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Virtual currency Hong Kong stock

Publish: 2021-04-28 17:51:13
1.

Hong Kong stock market is quoted in Hong Kong dollar and settled in RMB

Hong Kong stock connect is a kind of stock, its range is the constituent stocks of Hang Seng Composite large stock index and Hang Seng Composite Medium stock index of the stock exchange of Hong Kong, and the stocks of a + H-share companies in the stock exchange of Hong Kong and the Shanghai Stock Exchange at the same time. Both parties can adjust the scope of investment subject according to the pilot situation

< H2 > extended information

the Shanghai Hong Kong stock connect is an important part of China's capital market opening to the outside world, which is concive to strengthening the connection between the two capital markets and promoting the two-way opening of the capital market. It has many positive significance:

(1) it is concive to enhancing the comprehensive strength of China's capital market through a new cooperation mechanism. The Shanghai Hong Kong stock connect can deepen exchanges and cooperation, expand investment channels for investors from both sides, and enhance market competitiveness

(2) it is concive to consolidating the status of Shanghai and Hong Kong as two financial centers. Shanghai Hong Kong stock connect helps to enhance the attraction of Shanghai and Hong Kong markets to international investors, improve the investor structure of Shanghai market, and further promote the construction of Shanghai international financial center; At the same time, it is concive to the development of Hong Kong into an important overseas investment market for mainland investors and the consolidation and upgrading of Hong Kong's status as an international financial center

(3) it is concive to promoting the internationalization of RMB and supporting Hong Kong to develop into an offshore RMB business center. The Shanghai Hong Kong stock connect can not only facilitate mainland investors to directly use RMB to invest in the Hong Kong market, but also increase the investment channels for overseas RMB funds to facilitate the orderly flow of RMB between the two places

2. The Hong Kong market is full of Hong Kong dollar transactions
Hong Kong stocks refer to the stocks listed on the stock exchange of Hong Kong. Compared with the mainland stock market, the Hong Kong stock market is more mature and standardized. Hong Kong's securities market was established in 1866. After more than 100 years of development, it has established a highly strict and standardized regulatory legal system, making it one of the most efficient, fair and mature securities markets in the world. It can effectively protect the rights and interests of investors and small and medium-sized shareholders.
3. A shares quoted in RMB, Hong Kong shares quoted in Hong Kong dollars, Shanghai B shares quoted in US dollars, Shenzhen B shares quoted in Hong Kong dollars
4. RMB can't buy Hong Kong stocks directly
through the A-share account, after opening the Hong Kong stock connect, buy Hong Kong stocks in the A-share account
when buying Hong Kong stocks, RMB is converted into Hong Kong dollars according to the exchange rate of Hong Kong stocks, and Hong Kong stocks are bought directly
Hong Kong stock connect requires more than 500000 yuan.
5. The price of Hong Kong stock is denominated in Hong Kong dollar, not in RMB. Therefore, the price of Hong Kong stock seen in the flush or other software is the price of Hong Kong dollar.
6.

No, investors buy and sell Hong Kong stocks through Shanghai Stock Exchange and Hong Kong stock exchange. They all trade in Hong Kong dollars. What they actually pay or receive is RMB

7. Yes, you can buy the specified investment target stocks by opening the Hong Kong stock connect in a securities company. The Hong Kong stock connect is quoted in Hong Kong dollars and settled in RMB. Customers who only hold RMB can choose this way. However, the variety of Hong Kong stock connect is limited to the constituent stocks of Hang Seng Composite large stock index and Hang Seng Composite Medium stock index on the stock exchange of Hong Kong, and the stocks of a + H-share companies on the stock exchange of Hong Kong and the Shanghai Stock Exchange at the same time. However, if you have a foreign currency bank card, you can consider opening an external offer account through a subsidiary of a futures company in Hong Kong or an international business department, so that you can invest in external offer stocks (including Hong Kong stocks and US stocks).
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