Citi®

Citi®
0.05% HK stock brokerage fee discount offer
0.05% HK stock brokerage fee discount offer

From now until January 31, 2019, simply fulfill the below requirement to enjoy the exclusive offer of a 0.05% brokerage fee discount for up to 3 months!

Example:

Client has a Monthly Stock Trading Target of HK$1,000,000.

Month Actual HK Stock trading volume (HK$) Eligibility for the Offer* Brokerage fee discount (HK$)
November 2018 $1,000,000 Yes $1,000,000 x 0.05% = $500
December 2018 $500,000 No $0
January 2019 $2,000,000 Yes $2,000,000 x 0.05% = $1,000
Total Discount = $1,500

* If the monthly HK stock trading volume is not met in any single month, the client cannot enjoy the brokerage fee discount for that month.



Terms & Conditions

Terms and conditions for the "0.05% HK stock brokerage fee discount" offer:


1. The "0.05% HK stock brokerage fee discount" offer ("the Offer") is valid from Nov 1, 2018 to Jan 31, 2019("Promotion Period"), both dates inclusive.
2. The Offer is only applicable to selected single name stock account holders or primary stock account holders for joint accounts who received the promotional SMS from Citibank (Hong Kong) Limited ("the Bank") ("Selected Clients").
3. After receiving the promotional SMS, Selected Clients need to meet the designated monthly HK stock trading volume target ("Monthly Trading Target") in any single month during the Promotion Period with any one of the stock account(s) under his or her name to enjoy the Offer for that month.
4. The Bank will calculate the total HK stock trading volume of Selected Clients at account level; the total HK stock trading volume of different stock accounts cannot be combined. Upon meeting the Monthly Trading Target with any one of the stock account(s) in any month during the Promotion Period, Selected Clients are eligible for a 0.05% brokerage fee discount on their total HK stock trading volume with that account in the month ("Eligible Clients"). Eligible Clients can enjoy the Offer for a maximum of 3 months for each of their stock accounts.
Illustration A: A Selected Client has a Monthly Trading Target of HK$1,000,000.
Month HK Stock trading volume (HK$) Eligibility for the Offer Brokerage fee discount (HK$)
Nov 2018 $1,000,000 Yes $1,000,000 x 0.05% = $500
Dec 2018 $1,500,000 Yes $1,500,000 x 0.05% = $750
Jan 2019 $2,000,000 Yes $2,000,000 x 0.05% = $1,000
Total discount = $2,250
Illustration B: A Selected Client has a Monthly Trading Target of HK$500,000.
Month HK Stock trading volume (HK$) Eligibility for the Offer Brokerage fee discount (HK$)
Nov 2018 $400,000 No. As the Monthly Trading Target was not met. $0
Dec 2018 $900,000 Yes $900,000 x 0.05% = $450
Jan 2019 $1,300,000 Yes $1,300,000 x 0.05% = $650
Total discount = $1,100
5. Only HK stock buy or sell transactions carried out via our Internet or Mobile Securities Services (where applicable) within the Promotion Period will be eligible for the Offer. Buy and sell transactions of stock in other markets, stock transfer-in and transfer-out, Initial Public Offering, Stock Regular Savings Plan related transactions, and HK stock buy or sell transactions carried out via our Dedicated Trading Hotline are not eligible for the Offer.
6. Eligible Clients are required to pay the regular brokerage fees at the time of trading. The brokerage fee discount will be refunded to clients' HK dollar settlement account linked to the HK securities account within 3 months upon the end of the Promotion Period. Eligible Clients should maintain a valid HK securities account and HK dollar settlement account at the time when the refund is made. If only a US Dollar/ Renminbi (RMB) settlement account is linked to the securities account, the refund amount will be credited to that account. An exchange rate of USD1 = HKD7.8/RMB1 = HKD1.2 will be used for all calculations.
7. Clients will still be charged for non-brokerage fee items such as, but not limited to, Stamp Duty, Transaction Levy and Trading Fee where applicable.
8. The Offer is not applicable to clients who are employees of the Bank or Citibank N.A. or its subsidiaries during the Promotion Period and when the brokerage fee refund is made.
9. The Offer cannot be used in conjunction with any other HK Stock offers, including but not limited to the "Up to a lifetime fee waiver on stock purchases" offer and the "Payroll for continuous stock fee waiver" offer.
10. The Bank reserves the right to suspend, amend and terminate the Offer, and change the Terms and Conditions from time to time without prior notice.
11. The Bank reserves the right of final decision in the event of dispute.

Important Disclaimer

Important Disclaimer:

You should seek advice from your professional advisors as to your particular tax position, including but not limited to estate duty and withholding tax that might arise from investing in overseas products. This material is for information purposes only and is not intended to constitute any offer or solicitation or advice to buy or sell any security. Investments are not bank deposits and are not obligations of, guaranteed or insured by Citibank (Hong Kong) Limited, Citibank, N.A., Citigroup Inc. or any of its affiliates or subsidiaries, or by any local government or insurance agency, and involve risks, including the possible loss of the principal amount invested. Share prices may go down as well as up. Investment products are not available for U.S. persons and might only be applicable to limited jurisdiction. Any person considering an investment should seek independent advice on the suitability or otherwise of the particular investment.