At present, there are three ways to buy Hong Kong stocks and US stocks from China.

the first

is to buy Hong Kong stocks through the formal channels of domestic securities firms, Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect.

opening conditions:

1. You need to open a domestic brokerage account first

2. At the same time, the financial assets of the account reach 5, yuan.

Only Hong Kong stocks can be purchased and opened in this way, and there are restrictions on the subject matter of stock purchase. Companies whose stock names will be marked "Shanghai-Hong Kong Stock Connect" can buy in both places.

The second type

opens US stock accounts and Hong Kong stock accounts through the domestic American securities brokerage network platform, and correspondingly opens foreign bank accounts.

this form is also limited by the current policy, and the threshold of funding conditions is extremely high.

The third

is the most popular way at present, which opens the purchase channel of US stocks and Hong Kong stocks through the domestic agent platform.

At present, the more popular ones are Yingtong, Tiger and Leopard represented by Xueying.

the opening of these platforms is basically unlimited (asset investigation is relatively loose), and the amount of funds is relatively small (starting from the initial investment of $3,), and the handling fee will be lower than that of the second one.

add another way: users with small funds can purchase QD2, a global allocation fund. Many funds have bought shares in companies such as Alibaba, Apple and Amazon.

expanding information

account opening strategy

first, choose a suitable American securities firm to open an account. There are several points to consider when choosing a suitable US stock brokerage firm: its size and strength, tradable varieties, commission fees and preferential activities. If you need Chinese services, you need to see if the brokerage firm provides Chinese services.

then, open an account online. Most US stock brokers provide online account opening services. China enjoys the reciprocal conditions of income tax reduction and exemption from the US government, so China people can enjoy the preferential treatment of withholding income tax when they open an international account for US stocks.

there are three steps in opening an account: online application-mailing materials-injecting funds.

Step 1: Apply online.

step 2: mail the materials.

The last step of online application will tell you that you need to print the materials and mail them (and mail them). The materials to be mailed include: 1. Template of Online Service Agreement; 2. W-8BEN simple form template; 3. The ID card is a scanned copy of your valid passport (the first page and the last page, two pages * * *), and the signature on the last page of your passport is valid. Among them, 1 and 2 can be printed after filling out the online application.

Precautions for mailing materials:

1. If you choose "financing" or "option" when applying online, you need to fill in and mail "Financing Application Form" and "Option Trading and Contract".

2. The necessary documents of the account must be sent to the brokerage firm within 3 days after opening the account. If the due documents are not received within the time limit, your account will be restricted from suspending all trading activities; However, after receiving your documents, this restriction will be lifted immediately.

Step 3: Inject funds:

Remit the funds into the account of the bank clearing bank of the securities delivery company at the superior level of the securities broker. Most users use bank remittance to inject funds, which is safer and faster.

Reference: US stocks-Baidu Encyclopedia