In fact, stock investment can not only invest in our A-share market, but also invest in stock markets in Hong Kong stocks, US stocks and other regions. Many excellent companies choose to list on Hong Kong stocks. The following are the conditions for opening a Hong Kong stock account compiled by Bian Xiao, hoping to help you.
What are the requirements for opening an account in Hong Kong stocks?
1 Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect:
At present, most domestic brokers support the functions of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect. However, in order to open the Hong Kong Stock Connect, the balance of our stock account must be above 500,000 yuan. On this basis, it is also necessary to meet the risk level matching and knowledge evaluation, and the score needs to be above 80 points.
Moreover, this method can only buy Hong Kong stocks and does not support new shares. Even if you simply buy stocks, the stocks you buy are limited.
2 Open a Hong Kong stock account:
To open a Hong Kong stock account, you need to have a bank card in Hong Kong, then choose a suitable brokerage firm in Hong Kong, bring your ID card, residence certificate and other materials to the brokerage business department to apply for opening an account, go through the account opening procedures, fill in the account opening form and sign the account opening materials.
After accepting our application, the brokerage firm will review the information and open a Hong Kong stock trading account and a special trust fund account for the bank. When we receive a short message or email about account information and password, we can make remittance according to the prompt, and then we can make a transaction. Some domestic brokers have also begun to support direct handling in the mainland, but they have to go to the brokerage business department for on-site handling. But now many brokers also support online account opening.
In fact, the process of opening an account in Hong Kong stocks is similar to that in Shanghai and Shenzhen stock markets. What is more difficult to deal with is the need to apply for a bank card in Hong Kong, because trading in the Hong Kong stock market requires Hong Kong dollars.
Compared with the two ways of buying Hong Kong stocks, it is difficult to open a Hong Kong stock account for bank cards in Hong Kong, but it is impossible to participate in innovation through Hong Kong Stock Connect, and the stocks purchased are limited.
How to open a Hong Kong stock account?
First, the traditional brokerage business department counter account opening process:
Preparation materials: ID card certificate, address certificate and copy of bank card.
1. ID card proof: A copy of your ID card or passport is also acceptable.
2. Copy of bank card: copy the front and back of the bank card and sign the copy.
3. Address certificate: the address certificate issued by the property management company, or the monthly statement of personal credit card within three months, utilities, gas bills and other documents that can prove my address.
Steps:
1. Bring the account opening information to the counter of the brokerage business department and fill in the account opening form. You can choose a cash account and a margin account (a margin account is an account that can be used for stock mortgage).
2. Account opening information (copy of ID card, proof of address, account opening form) will be sent to the Hong Kong headquarters by the staff at five o'clock every night.
3. After three days or so, I will receive a confirmation call from the employees of the Hong Kong company. If there is anything wrong or inappropriate in the form, I will also explain it over the phone. If all goes well, I will move on to the next step.
4. I received an email in a few days, which contains account information and password, indicating that the account was opened successfully. According to the prompt, you can trade Hong Kong stocks by remittance.
5. After successful account opening, China Merchants Hong Kong Company will open a trust account in your name at Standard Chartered Bank in Hong Kong (for fund custody).
How to open an account in Hong Kong stocks?
1 Many domestic securities companies can open a Hong Kong stock account in the Mainland. Prepare materials first, including proof of residence address, ID card and copy. The Hong Kong Securities Regulatory Commission requires Hong Kong investors to provide proof of their current residence address to ensure that investors can receive materials mailed by securities companies (the proof of residence address can be replaced by utilities, telephone bills, gas bills, insurance statements, credit cards, etc.). On the condition that the documents must be typed by machine with the customer's name and address on them. After the materials are prepared, you can fill in the personal basic information and sign it, and sign the account opening document under the witness of the securities (Hong Kong) staff, and then the account opening materials will be delivered.
It is also more convenient to open an account online. Now many stock-trading apps support account opening, just follow the process.
To open an account in Hong Kong, you can open a bank account or a stock account in Hong Kong. You can open a Hong Kong stock account in any bank or securities company in Hong Kong as long as you have prepared your certificates and passports, or use your pass and ID card, and have a residence address that can prove the permanent residence of the head of the household.