Hong Kong stocks refer to the stocks listed on the Hong Kong Stock Exchange of the People's Republic of China (PRC) Special Administrative Region. Hong Kong's stock market is more mature, more rational and more sensitive to the world market than the mainland.
The main component of Hong Kong's securities market is the stock market, which is divided into the main board market and the Growth Enterprise Market. By the end of 2000, the combined market value of the main board and the Growth Enterprise Market reached HK$ 4,862 billion, ranking 1 1 among the major stock exchanges in the world.
Asia ranks second. When an investor opens an account in a securities company, he must fill in the account opening form and sign a customer contract. The Code of Conduct for Registrants of the Securities and Futures Commission sets out the requirements for customer contracts (requiring the designation of risk disclosure statements).
As the client contract is a legal document binding on investors, investors must confirm that all information is true before signing the client contract. In case of doubt, investors should seek legal advice.
In order to protect their own interests, investors should personally go to the office of the securities company to open an account. Before trading securities, investors should know the channels and forms of placing orders, the calculation of commissions, and the collection methods of interest and other fees.
Generally speaking, investors can place orders with exchange participants (such as securities companies) by telephone or internet, or they can place orders in the office of securities companies in person.
Investors need to specify the name (or code), quantity and price of the securities to be bought and sold when placing an order. In the whole transaction process, investors will receive two notices, namely acceptance and liquidation. After AMS/3 is fully implemented, investors can place orders with exchange participants in person or by telephone, and they can also choose any of the following "investor contact market channels". AMS/3 channel: directly supported by the Hong Kong Stock Exchange, investors can place orders through the online facilities of the Stock Exchange.
Dedicated line network system: ORS channel connecting HKEx is provided by PNS supplier; ORS can send investors' buying and selling instructions to the market through exchange participants. Investors can use the channels provided by PNS suppliers, that is, through the Internet, mobile phones and other electronic channels to place orders.