SZ/SH-HK STOCK CONNECT

UOB Kay Hian provides you with Shenzhen/Shanghai-Hong Kong Stock Connect trading services:
A-share trading on our UTRADE Web trading platform
   
Access to Hong Kong, Shenzhen & Shanghai markets with one account
   
A-share real-time streaming service
   
Margin financing with attractive interest rates for numerous A shares and Hong Kong stocks
   
A-share market research reports from our team of professional analysts
   
A series of investment seminars covering the latest analysis
   
UOB Kay Hian is among the first batch of brokers to provide the Shenzhen-Hong Kong Stock Connect trading service.
 

What is “Shenzhen-Hong Kong Stock Connect”?

Shenzhen-Hong Kong Stock Connect is a securities trading and clearing links programme to be developed by Hong Kong Exchanges and Clearing Limited (HKEX), Shenzhen Stock Exchange (SZSE) and China Securities Depository and Clearing Corporation Limited (ChinaClear), aiming to achieve a breakthrough in mutual market access between the Mainland and Hong Kong.
Under Shenzhen-Hong Kong Stock Connect, The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of HKEX, and SZSE will establish mutual order-routing connectivity and related technical infrastructure to enable investors of their respective market to trade designated equity securities listed in the other’s market.

What is “Shanghai-Hong Kong Stock Connect”?

Shanghai-Hong Kong Stock Connect is a securities trading and clearing links programme to be developed by Hong Kong Exchanges and Clearing Limited (HKEX), Shanghai Stock Exchange (SSE) and China Securities Depository and Clearing Corporation Limited (ChinaClear), aiming to achieve a breakthrough in mutual market access between the Mainland and Hong Kong.

Under Shanghai-Hong Kong Stock Connect, The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of HKEX, and SSE will establish mutual order-routing connectivity and related technical infrastructure to enable investors of their respective market to trade designated equity securities listed in the other’s market.

Advantages of SZ-HK Stock Connect and SH-HK Stock Connect:

  • Convenience - Access to Shenzhen/Shanghai market without opening a Mainland account.
  • Efficiency
    • HKEX subsidiaries are responsible for trading, clearing and settlement
    • All fund transfers are in Hong Kong
  • Participate in growth of the most exciting emerging economy – China
  • Diversify investment portfolio with shares from China market
    • Programme covers a wide range of SSE and SZSE A shares
  • New opportunities to invest with RMB
    • Trading and settlement in RMB

For more details, please visit the HKEX Website or Shanghai Connect/ Shenzhen Connect Website.

1. Investor and Participant Eligibility

Except ChiNext Stocks of Shenzhen Stock Exchange (SZSE) which may only be traded by institutional professional investors in the initial stage1, Hong Kong and overseas investors are allowed to trade any Connect Securities through Shanghai and Shenzhen Connect. Only Mainland institutional investors and those individual investors who satisfy the eligibility criteria (i.e. Individual investors who hold an aggregate balance of not less than RMB 500,000 in their securities and cash accounts) will be accepted to trade SEHK Securities in Southbound trading.

1. ChiNext stocks refer to stocks listed on the ChiNext Board of SZSE which are eligible for trading under the Northbound Shenzhen Connect Trading Link. Other investors may later be allowed to trade SZSE ChiNext stocks subject to resolution of related legal and regulatory issues.

2. Eligible Securities for Northbound Trading under Shenzhen Connect and Shanghai Connect

Among the different types of SSE- or SZSE-listed securities, only A shares are included in Shanghai and Shenzhen Connect. Other product types such as B shares, Exchange Traded Funds (“ETFs”), bonds, and other securities are not included.

Shenzhen Connect

Under Shenzhen Connect, SZSE Securities that are eligible for trading by Hong Kong and overseas investors include:

(1) all the constituent stocks of the SZSE Component Index and the SZSE Small/Mid Cap Innovation Index which have a market capitalization of not less than RMB 6 billion, and
(2) all the SZSE-listed A shares which have corresponding H shares listed on SEHK,
except the following:
(a) SZSE-listed shares which are not traded in RMB; and
(b) SZSE-listed shares which are under risk alert 3 or under delisting arrangement.

At the initial stage of Shenzhen Connect, investors eligible to trade shares that are listed on the ChiNext Board of SZSE under Northbound trading will be limited to institutional professional investors*. Subject to resolution of related regulatory issues, other investors may subsequently be allowed to trade such shares.

