Share Mortgage Scheme

Introduction of Share Mortgage Scheme

  • Joining Phillip Share Mortgage Scheme, customer can purchase stocks from a designated stock list at market price by just deposit 30% of the value of the intended stock (minimum HK$30,000). The remaining 70% of the investment amount will be financed by Phillip. Interest rate of this scheme is fixed rate 2.88% p.a. There is 1% one-off handling fee (base on investment amount). 

Benefits of the plan


  • 12 and 24 installment period available

    2 installment periods (12 months and 24 months) is available under this scheme, the monthly repayment amount for 24 months plans could be as low as around HK$3,000.

  • Interest rate as low as 2.88% p.a.

    Under this scheme, the interest rate for the 12 months installment is as low as 2.88%* p.a., 24 months installment period is as low as 3.88* p.a. which is lower than the margin rate.
    *P refers to Prime rate of Standard Chartered Bank, which is 5.25% on 8 August 2013.
    *P - 2.37% p.a. (While "P" = 5.25% p.a.)
    **P - 1.37% p.a. (While  "P" = 5.25% p.a.)
    In each new Share Mortgage contract, “P”  refers to Prime rate of Standard Chartered Bank on drawdown day.

  • Mortgaging Existing Stocks

    Client may mortgage existing stocks by transferring his/ her existing stocks in Master Account to Sub Account as collateral under the Scheme. The company will draw down up to 70% market value of the stock from Sub Account to Master Account.

  • Brokerage fee waiver

    Customer joining this scheme can enjoy brokerage fee waiver for both buy or sell order. It may help to increase client’s investment return.

  • Chance to earn dividend

    Customers are entitled to receive the dividend from the shares purchase, the dividend may enough to cover the interest expense of the scheme.

  • A various choices of stock

    Stocks with margin ratio 60% or above are available for this scheme. Customers have a wide range of choices.

  • Scheme stop any time without additional charges

    Client can repay the outstanding and terminate the scheme without any additional charges.

