What qualifications do you need to invest in Hong Kong stocks?

What are the conditions for buying Hong Kong stocks? I. Conditions for Shenzhen-Hong Kong Stock Connect to purchase Hong Kong stocks through Shanghai-Hong Kong Stock Connect At present, most domestic brokers support Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, and A-share investors can open through brokers. However, the conditions for opening Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect to buy Hong Kong stocks are that the balance of stock accounts must be more than 500,000 yuan, regardless of institutions or individuals, and some brokers also require me to participate in training and study. Second, the conditions for buying Hong Kong stocks through traditional brokers can be handled in Hong Kong local brokers or Hong Kong branches of domestic brokers, and I need to bring my ID card and proof of address to Hong Kong. Or through domestic securities firms with branches in Hong Kong, such as Southern Securities (Hong Kong), Guotai Junan (Hong Kong), China Merchants Securities (Hong Kong) and other mainland institutions, you can directly open an account in the Mainland by providing your ID card and proof of residence, but you must go to the brokerage business department in person. Third, the conditions for buying Hong Kong stocks through Internet brokers do not need to be handled on site. You can open an account online only with your ID card and registration information. Compared with traditional brokers, internet brokers have the advantages of convenient account opening, fast trading, low commission and friendly trading software, and are recommended for novices of Hong Kong stocks. Well-known Internet brokers include Tiger Securities and Bao Mei Finance. What are the precautions for buying Hong Kong stocks? 1. Participation in the Hong Kong Stock Connect needs to meet certain conditions. At the beginning of the pilot, mainland investors who participated in the Hong Kong Stock Connect were limited to institutional investors and individual investors whose total balance of securities accounts and capital accounts was not less than 500,000 yuan. Investors need to sign the entrustment agreement of Hong Kong Stock Connect with relevant brokers on the premise of signing the risk disclosure. The trading of Hong Kong Stock Connect follows the relevant regulations of Shanghai Stock Exchange on designated trading and implements a comprehensive designated trading system. Second, Hong Kong Stock Connect shares have certain scope restrictions. The stocks of Hong Kong Stock Connect include the constituents of Hang Seng Composite Large-cap Index, Hang Seng Composite Medium-cap Index and H shares of issuers whose shares are listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange. However, the following stocks are not included in the Hong Kong Stock Connect: 1. A shares listed on the Shanghai Stock Exchange are H shares corresponding to A+H listed companies with risk warning board shares; 2. Shares of issuers whose shares are listed on mainland stock exchanges other than Shanghai Stock Exchange; 3. Stocks quoted and traded in currencies other than Hong Kong dollars in securities exchanges. The first batch of Hong Kong Stock Connect stocks include 268 stocks such as Changjiang Industry and CLP Holdings. 3. There is a quota limit during the pilot period of the Hong Kong Stock Connect business. The total amount of Hong Kong Stock Connect is 250 billion yuan, and the daily quota is 654.38+005 billion yuan. During the trading period, the website of the Shanghai Stock Exchange updates the display information of the limit balance of the day every minute. If the total balance is less than a daily limit, the subscription declaration will be stopped from the next trading day of Hong Kong Stock Connect; In the pre-opening stage of the Hong Kong Stock Exchange, if the quota of that day is used up, the newly added declaration of buying bills will face the risk of failure; During the continuous trading hours of the Stock Exchange, if the quota on that day is exhausted, investors on that day will face the risk of not being able to buy through the Hong Kong Stock Connect. 4. The trading day of Hong Kong Stock Connect may be inconsistent with the trading day of A shares. According to the regulations, only the trading day when both Shanghai and Hong Kong are trading days and can meet the settlement arrangements is the trading day of Hong Kong Stock Connect, which is subject to the date published on the website of Shanghai Stock Exchange. Due to the difference in trading days between the two markets, there will be cases where Hong Kong stocks are traded and Hong Kong stocks are not traded.