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鴻昇金融集團

China Hong Kong More than 20 year(s)
Regulated in China Hong KongOptionsCommission 0.25%

https://www.hungsing.org/tc/

Website

Time Machine

Rating Index

Brokerage Appraisal

Influence

D

Influence Index NO.1

coverChina Hong Kong

Products

5

Securities Lending Fully Paid、Investment Advisory Service、Stocks、ETFs、Mutual Funds

https://www.hungsing.org/tc/
Unit 2505, 25/F, West Tower, Shun Tak Centre, 200 Connaught Road Central, Sheung Wan, HK
https://www.facebook.com/hungsing4128/

Securities license

Obtain 2 securities license(s)

SFCRegulated

China Hong Kong Securities Trading License

SFCRegulated

China Hong Kong Investment Consulting License

Global Seats

Owns 1 seat(s)

China Hong Kong HKEX

Seat No. 01470

Trading

Brokerage Information

More

Company Name

HUNG SING SECURITIES LIMITED

Company Abbreviation

鴻昇金融集團

Platform registered country and region

China Hong Kong

Company address

Unit 2505, 25/F, West Tower, Shun Tak Centre, 200 Connaught Road Central, Sheung Wan, HK

Check whenever you want

WikiStock APP

Internet Gene

Gene Index

10
020406080100
The gene index is Poor, worse than 83% of brokerage firms.

APP Rating

0.0
01.02.03.04.05.0
The APP rating is Poor, worse than 85% of peers.

APP Downloads

  • Cycle
  • Downloads
  • 2024-05
  • 399

Rules: The data displayed is the downloads of the APP in one year before current time.

APP Regional Popularity

  • Country/RegionDownloadsProportion
  • Others

    399100.00%

Rules: The data is displayed as the downloads and regional share of the APP in one year before current time.

Features of Brokerages

Commission Rate

0.25%

Funding Rate

3%

New Stock Trading

Yes

Margin Trading

YES

Company Profile

Hung Sing Group
 style=
WikiStock Rating ⭐⭐⭐
Fees Basic commission: 0.25% (min. HKD 100)
Mutual Funds Offered No
App/PlatformOnline trading platform

Hung Sing Group Information

  Hongsheng Financial Group is a well-established player in the Hong Kong financial market with a strong shareholder background. Holding relevant licenses from the Hong Kong Securities and Futures Commission, the company offers a range of financial services, including securities brokerage, asset management, and customized structured financing solutions.

  With a focus on providing comprehensive financial solutions and value-added services, Hongsheng Financial Group invites interested individuals to explore collaboration opportunities and contribute to its future growth.

Hung Sing Group's homepage

Pros & Cons of Hung Sing Group

ProsCons
Diverse Security OfferingsLimited International Reach
Account Variety
Research and Education
Pros

  Diverse Security Offerings: Hung Sing Group provides access to a wide array of securities, including stocks, bonds, and possibly derivatives.

  Account Variety: The Hung Sing Group offers different types of accounts to suit individual investor preferences, such as individual, joint, and retirement accounts.

  Research and Education: The Hung Sing Group emphasizes the importance of investor education, offering resources and research materials to help clients make informed investment decisions.

Cons

  Limited International Reach: Hung Sing Group's services are primarily focused on a specific region, limiting its accessibility to international or global investors.

Is Hung Sing Group Safe?

  • Regulatory Sight: Hung Sing Group operates under the regulatory oversight of the China Hong Kong Securities and Futures Commission of Hong Kong (No.ABS697), holding a HongKong Securities Trading License and Investment Consulting License. This regulatory authority ensures that financial institutions comply with relevant laws and regulations to protect investors and maintain market integrity.
Regulated by SFC
Regulated by SFC
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
  • Security Measures: So far we haven't found any information about the security measures for this broker.

What are Securities to Trade with Hung Sing Group?

  Hung Sing Group offers a range of services including securities financing and capital intermediary services, trading and custody services, asset management, and insurance brokerage business.

  The securities financing and capital intermediary services provided by the Group involve facilitating the borrowing and lending of securities, as well as serving as an intermediary for capital transactions.

  Trading and custody services include executing trades on behalf of clients and safeguarding their assets.

  Asset management involves managing and advising on investment portfolios to help clients achieve their financial goals.

  Furthermore, the Group engages in insurance brokerage business, where it acts as an intermediary between clients and insurance providers to help clients secure suitable insurance coverage.

Hung Sing Group Fees Review

  Hung Sing Groupoffers a transparent fee structure with some attractive features, such as negotiable commission and low transaction levy. However, the relatively high basic commission and stamp duty could be a consideration for some investors.

  Below are some of the major charges:

ServeToll
Basic Commission0.25% (min. HKD 100) or negotiated between client and broker
Stamp Duty (collected on behalf of the Hong Kong Inland Revenue Department)0.1% of each transaction amount (amounts less than $1 will be rounded up to $1)
Transaction Levy (collected on behalf of the Securities and Futures Commission)0.0027% of each transaction amount
Hong Kong Exchanges and Clearing Limited (HKEX) Trading Fee0.00565% of each transaction amount (rounded to the nearest cent)
FRC Transaction Levy (collected on behalf of the Financial Reporting Council)0.00015% of each transaction amount (rounded to the nearest cent)
Payment Fee0.004% of each transaction amount (min. HKD 5, max. HKD 500)

Research & Education

  Hung Sing Group provides stock news commentary as a resource for research and education purposes. This service offers insights and analysis on the latest trends and developments in the stock market, serving as a valuable tool for individuals seeking to stay informed about investment opportunities. Through these commentaries, Hung Sing Group seeks to enhance the understanding of market dynamics and support investors in making informed decisions.

Stock news commentary

Customer Service

  Clients can reach out to Hung Sing Group through various channels.

  • Telephone: (852) 3589 1623
  • Social Media: WhatApp, WeChat
  • Physical address: Room 2505, 25th Floor, West Tower, Shun Tak Centre, 200 Connaught Road Central, Sheung Wan, Hong Kong

Conclusion

  Hung Sing Group serves as a viable option for investors looking for a securities provider with a broad range of offerings and a focus on education. However, potential clients should carefully consider the fee structure and the level of customer service provided, as these factors can significantly impact the overall investment experience. While the Hung Sing Group has its strengths, it also faces challenges that may affect client satisfaction and investment performance. As with any financial decision, it is advisable for investors to conduct thorough research and compare Hung Sing Group with other providers before making a commitment.

FAQs

  What services does Hung Sing Group offer?

  Securities financing, asset management, trading services, and insurance brokerage.

  How can I contact Hung Sing Group?

  You can contact them through telephone, social media platforms like WhatsApp and WeChat, and by visiting their physical address in Hong Kong.

  What regulatory authority oversees Hung Sing Group?

  It operates under the regulatory oversight of the China Hong Kong Securities and Futures Commission (SFC).

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.

Others

Registered region

China Hong Kong

Years in Business

More than 20 year(s)

Products

Securities Lending Fully Paid、Investment Advisory Service、Stocks、ETFs、Mutual Funds

Client Support

Download App

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