Many A-share investors are still relatively new to Hong Kong stock investment. Some may have some familiarity and simply know that there is no price limit for T+0 trading. If you want to have an in-depth understanding of Hong Kong stocks, you must first find a reliable securities firm licensed by the Hong Kong Securities Regulatory Commission, such as Advocate Securities, and open a Hong Kong stock account because opening an account is free. Once you have an account, you can understand more deeply and less. Pay some tuition fees

Some common transactions in Hong Kong stocks.

1. T+0 trading rules

Advantages: buy and sell immediately (buy on the same day and sell on the same day).

Risk: The stock price growth of small and mid-cap stocks is more likely to be manipulated.

2. No limit on increase or decrease

Advantages: Unlimited increase in income may be 200% or even 900%, circuit breaker mechanism (or the company's stock is shorted by conspirators, the company can initiate a trading suspension Emergency handling reduces risks and protects investors’ interests).

Risk: Without a drop limit, losses may be -50% or even -99% in an instant.

3. Hong Kong derivatives market

Advantages: You can do both long and short (Hong Kong derivatives are one of the most actively traded in the global stock market. Derivatives are simply used by institutions to trade part of their stocks. Issuing a contract transaction with leverage can buy up or down, and the ups and downs will fluctuate with the price of the underlying stock).

Risk: If the issue price is triggered, the position will be liquidated (the entire order amount will be lost), but the benefits will be proportional. The first Hang Seng Index derivative I ever bought, the Hang Seng Index, rose by 300 points. The Hang Seng Index derivatives I purchased have more than doubled by 130%.

4. Hong Kong stocks launch new stocks

Advantages: high winning rate, no position and capital requirements, new stocks generally have a larger increase and a smaller decrease on the first day of listing.

Risk: The issue may be broken (fall below the issue price) on the first day of listing, and the subscription funds will be frozen for a long time.

According to statistics, Hong Kong stocks ranked first in the global stock market in 2017, with a return rate of about 56%.

5. Trading hours (opening time: 9:30 in the morning to 12:00 noon, closing time: 13:00-16:00 in the afternoon) are one and a half hours longer than A-shares.

6. Short selling is available (stocks on the short selling list, such as large blue chip stocks, can be sold first and then bought).

7. T+2 settlement (cash withdrawals can only be made on the second working day after selling the stock).

8. The number of trading lots (the minimum number of trading lots is determined by the listed company, and the transaction must be a multiple of the minimum number of trading lots), such as 400 shares. One hand, buying and selling the stock market must be a multiple of 400.

9. The par value of the stock (can be 1 yuan and 10 cents to a minimum of 1 cent per share).