SZSE-listed securities will be included and excluded as SZSE Securities based on adjustments made to the SZSE Component Index and the SZSE Small/Mid Cap Innovation Index, the market capitalization of each constituent stock of the SZSE Component Index and the SZSE Small/Mid Cap Innovation Index calculated according to such methodology as determined by SZSE at the periodic adjustment of the index, the timing at which the relevant A shares and H shares are listed on or delisted from SZSE and/or SEHK, and the timing at which relevant A shares are placed under risk alert or released from risk alert.

*For ChiNext stock trading or any related enquiries, please contact your Account Manager.

Shanghai Connect

Under Shanghai Connect, SSE Securities that are eligible for trading by Hong Kong and overseas investors include

(1) all the constituent stocks of the SSE 180 Index
(2) the SSE 380 Index, and
(3) all the SSE-listed A shares that are not included as constituent stocks of the relevant indices but which have corresponding H shares listed on SEHK,
except the following:
(a) SSE-listed shares which are not traded in RMB; and (b) SSE-listed shares which are under risk alert.

SSE-listed securities will be included and excluded as SSE Securities based on the adjustments made to the SSE 180 Index and the SSE 380 Index, the timing at which the relevant A shares and H shares are listed on or delisted from SSE and/or SEHK, and the timing at which relevant A shares are placed under risk alert or released from risk alert.

3. In what situation may the SZSE Securities and SSE Securities be restricted from further buying (but available for selling)?

Shenzhen Connect

Investors will only be allowed to sell but restricted from buying such SZSE Securities if:
(a) such securities subsequently cease to be a constituent stock of the relevant indices; and/or
(b) such securities are, based on any subsequent periodic review, determined to have a market capitalisation of less than RMB 6 billion; and/or
(c) they are subsequently placed under risk alert; and/or
(d) the corresponding H shares of such securities are subsequently delisted from SEHK, as the case may be.


Shanghai Connect

(a) such securities subsequently cease to be a constituent stock of the relevant indices; and/or
(b) they are subsequently placed under risk alert; and/or
(c) the corresponding H shares of such securities are subsequently delisted from SEHK, as the case may be.

4. When the corresponding H share of an SZSE or SSE Security is suspended from trading on SEHK, are investors allowed to further buy and/or sell the SZSE or SSE Security which remains active on?

Investors can continue to buy and sell the SZSE or SSE Security unless otherwise determined by SEHK.

5. Is there a quota for Shenzhen Connect and Shanghai Connect?

Trading under Shanghai and Shenzhen Connect will be subject to a Daily Quota. The Northbound Daily Quota is set at RMB 13 billion, and the Southbound Daily Quota is set at RMB 10.5 billion.

6. How does the Daily Quota work?

The Daily Quota limits the maximum net buy value of cross-boundary trades under Shenzhen-Hong Kong Stock Connect and Shanghai-Hong Kong Stock Connect each day.
SEHK monitors the usage of the Northbound Daily Quota on a real time basis. The Northbound Daily Quota Balance will be updated on HKEX Website every minute:

Daily Quota Balance = Daily Quota – Buy Orders + Sell Trades + Adjustments

The Daily Quota will be reset every day. Unused Daily Quota will NOT be carried over to next day’s Daily Quota.

If the Northbound Daily Quota Balance drops to zero or the Daily Quota is exceeded during the opening call auction session, new buy orders will be rejected. However, as order cancellation is common during opening call auction, the Northbound Daily Quota Balance may resume to a positive level before the end of the opening call auction. When that happens, SEHK will again accept Northbound buy orders.

If the Northbound Daily Quota Balance drops to zero during a continuous auction session, no further buy orders will be accepted for the remainder of the day. It should be noted that buy orders already accepted will not be affected by the Daily Quota being used up and will remain on the order book of SSE and SZSE respectively unless otherwise cancelled by relevant SEHK/ SEHK Participants.

7. Can investors participate in the initial public offerings (IPO) in the Shenzhen and Shanghai markets?

Shenzhen Connect and Shanghai Connect do not support initial public offering.

8. What are the trading hours for trading SZSE and SSE Securities?

Northbound trading will follow SZSE’s and SSE’s trading hours. However, SEHK will accept Northbound orders from EPs five minutes before the Mainland market session opens in the morning and in the afternoon.