  1. Client joining the scheme should open a master account (margin account or cash account) and sub-account(Share Mortgage Scheme Account, margin account).
  2. Customer should deposit 30% of the investment amount (min HK$30,000) before joining the scheme.
  3. Customer should at least purchase 1 broad lot or HK$100,000 equivelant stock(whatever which is higher) on the designated stock list.
  4. Customer purchase same stock on the same trading day will regard as joining a same plan.
  5. Handling fee (1% of purchase amount( will be charged.
  6. The finance provided by Phillip should be repaid by 12 installments. Payment will be transferred from the Master Account to the Sub Account on the fifteenth day of each month.
  7. Customers can request their Account Executive to sell their stock at market price at any time.
  8. The fund received after the selling proceeds should be enough to cover the outstanding principal and interest accrued up to the settlement date. If the proceeds do not cover the outstanding principal and interest, the stocks remained will be sold out compulsorily on the next day at market.
  9. There is no addition charge for early termination of the plan, but customer has to complete the early termination application form and deposit the outstanding principle and interest accrued to the master account.
  10. There may be margin call if the net equity value (Market Value of Stock Collateral – Outstanding) of each contract in the Share Mortgage Account falls below 20% of the market value of the stock collateral.
  11. Client can only buy and sell stocks at market price. All transaction order can be only placed by Account Executive. Internet trading is not accepted.
  12. The scheme is for purchase amount form HK$100,000 to HK$1,000,000. Otherwise, it need special approval and takes longer time for approval.
SMS Stock List
Stock Code Stock Name Dividend Yield(%) Stock Code Stock Name Dividend Yield(%) Stock Code Stock Name Dividend Yield(%)
Last Review Date : Feb 23, 2018
1 CKH HOLDINGS 2.72 588 BEIJING N STAR 2.45 1928 SANDS CHINA LTD 2.26
2 CLP HOLDINGS 3.65 598 SINOTRANS 2.83 1929 CHOW TAI FOOK 6.11
3 HK & CHINA GAS 2.09 604 SHENZHEN INVEST 6.65 1958 BAIC MOTOR 3.01
4 WHARF HOLDINGS 7.54 606 CHINA AGRI 1.59 1963 BCQ 4.81
5 HSBC HOLDINGS 0.64 636 KERRY LOG NET 1.72 1972 SWIREPROPERTIES 2.7
6 POWER ASSETS 11.8 656 FOSUN INTL 1.22 1988 MINSHENG BANK 3.75
8 PCCW 6.61 659 NWS HOLDINGS 9.63 2006 JINJIANG HOTELS 2.61
10 HANG LUNG GROUP 2.96 665 HAITONG INT'L 3.14 2039 CIMC 0.47
11 HANG SENG BANK 3.44 669 TECHTRONIC IND 1.02 2196 FOSUN PHARMA 0.84
12 HENDERSON LAND 2.81 683 KERRY PPT 3.11 2202 CHINA VANKE 2.45
14 HYSAN DEV 3.07 688 CHINA OVERSEAS 2.76 2208 GOLDWIND 1.85
16 SHK PPT 3.22 694 BEIJING AIRPORT 1.61 2238 GAC GROUP 1.88
