Hong Kong Stocks Combine-trade Offer
What is a Combine-trade order?
If a client trades the same stock multiple times in the same direction through the same trading channel within the same trading day, the relevant transactions will be automatically combined as a single buy (or sell) transaction to calculate the required commission, so that you can avoid buy (or sell) shares by stages subject to minimum commission.
For example:
Assuming the customer buys the shares of Hong Kong and China Gas (3.HK) through the Sino-Rich mobile trading software SP Trader multiple times within the same trading day, the Hong Kong stock trading commission is 0.25%(Minimum commission charge HK$100):
Number of Trades | Number of Shares | Trading Channel | Deal price | Value of Deals | Without HK Stocks Combine-trade Offer Commission | With HK Stocks Combine-trade Offer
Commission |
| 1st transaction | 1000 | mobile | $ 11.6 | $ 11,600 | $ 100 | $ 29 |
| 2nd
transaction | 2000 | mobile | $ 11.7 | $ 23,400 | $ 100 | $ 58.5 |
| 3rd
transaction | 4000 | mobile | $ 11.8 | $ 47,200 | $ 118 | $ 118 |
Total： | $ 82,200 | $ 318 | $ 205.5 |
| Number of Shares | Trading Channel | Deal price | Value of Deals | Without HK Stocks Combine-trade Offer Commission | With HK Stocks Combine-trade Offer |
1st transaction | 1000 | mobile | $ 11.6 | $ 11,600 | $ 100 | $ 29 |
2nd | 2000 | mobile | $ 11.7 | $ 23,400 | $ 100 | $ 58.5 |
3rd | 4000 | mobile | $ 11.8 | $ 47,200 | $ 118 | $ 118 |
Total: | $ 82,200 | $ 318 | $ 205.5 |