HS 300 case studies
HS 300 · Put your knowledge to work in context.
HS 300 is a professional certification exam for people working in or moving into securities and wealth-management roles, particularly in the Chinese-speaking market. It tests whether a candidate can connect product knowledge to regulation and to real client situations, rather than recite isolated facts. The HS 300 case studies are 5 cases and about 2,942 words.
1Concentrated Legacy Stock and a Margin Loan Request
Chan, 58, is a widow who inherited a concentrated position: 90,000 shares of a NASDAQ-listed small-cap medical-device company, worth about USD 1.2 million, or 57% of her USD 2.1 million net worth. The stock trades about 25,000 shares a day, and her position equals roughly 18% of the free float.
695 words, about 3 min2Cross-Border Meeting and Fund Sale to a Mainland Resident
An SFC-licensed Type 1 and Type 4 firm in Hong Kong has a relationship manager, Mr. Lee, whose existing client refers a friend, Mr.
649 words, about 3 min3Autocallable Note with a 60% Knock-In for a Conservative Client
Ho, 67, has HKD 5 million in a 12-month time deposit earning 3.5%. She tells her adviser she wants 'at least 7% a year with my capital protected'.
511 words, about 3 min4Research Leak, a Ski Trip, and a Family Conflict
Ng is a senior adviser at a Hong Kong brokerage. On Monday he learns that a junior colleague bought 20,000 shares of a listed industrial company two days before the firm's research team published an upgrade.
609 words, about 3 min5Retirement Income, Inflation, and a Drawdown-Averse Couple
Cheung, both 64, are retiring next month with a lump sum of USD 1.5 million from a defined-contribution plan. They need USD 60,000 in the first year, rising with inflation, and want the money to last to age 95.
478 words, about 2 min