How to buy Xiaomi stock

As the time for US stocks to be listed in Hong Kong is getting closer and closer, many mainland investors want to know how to buy US stocks or how to buy famous stocks after their names are listed. In fact, it is similar to other Hong Kong stocks, and you need to open a Hong Kong stock account. Let's look at the details.

1. Name of listing date, stock code and price.

Xiaomi Group will be listed on the Hong Kong Stock Connect on July 9, 20 18, with the stock code10. This code is meaningful, symbolizing the launch of 18 and the establishment of 10.

There is no A-share listing plan for the name. The first step is to go public in Hong Kong.

The price range per share is 65438 Hong Kong dollars +07~22.

Second, the subscription method of new shares

1.& nbsp via a Hong Kong bank account.

If you have a Hong Kong bank account, you can directly open the securities function in online banking. It's convenient to have a Hong Kong bank account.

2. Through a Hong Kong stockbroker

There are several brokers in Hong Kong, who can open accounts in brokers and then place orders through brokerage platforms.

Third, other precautions

Xiaomi will sell 265.438+0.8 billion shares in this listing, with the stock price range of 654.38+0.7-22 HK dollars, and the total financing amount is as high as 48 billion HK dollars (665.438+0 billion). The total valuation of the company corresponding to the stock price range of HK$ 654.38+07-22 is between US$ 53.9 billion and US$ 69.8 billion. In other words, the highest valuation of this issue is close to 70.8 billion US dollars.

The subscription of new shares is decided by lottery, and it is not necessary to draw lots for subscription. To open a bank account in Hong Kong, mainland residents must bring their ID cards, passes and proof of address. White paper passing through Hong Kong Customs is also to prevent copying. It is troublesome to open an account in Hong Kong now. Generally, you need to make an appointment to explain the reason for opening an account, so you should make preparations in advance.