17 NEW WORLD DEV 3.95 696 TRAVELSKY TECH 1.01 2282 MGM CHINA 0.93
19 SWIRE PACIFIC A 2.77 700 TENCENT 0.14 2318 PING AN 0.98
20 WHEELOCK 2.33 709 GIORDANO INT'L 7.2 2319 MENGNIU DAIRY 0.34
23 BANK OF E ASIA 3.8 728 CHINA TELECOM 3.03 2328 PICC P&C 2.24
27 GALAXY ENT 0.66 737 HOPEWELL INFR 7.35 2333 GREATWALL MOTOR 4.43
34 KOWLOON DEV 7.22 751 SKYWORTHDIGITAL 4.06 2338 WEICHAI POWER 4.24
38 FIRST TRACTOR 2.04 753 AIR CHINA 1.02 2356 DAHSING BANKING 2.17
41 GREAT EAGLE H 3.19 775 CKLIFE SCIENCES 1.69 2357 AVICHINA 0.55
45 HK&S HOTELS 1.6 778 FORTUNE REIT 5.53 2378 PRU 2.09
52 FAIRWOOD HOLD 4.34 806 VALUE PARTNERS 1.58 2380 CHINA POWER 8.98
53 GUOCO GROUP 3.66 808 PROSPERITY REIT 5.31 2382 SUNNY OPTICAL 0.25
54 HOPEWELL HOLD 5.55 811 XINHUA WINSHARE 10.97 2386 SINOPEC SEG 2.16
62 TRANSPORT INT'L 5.29 823 LINK REIT 3.51 2388 BOC HONG KONG 4.79
66 MTR CORPORATION 7.86 836 CHINA RES POWER 6.51 2588 BOC AVIATION 3.18
69 SHANGRI-LA ASIA 0.76 857 PETROCHINA 1.2 2601 CPIC 2.04
81 CH OVS G OCEANS 0.48 861 DC HOLDINGS 70.09 2607 SH PHARMA 2.08
83 SINO LAND 3.84 880 SJM HOLDINGS 3.2 2628 CHINA LIFE 1.13
87 SWIRE PACIFIC B 3.26 882 TIANJIN DEV 2.63 2638 HKELECTRIC-SS 5.48
97 HENDERSON INV 6.06 883 CNOOC 3.08 2669 CHINA OVS PPT 0.81
101 HANG LUNG PPT 4.06 902 HUANENG POWER 6.9 2688 ENN ENERGY 1.32
107 SICHUAN EXPRESS 4.38 906 COFCO PACKAGING 2.39 2778 CHAMPION REIT 4.3
123 YUEXIU PROPERTY 4.09 914 CONCH CEMENT 1.34 2799 CHINA HUARONG 4.66
127 CHINESE EST H 25.24 916 CHINA LONGYUAN 1.82 2800 TRACKER FUND 2.5
135 KUNLUN ENERGY 1.01 939 CCB 3.68 2811 HT CSI300 ETF 0.81
142 FIRST PACIFIC 2.68 941 CHINA MOBILE 3.66 2819 ABF HK IDX ETF 1.33
144 CHINA MER PORT 4.66 945 MANULIFE-S 3.35 2822 CSOP A50 ETF 1.83
148 KINGBOARD CHEM 3.17 958 HN RENEWABLES 1.75 2823 ISHARES A50 1.88
151 WANT WANT CHINA 2.06 966 CHINA TAIPING 0.34 2825 WISECSIHK100ETF 1.23
152 SHENZHEN INT'L 2.69 973 L'OCCITANE 1.78 2828 HS H ETF 2.14
165 CHINA EB LTD 4.21 992 LENOVO GROUP 6.71 2833 HS HSI ETF 24.09
168 TSINGTAO BREW 0.9 995 ANHUIEXPRESSWAY 4.1 2838 HS FCI50 ETF 1.51
173 K. WAH INT'L 3.57 998 CITIC BANK 3.99 2880 DALIAN PORT 1.2
175 GEELY AUTO 0.51 1038 CKI HOLDINGS 3.47 2883 CHINA OILFIELD 0.59
177 JIANGSU EXPRESS 3.92 1044 HENGAN INT'L 2.85 2899 ZIJIN MINING 1.74
179 JOHNSON ELEC H 1.55 1052 YUEXIUTRANSPORT 6.09 3085 VGFTSEASIAXJHDY 2.43
200 MELCO INT'L DEV 0.15 1071 HUADIAN POWER 5.7 3101 VG FTSE DEV EUR 2.06
215 HUTCHTEL HK 3.15 1083 TOWNGAS CHINA 1.83 3110 MR HS HDIVY ETF 3.76
220 U-PRESID CHINA 0.45 1088 CHINA SHENHUA 14.48 3118 HGI MSCI CN A 0.13
257 CHINA EB INT'L 1.76 1093 CSPC PHARMA 0.68 3126 VG FTSE JAPAN 1.29
267 CITIC 2.91 1099 SINOPHARM 1.69 3128 HS AINDTOPETF 0.62
270 GUANGDONG INV 3.61 1109 CHINA RES LAND 2.41 3137 CSOP CES A80 2.03
288 WH GROUP 2.77 1111 CHONG HING BANK 3.25 3188 CAM CSI300 0.66
291 CHINA RES BEER 0.28 1113 CK ASSET 2.29 3199 CSOP 5YCGBOND 3.19
293 CATHAY PAC AIR 0.38 1114 BRILLIANCE CHI 0.54 3308 GOLDEN EAGLE 3.3
303 VTECH HOLDINGS 4.96 1122 QINGLING MOTORS 7 3311 CHINA STATE CON 3.11
308 CHINA TRAVEL HK 1.42 1128 WYNN MACAU 1.59 3320 CHINARES PHARMA 0.85
315 SMARTONE TELE 6.62 1133 HARBIN ELECTRIC 1.07 3323 CNBM 0.63
321 TEXWINCA HOLD 14.55 1135 ASIA SATELLITE 2.88 3328 BANKCOMM 4.72
322 TINGYI 0.77 1171 YANZHOU COAL 1.05 3377 SINO-OCEAN GP 3.57
327 PAX GLOBAL 2.04 1177 SINO BIOPHARM 0.43 3378 XIAMEN PORT 2.95
338 SHANGHAI PECHEM 6.09 1186 CHINA RAIL CONS 2.13 3382 TIANJINPORT DEV 2.98
341 CAFE DE CORAL H 4.07 1193 CHINA RES GAS 1.69 3396 LEGENDHOLDING 1.08
345 VITASOY INT'L 1.7 1199 COSCO SHIP PORT 3.47 3606 FUYAO GLASS 2.58
347 ANGANG STEEL 0.84 1211 BYD COMPANY 0.83 3618 CQRC BANK 3.42
358 JIANGXI COPPER 1.33 1270 LANGHAM-SS 6.35 3698 HUISHANG BANK 1.63
363 SHANGHAI IND H 4.21 1288 ABC 4.23 3808 SINOTRUK 0.84
371 BJ ENT WATER 2.33 1299 AIA 1.36 3888 KINGSOFT 0.35
384 CHINA GAS HOLD 1.02 1313 CHINARES CEMENT 1.5 3898 CRRC TIMES ELEC 1.19
386 SINOPEC CORP 4.41 1336 NCI 1.13 3908 CICC 1.14
388 HKEX 1.52 1339 PICC GROUP 0.88 3968 CM BANK 2.44
390 CHINA RAILWAY 1.74 1359 CHINA CINDA 4.61 3969 CHINA CRSC 1.85
392 BEIJING ENT 2.17 1398 ICBC 3.75 3983 CHINA BLUECHEM 1.98
405 YUEXIU REIT 6.43 1508 CHINA RE 3.05 3988 BANK OF CHINA 4.3
435 SUNLIGHT REIT 6.1 1618 MCC 2.79 6030 CITIC SEC 2.16
440 DAH SING 2.6 1658 PSBC 1.7 6099 CMSC 1.77
480 HKR INT'L 1.45 1668 CHINASOUTHCITY 2.6 6178 EB SECURITIES 2.4
489 DONGFENG GROUP 2.63 1766 CRRC 3.23 6818 CEB BANK 2.61
494 LI & FUNG 5.8 1776 GF SEC 2.58 6823 HKT-SS 6.52
506 CHINA FOODS 0.58 1788 GUOTAI JUNAN I 3.07 6837 HAITONG SEC 2.18
511 TVB 2.28 1800 CHINA COMM CONS 2.54 6881 CGS 3.09
517 COSCO SHIP INTL 4.26 1811 CGN NEW ENERGY 3.5 6886 HTSC 3.5
522 ASM PACIFIC 1.69 1816 CGN POWER 2.71 80737 HOPEWELL INFR-R 7.91
525 GUANGSHEN RAIL 1.84 1818 ZHAOJIN MINING 0.72 82811 HT CSI300 ETF-R 0.9
548 SHENZHENEXPRESS 3.07 1829 CMEC 4.83 82822 CSOP A50 ETF-R 2.03
551 YUE YUEN IND 4.31 1848 CALC 6.75 82828 HS H ETF-R 2.36
552 CHINACOMSERVICE 3.16 1881 REGAL REIT 6.42 83118 HGI MSCI CN A-R 0.14
576 ZHEJIANGEXPRESS 4.53 1883 CITIC TELECOM 5.81 83188 CAM CSI300-R 0.73
579 JNCEC 4.13 1888 KB LAMINATES 8.2 83199 CSOP 5YCGBOND-R 3.55
583 GWPA HOLDINGS 39.73 1898 CHINA COAL 1.2 87001 HUI XIAN REIT 8.57
586 CONCH VENTURE 1.31 1910 SAMSONITE 1.56 0
Source: Etnet.Annual dividend yield is annual dividend per share divided by closing price per share. It is for references only with your own discretion. Before investing, investors should check the latest stock prices from quotation providers or professional advisers.

