京華山一

Core Pacific Yamaichi Information

　　Core Pacific Yamaichi International (Hong Kong) Limited is a regulated financial services provider offering a diverse range of trading options, including Hong Kong stocks, ETFs, and global futures, supported by a user-friendly mobile app and robust security measures. However, some users might find the fees relatively high and the account opening process complex.

Pros and Cons of Core Pacific Yamaichi

　　Core Pacific Yamaichi International (Hong Kong) Limited offers a robust and versatile trading platform with a variety of securities and flexible account options. They ensure safety through SFC regulation, insurance schemes, and advanced security measures. However, some fees can be high, and the account opening process might be cumbersome for some users. Additionally, customer support availability and response times could be improved.

　　Core Pacific Yamaichi offers a comprehensive trading environment with a wide range of securities and strong regulatory and security measures. Despite some drawbacks like higher fees and complex processes, it remains a solid choice for diverse investment needs.

Is Core Pacific Yamaichi safe？

　　Core Pacific Yamaichi International (Hong Kong) Limited ensures safety and security across several dimensions:

　　Regulations: The company is regulated by the Securities and Futures Commission (SFC) of Hong Kong, which ensures compliance with strict financial and operational standards.

　　Funds Safety: Client accounts are protected by insurance schemes.

　　Safety Measures: Core Pacific Yamaichi employs encryption technologies to secure fund storage and implements robust account security measures to prevent information leakage and unauthorized access. This includes advanced encryption protocols and stringent security policies to safeguard client data and funds.

What are securities to trade with Core Pacific Yamaichi？

　　Core Pacific Yamaichi provides a diverse range of securities for trading, catering to the varied needs of investors. Here's a detailed overview of the securities available:

　　Hong Kong Stock Market: The Hong Kong Stock Exchange (HKEX) is the main marketplace for trading stocks, and Core Pacific Yamaichi facilitates trading on both the Main Board and GEM (Growth Enterprise Market). Apart from stocks, investors can trade in derivative warrants, Exchange Traded Funds (ETFs), Real Estate Investment Trusts (REITs), stock-linked investment products, Callable Bull/Bear Contracts (CBBCs), and debt securities.

　　Shanghai-Hong Kong Stock Connect: This initiative, launched on November 17, allows for trading of Shanghai-listed stocks (Northbound trading) through the Hong Kong Stock Exchange. Investors can use Core Pacific Yamaichis platforms, including PC, mobile, online investment platforms, or by contacting brokers to trade Shanghai stocks.

　　Shenzhen-Hong Kong Stock Connect: Similar to the Shanghai-Hong Kong Stock Connect, this soon-to-be-launched service will enable trading of Shenzhen-listed stocks. Core Pacific Yamaichi supports this through various trading platforms and broker services.

　　Derivatives Market: Core Pacific Yamaichi offers a range of futures and options products primarily provided by HKEX. Key products include Hang Seng Index futures and options, H-share Index futures and options, Hang Seng Volatility Index futures, stock futures, CES China 120 Index futures, BRICS futures, USD/CNY (Hong Kong) futures, and Hang Seng Tech Index futures and options.

　　Global Futures: Investors can also trade in global futures, which include indices, forex futures, interest rate futures, metal futures, agricultural futures, and energy and other commodities futures.

　　London Metal Exchange (LME) Futures: The LME, acquired by HKEX, offers futures contracts for metals such as aluminum, copper, lead, zinc, nickel, and tin. It is a highly liquid market providing global reference prices for these metals.

　　Stock Options: Stock options traded on the exchange are financial contracts based on individual stocks. These are categorized into call options and put options. Call options give buyers the right to purchase stocks at a predetermined price, while put options give buyers the right to sell stocks at a predetermined price.

　　Margin Financing: Core Pacific Yamaichi offers margin financing services, allowing clients to borrow funds to increase their investment flexibility and leverage. Almost all securities listed on the exchange can be used as collateral, with margin ratios ranging from 10% to 70%.

　　IPO and Stock Borrowing Services: Clients can participate in Initial Public Offerings (IPOs) and borrow stocks for short-selling, aiming to profit from price differences in declining markets. To utilize these services, clients need to open specific accounts and sign relevant agreements.

