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Electronic trading system, provides HK Futures, Index Options & Global Futures trading service.
 


Online trading system, provides HK Stocks, US Stocks, Taiwan Stocks, China B-shares & Mutual Fund trading service.    Trading Demo
 


Mobile trading system, provides
HK Stock trading service.
 
   


Electronic trading system, provides HK Stock Option trading service.
 


Electronic trading system, provides HK Stock trading service and streaming quotes.
 


Mobile application of two-factor authentication for login and generate offline password.
 
 
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How do I place Shenzhen A Shares orders via WebTrade?

  1. Log into your KGI Trading Account.
  2. Select [Shenzhen A] in [Securities Trading]
  3. Fill in details of your order request.
  4. Click [Preview] to double check your entries before you confirm.

Note:

  • You have to use the same Investor ID to trade Shenzhen A Share.
  • Shenzhen A Shares orders currently can be placed via WebTrade or through our 24-hour InvestLine at (852) 2878-5555.

See Trade Demo for an interactive guide to WebTrade

Can I amend order for Shenzhen A Shares?

Yes. Our system is installed with an amend order function, this function will automatically cancel your previous order and replace it by adding a new order. The amend function is a combination of the “add order” and “cancel order” function provided by the Shenzhen Stock Exchange.

Please note if your order is partially executed and the outstanding quantity is not multiples of its board lot size, WebTrade would not accept the [Amend] action.

See Trade Demo for an interactive guide to WebTrade

How do I amend/cancel my order?

You can amend/cancel the quantity and price of your orders if they have not yet been fully executed.

To amend/cancel your order, please click on the relevant [Amend]/[Cancel] link on the Order Status table under “WebTrade”“Securities Trading”, enter your changes in the appropriate boxes and click [Submit].

* Please note if your order is partially executed and the outstanding quantity is not multiples of its board lot size, WebTrade would not accept the [Amend] action.

See Trade Demo for an interactive guide to WebTrade

Where can I check the daily quota balance of Shenzhen Connect Northbound?

You can visit HKEx website to check the daily quota balance of Shenzhen Connect Northbound.

What can I trade under Shenzhen – Hong Kong Stock Connect?

You can trade certain stocks listed on the SZSE market under Shenzhen-Hong Kong Stock Connect. These include all the constituent stocks of SZSE Component Index and the SZSE Small/Mid Cap Innovation Index which have a market capitalization of not less than RMB 6 billion, and all the SZSE-listed A Shares which have corresponding H shares listed on SEHK, except SZSE – listed shares which are not traded in RMB or under risk alert.

The full list of the eligible stocks is published on the HKEx website.

http://www.hkex.com.hk/eng/market/sec_tradinfra/chinaconnect/Eligiblestock.htm

Can I trade Shenzhen ChiNext shares under Shenzhen – Hong Kong Stock Connect?

Only recognized Institutional Professional Investor can trade ChiNext shares under Shenzhen – Hong Kong Stock Connect.

What are the trading hours for trading Shenzhen A Shares through Shenzhen – Hong Kong Stock Connect?

The trading hours for the Shenzhen Stock Exchange are:

Monday to Friday

SZSE Trading Session Time (HKT) Time for Shenzhen – Hong Kong Stock Connect orders
Opening Call Auction 09:15 - 09:25 09:10 - 11:30
Continuous Auction
(Morning)
09:30 -11:30
Continuous Auction
(Afternoon)
13:00 - 14:57 12:55 - 15:00
Closing Call Auction 14:57 - 15:00

What are the cut-off times on order entries for Shenzhen A Shares?

To ensure the smooth processing of your order entries, please note the following schedule:

Order placing time (HKT) 09:10
-
09:15
09:15
-
09:20
09:20
-
09:25
09:25
-
09:30
09:30
-
11:30
11:30
-
12:55
12:55
-
13:00
13:00
-
14:57
14:57
-
15:00
15:00
-
16:40
16:40
-
09:10
New order
*Amend order
Cancel order

: Orders received will be processed immediately
: Orders received will be processed in the next trading session
: Orders will be rejected

(1) 09:20 – 09:25 and 14:57 – 15:00: Order amendment and order cancellation will not be accepted.
(2) (a) 09:10 – 09:15; (b) 09:25 – 09:30; (c) 12:55 – 13:00: New order, order amendment and order cancellation cannot be inputted and processed by SZSE until market open
(3) Orders that are not executed during the opening call auction session will automatically enter into the continuous auction session.

* Please note if your order is partially executed and the outstanding quantity is not multiples of its board lot size, WebTrade would not accept the [Amend] action.

What is the settlement period for Shenzhen A Shares?

The settlement cycle of Shenzhen A Shares under Shenzhen-Hong Kong Stock Connect through KGI Asia: Stock settlement on trade date ("T") and fund settlement before 10:00am on T + 1 day.

The settlement date of Shenzhen A Shares under Shenzhen-Hong Kong Stock Connect is a business day both in the Mainland and in Hong Kong.

