How to enter the US and Hong Kong stock markets?

Mainland China residents invest in American stocks.

Step 1: If you don't have a passport, apply for one first. As the name implies, US stocks are the stocks in the American market. Our mainland resident ID card cannot be used as relevant proof, and we need to apply for a passport. Passport processing can be done at the domicile (if you want to go to the domicile, you'd better make an appointment online first, so you can go directly to the municipal public security bureau, without going through such complicated steps as the village police station, county public security bureau and municipal public security bureau), or at the workplace such as Beijing. The price is generally above 200 yuan, and it generally takes about 10 days from application to distribution.

Step 2: Choose a broker. In China, stock trading needs brokers, and of course, investing in US stocks also needs to find a reliable broker. Most US stock brokers have websites where they can apply for opening an account online (note: this is an application for opening an account, not the whole account opening process online). Unfortunately, most websites are in English. In recent years, with the gradual growth of stock speculators in China, some brokers support Simplified Chinese. Then apply for an account on the broker website. At this time, you can open the online chat window, and the other party will give free Chinese guidance and complete the registration process.

Step 3: Give the courier materials to the selected broker. Courier materials need your signature, and American law stipulates that W-8BEN forms and other materials must also be signed by courier. According to the broker's prompt (different brokers may need different information), express the information to the designated address.

Step 4: inject capital into your US stock account. When you send the courier information, you can use the domestic bank account for cross-border remittance. Most commercial banks support cross-border remittance directly through online banking. Remittance to the United States is limited to 50 thousand dollars a year.

Step 5: Start buying stocks. There is no T+ 1 limit for this US stock. I bought and sold a stock many times in an hour. It is worth mentioning that there is no "how many hands per share" limit for US stocks not to be sold, that is to say, at least 1 share can be bought at a time.

Mainland China residents invest in Hong Kong stocks.

First apply for the Hong Kong and Macao Pass, and then open a one-card card in China Merchants Bank. Hong Kong accounts can be opened directly in Hong Kong stocks. The account holder is China Merchants Securities Hong Kong Branch, which is convenient for transfer and remittance. (There are almost no restrictions for mainland residents to invest in Hong Kong stocks, and many securities institutions can open them for free in order to attract users, and the capital threshold is similar to that of A shares).

Steps:

① Prepare ID cards and other materials (including ID cards, bank cards and residence certificates, which can be utility bills, neighborhood certificates, insurance statements, etc.). Of course it takes 3 months).

② Select securities institutions (generally speaking, large banks such as Bank of China and China Merchants Bank have branches in Hong Kong, and these banks have foreign exchange business. The specific way is to bring enough information and go directly to the business hall to fill in the relevant information, and someone will guide you. Generally, it can be notified by application, email, SMS, telephone, etc. About a week.

(3) Remittance and start operation. Exchange RMB into Hong Kong dollars in the business hall, and remit the Hong Kong dollars to your Hong Kong stock account opened in securities, then you can start buying and selling Hong Kong stocks.