　　By offering a wide array of financial products and services, Core Pacific Yamaichi ensures that investors have the tools and flexibility needed to navigate and capitalize on market opportunities.

Core Pacific Yamaichi Accounts

　　To open an account with Core Pacific Yamaichi International (Hong Kong) Limited, customers can choose from three methods, ensuring convenience and flexibility.

　　Method 1: Mail Application First, customers need to download the account opening documents from the company's website. After printing and signing the forms, they must be accompanied by copies of the required documents. These include identity proof (such as ID card or passport), address proof (recent bank statements, utility bills, or phone bills within the last three months), and a copy of a bank account for fund transfers. If the address proof is available in English, it should also be sent.

　　The signed documents and copies should be mailed to: Core Pacific Yamaichi International (Hong Kong) Limited

　　Digital Finance Customer Service Department

　　Room 1101, 11th Floor, China Resources Building,

　　26 Harbour Road, Wan Chai, Hong Kong

　　Alternatively, customers can fax the documents to (852) 2918-0409. It is crucial to review the risk disclosure statement and disclaimer on page nine of the application form, ensuring a clear understanding of the associated risks and seeking independent professional advice if necessary.

　　Per the Securities and Futures Commission (SFC) regulations, the signing of the account opening form and the verification of identity documents should be witnessed by a subsidiary of Core Pacific Yamaichi, a licensed or registered person with the SFC, a related person of an SFC licensed or registered individual, a Justice of the Peace, or professionals like certified accountants, lawyers, or notaries. These witnesses must sign the second page of the account opening form and each copy of the relevant documents.

　　Method 2: In-Person Application Customers may also choose to visit the companys headquarters in person to complete the account opening procedures. This method provides direct assistance and ensures all documents are correctly submitted and verified on-site.

　　Method 3: Appointment for Application For added convenience, customers can schedule an appointment for the account opening process via telephone or email. To make an appointment, customers can call (852) 2166 3888 or email info@cpy.com.hk. After receiving the application, a professional client officer will contact the customer to offer guidance and support through the account opening process, ensuring compliance with SFC regulations and protecting the customer's interests.

　　Once the application is accepted, the client officer will assist in completing the procedure and answer any questions regarding the process or required information.

Core Pacific Yamaichi Fees Review

　　Core Pacific Yamaichi International (Hong Kong) Limited provides a wide range of securities trading services, each with specific fee structures to ensure transparency for their clients. For Hong Kong stock trading, the brokerage commission is set at 0.25% of the transaction amount, calculated to the nearest cent, with a minimum charge of HK$100.00 or RMB100.00. Additionally, the Securities and Futures Commission (SFC) charges a trading levy of 0.0027% of the transaction amount, while the Financial Services and the Treasury Bureau (FSTB) levies a fee of 0.00015%. A trading fee of 0.00565% is imposed by the stock exchange, and the government stamp duty is 0.1% of the transaction amount, rounded up to the nearest dollar. From June 14, 2024, the Central Clearing and Settlement System (CCASS) will impose a share settlement fee of 0.005% of the transaction amount, with minimum and maximum charges ranging from HK$5.00 to HK$500.00 or RMB equivalent.

　　For trading Shanghai and Shenzhen A shares via the Stock Connect (Northbound Trading), the brokerage commission is 0.25% of the transaction amount, with a minimum charge of RMB100.00. These transactions also incur handling fees of 0.00341% and management fees of 0.002%. The seller is charged a stamp duty of 0.05% on the transaction amount. Additionally, there are transfer fees of 0.003% of the transaction value, split between ChinaClear (0.001%) and Hong Kong Securities Clearing Company (0.002%).

　　For ETF trading under the Stock Connect, the brokerage commission is 0.25% of the transaction amount, with a minimum of RMB100.00. There are handling fees of 0.004% on both sides of the transaction. Transfer fees are waived for ChinaClear, while Hong Kong Securities Clearing Company charges 0.002% of the transaction value. Each transaction also incurs a trading system usage fee of RMB1.00.

　　For grey market trading, the commission is set at 0.3% of the transaction amount, with a minimum charge of HK$150.00 or RMB150.00.

