through securities settlement account for each securities account.
-
If the required contribution amount could not be debited by Nanyang Commercial Bank, Ltd (the “Bank”) from the customer’s securities settlement account for three consecutive months, the Bank will have the right to terminate the relevant plan without prior notice.
-
Change in the number of stocks or monthly contribution amount will not affect the calculation of Consecutive Contribution Period.
-
Unless otherwise specified, the contribution day of the “Monthly Stocks Savings Plan” is on the tenth day of each month. If such day is not a stock trading day, contribution day will fall on the next stock trading day.
-
Transaction day is the next one or two stock trading day (or as soon as practicable thereafter) after the contribution day. Adding new plan(s) is/are not accepted on the transaction day or the next stock trading day after the transaction day.
-
A maximum of 20 stocks can be selected under the same plan.
-
To adjust the contribution amount or the stock portfolio, the customer is required to place instruction through any branches or Mobile Banking of the Bank 3 business days before the next transaction day.
-
The first successful contribution month and the number of consecutive contribution months are determined in accordance with the Bank’s records.
-
The above products and services are subject to relevant terms and conditions. For details, please contact the staff of the Bank.
-
The Bank reserves the right to amend, suspend and terminate the above products and services, and to amend the relevant terms and conditions at any time at its sole discretion without prior notice.
-
In case of any dispute(s), the decision of the Bank shall be final.
-
In case of any discrepancy(ies) between the Chinese and English version of these terms and conditions, the Chinese version shall prevail.
- RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into HKD or other foreign currencies.
- (Only applicable to Individual Customers) RMB is currently not fully freely convertible. Individual customers can be offered CNH rate to conduct conversion of RMB through bank accounts and may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance.
- (Only applicable to Corporate Customers) RMB is currently not fully freely convertible. Corporate customers that intend to conduct conversion of RMB through banks may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance.
The following risk disclosure statements cannot disclose all the risks involved. You should undertake your own research and study before you trade or invest. You should carefully consider whether trading or investment is suitable in light of your own financial position and investment objectives. You are advised to seek independent financial and professional advice before you trade or invest. You should seek independent professional advice if you are uncertain of or have not understood any aspect of the following risk disclosure statements or the nature and risks involved in trading or investment.
The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities.