faq -凯发国际体育

happy kid securities sub-account aim to provide you whose financial goal is to plan for education expense and a brighter future for their children. happy kid securities sub-account is a securities sub-account which is easier to identify and manage. you can separate their stock portfolio and the stock portfolio for the future of their children.

happy kid securities sub-account has no minimum entry requirement. it is flexible that you can either choose to buy stocks from the market or use a monthly investment plan to build their investment portfolio.

happy kid securities sub-account is only applicable to you who have children under the age of 18. clients are required to present a copy of the certificate of registration of birth to prove the parent-child relationship. chief’s staffs will not keep the copy of the certificate of registration of birth.

happy kid securities sub-account is under the master securities account. therefore, you have to open a chief securities account.

each happy kid securities sub-account is operated independently and is subject to the terms and conditions of the securities account. except for ipo subscription financing, all financing-related securities transactions (including, but not limited to, securities margin trading and short selling) are not applicable to the happy kid securities sub-account, and the restrictions on happy kid securities sub-account are not attached to or affect the main securities account operation.
the following services will not be provided on happy kid securities sub-account: margin accounts, futures, options, us stocks, ccass settlement instructions (si) and investor ccass settlement instructions (isi).
we will calculate the relevant securities transaction fees (including but not limited to service charges, brokerage commissions and taxes) based on the individual happy kid securities sub-account and our current fee schedule.

for each happy kid securities sub-account that is successfully opened, we provide a free securities * transfer offer (from the main securities account to the happy kid securities sub-account) within 30 days (including the first two days) after the account is opened, however, this offer is not applicable to reverse securities * transfers (from a happy kid securities sub-account to the main securities account).

no. you can only choose to subscribe for new shares through the main securities account or any of the happy kid securities sub-account s and cannot subscribe for the same new shares at the same time with the main securities account and happy kid securities sub-accounts.

no. the happy kid securities sub-account is not a trust account. any registered children's information will only assist you to identify the relevant investment purposes and needs. no one (including but not limited to the registered children of individual happy kid securities sub-accounts) will not be granted any rights or rights in the happy kid securities sub-account or authorized to operate the happy kid securities sub-account.
we will not disclose any relevant account information to any registered children. in any event, the client must and will be considered as the account holder and beneficiary of the happy kid securities sub-account.

you can define their own identification reference (in chinese, english or numbers within 20 characters) when opening a happy kid securities sub-account, such as the child's chinese name or english name abbreviation or investment purpose, etc. shown on the statement.
my child is over 18 years old. what should i do if i want to transfer the stocks in my child's happy kid securities sub-account to my child's personal account?
if your child wants to hold the securities of the happy kid securities sub-account in his/her own name *, he/she can transfer all securities in the happy kid securities sub-account * to the his/her account through non-automatic matching (cross-matching). for personal accounts opened by the chief, chief will provide a one-time discount to waive the bilateral commission. other transaction levies (such as stamp duty, csrc transaction levy, exchange levy and clearing house fee) will be charged at normal charges.; withdrawal of the stocks in the happy kid securities sub-account requires a charge for the position at the normal charge.

yes, the withdrawal of stocks in the happy kid securities account requires a normal withdrawal fee.

if your child has reached the age of 18 and still intend to keep the happy kid securities sub-account, they can continue to hold the relevant happy kid securities sub-account until the you inform the chief to terminate the service.

you can transfer stocks from the happy kid securities sub-account to the main securities account or withdraw cash; the relevant fees for cash withdrawal will be subject to the latest physical withdrawal fee schedule.

you must continue to hold a valid master securities account while using this service of happy kid securities sub-account. if the main securities account is terminated or cancelled for any reason, all happy kid securities sub-accounts will be automatically terminated or cancelled without notice.

* securities refer to securities traded on the hkex (the stock exchange of hong kong ltd.)