Anyone been to Shareholder AGMs before in HK? I am not sure how I can be qualified to enter because I have a custodian bank as the holder of my shares. Can someone explain me the process to go to an AGM in HK? Do I have to get my bank to proxy me to attend or something? Thanks.
In Singapore, for investors who have used their CPF's money to buy share, CPF board is the custodian for the share.
CPF investors who wish to attend the AGM as an observer must submit their requests through their CPF Approved Nominees within the time frame specified.
If they also wish to vote, they must submit their voting instructions to the CPF Approved Nominees within the time frame specified to enable them to vote on their behalf
I believe it should be similar in your case.
(03-09-2012, 10:30 PM)tau281290 Wrote: [ -> ]http://www.hkexnews.hk/listedco/listcone...529144.pdf
Say it is something like this, do I just fill in my name, address, & share number, then I will be automatically proxy by my bank?
Sorry for the noob questions.
I assume it is the execution detail, which probably only your bank officer is able to answer them.
It is unlikely the bank officer is happen to be around in this forum.
which bank in hk did u open with to trade hk stocks now
(04-09-2012, 10:34 PM)pianist Wrote: [ -> ]which bank in hk did u open with to trade hk stocks now
Hang seng bank and HSBC. Do you use these?
I'm also very interested to invest in the H shares now. Many stocks are looking as undervalued. I'm using Phillips securities.
But I don't think I will fly to HK to attend their AGM. So have to diversify more due to not able to do scutterbud.
(05-09-2012, 11:58 AM)hkwave Wrote: [ -> ]I'm also very interested to invest in the H shares now. Many stocks are looking as undervalued. I'm using Phillips securities.
But I don't think I will fly to HK to attend their AGM. So have to diversify more due to not able to do scutterbud.
Some companies hold their AGMs in Mainland China, I doubt I will go to those, but those in HK I will definitely try to go. The problem right now is I need some solid confirmations as to how to be qualified to enter.
(03-09-2012, 08:27 PM)tau281290 Wrote: [ -> ]Anyone been to Shareholder AGMs before in HK? I am not sure how I can be qualified to enter because I have a custodian bank as the holder of my shares. Can someone explain me the process to go to an AGM in HK? Do I have to get my bank to proxy me to attend or something? Thanks.
I also bought my shares through a custodian bank and held in my trust account. As I understand it, the rules in HK is quite similar to singapore. Unless you hold your shares in your name under CCASS(similar to our CDP), you will need to go through your bank to be a proxy to attend the AGM. Pls check with your broker bank. Different banks may have different rules.
(05-09-2012, 01:40 PM)Jacmar Wrote: [ -> ] (03-09-2012, 08:27 PM)tau281290 Wrote: [ -> ]Anyone been to Shareholder AGMs before in HK? I am not sure how I can be qualified to enter because I have a custodian bank as the holder of my shares. Can someone explain me the process to go to an AGM in HK? Do I have to get my bank to proxy me to attend or something? Thanks.
I also bought my shares through a custodian bank and held in my trust account. As I understand it, the rules in HK is quite similar to singapore. Unless you hold your shares in your name under CCASS(similar to our CDP), you will need to go through your bank to be a proxy to attend the AGM. Pls check with your broker bank. Different banks may have different rules.
Shanghai close a new low again today. It's getting cheaper and cheaper.