Stock trading should adjust mentality and learn trading rules. In order to better understand the trading rules of Hong Kong stocks, let's compare the A shares in Shanghai stock market.
1
Main transaction cost
The transaction rate involves the investment cost, so everyone must study hard.
Source: Direct International
There are differences in transaction costs between Hong Kong stocks and Shanghai A-shares. Shareholders' friends should look for companies with high reputation and low commission, such as Direct International. As a leader in the peripheral futures industry, they are highly recognized by the industry for their excellent service, advanced trading software and low commission. In order to bring more comprehensive and convenient trading experience to investors, Direct International has now entered the field of Internet brokers, and a direct Ding Ying software can trade global securities and global futures.
2
Sometimes good and sometimes bad; Ups and downs
As we all know, the Shanghai stock market has a price limit. However, Hong Kong stocks do not have this restriction. But a market fluctuation adjustment mechanism (cooling-off period).
The so-called "cooling-off period" refers to the five-minute cooling-off period in the securities market when the price of the market-adjusted securities deviates from the final transaction price five minutes ago by more than 10%. During the cooling-off period, trading is allowed within the price limit. After the cooling-off period, unrestricted normal trading will be resumed. (The market adjustment mechanism is only applicable to the 865,438+0 HSI and SOE index components in the securities market.)
three
Trading unit
Shanghai shares are one 100 shares, and Hong Kong stocks are also based on "hands", but each hand contains different quantities. 1 hand may be 100 shares, 500 shares, 1000 shares, 2000 shares, which are different.
four
Quotation display
In Shanghai, red stands for rising, while green stands for falling. On the contrary, Hong Kong stocks fell red and rose green.
In addition to the above trading rules, we can also look at other advantages of Hong Kong stocks.
Hong Kong stocks are T+0 transactions. Investors can buy stocks today and sell them today. So when we judge the market, if we find a mistake at that time, we can change our strategy in time, instead of waiting until the next day. It is conducive to reducing risks and will not delay the opportunity.
The settlement and delivery system of Hong Kong stocks adopts T+2 mode. For example, today's stock trading is completed in T0 days, so the settlement and delivery time is the second trading day after that, which is T+2. For example, stocks are traded on Monday, and the delivery time is Wednesday. If the stock is traded on Thursday, the delivery time is not Saturday, because Saturday is not a trading day, and the delivery will be completed next Monday.
Finally, we should pay attention to the trading hours of Hong Kong stocks, which are trading days from Monday to Friday and closed on Saturday, Sunday and public holidays. Trading time includes early bidding, continuous trading and closing bidding. The continuous trading hours are 9: 30 am-12: 00 am, afternoon13: 00 am-16: 00 am, five and a half hours a day. The types of Hong Kong stock orders directly supported in the world include enhanced limit orders and bidding limit orders.
If you are a rational and mature investor, you must not ignore the differences and confuse the rules in the process of trading A shares and Hong Kong stocks. Nowadays, the global financial industry is developed. Without learning some investment knowledge, you really can't cope with high inflation and currency depreciation. Are you ready to invest in Hong Kong stocks?