Overview
Cinda International, based in Hong Kong, operates under the regulatory oversight of the Securities and Futures Commission (SFC). The company offers a wide range of financial services, including securities trading, futures trading, asset management, and corporate finance solutions. Clients can access these services through various trading platforms such as the Cinda International APP, Cinda SecuHub, Cinda Mobile APP, SP-Futures NET for futures trading, and a dedicated mobile trading platform. For customer support, Cinda International provides assistance via trading and customer service hotlines, fax, email, and during office hours, ensuring clients have access to comprehensive support channels.
Regulation
Cinda International is regulated by the Securities and Futures Commission (SFC), ensuring compliance with financial regulations in Hong Kong. As a licensed corporation under the SFC, Cinda International is subject to oversight and supervision, maintaining transparency and accountability in its operations. The SFC's regulatory framework aims to safeguard investor interests and maintain the integrity of Hong Kong's financial markets.
Pros and Cons
Cinda International offers a range of financial services, including securities trading, futures trading, asset management, and corporate finance solutions. While it provides convenient online account opening and access to various trading platforms, there are associated fees and regulatory considerations.
Cinda International offers a comprehensive suite of financial services, including securities trading, futures trading, asset management, and corporate finance solutions. The convenience of online account opening and access to various trading platforms provides flexibility for clients. Additionally, the company offers market research and insights, along with round-the-clock assistance for futures trading clients. However, there are associated fees for trading activities, which may impact profitability, and regulatory oversight by the Securities and Futures Commission must be considered. Understanding the complexities of trading fees is also essential for clients.
Product & Services
Cinda International offers a comprehensive suite of financial services spanning securities trading, futures trading, asset management, and corporate finance solutions to meet the diverse needs of its clients.
Securities Services:
Market research conducted by the Research Department, providing insights and specific reports for Hong Kong-listed companies.
Accessible through an online trading platform for convenient and real-time transactions.
Trading of various instruments including blue chips, H shares, red chips, ETFs, REITs, derivative warrants, and listed bonds.
Futures Trading Services:
Products include Hang Seng Index futures and options contracts, as well as futures from global exchanges such as CME Group and London Metal Exchange.
Round-the-clock assistance for clients, with access to international commodity and index futures trading.
Registered commodities dealer representative with the Securities and Futures Commission.
Offered through Cinda International Futures Limited (CIFL).
Asset Management Services:
Products include private funds, discretionary accounts, structured notes, and cross-border investment options.
Full range of services for corporate, institutional, and high net worth individual clients.
Licensed for advising on securities and asset management activities.
Provided by Cinda International Asset Management Limited (CIAM).
Corporate Finance Services:
Equity Capital Markets (ECM) services providing market analysis, underwriting syndicate organization, marketing strategies, and continuous monitoring of market dynamics.
Consulting services such as financial advisory for both listed and non-listed companies.
Assistance in formulating share and business restructuring proposals.
Comprehensive corporate finance solutions including underwriting, secondary placing, private equity, and merger & acquisition services.
How to open an account?
To open an account with Cinda International, you have several options:
Apply Online:
Await approval confirmation via SMS and email.
Transfer HKD 10,000 (or equivalent) to the company's bank account and upload the deposit/transfer advice slip through the APP.
Sign with E-signature through the APP and upload required documents.
Read and understand all Account Opening Documents and Risk Disclosure Statements.
Complete all sections of the Account Opening Form.
Prepare necessary documents including valid identification, residential address proof, corresponding address proof if applicable, and Hong Kong bank account proof.
Press the account open button in the upper left corner to begin.
Download and install the “Cinda International” APP.
Appointment for Physical Account Opening:
Bring along required documents to Cinda International Head Office at the appointed time.
Submit the account opening application via the “Cinda International” APP or contact Customer Services Department for appointment.
Apply In Person:
Visit Cinda International Head Office with necessary documents including Hong Kong Identity Card/passport, address proof, corresponding address proof if applicable, and bank proof.
Download Account Opening Forms:
Contact Customer Services Hotline for assistance.
Download relevant forms for Securities (Cash), Securities (Margin), Futures, and Options (For Securities clients).
Choose the method that best suits your preferences and follow the outlined steps to complete the account opening process with Cinda International.
Fees
Cinda International imposes a range of fees and charges for various trading activities across different markets and financial instruments. Here's a breakdown of the fees associated with securities trading, bonds trading, and futures trading:
Securities Trading Fees:
Brokerage: 0.25% of the transaction value with a minimum of $80.00.
Stock Exchange Trading Fee: Transaction value * 0.00565%, payable by both buyer and seller.
SFC Transaction Levy: Transaction value * 0.0027%, payable by both buyer and seller.
Stamp Duty: Transaction value * 0.1%, rounded up to the nearest dollar, payable by both buyer and seller.
Clearing Fee: Transaction value * 0.003%, with a minimum of $2.00.
Additional fees for services such as dividend handling, scrip fee, bonus shares collection, custody fee, and corporate actions.
Bonds Trading Fees:
Brokerage Commission: Not more than 0.4% on transaction amount per order.
Custody Fee: 0.05% per month on nominal value, with a minimum of HKD 50 per month.
Charges for bonds transfer, coupon handling, and redemption are free.
