ASTRUM

General Information

As a part of Astrum Financial Holdings Ltd., Astrum Capital Management Ltd. is a company headquartered in Hong Kong, Hong Kong, providing brokerage services. Astrum Capital Management Ltd. is a participant of The Stock Exchange of Hong Kong Limited and Hong Kong Futures Exchange Limited. Besides, Astrum Capital Management Ltd is licensed under The Securities and Futures Ordinance, CAP.571 to carry on the Regulated Activity 1 (Dealing in Securities), Regulated Activity 2 (Dealing in Futures Contracts), Regulated Activity 6( Adviding on Corporate Finance),as well as Regulated Activity 9 (Asset Management).

Is ASTRUM Legit？

ASTRUM is regulated by the Securities and Futures Commission of Hong Kong. The company holds a regulated status, as indicated by its license number ALY555. This regulatory oversight ensures that ASTRUM operates within the framework of financial regulations and standards set by the Securities and Futures Commission of Hong Kong, instilling confidence in the company's compliance with industry practices and providing a level of assurance to its clients.

Pros and Cons

ASTRUM, as a financial service provider, presents a blend of advantages and considerations. On the positive side, the company is regulated under the Securities and Futures Commission of Hong Kong, ensuring a secure and compliant environment for clients. ASTRUM offers a diverse range of financial services, from securities and futures trading to corporate finance advisory and asset management, catering to a broad spectrum of client needs. The accessibility of a Mobile Trading App for on-the-go transactions enhances convenience for traders. However, potential drawbacks include the lack of specific details on trading platform features and certain fees associated with various services, which might require careful consideration by prospective clients. The summarized pros and cons are outlined in the table below:

Products & Services

ASTRUM offers a range of financial products and services in the realm of securities and futures contracts. The company is actively engaged in dealing with securities, providing clients with opportunities to invest in various financial instruments such as stocks and bonds. Additionally, ASTRUM offers services related to futures contracts, allowing clients to participate in speculative trading of commodities or financial instruments at predetermined prices. The company extends its expertise to advising on corporate finance, providing insights and guidance to businesses in areas like mergers, acquisitions, and capital raising.

One of the key facets of ASTRUM's offerings is asset management. The company assists clients in managing their investment portfolios, aiming to optimize returns and mitigate risks. Asset management services often involve strategic decision-making on behalf of clients, including investment selection, portfolio diversification, and ongoing monitoring. ASTRUM's comprehensive suite of products and services caters to individuals and businesses seeking diverse financial solutions, ranging from traditional securities trading to sophisticated asset management strategies.

How to Open an Account？

Opening a Brokerage Account and/or Futures Account with ASTRUM Capital Management Limited involves a straightforward process, and individuals can choose from various methods based on their convenience. The primary avenues for initiating the account opening procedure are as follows:

1.In-Person Visit:

Interested customers can visit the ASTRUM office in person, located at Room 2704, 27/F, Tower 1, Admiralty Centre, 18 Harcourt Road, Hong Kong. During the visit, clients are required to bring essential documents, including a copy of their HKID card or passport, proof of residential address from the past three months (such as recent utility bills or bank statements), and specific corporate documents if applicable.

2.Online Download:

Prospective clients have the option to download the Account Opening Form directly from the ASTRUM official website. This online method allows individuals to fill out the necessary paperwork electronically or manually at their convenience.

3.Form Request:

Another option is to request ASTRUM to send the Account Opening Form. Clients can use specified communication channels to make this request, and upon receipt of the form, they can follow the provided instructions for completion and submission.

Points to Note:

It's important to note that for those visiting the office in person, specific documentation is required, including a copy of the HKID card or passport, proof of residential address, and additional corporate documents for companies incorporated in Hong Kong or offshore. These corporate documents may include a board resolution, certificate of incorporation, business registration certificate, memorandum and articles of association, latest financial statements, and the identification details of directors and authorized persons.

By offering multiple methods and providing clear guidelines on required documentation, ASTRUM aims to facilitate a seamless account opening experience for clients, ensuring accessibility and flexibility in the process.

Fees

ASTRUM CAPITAL MANAGEMENT LIMITED provides a transparent schedule of fees and charges for its securities trading services. For Hong Kong stock trades, the commission is 0.25% of the transaction amount, with additional charges including stamp duty, transaction levies collected by SFC and FRC, trading fees, CCASS fee, and HK Clearing fee. Withdrawal of shares incurs fees based on whether it's physical, SI, or ISI, with handling fees ranging from $60.00 per stock to 0.01% of stock value. Deposit of physical shares is subject to a transfer deed stamp duty of $5.00 for each transfer.

The collection of dividends includes a fee of 0.5% of the dividend received plus $2.50 per board lot for initial registration, with a minimum fee of $30.00. Bonus shares collection and dividend/bonus shares claims also have associated handling fees. Fees are applied for various actions such as exercising warrants/rights, share registration for physical scrip, corporate actions like cash offers, privatisation, and takeovers. IPO applications are subject to a handling fee of $100.00. A bounced cheque incurs a handling fee of $200.00 per cheque plus debit interest. Copies of monthly statements have a handling fee of $30.00 per month. An annual service fee of $100.00 is charged for accounts with no trading, holding, and balance below HKD 1,000. For Shanghai & Shenzhen – Hong Kong Stock Connect, commissions and handling fees are applied as a percentage of the transaction amount. Overseas stock fees are available upon inquiry through customer service.

Trading Platforms

ASTRUM offers a flexible and accessible trading experience through its trading platforms, catering to the needs of traders who prefer both mobility and manual control. The primary trading platform provided by ASTRUM is the Mobile Trading App, designed for convenience and on-the-go trading. This app is available for both iOS and Android devices, ensuring compatibility with a wide range of smartphones and tablets.