 

SZSE Trading Session

SZSE Trading Hours

Time for EPs to input Northbound orders

Opening Call Auction

09:15 – 09:25

09:10 – 11:30

 

Continuous Auction (Morning)

09:30 – 11:30

Continuous Auction (Afternoon)

13:00 – 14:57

12:55 – 15:00

Closing Call Auction

14:57 – 15:00

09:20 – 09:25, 14:57 – 15:00: SZSE will not accept order cancellation.
09:10 – 09:15; 09:25 – 09:30; 12:55 – 13:00: Orders and order cancellations can be accepted by SEHK but will not be processed by SZSE until SZSE’s market open.
Any buy or sell orders not executed during the opening call auction session will automatically enter the continuous auction session. Any buy or sell orders not executed during the continuous auction session will automatically enter the closing call auction.

 

SSE Trading Session

SSE Trading Hours

Time for SEHK Participants to input Northbound orders

Opening Call Auction

09:15 – 09:25

09:10 – 11:30

 

Continuous Auction (Morning)

09:30 – 11:30

Continuous Auction (Afternoon)

13:00 – 15:00

 

12:55 – 15:00

09:20 – 09:25: SSE will not accept order cancellation.
09:10 – 09:15; 09:25 – 09:30; 12:55 – 13:00: Orders and order cancellations can be accepted by SEHK but will not be processed by SSE until SSE’s market open.
Orders that are not executed during the opening call auction session will automatically enter the continuous auction session.

9. What is the trading and settlement currency?

Hong Kong and overseas investors will trade and settle SZSE and SSE Securities in RMB only. Mainland investors will trade SEHK Securities quoted in HKD only and settle the trades with ChinaClear or its clearing participants in RMB.

10. Do I need to exchange RMB in order to trade SZSE and SSE securities?

Clients need to have sufficient RMB in their accounts on settlement day (T+1), otherwise, there will be OD interest incurred on debit balance.

11. What kind of order type(s) are accepted when trading SZSE and SSE Securities under Shenzhen-Hong Kong Stock Connect and Shanghai-Hong Kong Stock Connect?

For Northbound trading, only limit orders (i.e. orders which can be matched at the specified price or a better price) will be accepted for SSE Securities and SZSE Securities throughout the day.

For Southbound trading, only at-auction limit orders will be accepted during the pre-opening session and only enhanced limit orders will be accepted during the continuous trading session.

12. Can investors conduct day trading of SZSE and SSE Securities?

Day trading is not allowed for both Connect Markets. Therefore, Hong Kong and overseas investors buying SZSE and SSE Securities on T-day can only sell the shares on and after T+1 (see also Pre-trade Checking).
For Southbound trading, Mainland investors are allowed to conduct day trading for Hong Kong stocks.

13. Is margin trading allowed for SZSE and SSE Securities?

Subject to conditions, margin trading in SZSE and SSE Securities may be conducted.

Hong Kong and overseas investors cannot participate in the Margin Trading and Securities Lending (融資融券) Programme provided by SSE and SZSE in Mainland China. However, based on requirements set by SSE and SZSE, CCEPs and SEHK Participants who are registered with SEHK to conduct trading in Connect Securities through CCEPs for the account of their clients (“Trade-through EPs”) would be allowed to provide securities margin financing arrangement to their clients to buy Connect Securities through Shanghai and Shenzhen Connect. Currently, Mainland investors can only conduct margin trading on a Connect Market in certain A shares that the SSE or SZSE, as the case may be, has determined as eligible for margin trading and stock borrowing and lending. Hong Kong and overseas investors conducting margin trading in Connect Securities via Shanghai and Shenzhen Connect will be subject to similar restrictions. A list of Eligible SSE Securities for Margin Trading, the scope of which is determined by SSE from time to time, has been posted on the HKEX Website for reference by the investing public. Only those SSE Securities which are eligible for both buy orders and sell orders through Shanghai Connect are included in the list. The same arrangement will be applied to margin trading in SZSE Securities through Shenzhen Connect. According to the relevant rules of SSE and SZSE, each of SSE and SZSE may suspend margin trading activities in specific A shares in its market when the volume of margin trading activities in such A shares exceeds the threshold determined by it and resume margin trading activities when the volume drops below a prescribed threshold. When SEHK is notified by SSE or SZSE that such suspension and/or resumption involves an SSE Security on the List of Eligible SSE Securities for Margin Trading or an SZSE Security on the List of Eligible SZSE Securities for Margin Trading, SEHK Participants and investors will be informed through the HKEX Website. Margin trading in the relevant SSE Security or SZSE Security, as the case may be, should be suspended and/or resumed in Hong Kong accordingly. Based on current requirements on margin trading of SSE and of SZSE, each of SSE and SZSE will suspend further margin trading in a stock eligible for margin trading after the “margin trading indicator” for the stock (單隻股票的融 資監控指標) reaches 25%. When the “margin trading indicator” drops below 20%, SSE/SZSE will allow margin trading to resume. For information, each of SSE and SZSE publishes a list of A shares which have reached the 25% margin trading indicator on its Website (in respect of the SSE market) and here (in respect of the SZSE market).

