Many excellent domestic companies are listed in Hong Kong. If you want to buy some of these stocks, you can buy Hong Kong stocks through the Hong Kong Stock Connect business, but it is more attractive than daily trading. Can Hong Kong Stock Connect buy new Hong Kong stocks?

Can Hong Kong Stock Connect play new Hong Kong stocks?

Hong Kong Stock Connect is not allowed to participate in the innovation of Hong Kong stocks. Investors who want to participate in innovation can open accounts through local regular brokers in Hong Kong. The advantages of Hong Kong stock market innovation are low participation threshold, high winning rate and short capital occupation time, but the disadvantage is that the risk of breaking is relatively high.

The trading risk of Hong Kong stocks is greater than that of A-shares, mainly because there is no price limit for Hong Kong stocks. In addition, when investing in Hong Kong stocks, we need to pay attention to the exchange rate risk, because before investing in Hong Kong stocks, we need to convert RMB into Hong Kong dollars, so once we buy Hong Kong stocks, the RMB exchange rate will rise, which is not good for us.