The capital threshold for opening an account in Hong Kong stocks varies according to the different ways of opening an account. For example, opening an account in Hong Kong Stock Connect requires an account balance of more than 500,000 yuan, while there is no capital threshold for investing in QDII through opening an account with a Hong Kong brokerage.
If individual investors want to open a Hong Kong stock account, Xiao Gan will talk to you about these three ways to open a Hong Kong stock account.
The first option is to open an account in Hong Kong Stock Connect. This requires that investors have opened A-share securities accounts in Shanghai or Shenzhen, and the average daily assets in the first 20 trading days are not less than 500,000 yuan, and risk assessment has been made. However, this method cannot participate in the Hong Kong stock market.
The second option is to open an account with a brokerage firm in Hong Kong. There is no capital threshold and position requirement for licensed brokers of Hong Kong Securities Regulatory Commission to open securities accounts in Hong Kong stocks.
After meeting the requirements, investors can hold legal and valid certificates to open Hong Kong stock accounts on the official platform designated by securities companies, and can trade all stocks listed in Hong Kong stocks.
The third is to indirectly invest in Hong Kong stocks through QDII funds. If you have an A-share account, but the balance is not 500,000, you can't run Hong Kong Stock Connect and Shenzhen Stock Connect, and you don't want to open a Hong Kong stock account for the time being. You can invest in Hong Kong stocks with the help of QDII funds issued by institutions.
Regarding the materials to be prepared for opening a Hong Kong stock securities account, mainland investors who want to register and open an account in Hong Kong should prepare their ID cards, passports, passes and proof of their common residence address in the Mainland;
If you open an account in an agency in Chinese mainland, you only need to prepare your ID card and residence permit. Of course, for local residents in Hong Kong, it is enough to bring their ID cards and relevant copies and residence certificates.