Updated 29 May 2020
Further to last week's post (Dividends Yield of China Financial Stocks), today we shall touch alittle more on the Hong Kong market. If you are starting to trade in the Hong Kong market, then you would sometimes come across this classification of "H-shares".
H-shares are shares issued by Chinese companies listed on the Hong Kong Stock Exchange, and can be bought or sold by foreigners. They are dominated in Hong Kong dollars but are still regulated by Chinese law. Sometimes, some companies may have listings simultaneously on both the HK market and one other Chinese Stock Exchange.
Whereas you may have heard of A-shares. A-shares are listed on the Shanghai exchange and are largely available only to domestic investors. Some A-shares are eligible for trading through the Shanghai-Hong Kong Connect. Please contact Lyndell if you wish to know more about trading via Shanghai-Hong Kong Connect.
In 2007, the Chinese government decided to allow mainland investors to invest in the Hong Kong exchange, which greatly increase the demand for H-shares, as mainland investors were previously forbidden from investing the exchange.
The Hong Kong Stock Exchange's website generated a list of H-Shares, of which China Construction Bank Corporation has the largest market capitalisation. The list includes most of the major economic sectors such as financials, industrials and utilities. Most of the H-shares listed in my post last week are financial stocks with large market capitalisation.
The HK market is available on the Lim&Tan Online Trading Platform and Mobile Apps.
- Trading Hours: Morning Session 9.30am - 12noon; Afternoon Session 1.00pm to 4.00pm.
- Uses the same log-in and password
- Placing order steps are similar to trading SG stocks
- Searching for stocks on the Hong Kong Market typically goes by stock codes, eg. AIA stock code is 1299.
- Settlement currency can be in HKD or SGD
Where can I find more info on Hong Kong stocks?
- Hong Kong Stock Exchange Website- AAstocks Website
- Google Finance
Have a question on the HK market? Drop Lyndell a WhatsApp/SMS/Email.
- How To Activate US & HK Market Trading Account
- Where To Check For Exchange Rates on Lim Tan Platform
- HK Market: Fees & Charges
- See all HK Market articles
- See all Tutorials
