I. Ways to speculate in Hong Kong stocks
There are two main ways to speculate in Hong Kong stocks, one is through the Hong Kong Stock Connect, and the other is to directly open Hong Kong stocks in Hong Kong securities companies. Hong Kong Stock Connect is a kind of stock, which covers the components of the Hang Seng Composite Large-cap Index and Hang Seng Composite Medium-cap Index of the Hong Kong Stock Exchange and the A+H shares of companies listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange. The mode of operation of the Hong Kong Stock Connect is that investors entrust mainland securities companies to report to the Hong Kong Stock Exchange through the securities trading service company established by the Shanghai Stock Exchange (order delivery) to buy and sell Hong Kong stocks within the prescribed scope. In addition to the Hong Kong Stock Connect, there is also the Shanghai Stock Connect. The operation method of the Shanghai Stock Connect is that investors entrust Hong Kong brokers to report (buy and sell) to the Shanghai Stock Exchange through the securities trading service company established by the Hong Kong Stock Exchange to buy and sell A shares within the prescribed scope. Shanghai-Hong Kong Stock Connect is an important part of China's capital market opening to the outside world, which is conducive to strengthening the connection between the two capital markets and promoting the two-way opening of the capital market, and has many positive significance. First of all, it is conducive to enhancing the comprehensive strength of China's capital market through a brand-new cooperation mechanism; Secondly, it is conducive to consolidating the status of Shanghai and Hong Kong as two financial centers. It is also conducive to promoting the internationalization of RMB and supporting Hong Kong to develop into an offshore RMB business center.
Second, how to transfer the money from Hong Kong stocks to personal accounts in the Mainland
Generally, it is necessary to have a foreign exchange account to speculate in Hong Kong stocks. Now it is best to set up a personal bank account in Hong Kong, and then withdraw the money. If you want to withdraw it back to China, you can transfer it to a domestic card. In China, everyone has a foreign exchange quota of 5, US dollars every year. If 5 thousand is not enough, find a way, for example, transfer it to your family with a Hong Kong card or go to Hong Kong to withdraw cash. To withdraw money, you must have a Hong Kong card or other accounts that can receive foreign exchange.
If you want to buy Hong Kong stocks, investors can open the Shanghai-Hong Kong Stock Connect, but when it is opened, investors need to have an A-share account on the Shanghai Stock Exchange, and the assets in the securities account are not less than 5, yuan. At this time, you can open the Shanghai-Hong Kong Stock Connect, and then you can buy and sell stocks listed in Hong Kong. If you don't have such conditions, you can only choose Hong Kong brokers to open accounts and trade Hong Kong stocks. When users open an account to buy Hong Kong stocks through brokers, they generally need to go to Hong Kong. At this time, they need to provide ID cards and proof of address. Investors can also open accounts through domestic brokers of Hong Kong branches, such as Southern Securities (Hong Kong), Guotai Junan (Hong Kong) and China Merchants Securities (Hong Kong). If users want to invest in Hong Kong stocks, it is best to understand the trading rules of Hong Kong stocks. For example, Hong Kong stock trading supports T+ revolving trading, which means that they can buy on the same day and sell on the same day; Moreover, there is no limit on the fluctuation range, and the T+2 system is implemented in the settlement of funds.