If you don't, the general securities company will open a trust account for you in a bank in Hong Kong.
Tripartite depository is only an expedient measure for the mainland. Because of the imperfect development of the mainland capital market, various problems have been caused, especially the misappropriation of customer deposits by brokers.
However, in Europe, America and Hong Kong, the markets with sound legal system and long-term capital market development have all gone through the stage of Chinese mainland, and they attach great importance to their reputation and have very strict supervision.
You don't have to worry about the safety of funds.
But I don't recommend you to open an account in a securities firm with weak financial strength to speculate in Hong Kong stocks.
You still have to choose a brokerage firm with the right scale.
Now there are many companies that can handle Hong Kong stock business, such as BOC International.
However, the Hong Kong stock business center in the financial sector is the fastest and most professional in handling Hong Kong stock business.
The following is the account opening process.
1. Prepare the ID card and bank card of any bank for establishing diplomatic relations between workers and peasants.
2. Contact the investment consultant of the Hong Kong stock business center in the financial sector and make an appointment online.
After making an appointment, you can fill out the account opening form. It only takes 10 minutes.
4. After filling out the form, the staff will send it to the company in Hong Kong to open an account (Rifa Securities is a wholly-owned subsidiary of Finance).
5. The customer will receive a risk warning call from Hong Kong. After no objection, the account will be opened within three working days, and the trust account opened in ICBC (Asia) will be sent to the customer's mailbox together with the account opening letter and password letter.
6. After receiving the mail, the customer goes to the bank for overseas remittance, and then remits Hong Kong dollars into the trust account of ICBC Asia to buy and sell Hong Kong stocks.
I wish you a happy investment!