VC

What is VC Online？

　　VC Online is a security company, focus on the local Hong Kong market. It's based in Hong Kong and regulated by the SFC, has been in business for 15-20 years. The company offers trading in both local and overseas securities, derivatives, and structured products, and provides margin financing and new stock trading.

　　It charges a minimum commission of 0.25% and uses the VC Brokerage Online Trading platform. Services include investment research, corporate finance, and asset management. Customer support is available via phone, fax, and email, and educational resources include financial news and research reports.

Regulatory Status

• 　　VC Brokerage Limited: Regulated by the Securities and Futures Commission (SFC) of Hong Kong with license number ABG074 since January 20, 2005.



• 　　VC International Asset Management Limited: Holds a regulatory license number AEL743 from the SFC, effective from January 19, 2005.



• 　　VC Asset Management Limited: This entity is regulated under license number ALC006 by the SFC since June 25, 2010.



• 　　VC Capital Limited: Regulated with license number AAG899, effective from March 29, 2005, by the SFC. Its office address is 181-185 Gloucester Road, Wanchai, Hong Kong, located on the 7th floor.



Pros & Cons

Pros	Cons
Experienced Security Institution over 15 years	Not 24/7 Live Customer Support
No Downloaded Trading Platform	No Promotion Rewards
Regulated by SFC	Deposit Fees of HK$5 and Withdrawal Fees of HK$100
Multiple Tradable Assets
Low Commissions From 0.25%
Asset Management Service

　　Pros:

　　VC entities boast over 15 years of experience and are regulated by the SFC, ensuring reliable and compliant services. They offer a diverse range of tradable assets with low starting commissions of 0.25%, and provide comprehensive asset management services to help clients optimize their investment strategies.

　　Cons:

　　However, VC entities do not provide 24/7 live customer support and lack a downloadable trading platform, which may limit user accessibility and convenience. Additionally, they do not offer promotional rewards and charge fees for deposits (HK$5) and withdrawals (HK$100), which could deter frequent traders.

Tradable Securities

　　VC entities offer a diverse array of tradable securities to meet various investment preferences and strategies, including:

• 　　Local Securities Dealing: Provides access to stocks and bonds traded on the local Hong Kong market, allowing investors to participate in the regional economy.

• 　　Overseas Securities Dealing: Enables trading in international markets, offering a broader range of stocks and bonds beyond the local offerings.

• 　　Margin Financing: Allows clients to borrow money to trade securities, increasing their purchasing power but also increasing risk.

• 　　Placement and Sub-underwriting: Involves the distribution and underwriting of securities, providing opportunities for clients to invest in newly issued stocks or bonds.

• 　　Derivatives Trading and Structured Products: Offers more sophisticated financial instruments that derive their value from underlying assets, suitable for advanced investors seeking to hedge or speculate.



Services

　　VC entities provide a comprehensive suite of financial services tailored to meet various investment needs and goals, which include:

• 　　Research: This service offers strategic investment ideas and insights, helping clients make informed decisions based on thorough market analysis and trends.

• 　　Corporate Finance: Assists companies with capital raising through debt and equity markets, financial restructuring, and mergers and acquisitions, providing expertise in navigating complex financial landscapes.

• 　　Asset Management: Manages investments on behalf of clients, including portfolio management, fund management, and other tailored investment solutions aimed at achieving specific financial objectives.



Commissions and Fees

　　VC Brokerage Limited charges fees for commissions, contract stamps, transaction levies, trading fees, and clearing fees. The fee structure is relatively high due to the multiple charges applied to various aspects of trading and additional services.

Fee Type	Charge
Commission	Minimum 0.25% of transaction value (Min. HK$100)
Contract Stamp	0.1% of transaction value (rounded up to nearest dollar)
Transaction Levy	0.0027% of transaction value
AFRC Transaction Levy	0.00015% per side of transaction (rounded to nearest cent)
Trading Fee	0.00565% of transaction value
Clearing Fee	0.002% of transaction value (Min. HK$2, Max. HK$100)
Telegraphic Transfer	HK$100 (local), HK$250 (overseas) per transaction
Returned Cheque	HK$100 per cheque
Stock Delivery Charge (Deposit)	HK$5.00 per transfer deed
Stock Withdrawal	HK$100 per counter plus CCASS charges
Custodian Fee	Free (Handling charge: HK$0.012 per board/odd lot)
Dividend Collection	0.5% on gross dividend amount (Min. HK$10, Max. HK$10,000)
Corporate Actions	HK$50 per issue plus HK$0.80 per board/odd lot (Max. HK$10,000)
IPO Application	HK$50 for cash, HK$100 for financing
CCASS Sub-account Fee	HK$50 per month
Re-print of Monthly Statement	HK$30 per month
Bank Checking Fee	HK$200 per transaction

• 　　Commission: Charges a minimum of 0.25% on the gross transaction value, with a minimum fee of HK$100 per transaction.

• 　　Contract Stamp: 0.1% of the gross transaction value, rounded up to the nearest dollar.

• 　　Transaction Levy: 0.0027% of the gross transaction value.



