Consultation and handling of Hong Kong Stock Connect business

Do customers need to be present on-site to open an account for the Hong Kong Stock Connect?
Answer: The trading software has opened the Hong Kong Stock Connect, and customers do not need to go to the site to handle it.

What are the requirements for opening a Hong Kong Stock Connect account?
Answer: Admission requirements for Hong Kong Stock Connect customers:
① ShanghaiAThe designated trading of stock securities accounts is normal;
② The total balance of ordinary securities accounts and margin trading and securities lending accounts shall not be less than50RMB 10000, excluding funds and securities acquired through margin trading and securities lending;
③ There is no serious record of poor integrity;
④ There is no prohibition or restriction on participating in Hong Kong Stock Connect trading as stipulated by laws, administrative regulations, departmental rules, business rules, etc.

What are the steps in the customer application process?
Answer: The customer logs into the trading system and enters the trading commission interface. The menu path is: 【 Hong Kong Stock Connect 】 → 【 Trading Permission Settings 】(Choose Shenzhen Hong Kong Stock Connect trading permission and Shanghai Hong Kong Stock Connect trading permission, it is recommended to open both)Hong Kong Stock Connect Knowledge Questionnaire: Hong Kong Stock Connect - Business Understanding Assessment （80Qualified score
(Knowledge questionnaire: 1D、2C、3C、4B、5A、6B、7B、8C、9B、10B)
Read investor education materials: risk disclosure letters, trading agreements
Complete the activation application.
Suggest logging into Galaxy Securities website on Android or Apple wap.yhzq.cn --download Latest version of software.

What are the advantages of our Galaxy Securities in the Hong Kong Stock Connect?
Answer: The advantages of Galaxy Securities in investing in the Hong Kong Stock Connect:
① Provide comprehensive Hong Kong stock market news coverage, including company research, industry research, morning newspapers, etc;
② Having a Hong Kong branch can provide more localized market indicators;
③ The first free Hong Kong Stock Connect to launch five real-time market trends is ahead of other mainland securities firms.
④ stayTThe funds released after daily sales transactions can be used inT+2Daily purchaseAStocks are more convenient than other securities firms.

For detailed information, please consult the moderator   WeChat/QQ：110665016  Mobile:13597996366(Zhao)

Compared to domesticAThe trading rules of Hong Kong Stock Connect differ in the following aspects:
① Hong Kong Stock Connect supportT+0Turnaround trading, which means that stocks bought on the same day can be sold on the same day. The normal settlement date for funds and shares isT+2Day.
② There is no limit on the fluctuation of stock prices in Hong Kong stocks;
③ Quoting in Hong Kong dollars, settlement in Chinese yuan, automatic exchange rate conversion, no need to hold Hong Kong dollars to participate;
④ The Hong Kong Stock Connect can only buy and sell Hong Kong stock underlying securities within the scope of business regulations;
⑤ The Hong Kong Stock Connect implements quota control, and if the total quota or daily quota is used up (total quota:2500100 million RMB, daily limit:105We will refuse to declare a purchase order, but we will still accept a sell order.

The trading time of Hong Kong Stock Connect and mainland ChinaAWhat is the difference between stocks?

 [Trading Day Schedule]

The Hong Kong Stock Connect only operates on common trading days between the Shanghai Stock Exchange and the Hong Kong Stock Exchange, and meets settlement time arrangements (i.eT+2It can only be traded on a common trading day. On Christmas, New Year, and New Year's Eve, the Hong Kong Stock Connect only has half a day of trading time.


 Intraday trading schedule

① Bidding trading period:9:00-9:15The system accepts bidding trading instructions, and the Hong Kong Stock Connect commission only supports bidding limit orders;

② Preparation period for market opening:9:15-9:30The system does not accept any buy, sell or cancel orders;

③ Continuous trading period:9:30-12:00、13:00-16:00The system accepts limit trading instructions, and the Hong Kong Stock Connect commission only supports enhanced limit orders.