Trading hours and rules of Hong Kong stocks 2022
Hong Kong stock trading rules:
1. Hong Kong stocks are traded under the T+0 trading system and can be traded on the same day;
2. Before the actual delivery date T+2. T+2, unable to withdraw cash, physical stocks, and transfer purchased shares;
3. Hong Kong stocks can be short.
4. There is no price limit for Hong Kong stocks, but there will be a market fluctuation adjustment mechanism, that is, a cooling-off period of 5 minutes. During the cooling-off period of 5 minutes, the trading orders of market-regulated securities will be declared within the allowed price range. After the cooling-off period is over, the securities that trigger the market regulation mechanism will enter normal trading, and will not be restricted by the fluctuation of the market regulation mechanism.
Trading hours of Hong Kong stocks:
Hong Kong stocks are traded from Monday to Friday and closed on Saturdays, Sundays and holidays. The specific time is as follows:
Pre-market trading time: 9: 00 ~ 9: 30;
Early trading time: 09: 30 ~12: 00;
Lunch break:12: 00 ~13: 00;
Afternoon trading time:13: 00 ~16: 00;
There is no afternoon trading on Christmas Eve, New Year's Eve or Lunar New Year's Eve.
Investors who want to buy Hong Kong stocks need to open a Hong Kong stock account (to open an account with a Hong Kong securities firm) or a Hong Kong Stock Connect account (to open an account with a securities company). There is no capital requirement for opening a Hong Kong Stock Connect account, but there is a capital requirement of 500,000 yuan for opening a Hong Kong Stock Connect account. In addition, Hong Kong Stock Connect can basically trade all stocks listed on the Hong Kong Stock Exchange, while Hong Kong Stock Connect can only trade some excellent Hong Kong stocks, which are different in commission, exchange and dividend tax.
The above content also mentioned that there is no price limit for Hong Kong stocks, but there is one in the A-share market, so the risk of trading Hong Kong stocks is higher than that of trading A-shares. Investors should be cautious in buying Hong Kong stocks, or investors can buy Hong Kong stocks indirectly through QDII funds, which can reduce risks.