Hong Kong dollar
at present, the Hong Kong stock exchange only offers procts priced in RMB, but the proportion of transactions is still in Hong Kong dollar
this is determined by the historical factors of HKEx.
Hong Kong stock market is quoted in Hong Kong dollar and settled in RMB
Hong Kong stock connect is a kind of stock, its range is the constituent stocks of Hang Seng Composite large stock index and Hang Seng Composite Medium stock index of the stock exchange of Hong Kong, and the stocks of a + H-share companies in the stock exchange of Hong Kong and the Shanghai Stock Exchange at the same time. Both parties can adjust the scope of investment subject according to the pilot situation
< H2 > extended information
the Shanghai Hong Kong stock connect is an important part of China's capital market opening to the outside world, which is concive to strengthening the connection between the two capital markets and promoting the two-way opening of the capital market. It has many positive significance:
(1) it is concive to enhancing the comprehensive strength of China's capital market through a new cooperation mechanism. The Shanghai Hong Kong stock connect can deepen exchanges and cooperation, expand investment channels for investors from both sides, and enhance market competitiveness
(2) it is concive to consolidating the status of Shanghai and Hong Kong as two financial centers. Shanghai Hong Kong stock connect helps to enhance the attraction of Shanghai and Hong Kong markets to international investors, improve the investor structure of Shanghai market, and further promote the construction of Shanghai international financial center; At the same time, it is concive to the development of Hong Kong into an important overseas investment market for mainland investors and the consolidation and upgrading of Hong Kong's status as an international financial center (3) it is concive to promoting the internationalization of RMB and supporting Hong Kong to develop into an offshore RMB business center. The Shanghai Hong Kong stock connect can not only facilitate mainland investors to directly use RMB to invest in the Hong Kong market, but also increase the investment channels for overseas RMB funds to facilitate the orderly flow of RMB between the two placesthe trading time differences between Hong Kong shares and a shares are as follows: A shares have a price limit system, while in the stock exchange market, there is no price limit system. The stock settlement system is different. In the mainland A-share market, the settlement cycle is generally T + 1 day, that is, for the stocks sold on that day, the investors can receive the money on the second day. In contrast, the settlement period between securities clearing and brokers in Hong Kong market is t + 2 days, which means that investors need at least 2 days to receive the payment after they sell their shares.
according to the 2% commission level, if an investor buys a share with a market value of HK $100000, the fee to be paid is HK $200 commission + HK $100 stamp ty + other fees = HK $12.5 = HK $312.5. If the market value remains unchanged, the fee to be paid when selling is the same
Hong Kong stock connect is a kind of stock. Its range is the constituent stocks of Hang Seng Composite large stock index and Hang Seng Composite Medium stock index of the stock exchange of Hong Kong, and the stocks of a + H-share companies on the stock exchange of Hong Kong and the Shanghai Stock exchange. Both parties can adjust the scope of investment subject according to the pilot situation. At the beginning of the pilot period, the SFC required that domestic investors participating in the Hong Kong stock connect should be limited to institutional investors.