ZA Bank, one of the first regulated digital banks in Hong Kong, is now offering US stock trading as part of its platform. The company highlighted the benefits of this new service, including a USD $ 3.88 commission – during a promotional period, real-time quotes and 24/7 news, and a super simple setup process.
The bank is also offering a promotional 10% savings rate for a period of time to encourage users to trade on their platform.
The promotional period is from 26 February to 31 March 2024
ZA Bank Chief Executive Calvin Ng said they were excited to offer the service during the year of the Dragon:
“Global stock markets have performed well in the past year, with US stocks being the strongest among them. The Nasdaq Composite index surged by over 40% and the S&P 500 by nearly 25%.7 Meanwhile, the combined market capitalisation of the New York Stock Exchange (NYSE) and Nasdaq exceeded that of Europe’s Euronext, the world’s third-largest stock exchange, by more than 7 times last year. We are therefore delighted to roll out our US stock trading service to enable users to experience the largest stock market by capitalisation in the world.”
Ng said they will continue to offer new investment services, leveraging their digital first platform.