The securities market is traded from Monday to Friday (excluding public holidays), and the trading hours are as follows:

Trading hours of Hong Kong stock market

The trading hours are Monday to Friday (excluding public holidays), and the trading hours are as follows:

1. Time before market opening: 9:00 am to 9:30 am.

9:00 am to 9: 00 am15 (during the bidding period)

9: 00 am15 to 9:20 am (pre-inspection period)

9: 20 am (counter time)

9: 20 am to 9: 30 am (suspension period)

2. Continuous trading period:

Morning market: 9:30 am to noon 12:00 (note: if there is a half-day market due to holidays, it will be closed randomly at12: 08-10).

Afternoon: 13:00 pm to16: 08-16:10pm (closed randomly)

There will be no afternoon trading on Christmas Eve, New Year's Eve or Lunar New Year's Eve.

The Stock Exchange of Hong Kong prepares a closing calendar every year, which can be consulted on the website of the Stock Exchange of Hong Kong.

The Hong Kong stock market starts trading at 10: 00 in the morning and closes at 12: 30 at noon. In the afternoon 14: 30, and the transaction ended at 16: 00. This is obviously different from the trading time of A shares. In addition, the trading period of index futures is 30 minutes longer than that of the stock market, specifically, it opens at 9: 45 am and ends at 16: 15 in the afternoon.

Closed on Saturdays, Sundays and public holidays in Hong Kong, such as Easter, Christmas and Mid-Autumn Festival.

Variety of Hong Kong stock trading: stock

Up to now, there are 1206 listed companies in the Hong Kong stock market. Here are many international giants, including famous companies such as Microsoft and Intel. In addition, a feature of Hong Kong stocks is that they can short a certain kind of securities.

guarantee

Hong Kong stock warrants are divided into equity warrants and derivative warrants. Equity warrants have no leverage ratio, derivative warrants have leverage ratio, and the issuer of equity warrants is a listed company; The underlying securities of covered warrants can be not only individual stocks, but also stock indexes.

Cow-bear syndrome

Bull-bear certificate is a combination of bull certificate and bear certificate, and it is a structural product that reflects the performance of related assets. There is a compulsory redemption mechanism for bull and bear certificates. When the positive share price is equal to the redemption price, higher than the redemption price of bull certificates or lower than the redemption price of bear certificates, compulsory redemption will be implemented.

Trust/fund

A Unit trust/mutual fund refers to a unit that issues funds to investors, and jointly invests the investors' funds in portfolios of different types of securities.

Associated bill (ELN)

If the stock price changes according to the investor's expectation, he can get a predetermined return mainly from the premium of selling options.

Hong Kong stock trading fees Investors need to pay commission (0.25%), exchange fee (0.0 12%), government fee (0. 1%), board-to-board fee and other fees (HK$ 2.5 each).

1. commission: both parties to the transaction shall pay commissions to the entrusted securities company (or bank) respectively. The level of commission is determined by investors and securities companies, but the HKEx has a minimum brokerage commission. The commission charged by a securities company for each transaction should not be less than 0.25% of the transaction amount, and the minimum fee for each transaction ranges from HK$ 50 to HK$ 65,438+050, depending on the specific regulations of each securities company.

2. Transaction fee: The unilateral transaction fee charged by HKEx is 0.005% of the transaction amount, and the share of transaction fee levied by CSRC is 0.005%. In March, 20001,the Financial Secretary announced that the transaction levy would increase by 0.002%, and this part of the transaction levy would be allocated to the new compensation fund until the fund increased to HK$ 654.38 billion.

The HKEx collects trading system usage fees from exchange participants, and buyers and sellers need to pay 0.50 yuan for each transaction. Whether exchange participants will charge this fee to customers is decided jointly by exchange participants and customers.

3. Government expenses: In March of 200 1 year, the ad valorem stamp duty rate payable by both parties for each share transaction was reduced from 0. 1 125% of the transaction amount to 0. 1%.

4. Transfer fee

Transfer paper Stamp Duty: No matter how many shares are sold, transfer paper Stamp Duty must be paid to the government according to each new transfer paper HK$ 5 yuan, and the registered shareholder (i.e. the first-hand seller) is responsible for the payment.

Transfer fees: No matter how many shares are sold, listed companies will charge new shares of transfer fees at a price of HK$ 2.5 per share, which will be paid by the buyer.