How to buy US stocks in the Mainland?

To buy US stocks in Chinese mainland, you can open an account in a Hong Kong branch through a domestic securities company or directly open an account in a foreign securities company through the Internet. Basically, Hong Kong subsidiaries of major domestic securities companies have this business. As the name implies, the so-called sub-entrustment refers to placing an order with a Hong Kong subsidiary of a Hong Kong securities company or a mainland securities company, and then transferring it to another securities company that has signed cooperation with the United States. For example, China Merchants Bank International, Bank of China and HSBC all provide the function of trading US stocks.

The documents required for opening an account include:

1. Account Opening Application Form

2.W8ben tax exemption form, to be filled out by non-American residents. US stock income is tax-free in the United States.

3. Identification documents, including a copy of a valid personal identity card or passport.

4. Address certification documents include 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 and electricity bill or property.

Management fees, etc.

After filling in the above form and preparing relevant materials, you need to fax or scan the account or email address designated by the securities, and then mail the original to Hong Kong or the United States, and mail it to the addresses designated by different securities companies. The securities company will contact the account holder to open an American securities account.