Hong Kong Stock Services

Hong Kong is an externally oriented economy. With the rapid economic development in the Mainland China, Hong Kong has become the fastest growing international financial center in the Asia-Pacific region. In recent years, the majority of companies listed in Hong Kong are Chinese Mainland enterprises and enterprises of Europe and America. The Chinese Mainland enterprises, no matter state-owned enterprises or private enterprises, occupy an increasing portion of the whole market. Thus China’s domestic economic development becomes more and more important to Hong Kong securities market.

For Hong Kong stock, investors generally will consider the Hang Seng Index as the indicator of the market. Hang Seng Index comprises 50 stocks which represent about 61% of capitalization of the Hong Kong Stock Exchange. The turnover of major industrial sectors, such as finance, telecommunication, real estate and utilities in the Index account for 46% of the market. Besides common stocks, there are other investment products, for example, warrants, callable bull bear contracts, ETF and real estate investment trusts (REIT), etc.

In addition, the settlement process of Hong Kong stock will be completed within the second working day after the transaction (that is T+2). However, investors are allowed to sell the same stock after buying at the same day. There is no mechanism of up/down limit for suspension of trading or limitation of up/down in the Hong Kong stock exchange market.

AASEC can offer different types of account for clients to choose:

  • Individual / Joint Cash Account
  • Corporate Cash Account

Other services for Hong Kong stock

Besides Hong Kong stock, trading services of below investment products will also be provided:

Different types of derivative investment products
Warrant
Covered Warrant
Callable bull bear contracts (CBBC)
Initial Public Offer (IPO)
Private Placement

Holiday Schedule for Hong Kong stock trading

Securities Market is closed on Saturdays, Sundays and Public Holidays as specified below:            

Date

Day

Holiday

26-Dec-16

Monday

The first weekday after Christmas Day

27-Dec-16

Tuesday

The second weekday after Christmas Day

2-Jan-17

Monday

The day following the first day of January

30-Jan-17

Monday

The third day of Lunar New Year

31-Jan-17

Tuesday

The fourth day of Lunar New Year

4-Apr-17

Tuesday

Ching Ming Festival

14-Apr-17

Friday

Good Friday

17-Apr-17

Monday

Easter Monday

1-May-17

Monday

Labour Day

3-May-17

Wednesday

The Birthday of the Buddha

30-May-17

Tuesday

Tuen Ng Festival

2-Oct-17

Monday

The day following National Day

5-Oct-17

Thursday

The day following the Chinese Mid-Autumn Festival

25-Dec-17

Monday

Christmas Day

26-Dec-17

Tuesday

The first weekday after Christmas Day

  

Notes:
The following business day(s) is/are half-day trading day(s) (i.e. No Extended Morning and Afternoon sessions) and non-settlement day(s) for Exchange Trades and Non-Exchange Trades (i.e. Settlement Instruction and Investor Settlement Instruction):

27 January 2017 (Friday) – Eve of Lunar New Year

Trading Hours

Trading is conducted on Monday to Friday (excluding public holidays) at the following times:

Trading Hours

Full Day Trading Half Day Trading

Auction Session

 

 

Pre-opening Session

9:00 a.m. to 9:30 a.m.

9:00 a.m. to 9:30 a.m.

Continuous Trading Session

 

 

Morning Session

9:30 a.m. to 12:00 noon

9:30 a.m. to 12:00 noon

Extended Morning Session

12:00 noon to 1:00 p.m.

Not applicable

Afternoon Session

1:00 p.m. to 4:00 p.m.

Not applicable

Auction Session

 

 

Closing Auction Session

4:00 p.m. to a random closing between 4:08 p.m. and 4:10 p.m.

12:00 noon to a random closing between 12:08 p.m. and 12:10 p.m.

Note: There is no Extended Morning Session and Afternoon Session on the eves of Christmas, New Year and Lunar New Year.  There will be no Extended Morning Session if there is no Morning Session.