Futures Trading Fees:
Charges for trading Hong Kong index futures and options, Hang Seng TECH index futures and options, CES China 120 index futures, and Hong Kong currency futures.
Fees include exchange fees, commission, and additional charges for overnight positions and day trades.
Inactive accounts may be subject to a fee of HK$50 if there are no transactions within a specified period.
Real-time Quotation Services Charges:
Miscellaneous Fees:
Fees for paper monthly statements, remittance, return cheque, stop payment, re-printing statements, and physical delivery charges for futures contracts.
These fees are subject to change and may vary based on specific trading activities and market conditions. Traders should review the latest fee schedules provided by Cinda International before engaging in any transactions.
Deposit & Withdrawal
Deposit Instructions:
Choose a bank listed below:
China Construction Bank (Asia)
HSBC
Bank of China (HK)
Nanyang Commercial Bank
Get the bank account details.
Deposit funds using approved methods.
Keep the deposit slip.
Include your account details on the slip.
Fax or email the slip to Cinda International.
Await confirmation and SMS notification.
Withdrawal Instructions:
Complete and sign the payment instruction form.
Send it via fax or email to Cinda International.
Note the cutoff time for processing.
Funds will be transferred via Telegraphic Transfer (TT) to your designated bank account.
Confirm with your bank if they accept transfers from Cinda International.
You'll be responsible for any handling charges deducted from the withdrawal amount.
Follow the specified charges for withdrawal methods.
Following these steps will ensure smooth deposit and withdrawal processes for your Cinda International account.
Trading Platforms
Stock Trading Software:
Cinda International APP:
Online subscription of HK IPOs.
Provides daily stock focus news and 24-hour financial information.
Convenient and fast trading services for HK, US, and China Connect securities.
One-stop online account opening, fund deposit/withdrawal, and currency exchange services.
New mobile trading platform, easy to operate and stable.
System Requirements:
Android 6.0 or above.
iOS 10.0 or above for iPhone/iPad.
Cinda SecuHub:
Available for iOS and Android devices.
Allows account setup and verification through SMS.
Provides security features like push notifications and a 6-digit protection pin.
Cinda Mobile APP:
Offers trading services for HK, US, China Connect, Australia, Singapore, and Japan securities.
Available for iPhone/iPad users via App Store and for Android users via Google Play or direct download.
Java Download:
Version 8u201 for accessing the web version of iTrade.
Features Include:
Trading services for Hong Kong stocks, real-time quotes, and detailed transaction records.
Monthly fee for streaming real-time quote services.
Futures Trading Software:
SP-Futures NET:
Requires two-factor authentication (2FA) for login.
Offers 24-hour quotation service for free.
Electronic futures trading platform for both Hong Kong and global futures.
Mobile Trading Platform (Two-Factor Authentication Supported):
User manual available for guidance.
Direct download link provided for Android users.
Provides access to SPTrader Pro HD with language selection and input of IP Host for login.
Available for download on App Store (iOS) or Play Store (Android).
These trading platforms offer various features for stock and futures trading, ensuring convenience, security, and accessibility for users.
Customer Support
Trading and Customer Service Hotline:
Securities and Futures Customer Services:
Securities Trading Hotline:
Futures Trading Hotline:
Customer Service Hotline for Futures Trading:
Fax:
Email:
Office Hour:
Address and Contact Information:
Address: 45th Floor, COSCO Tower, 183 Queen's Road Central, Hong Kong
Website: www.cinda.com.hk
Tel: +852 2235-7888
Fax: +852 2235-7878
Email: cs@cinda.com.hk
Description of Customer Support:
The customer support provided by Cinda International Holdings Limited offers comprehensive assistance to clients regarding securities and futures trading. Customers can reach out via phone, fax, or email during office hours for inquiries, account assistance, or any trading-related concerns. The hotline numbers are provided separately for securities and futures trading to ensure specialized assistance. Additionally, customers can visit the company's website for further information or access online services.
Conclusion
In conclusion, Cinda International offers a wide range of financial services including securities trading, futures trading, asset management, and corporate finance solutions to cater to the diverse needs of its clients. Regulated by the Securities and Futures Commission (SFC), the company ensures compliance with financial regulations in Hong Kong, prioritizing transparency and accountability. With user-friendly trading platforms, comprehensive customer support, and competitive fees, Cinda International strives to provide a seamless and efficient trading experience for its customers. However, investors should be aware of the risks involved in trading and seek professional advice if needed. For further information, clients can refer to the FAQs section and heed the provided risk warnings.
FAQs
Q1: How do I open an account with Cinda International?
A1: You can open an account by downloading the “Cinda International” APP, completing the online application process, and submitting necessary documents.
Q2: What trading services does Cinda International offer?
A2: Cinda International provides securities trading, futures trading, asset management, and corporate finance solutions to meet diverse financial needs.
Q3: What are the fees associated with securities trading?
A3: Securities trading fees include brokerage, stock exchange trading fee, SFC transaction levy, stamp duty, clearing fee, and additional charges for services.
Q4: How can I deposit funds into my Cinda International account?
A4: You can deposit funds via approved methods such as bank transfer to designated bank accounts, ensuring to include your account details on the deposit slip.
Q5: How can I contact Cinda International's customer support?
A5: You can reach customer support via phone, fax, or email during office hours, or visit their website for further information and online services.
Risk Warning
Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.