Jimei Investment Holdings Limited was incorporated in the year 2008. We see this moment as a time with the beginning of a new economic paradigm shift, and a new opportunity. Jimei Investment locates it's headquarter in Hong Kong, ranked one of the world top freedom economic region, and closely linked to the China and other Asian countries. Our group companies included the Jimei Securities Limited, Jimei Finance Limited and Jimei Wealth Management Limited.
Jimei Investment Information
Jimei Investment is a financial service provider featuring competitive fees with a commission rate of 0.25% per trade and a minimum cost of HK $80, appealing for budget-conscious traders.
The company offers a user-friendly Jimei Investment APP, enhancing the trading experience through its Jimei Securities Trading System.
However, it does not currently provide any promotional offers, which limits its attractiveness compared to other firms with incentive programs.
Pros & Cons
Pros:
Jimei Investment offers a wide range of tradable securities, is regulated by the SFC, and provides a unique trading platform accessible on both online and mobile interfaces. It also ensures faster trades with a dedicated line connection to the exchange and attracts diverse clients with services like IPO subscriptions and accounts for both individuals and corporations.
Cons:
The company imposes high commissions of HK$80 per trade and limits its offerings primarily to asset management. Additionally, there's an extra HK$50 stock handling fee, increasing the cost for traders.
Is Jimei Investment Safe?
Regulations:
Jimei Investment is regulated by the Securities and Futures Commission (SFC) of Hong Kong, under license number ARM852. The SFC is an independent statutory body established to regulate Hong Kong's securities and futures markets, providing a structured and stringent regulatory framework aimed at protecting investor interests and maintaining market integrity.
Funds Safety:
Jimei Investment's approach to client fund safety is not explicitly detailed in terms of insurance coverage. However, their adherence to SFC regulations typically ensures rigorous standards for the handling and safeguarding of client funds.
Additionally, the implementation of the Jimei Securities iToken Application, which employs robust security protocols like two-factor authentication, further reinforces the protection of client assets and enhances overall account security.
Safety Measures:
Jimei Investment employs various safety measures to protect the security of fund storage and user information. The broker uses encryption technologies as part of their trading platforms and has implemented the Jimei Securities iToken Application for enhanced security.
This application supports two-factor authentication (2FA), significantly reducing the risk of unauthorized access. The company's privacy policies are robust, detailing their commitment to safeguarding personally identifiable information (PII) and using it solely for service improvement.
What are securities to trade with Jimei Investment?
Jimei Investment provides a variety of tradable securities for its clients. These include:
Cash Securities: This category allows clients to trade stocks in real-time, offering straightforward access to the equities market.
Securities and Warrants: Investors can trade both regular securities and warrants, providing opportunities for leveraging positions in the market.
Services
Wealth Management Services by Jimei Wealth Management Limited:
Jimei Wealth Management Limited, established in 2000, offers a large array of financial services tailored to diverse client needs.
Their services include financial planning where they assess factors like monthly contribution capability, risk tolerance, expected returns, saving periods, and the client's commitment to savings plans.
Additionally, they provide trust services to manage and preserve wealth across generations, optimize tax efficiency, and bypass probate processes.
The firm also delivers extensive wealth management solutions, including tailor-made investment strategies, structured investment product design, portfolio optimization, and alternative investment options.
Finance Services by Jimei Finance Limited:
Jimei Finance Limited operates under a license granted by the Hong Kong Money Lenders Ordinance, serving as a licensed money lender in Hong Kong.
This allows them to offer structured financial lending services, which meet various financing needs of their clients, enhancing their ability to manage personal or business-related financial commitments efficiently.
Jimei Investment Account Review
Jimei Investment offers 2 accounts for its users to meet their different needs.
Individual Securities Trading Account:
Allows trading in various securities such as stocks, bonds, and derivatives.
Requires identity verification through documents like HK ID or passport.
Involves agreements and disclosures related to cash management, risk, and internet trading.
Enables fund transfers and payments linked to personal banking accounts.
Corporate Securities Trading Account:
Designed for companies, enabling trading activities on behalf of the corporation.
Requires corporate documentation including board resolutions, company statutes, and financial statements.
Needs specific compliance documents for both local and overseas incorporated companies.
Facilitates corporate-level decisions and transactions with multiple authorization levels.
Jimei Investment Fee Review
Jimei Investment offers a thorough fee structure to its users.