The Company reserves the right to alter these terms and conditions without prior notice and has final and irrevocable discretion in case of dispute.Investment involves risks. Please refer to the Risk Disclosures Statement on our website at www.poems.com.hk. You may contact our Customer Service Department at cs@phillip.com.hk or 2277 6555 to opt out of receiving marketing materials.
MONTHLY REPAYMENT 0.00 TOTAL INTEREST 0.00
TERM DATE REPAYMENT INTEREST PRINCIPAL BALANCE
0.00

The above information generated by the calculator is for reference only. No warranty or representation is given by the company as to its accuracy and completeness.

 

Stock dividend + option premium= additional return

Scheme details

  • The Scheme is a combination of Share Mortgage Scheme and Covered Call Option. Under this scheme, customers only need to pay 30% initial deposit (the remaining 70% will be financed by Phillip, Interest rate as low as 2.88% p.a., repayment period as long as 2 years, 1% handling fee - based on investment amount). Moreover, the shares brought can be used for stock option covered call strategy and receive option premium in return.

Advantages

  1. Presetting stock selling prices and receive option premium.

  2. Premium received can be used as part of loan fee payment.
    *** For high dividend stocks, additional return can be achieved : Stock dividend and option premium.

  3. Zero commission for covered call option / Assigned contract.

Flowchart

Joining Phillip’s Share Mortgage Scheme, customer can purchase stocks from a designated stock list at market price by just deposit 30% of the value of the intended stock (minimum HK$30,000). The remaining 70% of the investment amount will be financed by Phillip. Interest rate of this scheme is fixed rate 2.88% p.a.. There is 1% one-off handling fee (base on investment amount). Clients transfer stocks from other banks/brokers under Share Mortgage Scheme could enjoy handling fee that reduced to 0.5%.

For the details of Share Mortgage Scheme, click here

The following is the available SGX stock list for Share Mortgage Scheme. It will be updated time to time。