14. Is Stock Borrowing and Lending (SBL) allowed for SZSE and SSE Securities?

SBL of Connect Securities will be allowed in the following situations:

(a) for the purpose of short selling in accordance with the Rules of the Exchange: an investor borrows Connect Securities and sells them on the relevant Connect Market through a CCEP via Northbound trading; and
(b) for the purpose of enabling a CCEP’s client to sell Connect Securities when it is unable to effect a transfer of the relevant Connect Securities to the CCEP’s clearing account in time to meet the pre-trade checking requirement set out in the Rules of the Exchange.

SBL in Connect Securities is subject to restrictions set by SSE or SZSE, as the case may be, which are or will be incorporated into the Rules of the Exchange. These include:

(a) SBL agreements for the purpose of short selling cannot be longer than one calendar month;
(b) SBL agreements for meeting pre-trade checking requirement cannot be longer than one day and roll-over is not allowed;
(c) Stock lenders are restricted to certain types of persons determined by SSE or SZSE, as the case may be; and
(d) SBL activities will need to be reported to SEHK.
SBL for the purpose of short selling will be limited to those Connect Securities which are eligible for both buy orders and sell orders through Shanghai and Shenzhen Connect, i.e. excluding Connect Securities that are only eligible for sell orders. SBL for the purpose of meeting the pre-trade checking requirements will cover all Connect Securities, including Connect Securities that are only eligible for sell orders through Shanghai and Shenzhen Connect.

15. Is Short Selling of SSE and SZSE Securities allowed by SSE and SZSE?

Naked short selling is prohibited for Northbound trading. Covered short selling of Connect Securities is allowed subject to the following requirements:
(a) only eligible Connect Securities (Short Selling Security) can be short sold. The List of Eligible SSE Securities for Short Selling has been published on the HKEX Website and the list is compiled by reference to SSE’s list of eligible stocks for short selling for the SSE market excluding SSE Securities which are eligible for only sell orders. The List of Eligible SZSE Securities for Short Selling will be published on the HKEX Website and the list will be compiled by reference to SZSE’s list of eligible stocks for short selling for the SZSE market excluding SZSE Securities which are for only sell orders;
(b) CCEPs can input short selling orders during the opening call auction session, continuous auction sessions for both SSE and SZSE, as well as closing call auction for SZSE on each CSC trading day;
(c) CCEPs are required to flag the short selling orders when inputting them into the system;
(d) Short selling orders must be submitted in multiples of 100 shares;
(e) Short selling orders are subject to the following price restrictions:
(i) Short selling orders are subject to a tick rule: the input price of a short selling order must not be lower than the most recent execution price (or the previous closing price if there have been no executed trades on a given day) of the relevant Short Selling Security;
(ii) As required by each of SSE and SZSE, in respect of the relevant Connect Market, where shares in any Short Selling Security borrowed for short selling remain outstanding and have not yet been returned, CCEPs and their relevant clients are required to comply with the price requirement in (i) above in respect of any instructions for the sale of that Short Selling Security, except for those instructions that exceed the number of the outstanding and unreturned shares;
(iii) SEHK may impose additional price restriction to block the input of Short Selling orders at an artificially high price which has theeffect of artificially using up the Short Selling Ratio limits (see (f) below). This additional price restriction is not applicable currently;
(f) For each Short Selling Security, there are quantity restrictions (i.e. Short Selling Ratio limits) for short selling and the calculation of which is based on HKSCC’s holding of that security in the omnibus account maintained in China Clear (i.e. the number of shares of that Short Selling Security held by all Northbound investors through CCASS as of the beginning of a CSC trading day) as follows:
(i) Daily limit: 1%;
(ii) Cumulative limit: 5% for any period of 10 consecutive CSC trading days.
(g) There are mandatory reporting requirements for short selling activities as follows:
(i) Short Selling Weekly Report: This is a weekly report on the short selling activities of each Short Selling Security. CCEPs are required to submit the report if they have conducted any short selling activities, whether for their own account or for clients, if any borrowed shares have been returned to the Stock Lender in respect of open short positions during the week and/or if there are outstanding short positions as at the end of the week. CCEPs should submit the completed report via the Electronic Communication Platform (ECP) on or before the 1st working day of the following week. See Explanatory Notes for details;
(ii) Large Open Short Position Report: This report must be filed by a CCEP/Trade-through EP if there is any open short position of any Short Selling Security (whether executed for their own account or for the account of any of their clients) after the market close on the last CSC trading day of a calendar week that equals or exceeds any of the following thresholds:
A. RMB25 million; or
B. 0.02% of the total issued shares of the relevant Short Selling Security.
(h) Pre-trade checking applies to short selling orders. Therefore the borrowed stocks for the purpose of short selling on a CSC trading day should be held in the selling CCEP’s CCASS account or the investor’s SPSA before commencement of trading on that CSC trading day. Short selling orders that do not meet the pre-trade checking requirement will be rejected.

