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How to open a Hong Kong stock account at China Merchants Securities and what are the procedures?

1. Hong Kong stock account opening process

1). Prepare account opening information

a. Personal ID card

b. Proof of address, yes It is water, electricity, gas, telephone, broadband, cable TV bill payment slips or bank credit card statement documents or address proof issued by the police station within the past three months. As long as the document correctly reflects the name, address and date of the document, it is enough to provide one that meets the requirements. If the name shown on the document is the name of a family member, you must also bring your marriage certificate or household registration book. Real estate certificates, ID cards, household registers, etc. are not valid proof of address.

2) Fill out the account opening application

3) Document review and phone confirmation.

After investors fill out the account application form, they cannot immediately obtain a Hong Kong stock account because the Hong Kong stock account is opened in Hong Kong. This process usually takes 3-5 working days.

4) Open a Hong Kong stock account.

After 3-5 working days, the customer will receive an email from Hong Kong informing the customer of the Hong Kong securities account and password, as well as the trust account opened for the customer at ICBC Asia Bank in Hong Kong. After the customer receives and changes the trading password of the securities account, the Hong Kong securities account is successfully opened. After the funds enter the ICBC (Asia) bank account, they are automatically transferred to the shareholder account. Once the funds are received, they can start investing in the Hong Kong securities market.

2. Remittance.

1) Domestic remittance: Bring your ICBC (Asia) bank address and SWIFT number to a domestic bank to remit money to ICBC (Asia) (according to the current national foreign exchange management policy, each person in the country can purchase foreign exchange in RMB every year to The amount of overseas remittance is approximately US$50,000).

2) Deposit in Hong Kong: You can deposit into Standard Chartered Bank account in Hong Kong at Bank of China, Industrial and Commercial Bank of China, HSBC, Standard Chartered Bank, China Merchants Bank, etc.