Wednesday, December 15, 2010

September 10 or fried Hong Kong stocks open! Retail for online transactions.

<P>: Http:// News, yesterday morning, almost all outlets in Tianjin branch of Bank of China Hong Kong stocks booking personal investment that customers have received a phone call --- you can open a bank savings account first and fill out the forms. .</ P> <P> Tianjin branch of Bank of China, the official told the Post reporter, as long as the competent authorities of the approval in place, investors on this basis can be directly opened in the Bank of China International Securities in Hong Kong account, account opening 5 .days after the Hong Kong stock market will begin regular trading. .Hong Kong, local media said yesterday, Bank of China may be on this Saturday September 1 that is officially full for "through train" service, and those who invoke the words of the Bank of China Tianjin Branch said, now everything is ready, just waiting for wind. .</ P> <P> Hong Kong Stock Exchange business days are Monday to Friday, that is, if the approval goes well, investors can be the fastest on September 10 at the Hong Kong stock market stock trading. .</ P> <P> retail to online trading </ P> <P> Huang Zhongwen, according to Managing Director of BOC Hong Kong said investors in direct investment in Hong Kong stocks for personal business, you should open a savings account at the Bank of China, as securities funds .accounts, then, the bank will open proxy investors in Bank of China International Securities in Hong Kong accounts. .</ P> <P> That is, when with the investors in A share accounts savings card holders bank account and then to a first securities company or a third party bank depository securities transfer is different from the mainland to the Chinese investors to invest in Hong Kong equities as long as .can apply for a bank, investors only need to bring my ID card and provide an e-mail address. .Huang Zhongwen told the Post reporter, a securities account, the Bank of China will be provided free of charge to investors online trading systems and real-time online Hong Kong stock market software. .</ P> <P> As for the "fried Hong Kong stocks," the concrete ways, Huang Zhongwen said, investors can trade through online and telephone commissioned in two ways. .Among them, the online trading for all investors, but telephone commission only for VIP customers, who will have a special money managers for their services. .</ P> <P> financial settlement "T +2" </ P> <P> operation in the capital, direct investment in the securities market outside the individual pilot canceled the $ 50,000 of the purchase of foreign exchange restrictions. .Investors through the Tianjin branch of Bank of China to open a securities account, then you must first purchase of foreign stocks. .In this regard, Cao Yuan Zheng, chief economist at Bank of China International, introduced yesterday, the Bank of China in Tianjin, investors can open a securities investment account opened, through the application automatically by the Bank of China to purchase foreign exchange. .Purchase of foreign exchange supervision by the Tianjin Administration of Foreign Exchange. .</ P> <P> Huang Zhongwen, describes that the mainland individual investors investing in the future the process of Hong Kong equities, securities and funds will be "separation." .In other words, investors buy stocks, you must first purchase of foreign exchange, and funds through the Bank of China Tianjin Branch to reach the form of Bank of China International Securities in Hong Kong to exist in Hong Kong; investors to sell stocks, funds will not be directly realized .stored in the BOC Hong Kong, but will return to the custody of the Bank of China Tianjin Branch, investors can choose whether or settlement. .</ P> <P> is also why, Huang Zhongwen revealed that prospective investors in the Hong Kong stock market trading stock is "T +0" trade, but the financial settlement was "T +2". .</ P> <P>.

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