You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
Hong Kong Stock Trading Products
Hong Kong Stocks
Includes blue-chip stocks, red chip companies, and H Shares.
Hong Kong ETFs
(NEW) Supporting Cryptocurrency ETFs trading.
IPO (Initial Public Offering)
With up to 10x leverage.
Warrants
Seize opportunities and maximize investment returns.
Callable Bull/Bear Contracts (CBBC)
Risk hedging and Arbitrage.
Inline Warrants
Precisely lock in profits with targeted strategies.
Low-Cost for
Effortless Investing
Why uSMART
Strategic Investment by Chow Tai Fook Holding, The Preferred Choice For Institutional Clients
eDDA allowing users to deposit in a more secure, faster, and simpler way
Funds Held in Bank Trust Accounts for Safekeeping
Online Account Opening in Just 3 Minutes
Real-time Automatic Currency Conversion via the App (Supports HKD, USD, CNY, SGD)
Investor Compensation Fund: Protection of up to HK$500,000
FAQs
What are the trading hours for uSMART Hong Kong Stock Trading?
The Hong Kong stock market is open from Monday to Friday.
Pre-opening session: 9:00 am - 9:30 am,Morning trading session: 9:30 am - 12:00 pm,
Lunch break: 12:00 pm - 1:00 pm,
Afternoon trading session: 1:00 pm - 4:00 pm,
Closing auction session: 4:01 pm - 4:10 pm
What is the minimum trading unit for Hong Kong stocks?
Hong Kong stocks are traded in board lots and cannot be bought on a per-share basis. The minimum trading unit for Hong Kong stocks is typically referred to as "1 board lot," which can consist of 100 to 2000 shares, depending on the specific stock. For example, Tencent Holdings has a board lot size of 100 shares. The trading unit may vary for different stocks, and you can refer to the Hong Kong Stock Exchange for more details. Quantities less than one board lot are considered "odd lots."
What is the trading and settlement mechanism for Hong Kong stocks?
The Hong Kong stock market follows a T+2 settlement mechanism. This means that after buying or selling stocks on the current trading day (T0), the settlement of funds and stock delivery will take place on the second trading day (T+2).
What is the "Dual Counter" trading?
The Hong Kong Stock Exchange has introduced the "Dual Counter" trading, which allows investors to trade stocks in Renminbi (RMB) and enables cross-counter transactions. The initial list of stocks available for dual counter trading includes Tencent, Alibaba, China Mobile, and others, accounting for over one-third of the total market capitalization of Hong Kong stocks and contributing to around 40% of the daily trading volume. This move is beneficial for the internationalization of the Renminbi.
What are "Northbound" and "Southbound" flows?
When reading stock analysis and financial news, you may come across terms like "Southbound flows" and "Northbound flows," which can be confusing for novice investors. "Southbound flows" refer to Mainland Chinese investors buying Hong Kong stocks through the Stock Connect program, while "Northbound flows" represent foreign investors buying Mainland Chinese stocks through the same program. The terms "Northbound" and "Southbound" are used because Mainland China is located to the north of Hong Kong, and the term "water" symbolizes wealth. Additionally, many Hong Kong residents have their ancestral roots in Guangdong province, where Cantonese is spoken, hence the reference to "Northbound flows" for funds coming from the north.