What is the board lot size for trading Shenzhen A Shares?

The board lot size of Shenzhen A Shares is 100 shares.

Can I do day trading when trading on Shenzhen A Shares?

Day trading of the same stock is not allowed. Stocks purchased on a trade day cannot be disposed of until the next trade day.

Are there any price limits when trading Shenzhen A Shares under Shenzhen – Hong Kong Stock Connect?

Daily price fluctuations in Shenzhen A Shares are limited to within 10%* of the previous day's closing prices. All the trading orders breaking the price limit will be deemed invalid.

In order to ensure smooth operation of Shenzhen - Hong Kong Stock Connect, the Exchange sets a lower price limit on buy orders of all Northbound trades (A Shares purchased by investors). Buy order for Northbound Trading Securities at a price below its current best bid price (and if no current best bid price is available, latest trade price is apply, and if it is also not available, previous closing price is apply) by a certain percentage will be rejected by the System. The price limit will be set at 3%.

* Subject to the changes of the regulatory requirements of the relevant China Stock Exchanges.

What is the settlement currency under Shenzhen - Hong Kong Stock Connect?

The settlement currency of Shenzhen - Hong Kong Stock Connect A Shares is RMB. Please refer to the following important notice of Foreign Currency Transactions.

For the purposes of carrying out the orders of a client of KGI Asia Limited (“KGI”) or exercising any of KGI’s rights under its client agreement with the client or under any account of the client, KGI may, at any time in its sole and absolute discretion and without any obligation, convert any amount in any currency in any account(s) of the client or standing to the credit of the client to any other currency. Exchange rate losses and the costs of conversion shall be borne by the Customer.

Will there be any disclosure obligations for Shenzhen A shares?

Under the current PRC rules, when an investor holds or controls up to 5% of the issued shares of a SZSE-listed company, the investor is required to disclose the interest within three working days. Such investor may not buy or sell the shares in the listed issuer within the three-day period.

For such investor, every time when there is a change in the shareholding by 5%*, s/he is required to make a disclosure within three working days. The investor may not buy or sell the shares in the listed issuer from the day the disclosure obligation arises to two working days after the disclosure is made.

If a change in shareholding of the investor is less than 5% but results in the shares held or controlled to fall below 5% of the issues shares in the listed issuer, the investor is required to disclose the information within three working days.

* The 5% change means the actual magnitude of the net change of its shareholding as a percentage of the total issued share capital of the company (e.g. an increase from 10% to 15% or decrease from 10% to 5%).

What is the shareholding limits for foreign investors investing in Shenzhen A Shares under Shenzhen - Hong Kong Stock Connect?

A single foreign investor’s shareholding in a listed company (regardless of the channels through in which the shares in such company are being held, including QFII, RQFII and Shanghai and Shenzhen Connect) is not allowed to exceed 10 % of the company’s total issued shares.

What is the holiday arrangement of Shenzhen – Hong Kong Stock Connect?

Investors will only be allowed to trade on the other market on days where both markets are open for trading, and banking services are available in both markets on the corresponding settlement days. This arrangement is essential in ensuring that investors and brokers will have the necessary banking support on the relevant settlement days when they will be required to make payments.

The following table illustrates the holiday arrangement of Northbound trading of SZSE Securities::

  Mainland Hong Kong Open for Northbound
Day-1 Business Day Business Day Yes
Day-2 Business Day Business Day No HK Market closed on fund settlement day
Day-3 Business Day Public Holiday No HK market is closed on trading day
Day-4 Public Holiday Business Day No Mainland market is closed

For more details, please refer to:Trading calendar for Northbound Trading

Will Northbound trading open in the afternoon if the Hong Kong market is a half trading day?

If the SZSE market is open on a day which is a half trading day in the Hong Kong market, Northbound trading will continue until the SZSE market is closed.

What is the arrangement of Shenzhen - Hong Kong Stock Connect trading under Typhoon signal No 8 or Black Rainstorm Signal?

The following table illustrates the arrangement under severe weather conditions of Northbound trading of SZSE Securities.

  Open for Northbound
T8/Black rainstorm issued before HK market opens (i.e. 9:00 a.m.) and discontinued after 12:00 noon NO
T8 issued between 9:00 a.m. and 9:15 a.m. NO
T8 issued after SZSE market opens (i.e. 9:15 a.m.) Trading continue for 15 minutes after T8 issuance, then only order cancellation is allowed till SZSE market close
Black rainstorm issued after HK market opens (i.e. 9:00 a.am) Yes
T8/Black rainstorm discontinued at or before 12:00 noon Trading resumes after 2 hours

For more details, please refer to: Trading calendar for Northbound Trading

Can KGI client short sell Shenzhen A Shares?

At the moment, KGI does not provide Short Selling of Shenzhen A Shares service, but the client still needs to inform KGI investment representative whether the sell order is a Short Selling order.