16. What are the board lot/ odd lot, order size and tick size for SZSE and SSE Securities?

The stock codes of SSE and SZSE Securities are 6 digits and investors should use SSE and SZSE stock codes when placing orders. All SSE and SZSE Securities are subject to the same trading board lot size, which is 100 shares (buy orders must be in board lots). Odd lot trading is only available for sell orders and all odd lots should be sold in one single order. It is common that a board lot buy order may be matched with different odd lot sell orders, resulting in odd lot trades. It should be noted that unlike Hong Kong, board lot and odd lot orders are both matched on the same platform on SSE and SZSE, and subject to the same share price. The maximum order size is 1 million shares and the tick size is uniformly set at RMB 0.01.It should be noted that odd lot trading in Hong Kong may likely be executed at a price which is not as favourable as the prevailing market price.

17. Does SZSE and SSE price limit apply to Shenzhen-Hong Kong Stock Connect and Shanghai-Hong Kong Stock Connect?

For SSE Securities, there is a general price limit of ±10% (and ±5% for stocks under special treatment (i.e. ST and *ST stocks) under risk alert) based on previous closing price. All orders input for SSE Securities must be at or within the price limit. Any order with a price beyond the price limit will be rejected by SSE. The upper and lower price limit will remain the same intra-day. The same price limit arrangement will apply to SZSE Securities. Stocks traded on SZSE’s ChiNext Market are also subject to a ±10% price limit based on the previous closing price. For SEHK Securities, trading follows the existing quotation rules in place on SEHK.

18. What is the holiday arrangement?

Investors will only be allowed to trade on the other market on days where both markets are open for trading, and banking services are available in both markets on the corresponding settlement days. This arrangement is essential in ensuring that investors and brokers will have the necessary banking support on the relevant settlement days when they will be required to make payments. The following table illustrates the holiday arrangement of Northbound trading of SZSE and SSE Securities:

 

Mainland

Hong Kong

Open for Northbound Trading?

Day-1

Business Day

Business Day

Yes

 

Day-2

Business Day

Business Day

No

HK market closes on money settlement day

Day-3

Business Day

Public Holiday

No

HK market closes on trading day

Day-4

Public Holiday

Business Day

No

Mainland market closes

19. What is the contingency arrangement under severe weather conditions?

In the initial stage, trading arrangement under severe weather conditions will be as follows:

For Northbound trading,
i. If SSE or SZSE is suspended due to inclement weather, there will be no Northbound trading on the relevant market and Hong Kong investors and CCEPs will be informed by SEHK;
ii. If typhoon signal number 8 or above and/or black rainstorm warning is issued in Hong Kong before the Hong Kong market opens, Northbound trading will not open. If the signal/warning is subsequently discontinued on the same day, arrangement for the resumption of Northbound trading will follow that for the SEHK market (detailed arrangement is available on the HKEX Website)
iii. if typhoon no. 8 or above is issued in Hong Kong after the Hong Kong market opens but before SSE’s market and SZSE’s market opens (between 9:00a.m. and 9:15a.m.), Northbound trading will not open; and
iv. If typhoon signal number 8 or above is issued in Hong Kong after SSE’s and SZSE’s market have opened, trading will continue for 15 minutes during which order put and cancellation will be allowed. After 15 minutes, only order cancellation is allowed until the close of SSE’s market or SZSE’s market.

