What are the new conditions for Hong Kong stocks?

Hong Kong stocks are different from A shares. Hong Kong stocks are new, and investors do not need to hold the market value of securities. Investors can subscribe for new shares of Hong Kong stocks as long as they have cash in their securities accounts. At the same time, the distribution strategy of HKEx is to give priority to ensuring that every household can win the prize by signing 1. The subscription period of new shares of Hong Kong stocks is long, and the general subscription period is 3.5 days. In recent half a day, many brokers have refused to subscribe, and brokers need to apply for subscription. It takes about 10 to 20 days for Hong Kong stocks to go public from subscription. Some brokers (such as Livermore Securities) have dark trading on the day before the listing of new Hong Kong stocks, and there is no limit on the price of new Hong Kong stocks on the first day of listing.

Investors can innovate Hong Kong stocks in the following three ways:

1. Ordinary subscription: Subscribing for new shares in cash means using your own money to subscribe for new shares.

2. Financing subscription: Borrowing money from brokers to subscribe for new shares requires brokers to charge some handling fees.

3. Financing leverage: Borrowed funds to subscribe for new shares are now 1:9, that is, 1 1,000 yuan of self-owned funds can subscribe for 1 1,000 yuan of new shares.

In addition, there are the following differences between Hong Kong stocks and A shares:

1, the requirements for subscription funds are different.

A-share subscription is a credit subscription, and there is no need to freeze funds when subscribing. After winning the lottery, the subscription funds for new shares will be paid according to the winning amount, and Hong Kong stocks need to freeze the funds at the time of subscription.

2. The subscription fee is different.

There is no subscription fee for new A shares, and it is impossible to purchase new shares by financing; The subscription of new shares of Hong Kong stocks requires subscription fees (Internet brokers such as Livermore have been exempted from subscription fees) and can be financed for subscription.

At the same time, it should be noted that investors cannot transfer funds if they are not bound with Hong Kong bank cards.

When trading Hong Kong stocks, there are the following rules:

1, T+0 trading mode is implemented, that is, Hong Kong stocks bought on the same day can be sold on the same day.

2. Two-way trading, that is, investors can do long operations or short operations.

3. The lowest buying price of Hong Kong stocks is also the first hand, not 100 shares. 1 The number of shares represented by Hong Kong stocks is not uniform, but determined by listed companies. Some listed companies stipulate that 1 hand is 100 shares, while others stipulate that 1 hand is 500 shares and 65438+.