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Conditions for opening an account with Hong Kong Stock Connect
Hong Kong Stock Connect, that is, the Hong Kong Stock Connect business under the Shanghai-Hong Kong Stock Connect, refers to mainland investors entrusting them to buy and sell stocks listed on the Hong Kong Stock Exchange through the Shanghai-Hong Kong Stock Connect account opened by mainland securities companies. Hong Kong Stock Connect needs to meet certain conditions when opening an account, as follows:

1. Account capital requirements: When an individual investor applies to open a Hong Kong Stock Connect account, the total assets in the securities account and capital account shall not be less than RMB 500,000 (excluding the funds and securities integrated through margin financing and securities lending).

2. Investment experience requirements: individual investors should have basic knowledge of stock trading in Hong Kong Stock Connect, pass relevant tests of securities companies and have more than two years of securities investment experience.

3. Risk tolerance requirements: individual investors need to have a certain risk tolerance, and are willing to bear the risks brought by investing in Hong Kong Stock Connect through the risk assessment of securities companies.

4. Integrity record requirements: individual investors do not have serious bad integrity records, and there are no laws, administrative regulations, departmental rules, normative documents and business rules that prohibit or restrict their participation in stock trading in Hong Kong Stock Connect.

5. Other conditions: According to the requirements of relevant regulatory agencies, other conditions that individual investors may need to meet shall be subject to the provisions of securities companies.

It should be noted that the opening conditions of Hong Kong Stock Connect may be adjusted. Please refer to the latest regulatory requirements and securities company regulations. Eligible investors can go to the business department of a securities company or open an online account to apply for opening the Hong Kong Stock Connect business. After the opening of the Hong Kong Stock Connect business, investors can buy and sell stocks listed on the Hong Kong Stock Exchange through mainland securities companies to realize cross-border investment.