What Hong Kong stocks can Hong Kong Stock Connect buy?
The stock range of Hong Kong Stock Connect is the constituent stocks of Hang Seng Composite Large-cap Index and Hang Seng Composite Medium-cap Index of Hong Kong Stock Exchange and A+H shares of companies listed on Hong Kong Stock Exchange and Shanghai Stock Exchange.
Of course, the investment target of Hong Kong Stock Connect is not fixed and will be adjusted regularly. Stocks within the above-mentioned range shall not be included in the Hong Kong Stock Connect under any of the following circumstances:
(1) H shares corresponding to A+H listed companies listed on the A-share market of Shenzhen Stock Exchange were given risk warning, suspended listing or entered the delisting consolidation period;
(2) H shares corresponding to A+H listed companies whose A shares are traded on the risk warning board of Shanghai Stock Exchange or whose listing is suspended;
(3) Stocks quoted and traded in currencies other than Hong Kong dollars in securities exchanges;
(4) Other special circumstances identified by Shenzhen Stock Exchange.
Conditions for opening an account with Hong Kong Stock Connect:
1. A-share securities account has been opened in Shanghai or Shenzhen;
2. The average daily assets in the first 20 trading days shall not be less than RMB 500,000 (the market value of securities and the balance of available funds shall be calculated together, including the net assets of margin financing and securities lending), which shall be handled at the counter;
3. Complete the risk assessment questionnaire (the questionnaire assessment results have been completed within the 2-year validity period);
4. Pass the business knowledge test of Hong Kong Stock Connect;
5. There is no serious problem of bad faith, and it has not been warned of abnormal trading by Shanghai Stock Exchange in the last 3 months;
6. There are no circumstances that prohibit or restrict participation in stock trading of potential stocks as stipulated by laws, administrative regulations and departmental rules;