In Hong Kong, finance used to be a game played only by the rich.

 

5 million US dollars and 6-month waiting time is normal when applying for a private bank account. In fact, 5 million is considered a small amount of money from the eyes of top investment banks. 

 

With 1 million Hong Kong dollars, you can get an exclusive bank card at a commercial bank. Haven’t got the money? Pay HK$300 handling fees. 

 

It is difficult for the wider public to enjoy professional investment services. What they can enjoy is their MPF* account where they allocate up to HK$1,500 every month.

 

AQUMON was established in Hong Kong, a well-known financial center. Ironically, ordinary investors still lack professional wealth management services. AQUMON’s mission is to make investing simpler, smarter and more affordable for the general public by leveraging financial technology. We take pride in providing robo advisory services with a low threshold, 100% transparent, fully automatic, and long-term manner. 

 

We first need to tackle the issue of "high thresholds." Addressing and lowering the investment threshold is crucial as the first step in democratizing wealth management services. Serving ordinary customers the same way private banks serve its customers is an uneasy task. 

 

Forget about the traditional servicing model. Utilize algorithm and IT technology to solve the pain points of investing.

 

It took AQUMON three years to build all the infrastructure, ranging from the big data center, the back-test framework, the optimizer and risk control model, to the UI/UX experience of account opening and order placement. We have successfully obtained 1 , 4, and 9 SFC licenses^, and lowered the threshold to 1/500 to that of private banking. With only US$10,000, customers can enjoy global asset allocation services. AQUMON’s portfolios performance in the past five years has far surpassed the investment index of private banks.

 

However, we are still dissatisfied. Hurdles continue to exist in the financial market.

 

The minimum trading unit for HK stocks is “1 lot”, which requires at least HK$10,000 for good quality stocks. As for the US market, decent stocks such as Apple or Tesla also require hundreds of US dollars. 

 

Similar to these restrictive thresholds, the thematic stock portfolios we launched previously also require HK$200,000 for clients to enjoy better risk control. We realized that the threshold may discourage some investors from buying. If we have a high threshold for our portfolios, wouldn’t AQUMON be the same as traditional financial institutions?

 

AQUMON solves a problem when we see one. Our R&D and IT team were determined to address the issue. 

 

Within two months, we introduced the fractional shares strategy to reduce the investment threshold for all portfolios. This includes our flagship global asset allocation portfolios and thematic SmartStock portfolios. 

 

What does this mean?

 

With HK$10,000, I can enjoy quality asset allocation services that were previously exclusive to those with US$5 million and a private banking account. 

 

With HK$10,000, I can acquire stocks of the top 30 global technology giants.

 

With HK$10,000, I can invest in an ESG portfolio to demonstrate my commitment to a better future. 

 

With HK$10,000, I can enjoy stable income by investing into a high-yield dividend portfolio.

 

Just a second..

 

In the course of 5 years, AQUMON has lowered the investment threshold to 0.025% compared to traditional financial institutions.

 

We remain grateful for our financial technology, our team’s value and purpose to make wealth management more accessible: The Power of Investing in People’s Hands.
 

Remarks: 

*Hong Kong's Mandatory Provident Fund (MPF) is a retirement protection plan established by the government for ordinary employed persons. Employers and employees each contribute 5% of the employee's salary (up to 1,500 Hong Kong dollars) to invest in a certain fund plan, which can be received after retirement.

 

^A license certified under the Hong Kong Securities Regulatory Commission (HKSFC). Successful application means that activities within the scope of No. 1 (securities trading), No. 4 (advising on securities) and No. 9 (asset management) are regulated by the SFC.

 

 

 

 

 

About us

AQUMON is a Hong Kong based award-winning financial technology company. Our mission is to leverage smart technology to make next-generation investment services affordable, transparent and accessible to both institutional clients and the general public. Through its proprietary algorithms and scalable, technical infrastructure, AQUMON’s automated platform empowers anyone to invest and maximise their returns. AQUMON has partnered with more than 100 financial institutions in Hong Kong and beyond, including AIA, CMB Wing Lung Bank, ChinaAMC, and Guangzhou Rural Commercial Bank. Hong Kong University of Science and Technology, the Alibaba Entrepreneurs Fund, affiliate of BOC International Holdings Limited, Zheng He Capital Management and Cyberport are among AQUMON's investors. 

 

The brand is held under Magnum Research Limited and is licensed with Type 1, 4 and 9 under the Securities and Futures Commission (SFC) of Hong Kong. AQUMON is also licensed by the U.S. Securities and Exchange Commission (SEC) and the Asset Management Association of China (AMAC).

 

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