own any stocks that are traded on the Hong Kong stock exchange?
We offer a number of highly customized securities based loan programs for
securities traded on the Hong Kong stock exchange. You can pledge the
stocks you own to apply for a securities based collateral loan.
Minimum Loan Amount: $500,000 USD
* Maximum Loan Amount: $100,000,000 USD
documents include the following statement for the safety and protection of
the borrower client:
"Lender may not
take, use, sell or otherwise, encumber or dispose of the securities
contained within the Stock Loan Portfolio unless an “Event of Default”
An escrow letter and legal documents are provided to the borrower client.
Initially, the shares are transferred into an
Attorney escrow account. The escrow agent attorney arranges for the
transfer of shares from the client and the disbursement of the loan funds.
The escrow agent will immediately forward the loan funds from the escrow
account to the client borrower. Electronic delivery and transfer is
arranged through the CCASS, Hong Kong bank and Hong Kong brokerage firm.
Again, this is done for the safety and protection of the borrower client.
Furthermore, if the client requires, we can arrange for a Chinese
representative to assist the Escrow attorney agent to ensure a smooth
* No trading or selling of shares
* Competitive fixed interest rate
* Borrower keeps any dividends
* Borrower keeps any appreciation
* Flexible loan terms
* Borrower retains voting rights
Kong Stock Exchange (HKEX; SEHK: 0388) is the stock exchange of Hong Kong.
The exchange has predominantly been the main exchange for Hong Kong where
shares of listed companies are traded. It is Asia's second largest stock
exchange in terms of market capitalization, behind the Tokyo Stock
Exchange. As of 31 December 2007, the Hong Kong Stock Exchange had 1,241
listed companies with a combined market capitalization of $2.7 trillion.
Hong Kong Exchanges and Clearing is the holding company for the exchange.
The HKSE ranks 8th place by market capitalization in the world.
trading system of the Exchange is an order-driven system. HKEx securities
market operates on two trading platforms - the Main Board and the Growth
Enterprise Market (GEM). Each trading platform has a different set of
requirements. The Main Board is the market for capital growth by
established companies that meet profit requirements. Meanwhile, the Growth
Enterprise Market provides a fund raising venue for 'high growth, high
risk' companies. It promotes the development of technology industries and
venture capital investments.
Kong, there is a strong presence of the world's major financial
institutions: 167 foreign banks including 85 of world's top 100 banks, 323
overseas securities and commodity trading companies, 122 overseas
insurers, and 1,182 unit trusts and mutual funds. Hong Kong is a free
economy with well established laws for finance and commerce. Non-residents
can efficiently trade stocks in Hong Kong. Hong Kong's stock market is
directly linked to the bullish China economy which has been growing at a
rate of 8-13% during the last decade. There is an increasing number of
major Chinese corporations offering stocks in Hong Kong (the H Share
Companies). Hong Kong dollar is internationally exchangeable at a very
constant rate against US dollar (US$1=HK$7.73).