• 　　AFRC Transaction Levy: 0.00015% per side of the transaction, rounded to the nearest cent.

• 　　Trading Fee: 0.00565% of the gross transaction value.

• 　　Clearing Fee: 0.002% of the gross transaction value, with a minimum of HK$2 and a maximum of HK$100.



　　Additional service charges include:

• 　　Telegraphic Transfer: HK$100 for local and HK$250 for overseas per transaction.

• 　　Returned Cheque: HK$100 per cheque.

• 　　Stock Delivery Charge: HK$5.00 per transfer deed for stock deposit, free for SI & ISI deposit via CCASS, and HK$100 per counter for stock withdrawal.

• 　　Custodian Fee: Free of charge; however, a handling charge of HK$0.012 per board/odd lot is applied.

• 　　Dividend Collection: 0.5% on the gross dividend amount, with a minimum of HK$10 and a maximum of HK$10,000.

• 　　Corporate Actions: HK$50 per issue plus CCASS charge of HK$0.80 per board/odd lot, capped at HK$10,000.

• 　　IPO Application: HK$50 for cash applications and HK$100 for financing applications.

• 　　CCASS Sub-account Fee: HK$50 per month.

• 　　Re-print of Previous Monthly Statement: HK$30 per month.

• 　　Bank Checking Fee: HK$200 per transaction.



Trading Platform

　　VC Brokerage Limited utilizes the “VC Brokerage Online Trading” platform, which provides clients with a user-friendly and efficient online trading experience. This platform facilitates the trading of a wide range of financial products including stocks, bonds, and derivatives.



Customer Service

　　Value Convergence Holdings Limited and its subsidiaries, including VC Capital Limited, VC Brokerage Limited, and VC International Asset Management Limited, offer comprehensive customer support from their shared office location on the 6th Floor, Centre Point, 181 – 185 Gloucester Road, Wanchai, Hong Kong.

　　Customer support can be reached through various means: telephone numbers for general inquiries are (852) 2101-8163 for VC and VC International Asset Management, (852) 3151-3993 for VC Capital, and (852) 2913-6332 for VC Brokerage.

　　Additionally, fax numbers are available for each entity along with specific email addresses such as info@vcgroup.com.hk for general inquiries and ebill@vcgroup.com.hk for VC Brokerage related queries.

　　They also provide a dedicated email for recruitment at recruit_vc@vcgroup.com.hk, indicating their commitment to accessible communication channels.

Entity	Telephone	Fax	Email
Value Convergence Holdings	(852) 2101-8163	(852) 2913-6373	info@vcgroup.com.hk
VC Capital Limited	(852) 3151-3993	(852) 2877-2785	Not specified
VC Brokerage Limited	(852) 2913-6332	(852) 2525-5281	ebill@vcgroup.com.hk
VC International Asset Management	(852) 2101-8163	(852) 3152-2648	Not specified
Recruitment	Not specified	Not specified	recruit_vc@vcgroup.com.hk



Educational Resources

　　VC Group offers a variety of educational resources aimed at enhancing investor knowledge and market awareness. These include:

• 　　Financial News: Regular updates and news articles related to financial events and company-specific developments, such as TCL Electronics' financial performance and Redco Properties' sales reports, provide valuable insights into market trends and corporate strategies.

• 　　Hong Kong Market Report and International Market Report: These reports offer comprehensive analyses of market conditions, including stock performance, economic indicators, and sector trends. They are crucial for investors looking to understand both local and global market dynamics.

• 　　VC Morning Flash: A daily briefing that provides snapshots of market activities, significant economic events, and critical financial news. This resource is invaluable for investors needing timely updates to make informed decisions quickly.



Conclusion

　　VC Group offers a robust platform for trading and financial services in Hong Kong, well-supported by a comprehensive range of educational resources and regular market updates.

　　The group is licensed by the Securities and Futures Commission and participates in both the Hong Kong Stock Exchange and Hong Kong Futures Exchange, emphasizing its strong regulatory foundation and commitment to providing reliable and efficient services.

　　The diverse offerings in brokerage, asset management, and corporate finance are complemented by accessible customer support and advanced online trading tools, meeting a wide range of financial needs and client preferences.

FAQs

　　Question: How can I contact VC Group for general inquiries？

　　Answer: You can contact VC Group for general inquiries at (852) 2101-8163 or via email at info@vcgroup.com.hk.

　　Question: What are the trading hours for VC Brokerage Limited？

　　Answer: VC Brokerage Limited follows the trading hours of the Hong Kong Stock Exchange; specific hours can be checked on their official website or by contacting customer support.

　　Question: Does VC Group offer resources for understanding the market？

　　Answer: Yes, VC Group provides a variety of educational resources, including the VC Morning Flash for daily market updates, as well as detailed market reports and financial news.

　　Question: What services does VC Asset Management Limited offer？

　　Answer: VC Asset Management Limited offers comprehensive asset management services, focusing on portfolio management, fund management, and tailored investment solutions.

　　Question: Can I open a trading account online with VC Brokerage Limited？

　　Answer: Yes, you can initiate the process of opening a trading account online.