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What is the account opening process of Hong Kong Stock Connect and margin financing and securities lending?
Hong Kong Stock Connect means that mainland investors can entrust mainland securities companies to buy and sell shares listed on the Stock Exchange within the prescribed scope. Take Huatai Securities as an example. Mainland individual investors under the age of 65 can log in to Zhang Le Fortune Connect and click My-My Business-Open Hong Kong Stock Connect to apply for opening. Individual investors aged 65 and above, investors from Hong Kong, Macao and Taiwan, institutional investors and product investors need to go to the nearest business department for opening.

Margin trading is a medium-high risk business. I need to bring my ID card to the nearest business department at 9:00- 16:00 on the trading day. Investors (except institutional investors) first log in to Huatai Securities official website-Our Services-Wealth Management-Securities Finance-Margin Trading-Business Application, and complete business application and qualification investigation, which can be operated 24 hours a day.

The application of individual investors shall meet the following conditions:

1. There is no margin account in other brokers;

2. The average daily securities assets in the first 20 trading days shall not be less than 500,000 (including account cash, stocks (including Hong Kong stocks bought by Hong Kong Stock Connect, but excluding the full circulation of H shares), closed-end funds, ETFs, LOF, Shanghai Stock Connect, money funds, bonds, non-tradable shares (Shanghai Stock Connect, Shenzhen Stock Exchange and Beijing Stock Exchange), reverse repurchase, quotation repurchase, off-site opening and refinancing.

3. The first securities transaction has been completed for 6 months (excluding Hong Kong stock trading experience);

4. Non-Huatai Securities shareholders with more than 5% tradable shares and related parties;

Under 5.60 years old;

6. Have certain securities investment experience and risk tolerance;

7. Abide by national laws and administrative regulations, and have no major bond disputes, default records and other circumstances.

If you haven't opened a securities account yet, Huatai Securities now has preferential account opening activities, and the commission is much lower than that in the market. You can click on the account opening link below to open an account and enjoy the super VIP account opening activities. Specifically, you can communicate with Huatai Securities staff.