Securities Trading Fees:
Jimei Investment charges a commission fee of 0.25% per transaction with a minimum of HK$80, negotiable for high-volume traders. Additional fees include a transaction levy of 0.0027%, an FRC levy of 0.00015%, a trading fee by SEHK of 0.00565%, and a stamp duty of 0.1% on the trading amount. A CCASS charge of 0.002% (minimum HK$2) and gray market transaction fees are also applicable.
Physical Shares and Settlement Fees:
Fees for handling physical shares include a HK$5 stamp duty per transfer deed and withdrawal fees of HK$5 per lot, or HK$4 per lot for amounts over HK$35,000, plus a HK$50 handling fee per share category. Settlement instructions cost 0.01% of the share's market value, with mandatory buy-in fees at 0.25% of the trading amount plus additional charges from the Clearing House.
Account and Custody Fees:
Jimei Investment waives both the general custody fee and the margin share custody fee, reducing the cost burden on maintaining securities accounts.
Nominee and Corporate Action Fees:
Nominee services and corporate action fees include charges for physical scrips at HK$1.50 per lot and a stock handling fee of HK$50. Dividend processing incurs a fee of 0.5% (minimum HK$25) plus a CCASS charge. Other corporate actions like bonuses, rights, and warrant exercises also attract various fees.
IPO Subscription and Interest Rates:
IPO subscriptions are free for cash applications, while margin finance applications cost HK$100. Interest rates for margin finance are pegged to the market rate, with late settlement interest for cash clients at the prime rate plus 6% and debit balance interest for margin clients at the prime rate plus 3%.
Miscellaneous Fees:
Reprints of statements within the last three months are free, with a charge of HK$100 for older statements. Withdrawal fees vary by method, with cheque withdrawals being free and others according to bank charges. A returned cheque incurs a HKD100 charge, and asset confirmation letters are priced at HK$200 each.
Jimei Investment Trading Platform Review
The trading platform provided by Jimei Investment is a versatile system that supports a range of devices and operating systems:
New Trading System (Online Version): This platform allows users to access their trading accounts and execute trades directly through a web-based interface, making it accessible from any computer with internet access.
Apple iOS: The platform is available as an app designed specifically for iOS devices, enabling users to trade securities conveniently from their iPhone or iPad.
Android: Similarly, an Android app is available, allowing users to manage their investments and trade directly from their Android smartphones or tablets.
Research & Education
The research and education component of Jimei Investment, referred to as “Market News,” provides clients with valuable insights and updates essential for making informed trading decisions. This feature includes:
Timely Updates: Market News delivers real-time financial news and updates, keeping traders abreast of the latest market trends, economic events, and critical financial data.
Analysis: It offers in-depth analysis of market conditions, including expert commentary and analysis on various securities, market sectors, and economic indicators.
Educational Resources: The platform provides educational articles and tutorials that help both novice and experienced investors understand complex market concepts and improve their trading skills.
Market Forecasts: Regular forecasts and outlooks on future market movements are provided, helping traders plan their investment strategies accordingly.
Customer Service
Jimei Securities Limited Customer Support:
Jimei Securities Limited offers its customer support via multiple communication channels. Clients can contact them at the main telephone number (852) 2500 6600 or through their hotline at (852) 2500 6688 for immediate assistance. Additional support is available through email at info.sec@jimei-investment.com and fax at (852) 2907 6318.
Jimei Wealth Management Limited and Jimei Finance Limited Customer Support:
Both Jimei Wealth Management and Jimei Finance share the same contact details, facilitating streamlined customer service. Clients can reach them by telephone at (852) 2500 6800. For document submissions and further inquiries, the fax number is (852) 2907 6318.
Jimei Investment Holdings Limited Customer Support:
Jimei Investment Holdings Limited provides a central hotline for urgent queries at (852) 2500 6800. Their physical address for in-person visits or postal communication is 1305-06, 13/F, Jubilee Centre, 18 Fenwick St / 46 Gloucester Rd, Wan Chai, Hong Kong.
ng the customer support options for the Jimei entities:
Conclusion
Jimei Investment Holdings Limited encompasses a range of financial services through its subsidiaries, including Jimei Securities Limited, Jimei Wealth Management Limited, and Jimei Finance Limited.
These entities provide securities trading, wealth management, and financing solutions. Jimei is dedicated to supporting its clients with robust trading platforms accessible on multiple devices, a variety of educational resources, and a commitment to customer service supported by multiple communication channels.
FAQs