For margin ratio of each stock, click here

Stock Code SGX Code Stock Name Stock Name(Chinese) Margin Ratio
ARE.SG A17U ASCENDAS REAL ESTATE INVESTMENT TRUST 騰飛房產投資信托 0.7
ASR.SG A68U ASCOTT RESIDENCE TRUST 雅詩閣 0.7
BOH.SG B28 BONVESTS HOLDINGS LTD 鴻運控股 0.7
CCT.SG C61U CAPITALAND COMMERCIAL TRUST 凱德商務產業信託 0.6
CDLT.SG J85 CDL HOSPITALITY TRUSTS 0.5
CFD.SG C52 COMFORTDELGRO CORP LTD 康福德高企業 0.7
CID.SG C09 CITY DEVELOPMENTS LTD 城市發展 0.7
CPL.SG C31 CAPITALAND LTD 嘉德置地 0.7
CRCT.SG AU8U CAPITALAND RETAIL CHINA TRUST MANAGEMENT 凱德商用中國信託 0.6
CSE.SG 544 CSE GLOBAL LTD CSE環球 0.7
CTM.SG C38U CAPITALAND MALL TRUST 嘉茂商産信託 0.7
DBS.SG D05 DBS GROUP HOLDINGS LTD 星展集團控股 0.7
DFH.SG D01 DAIRY FARM INTERNATIONAL HOLDINGS LTD 牛奶公司 900USD 0.8
DMP.SG D03 DEL MONTE PACIFIC LTD 德蒙特 0.7
FCPT.SG J69U FRASERS CENTREPOINT TRUST 星獅地產信託 0.5
FCPTA.SG TQ5 FRASERS CENTREPOINT LTD 星獅地產 0.5
FNLS.SG F99 FRASER AND NEAVE LTD 星獅 0.5
FRCT.SG ND8U FRASERS COMMERCIAL TRUST 星獅商產信託 0.7
FRE.SG F25U FORTUNE REAL ESTATE INVESTMENT TRUST 置富產業信托HKD 0.6
GARSA.SG E5H GOLDEN AGRI-RESOURCES LTD 金光農業資源 0.5
GCL.SG F17 GUOCOLAND LTD 國浩置地 0.5
GIP.SG G13 GENTING SINGAPORE PLC 雲頂國際 0.7
GKG.SG G41 GK GOH HOLDINGS LTD 吳控股 0.7
GPE.SG G20 GP INDUSTRIES LTD GP工業 0.5
HKL.SG H78 HONGKONG LAND HOLDINGS LTD 香港置地USD 0.8
HLF.SG S41 HONG LEONG FINANCE LTD 豐隆金融 0.5
HPH.SG NS8U HUTCHISON PORT HOLDINGS TRUST 和記港口 0.6
HPR.SG H15 HOTEL PROPERTIES LTD 旅店置業 0.7
IARS.SG 5JS INDOFOOD AGRI RESOURCES LTD 印多福農業資源 0.5
ISMI.SG I98 ISHARES MSCI INDIA INDEX ETF iShares MSCI印度指數ETF 0.5
JCC.SG C07 JARDINE CYCLE & CARRIAGE LTD 怡和合發 0.7
JMH.SG J36 JARDINE MATHESON HOLDINGS LTD 怡和控股 400USD 0.8
JSH.SG J37 JARDINE STRATEGIC HOLDINGS LTD 怡和策略 500USD 0.8
KBC.SG K14 KINGBOARD COPPER FOIL HOLDINGS LTD 建滔銅箔 0.7
KEPDC.SG AJBU KEPPEL DC REIT 吉寶數據中心信託 0.5
KEPS.SG BN4 KEPPEL CORP LTD 吉寶企業 0.7
KRA.SG K71U KEPPEL REIT 吉寶房地產信托 0.7
MBOA.SG B2F M1 LTD 第一通 0.5
MCT.SG N2IU MAPLETREE COMMERCIAL TRUST 豐樹商業信託 0.6
METS.SG M01 METRO HOLDINGS LTD/SINGAPORE 美羅 0.7
MGCT.SG RW0U MAPLETREE GREATER CHINA COMMERCIAL TRUST 豐樹大中華商業信託 0.6
MIT.SG ME8U MAPLETREE INDUSTRIAL TRUST 豐樹工業信託 0.6
MOI.SG M04 MANDARIN ORIENTAL INTERNATIONAL LTD 文華東方USD 0.7
MTLT.SG M44U MAPLETREE LOGISTICS TRUST 豐樹物流信托 0.6
OCBS.SG O39 OVERSEA-CHINESE BANKING CORP LTD 華僑銀行 0.7
OHT.SG SK7 OUE HOSPITALITY TRUST 華聯酒店信託 0.5
PAREIT.SG BYI PHILLIP SGX APAC DIVIDEND LEADERS REIT ETF 0.5
PCDS.SG P15 PACIFIC CENTURY REGIONAL DEVELOPMENTS LTD 盈科亞洲拓展 0.5
PHAPS.SG BYJ PHILLIP SGX APAC DIVIDEND LEADERS REIT ETF 0.5
PLRE.SG C2PU PARKWAY LIFE REAL ESTATE INVESTMENT TRUST 0.5
SATS.SG S58 SATS LTD 新翔 0.5
SCIS.SG U96 SEMBCORP INDUSTRIES LTD 勝科工業 0.7
SGT.SG Z74 SINGAPORE TELECOMMUNICATIONS LTD 新電訊 0.7
SGX.SG S68 SINGAPORE EXCHANGE LTD 新加坡交易所 0.7
SHG.SG P40U STARHILL GLOBAL REIT 升喜全球產業信託 0.6
SIAA.SG C6L SINGAPORE AIRLINES LTD 新航 0.7
SIE.SG S59 SIA ENGINEERING CO LTD 新航工程 0.7
SML.SG S51 SEMBCORP MARINE LTD 勝科海事 0.5
SPHS.SG T39 SINGAPORE PRESS HOLDINGS LTD 報業控股 0.7
SPL.SG S08 SINGAPORE POST LTD 新郵政 0.7
SRE.SG SK6U SPH REIT 報業控股房地產信託 0.5
STIS.SG ES3 SPDR SG STRAITS TIMES INDEX ETF 道富新加坡海峽指數 ETF 0.6
STN.SG S63 SINGAPORE TECHNOLOGIES ENGINEERING LTD 新科工程 0.5
STRH.SG CC3 STARHUB LTD 星和 0.7
SUN.SG T82U SUNTEC REAL ESTATE INVESTMENT TRUST 新達房地產信托 0.7
SVA.SG 5CP SILVERLAKE AXIS LTD 銀湖寰宇 0.7
TBV.SG Y92 THAI BEVERAGE PCL 泰國釀酒 0.5
UIC.SG U06 UNITED INDUSTRIAL CORP LTD 聯合工業 0.7
UOB.SG U11 UNITED OVERSEAS BANK LTD 大華銀行 0.7
UOK.SG U10 UOB-KAY HIAN HOLDINGS LTD 大華繼顯控股 0.5
VMS.SG V03 VENTURE CORP LTD 創業公司 0.5
WHP.SG M35 WHEELOCK PROPERTIES SINGAPORE LTD 會德豐產業 0.6
WMI.SG F34 WILMAR INTERNATIONAL LTD 豐益國際 0.5

Chinese name of the companies are for reference only.

Last Update Date: 16 November 2015

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Please contact your account executive or call us now.
Share Mortgage Scheme
Tel : (852) 2277 6647
Email : smp@phillip.com.hk

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