How to buy and trade US stocks?

Open an account in a Hong Kong branch through domestic brokers, open an account directly with overseas brokers through the Internet, inject capital into US stock accounts, and buy and sell US stocks.

1, (1) Select a brokerage and open an account through an online US stock brokerage.

Most China people may not have the opportunity to travel or settle in the United States, so it is very feasible to buy and sell US stocks through online US stock brokers who support online account opening. Traditional brokers are much lower, and the account opening procedures are also very simple. Just fill in the relevant forms online and send them to their American headquarters. Some brokers even support paperless account opening.

Just like buying and selling domestic A shares, there are many brokers to choose from. The common US stock brokers in China are Firstrade (First Financial Management).

(2) Buying and selling US stocks through financial institutions in Hong Kong are basically done by "Hong Kong subsidiaries" of major domestic securities firms. As the name implies, the so-called "sub-entrustment" means that you place an order with this Hong Kong securities company (or a Hong Kong subsidiary of a mainland securities company), and then the securities company moves to another securities company in the United States that has signed a cooperation with it. For example, CMB International, BOC and HSBC all provide the function of trading US stocks.

2. Express the materials to the selected broker.

Because the courier information needs the signature of the account holder, the documents needed to open an account include:

1)? Application form for opening an account;

2)? W8ben Tax Exemption Form (a tax exemption form filled out by non-US residents, and US stock gains can be tax-free in the United States);

3)? Identification document: a copy of a valid personal identity card or passport;

4)? Address certification document: one of the documents containing the name and address of the applicant in the last three months, such as credit card monthly statement, mobile phone/telephone monthly statement, water or electricity bill or property management fee bill, etc.

After completing the above forms and preparing relevant materials, you need to fax or scan them to the account or email address designated by the broker. After approval, the original can be mailed to Hong Kong or the United States (according to the address specified by different brokers). After the brokerage firm checks it correctly, it will contact the account holder to open a US stock account.