Scenarios Northbound Trading of SSE/SZSE Securities Money Settlement (for T-1 position) Securities Settlement (for T position)
1. T8 / Black rainstorm issued before HK market opens (i.e. 09:00 a.m.) and discontinued after 12:00 noon
Not Open No N/A
2. T8 issued between 09:00 a.m. and 09:15 a.m.
Not Open Yes
3. T8 issued after SSE/ SZSE market opens (i.e. 09:15 a.m.)
Trading will continue for 15 minutes after T8 issuance, thereafter, only order cancellation is allowed until SZSE/ SSE market close Yes Yes
4. Black rainstorm issued after HK market opens (i.e. 09:00 a.m.)
Trading continues as normal Yes Yes
5. T8 / Black rainstorm discontinued at or before 12:00 noon
Trading resumes after 2 hours Postpone to 3 p.m.

 

 

 

Commission Fees

Negotiable. New/ Existing Clients please contact your Account Manager or call our Client Services Hotline on: +852 2136 1818 for more details.

Levies

How much does it cost to trade and settle SZSE and SSE Securities under Shenzhen-Hong Kong Stock Connect and Shanghai-Hong Kong Stock Connect?

Under Shanghai and Shenzhen Connect, Hong Kong and overseas investors will be subject to the following fees and levies imposed by SSE, SZSE, ChinaClear, HKSCC or the relevant Mainland authority when they trade and settle SSE Securities and SZSE Securities:

 

Items Rate Charged by
Handling Fee 0.00487% of the consideration of a transaction per side SSE/ SZSE
Securities management Fee 0.002% of the consideration of a transaction per side CSRC
Transfer Fee 0.002% of the consideration of a transaction per side ChinaClear Shanghai/
ChinaClear Shenzhen
0.002% of the consideration of a transaction per side HKSCC
Stamp Duty 0.1% of the consideration of a transaction on the seller SAT

All the above fees and levies will be collected from CCASS Participants’ designated bank accounts at day-end of T day.


Investors should note that certain existing CCASS fees still apply, including stock settlement fee for settlement instructions and money settlement fee. HKSCC also imposes a Portfolio Fee on its CCASS Participants for providing depository and nominee services for their SSE Securities and SZSE Securities held in CCASS. The Portfolio Fee will be collected in HKD on a 35 monthly basis based on a single portfolio of SSE Securities and SZSE Securities of each CCASS Participant. The relevant fee arrangement may change subject to SFC’s approval. Besides, taxes imposed by the State Administration of Taxation (SAT), including stamp duty and dividend tax will also be applied to the Northbound trades and SSE Securities acquired through Shanghai Connect as well as SZSE Securities acquired through Shenzhen Connect. Any additional tax imposed by the SAT, if applicable, will be subject to further clarification with the SAT.

 

Settlement Cycle
Stock: Trade Day
Cash: T+1

Trading Reminder:

• If there is insufficient RMB in the client acount on T+1, where the purchased shares are approved shares for margin financing, OD interest will be charged.
• For those non-eligible SSE Securities for Margin Trading, trades can only be settled by means of pure cash on settlement date, no OD is allowed.
• Sale proceeds will be credited to clients’ account on T+1

In addition to the comprehensive margin financing services for Hong Kong & U.S. markets, UOB Kay Hian also provides you with A shares margin financing service, enabling you to grasp every investment opportunity with flexibility and generate higher potential returns with less capital.

 

• Offer extra capital up to 80% of the prevailing marketing value of the stocks holding. Click here for the Shenzhen and Shanghai A shares margin ratio now

• The online subscription process is quick and easy. Clients may simply open a Hong Kong stock margin account to enjoy SSE A shares margin trading services

New clients/ existing clients without a margin account: Please click here to open a “Margin Securities Account” online. Filling in the form just takes 3 steps in 6 minutes. You may also choose to fill in and submit the physical Cash/Margin Account application form. Click here to download the form and learn more.

 

Need Help?
  • Hotline:
  • +852 2136 1818
  • Night Futures/
    US Trading 24-hour Service Hotline:
  • +852 2826 4888
  • Email :
  • clientservices@uobkayhian.com.hk
  • Operating hours:
  • 9:00am-6:00pm Mon-Fri,closed on
  • Sat,Sun,and HK Public Holidays