In fact, all the stocks bought by investors in the Hong Kong stock market through Shanghai Stock Connect and Shenzhen Stock Connect are recorded under the Hong Kong Central Clearing.
HKSCC is not an investment institution, but a securities settlement institution, similar to China Securities Depository and Clearing Corporation in China.
At present, there are two ways for us to buy Hong Kong stocks in the Mainland
Method 1: through the channels of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect
A. Conditions: there are assets of 5, yuan in the stock account;
B, the opening can be completed in five steps after the conditions are met: customer application → knowledge evaluation → risk disclosure → agreement signing → opening. Don't worry, the staff will help you arrange everything after you arrive at the securities company!
however, the disadvantage is that the threshold is relatively high: 5,, and in addition, you can only buy stocks within the specified range: the constituent stocks of the Hang Seng Composite Large Stock Index, the constituent stocks of the Hang Seng Composite Medium Stock Index, and the H shares of listed companies with A+H shares listed and traded in Shanghai.
mode 2: mutual recognition of funds between land and hong kong
A and QDII funds. QDII is qualified domestic institutional investor, and QDII fund is a fund issued by these institutions to invest in overseas assets. Some of them are funds that invest in Hong Kong stocks. If you buy them, it is equivalent to indirectly investing in Hong Kong stocks.
B. Mutual recognition of funds between land and Hong Kong. Huaxia, Guangfa, ICBC Credit Suisse and HSBC are all old-fashioned Public Offering of Fund, and some of their funds have also been selected into the mutual recognition list of funds in the mainland and Hong Kong, and the investment threshold of some funds is as low as that in 1 yuan, so that Financial Xiaobai can also conduct global asset allocation on a high level.