1, the difference between the opening time and the opening time
Shanghai-Hong Kong Stock Connect is connected by Shanghai Stock Exchange and Hong Kong Stock Exchange at 20 14 1 1. Shenzhen-Hong Kong Stock Connect was jointly opened by Shenzhen Stock Exchange and Hong Kong Stock Exchange on 20 16 12.
2. The opening conditions are different.
Individuals and institutions need more than 500,000 to open accounts in Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect. Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect are divided into Shanghai/Shenzhen Stock Connect and Hong Kong Stock Connect.
General Hong Kong stock account: there is no limit to funds and investment targets. Investment target account opening: Shanghai-Hong Kong Stock Connect is limited to 266 constituent stocks.
3. The investment target stock is different from the quota limit.
Hong Kong stocks under Shanghai-Hong Kong Stock Connect are listed in the constituent stocks of Hang Seng Composite Large-cap Index, Hang Seng Composite Medium-cap Index and A+H shares listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange.
The stock range of Hong Kong Stock Connect under Shenzhen-Hong Kong Stock Connect is based on the existing Hong Kong Stock Connect under Shanghai-Hong Kong Stock Connect, the constituent stocks of Hang Seng Composite Small Cap Index (including those with a market value of HK$ 5 billion or more) and A+H shares listed on both the Hong Kong Stock Exchange and the Shenzhen Stock Exchange.
4. Different influences
Compared with Shanghai Stock Exchange, Shenzhen Stock Exchange has smaller average market value, higher trading and activity, higher proportion of small and medium-sized stocks, stronger volatility and wider investment scope.
So much for the difference between Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect. I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.