　　For overseas securities and bond trading, custody fees are 0.05% per annum, calculated monthly based on the face value at month-end. Bond transfer fees for deposits and withdrawals are HK$400 per transaction. The fee for collecting interest on bonds is 0.5% of the interest amount. Fees for instructions related to corporate actions vary, with an additional handling charge of HK$100 per instruction.

　　Core Pacific Yamaichi does not charge custody fees for securities held in their accounts. For re-issuing monthly statements older than three months, there is a charge of HK$100.00 per copy and HK$200.00 for statements older than twelve months. For margin accounts, the interest rate is P+3% for overdue amounts not settled by T+2, and P+6% for amounts not settled by T+7 or later. Bank-related fees include CHATS charges (bank's actual fee plus HK$100.00 handling charge), telegraphic transfer fees, and returned cheque fees, each levied at the bank's actual fee plus HK$100.00 handling charge.

Core Pacific Yamaichi App Review

　　Core Pacific Yamaichi International (Hong Kong) Limited offers the CPYGo mobile app for trading, available on both the Apple App Store and Google Play. This app allows users to trade U.S. stocks and other securities conveniently from their mobile devices, providing real-time market data and portfolio management features.

　　In addition to the CPYGo app, clients can trade using various other channels. The CPYGo online trading platform enables web-based trading from desktops or laptops. For those preferring a PC application, HK Stock Express offers a dedicated platform for Hong Kong stock trading.

　　Mobile users also have the option of using the Trading Pro app, which provides a user-friendly interface for trading on the go. For those who prefer phone trading, Core Pacific Yamaichi offers an evening trading hotline at (852) 2826-0066, ensuring access to trading services outside regular hours.

　　Overall, the CPYGo app and other trading channels provide a flexible and comprehensive trading experience for all clients.

Research and Eduation

　　Core Pacific Yamaichi International (Hong Kong) Limited provides extensive education and research resources to support investors. These include:

• 　　Market Analysis Reports: Detailed insights into market trends and forecasts.

• 　　Investment Research Articles: In-depth research on various financial products and strategies.

• 　　Educational Materials: Comprehensive guides on trading strategies, financial instruments, and market operations.

　　These resources are designed to equip investors with the knowledge necessary for making informed decisions.

Customer Service

　　Core Pacific Yamaichi International (Hong Kong) Limited offers comprehensive customer support through various channels. The main customer service hotline at (852) 2166 3888 is available for general inquiries and complaints from 9:00 AM to 12:00 PM and 1:00 PM to 6:00 PM. They also provide an evening trading hotline at (852) 2826 0066 for after-hours support.

　　Additionally, customers can reach out via email at info@cpy.com.hk, with a response time of within three working days, or by fax at (852) 2918 0409. The companys office is located at Room 1101, 11th Floor, China Resources Building, 26 Harbour Road, Wan Chai, Hong Kong, and can be contacted through the main telephone number (852) 2826 0700.

Conclusion

　　Core Pacific Yamaichi International (Hong Kong) Limited is a well-regulated financial services provider offering a broad range of trading options, including Hong Kong stocks, ETFs, global futures, and mutual funds. They feature a user-friendly mobile app, multiple trading platforms, and robust security measures. While the company is praised for its diverse offerings and strong regulatory compliance, some users may find the fees relatively high and the account opening process somewhat complex. Overall, it provides a comprehensive and secure trading environment for investors.

FAQs

　　Is Core Pacific Yamaichi safe to trade？

　　Yes, Core Pacific Yamaichi is safe to trade as it is regulated by the Securities and Futures Commission (SFC) of Hong Kong, ensuring compliance with strict financial standards and implementing robust security measures.

　　Is Core Pacific Yamaichi a good platform for beginners？

　　Core Pacific Yamaichi offers a user-friendly mobile app and multiple trading platforms, making it accessible for beginners. However, the relatively high fees and complex account opening process might be a consideration for new investors.

　　Is Core Pacific Yamaichi good for investing/retirement？

　　Yes, Core Pacific Yamaichi provides a wide range of investment options, including stocks, ETFs, and mutual funds, which can be beneficial for long-term investing and retirement planning.

Risk Warning

　　The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.