PING AN

What is PING AN？

PING AN, a regulated financial institution overseen by SFC, offers a comprehensive range of services to its clients. With a focus on corporate finance and capital market activities, PING AN assists clients in areas such as stock trading, futures trading, and asset management. To facilitate seamless trading experiences, PING AN provides its clients with the Global Fortune trading platforms.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros of PING AN:

• Regulation by the Securities and Futures Commission (SFC) ensures a high level of trust and compliance in the services provided.

• PING AN offers a wide range of business scopes, including corporate finance and capital market activities, providing clients with diverse investment opportunities.

• Phone and email support are available, allowing clients to seek assistance and address any concerns they may have.

Cons of PING AN:

• PING AN does not offer demo accounts, which could be a disadvantage for clients who want to practice their trading strategies before risking real money.

• The range of payment options available for depositing and withdrawing funds is limited, potentially restricting choices for clients.

• PING AN does not support the popular MT4 trading platform, which will be a drawback for clients who prefer using this platform.

• The absence of live chat support could make it less convenient for clients to receive immediate assistance or clarification on their queries.

Is PING AN Safe or Scam？

PING AN is regulated by the Securities and Futures Commission (SFC), which is an independent statutory body set up in 1989 to regulate Hong Kong's securities and futures markets. It is regulated by reputable authorities, has been in operation for several years, and has received positive reviews from many customers. Based on the information available, PING AN appears to be a reliable and trustworthy broker.

However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Business Scopes

PING AN's business scopes include:

• Corporate Finance and Capital Market:

- IPO sponsor and underwriting services: PING AN assists companies in going public by acting as the sponsor and underwriter for their initial public offerings.

- Issuance of bonds and preference shares: PING AN helps companies raise capital by issuing bonds and preference shares in the market.

- Secondary market placement: PING AN facilitates the placement of securities in the secondary market, allowing investors to buy and sell securities.

- Issuance of convertible bonds: PING AN offers services for issuing convertible bonds, which can be converted into equity shares at a later date.

- Merger and acquisition financial advisory services: PING AN provides expertise and guidance in financial matters for mergers and acquisitions, helping companies navigate through complex transactions.

- Private placement: PING AN assist in arranging private placement deals, connecting companies with potential investors.

• Stocks, futures, and Asset Management:

- Stock trading and investment services: PING AN offers stock trading services, allowing individuals and institutions to buy and sell stocks in the market.

- Futures trading and investment services: PING AN facilitates futures trading, enabling participants to speculate on the future prices of various assets.

- Asset management services: PING AN provides professional asset management services, helping clients grow and protect their investments through portfolio management and financial planning.

Accounts

To apply for an Individual or Joint Account for Securities/Futures Trading, please follow these steps:

(1). Contact our Customer Services at (852) 3762 9688 to schedule an appointment for account opening.

(2). Prepare the necessary supporting documents and bring them with you when you visit our office.

(3). Ensure you have the following documents:

- Personal Identification Document: This can be a valid Hong Kong Identity Card or a valid traveling document.

- Personal address proof: Provide a document showing your residential address from the recent 3 months, such as a utilities bill or a bank statement.

Trading Platforms

PING AN provides its clients with the Global Fortune trading platforms, which include the Mobile iPhone/Android app and the Windows PC Hong Kong Express Lightning Trading Pro. These platforms offer a range of features and services to facilitate efficient and convenient trading.

• Global Fortune:

With a user-friendly interface, clients can easily access real-time market information, monitor their portfolios, and execute trades at their convenience. It also offers features such as customizable watchlists, price alerts, and comprehensive market analysis tools, empowering clients to make informed trading decisions.

• Hong Kong Express Lightning Trading Pro:

Secondly, the Windows PC Hong Kong Express Lightning Trading Pro is a powerful trading platform designed for more advanced and active traders. It offers an extensive range of trading functionalities and tools, including advanced charting capabilities, technical indicators, and trading strategies.

Deposits & Withdrawals

• For depositing funds into Securities Trading Account with Bank of China (Hong Kong) Limited (“BOC”) - Sub-Account:

- Upon successful account opening, PING AN will delegate a BOC Sub-Account specifically for fund deposits.

- You can deposit funds into the Sub-Account through various methods, including fund transfers, remittance, or counter services offered by your bank.

- It is advisable to keep the bank deposit slip as proof in case deposit confirmation is required.

• For fund withdrawal from your Securities Trading Account:

- Clients can contact PING AN's Customer Service Department to provide instructions for fund withdrawal to a bank account that is already registered with PING AN.

- If you wish to withdraw funds to a bank account that is not registered with PING AN, please complete the “Withdrawal Instruction” form available at the Form Download center. You can then send it to cs.pacshk@pingan.com via fax or email.

- It is important to note that fund withdrawals to third-party bank accounts are not accepted by PING AN. The withdrawal must be made to a bank account held in the name of the account holder.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +852 3762 9688

Email: cs.pacshk@pingan.com

Address: Room 99, 36/F, Central Centre, 3601 Queen's Road Central, Central, Hong Kong

Conclusion

In conclusion, PING AN is a regulated financial institution overseen by SFC. PING AN's scope of business includes corporate finance and capital market activities, allowing clients to engage in activities such as stock trading, futures trading, and asset management. By offering a wide range of services, PING AN caters to the diverse investment needs of its clients.

Overall, PING AN's commitment to regulatory compliance, comprehensive services, and innovative trading platforms positions it as a rather reliable and capable financial institution for individuals and businesses seeking to engage in capital market activities.

Frequently Asked Questions (FAQs)

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.