At present, it is recognized that the most convenient way to directly invest in Hong Kong stocks is through Hong Kong Stock Connect. Shanghai-Hong Kong Stock Connect was officially launched on 20 1 17, which became another investment channel to communicate A shares and H shares after the launch of the through train for Hong Kong stocks in 2007.
It is said that opening the Hong Kong Stock Connect business is the most direct way to invest in Hong Kong stocks at present, because it is very convenient to open, as long as the funds are enough for 500,000, it can be opened immediately. The opening of the Hong Kong Stock Connect business does not need to open a Hong Kong stock account, but only opens the business in the A-share account, and finally quotes in Hong Kong dollars and settles in RMB.
At present, the threshold for opening the Hong Kong Stock Connect business is that the total amount of account funds exceeds 500,000 yuan.
(2) directly open a Hong Kong stock account.
Limited by the threshold of 500 thousand yuan, Hong Kong Stock Connect can only become a way for a few people to participate in investing in Hong Kong stocks. For most mainland investors, the lowest and most direct way to buy Hong Kong stocks is to open a Hong Kong stock account.
At present, there are two ways to open a Hong Kong stock account. First, investors go to Hong Kong to find Hong Kong brokers to open Hong Kong stock accounts. What they need to carry is an ID card and a bank card (after binding, they can deposit a certain amount of Hong Kong dollars into the bank card to buy and sell Hong Kong stocks in the trading day), just like opening an A-share account in the mainland, but they need to apply for a Hong Kong and Macao pass.
For many investors, it takes a lot of time to apply for Hong Kong and Macao Pass and go to Hong Kong. It will be troublesome to think about it. Is there any way to open a Hong Kong stock account directly in the Mainland?
The answer is, of course. At present, many brokers have branches in Hong Kong. These brokers can open Hong Kong stock accounts for mainland investors in the form of agency business for their subsidiaries in the Mainland, such as GF Securities, Everbright Securities and Guosen Securities.
"If you have an A-share account of GF Securities, you can bring your ID card and bank card to any GF Securities business department around you to handle a Hong Kong stock account. At present, it is not possible to open a Hong Kong stock account online. " The staff of GF Securities said on the phone.
At present, not all brokers can open Hong Kong stock accounts, so investors who already have A-share accounts in the Mainland can consult the docking investment manager to find out whether their brokers can handle Hong Kong stock accounts in the Mainland. If not, they can try to transfer money first and then handle it.
(3) Invest in Hong Kong stocks by purchasing fund curve.
Funds that track Hong Kong stocks and Hong Kong stock indexes can also participate in the investment feast of Hong Kong stocks instead of buying Hong Kong stocks directly. While the Hong Kong stock market is booming, these funds have also skyrocketed. At present, funds with Hong Kong stocks as investment targets are commonly known as Hong Kong stock QDII, mainly including ETF funds and graded funds. There are many QDIIs with Hong Kong stocks as investment targets, such as Yin Hua H shares, E Fund Asia Select, Harvest Hang Seng H, Harvest Hang Seng Index ETF and Southern Hang Seng Index ETF. Graded funds mainly include Hang Seng B, Hang Seng A, H shares B and H shares A, etc.
These funds that invest in Hong Kong stocks mainly invest in Hong Kong stocks and Hong Kong stock indexes. For example, the main investment target of the South Hang Seng ETF is the Hang Seng Index represented by tracking the blue-chip stocks in Hong Kong.
It is worth noting that each fund company has QDII quota limit, and the quota is different. For example, the QDII quota of Huaxia Fund with a large quota is 3.5 billion US dollars, and the QDII quota of Yin Hua Fund with a small quota is 300 million US dollars. However, due to the recent madness of Hong Kong stocks, many investors subscribed for QDII, and the quota was quickly exhausted. Eight fund companies, including Huaxia, have suspended QDII subscription.
How to buy these funds? Buying a fund is actually similar to buying stocks. If you have a stock account, you can buy funds directly through the stock account without paying stamp duty.