Company Introduction – SCFH
South China Financial Holdings Limited (SCFH) is one of the long-established financial groups in Hong Kong, founded by three investment experts in 1999. The company has been listed on the Hong Kong Stock Exchange since 1993, demonstrating credibility and transparency in its operations. With years of experience, SCFH has built a comprehensive financial services ecosystem, covering securities brokerage, futures, options, asset management, and investment banking. Its business operations extend beyond Hong Kong to Mainland China, Taiwan, Southeast Asia, and the United Kingdom, serving both individual and institutional clients across international markets.
Advantages and Disadvantages
Advantages:
- No minimum deposit required.
- Strong presence on social media.
- Diverse trading platforms.
Disadvantages:
- Complex fee structure
- No demo account
Trading Products
Clients can access a variety of products, including:
- Stocks
- Futures
- Options
- Other services: brokerage, asset management, investment banking, SC Private
Trading Accounts
SCFH provides both individual and corporate accounts. There are no fees or minimum deposits required, but a cheque of no less than HKD 10,000 payable to “South China Securities Limited” is needed.
Fee Structure (Example: Hong Kong Stocks)
- Internet commission fee: 0.0588%, minimum HKD 50
- Transaction fee: 0.00565%
- SFC transaction levy: 0.0027%
- Stamp duty: 0.10%
- CCASS settlement fee: 0.005% (minimum HKD 5, maximum HKD 200)
- AFRC transaction levy: 0.00015%
- Grey market trading fee: minimum HKD 150 per order
Trading Platforms
SCFH supports multiple tools and applications:
- South China Stock Trading Application (Windows)
- Ayers Token Mobile App
- Sharp Point System
- SP Trader Pro HD Mobile App
Deposit and Withdrawal
Clients can deposit and withdraw funds via bank transfer. Different products may require different bank accounts. Withdrawals can also be initiated directly on the trading platform by filling in the request form.
Conclusion
SCFH is a long-established financial company in Hong Kong, offering a wide range of services from securities, futures, and options to asset management and investment banking. Its strengths lie in transparency, diverse trading platforms, and international presence. However, the lack of a demo account and a relatively complex fee structure may pose challenges for new investors.
Overall, SCFH is more suitable for experienced investors seeking access to Hong Kong’s securities and futures markets as well as the broader Asia-Pacific region. With its international footprint, SCFH can be considered a reliable and versatile financial partner.
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