Mobile Trading App:

The Mobile Trading App is a user-friendly application that allows traders to execute trades, monitor market movements, and manage their portfolios directly from their mobile devices. The app is available for download on the App Store for iOS users and the Google Play Store for Android users. With a streamlined interface and essential trading features, the Mobile Trading App enables traders to stay connected to the financial markets at all times, making timely decisions based on real-time market data.

Manual Securities Trading:

In addition to the mobile trading app, ASTRUM supports manual securities trading. This trading method is likely facilitated through a web-based platform or other manual means, providing traders with the option to execute trades manually, possibly through direct communication with the broker or an alternative platform.

While specific details about the features of the trading platforms are not provided, ASTRUM aims to offer a versatile trading experience by combining the convenience of mobile trading with the option for manual securities trading. Traders can choose the method that aligns with their preferences and trading strategies, whether they prefer the flexibility of mobile trading or the control of manual execution.

Deposit & Transfer

You may deposit Hong Kong dollar into one of the following client designated bank account and fax the relevant pay-in slip to Astrum Capital with your Astrum account number written on it.

Citic Bank International Limited

HK$ C/A No. : 735-210-032600

Name of account : Astrum Capital Management Limited

Hang Seng Bank

HK$ C/A No. : 773-874011-001

Name of account : Astrum Capital Management Limited

Industrial and Commercial Bank of China (Asia) Limited

HK$ C/A No. : 954502006917

Name of account : Astrum Capital Management Limited

China Construction Bank (Asia)

HK$ C/A No. : 11126615

Name of account : Astrum Capital Management Limite

Customer Support

Astrum Capital Management Limited prioritizes customer support, aiming to provide clients with accessible channels for inquiries, assistance, and communication. The company is physically located at Room 2704, 27/F, Tower 1, Admiralty Centre, 18 Harcourt Road, Admiralty, Hong Kong. This physical address serves as a point of contact for clients who prefer or require in-person assistance.

For remote communication, clients can reach Astrum Capital Management Limited through various contact channels. The telephone lines at (852) 3665 8111 are available for clients seeking direct and immediate assistance. Additionally, fax communication is facilitated through (852) 2559 2880 and (852) 2559 7800.

For written communication and general inquiries, clients can use the email address info@astrum-capital.com. This email channel provides a convenient means for clients to send detailed queries, receive information, or seek assistance regarding various aspects of their accounts, trading activities, or other related matters.

The provision of multiple contact channels, including a physical address, telephone lines, fax numbers, and an email address, reflects Astrum Capital Management Limited's commitment to maintaining open lines of communication with its clients. Clients have the flexibility to choose the method that best suits their preferences and urgency of the matter at hand.

Educational Resources

Astrum Capital Management Limited offers educational resources that primarily focus on keeping clients informed about recent market news and pertinent financial information. Clients can access monthly returns, providing insights into the performance of various financial instruments and investment portfolios. This information is crucial for clients looking to track the historical performance of their investments and make informed decisions based on market trends.

Additionally, Astrum provides financial results and reports, allowing clients to delve deeper into the company's financial standing and performance. This includes comprehensive financial statements and insights into the company's strategies and outlook. The availability of such reports is beneficial for clients seeking a transparent view of Astrum's operations and financial health.

Moreover, Astrum includes an Environmental, Social, and Governance (ESG) Report as part of its educational resources. This report sheds light on Astrum's commitment to sustainable and responsible business practices. ESG factors are becoming increasingly important for investors who prioritize ethical and socially responsible investment decisions. Astrum's inclusion of an ESG report reflects a commitment to transparency and aligning with broader sustainability goals.

The Notice of Board Meeting is another resource that keeps clients informed about upcoming events and decisions at the board level. This information can be crucial for clients who want to stay abreast of corporate developments that may impact their investments.

Conclusion

In conclusion, ASTRUM emerges as a regulated financial service provider under the Securities and Futures Commission of Hong Kong, instilling confidence in the regulatory compliance of its operations. The company's comprehensive suite of financial services, covering securities trading, futures contracts, corporate finance advisory, and asset management, positions it as a versatile player in the industry. The provision of a Mobile Trading App adds to the accessibility for traders. However, potential clients should be mindful of the limited information on trading platform features and the necessity to carefully assess the varying fees associated with different services. ASTRUM's commitment to regulatory standards, coupled with its diverse offerings, makes it a viable choice for individuals and businesses seeking financial services, albeit with a need for thorough consideration of associated costs.

FAQs

Q: Is ASTRUM regulated？

A: Yes, ASTRUM is regulated by the Securities and Futures Commission of Hong Kong. The company holds a regulated status, as indicated by its license number ALY555.

Q: What services does ASTRUM offer？

A: ASTRUM provides a range of financial services, including securities trading, futures contracts, advisory on corporate finance, and asset management.

Q: Can I trade on the go with ASTRUM？

A: Yes, ASTRUM offers a Mobile Trading App for on-the-go trading, available for both iOS and Android devices.

Q: How can I open an account with ASTRUM？

A: ASTRUM offers multiple methods for opening a Brokerage or Futures Account, including in-person visits, online downloads, and requesting the Account Opening Form.

Q: How can I contact ASTRUM's customer support？

A: You can reach ASTRUM's customer support through various channels, including their physical address at Room 2704, 27/F, Tower 1, Admiralty Centre, Hong Kong, telephone at (852) 3665 8111, fax at (852) 2559 2880 or (852) 2559 7800, and email at info@astrum-capital.com.