Can domestic brokerages trade U.S. stocks, and can Chinese securities companies buy U.S. stocks

Updated on Financial 2024-04-27
11 answers
  1. Anonymous users2024-02-08

    U.S. stocks can be traded in China.

    To buy and sell in the United States, you only need to open an account, there are many U.S. stock brokers, and you can choose one that suits you according to your own amount of funds, trading habits and trading frequency, and the account opening is basically free.

    Entrust a Hong Kong company to re-entrust the issuanceU.S. stock account。BasicallyMajor domestic brokeragesThe Hong Kong subsidiaries of the company have this business, and the so-called "re-entrustment" is the end as the name suggestsDomestic brokersWhether it is useful or notU.S. Stock Research SocietyIt can only be three waysDomestic brokerages can trade U.S. stocksYou place an order with this subsidiary (or Hong Kong brokerage), and the brokerage will then transfer to another brokerage firm in the United States with which it has a partnership.

    The China Securities Regulatory Commission (CSRC) emphasizes that domestic investors participating in overseas market transactions through the platforms of domestic Internet companies** or mobile clients, due to the lack of corresponding legal protection, and the ** investment accounts and funds are overseas, in the event of a dispute, the rights and interests of investors will not be effectively protected.

    Extended Materials. The difference between U.S. stocks and A-shares

    1.The minimum number of shares per trade is different: A shares are at least 100 shares per trade, and U.S. stocks are at least 1 share per trade.

    2.The settlement mechanism is different: A-shares are subject to a T+1 delivery system, while U.S. stocks are subject to a T+3 delivery system.

    3.The rise and fall are different: the maximum daily rise and fall of A-shares is 10%, and there is no limit on the rise and fall of the US stock market.

    The handling fee for buying and selling in the United States** is not calculated based on the "transaction amount" rate, but on the "number of transactions". There is also a fee model that is calculated on the basis of "number of transactions", and the fee standard of different brokerages is different.

    The Measures for the Administration of Individual Foreign Exchange stipulate that "if a domestic individual's outward direct investment complies with the relevant regulations, it may purchase foreign exchange or remit it with its own foreign exchange with the approval of the foreign exchange bureau, and shall go through the foreign exchange registration for domestic investment". However, at present, the State Administration of Foreign Exchange, the Ministry of Commerce and other relevant departments only accept the approval of a company's OFDI, and do not handle the formalities for an individual's OFDI.

  2. Anonymous users2024-02-07

    Not yet, not yet, not yet to open the Shanghai-US Pass, Hong Kong and the United States, hehe, it is possible in a few years.

  3. Anonymous users2024-02-06

    1. Domestic investors can open U.S. stocks through the following three ways.

    Account. 1. Go directly to the United States to handle it.

    Investors go directly to the United States to open a ** account, only the investor needs to have a certificate to enter and exit the United States, but the time and cost are relatively high, investors can choose to travel to the United States by the way.

    2. Open an account through the official online platform of the U.S. stock brokerage.

    Open an account through the official online platform of a U.S. stock broker, for example, Tiger**.

    Investors need to prepare some materials in advance: 1. Identity proof: Chinese mainland resident ID card or passport can be used; 2. Proof of residence: You can use the water, electricity and gas bill as proof of residence.

    At the same time, Chinese do not have to pay capital gains tax for speculating in US stocks.

    Investors must remember to fill out the W-8BEN form when opening an account.

    3. Open a U.S. stock account through the Hong Kong subsidiary of a domestic brokerage or a Hong Kong company entrusted to open a U.S. stock account.

    The main investment is through the placement of orders with this Hong Kong brokerage firm (or the Hong Kong subsidiary of a mainland brokerage), which is then transferred to another brokerage firm in the United States with which it has signed a cooperation. For example, Haitong**.

    Hong Kong subsidiaries Haitong International and Shenyin Wanguo.

    Shenyin Wanguo (Hong Kong) and so on.

    In the process of trading, it should be noted that there is no limit on the rise and fall of U.S. stocks, and two-way trading and T+0 trading methods are implemented.

    2. Mainland investors buy Hong Kong stocks.

    You can use the Shanghai-Hong Kong Stock Connect.

    Or Shenzhen-Hong Kong Stock Connect to buy, but investors need to have at least 500,000 or more to buy, if they do not meet the requirements, they can also buy and sell some investment in Hong Kong stocks, indirectly.

    Or investors can open an account with a brokerage that supports Hong Kong stock trading, and after passing the account opening application, they can normally** Hong Kong stocks, such as Tiger**, Xueying**, etc.

    The official website shall prevail.

  4. Anonymous users2024-02-05

    Domestic ** companies cannot directly buy U.S. stocks for the time being. However, you can open an account and trade on online brokerage platforms, such as Futu** and Tiger**. It should be noted that RMB needs to be converted into US dollars when depositing funds, so there are certain risks at the level of fund transfer, so you need to be cautious.

  5. Anonymous users2024-02-04

    OK. The process for trading U.S. stocks in China is as follows:

    1. Open an account with the company, and go through the relevant procedures such as the SSE or SZSE shareholder account card, capital account, online trading business, and ** trading business. Then, the online trading software specified by the company.

    2. Open a current account at the bank and deposit the money in the bank through the bank-securities transfer business.

    3. Transfer money from the bank to the company's capital account through the online trading system or the first trading system and other systems.

    4. Buy and sell in the online trading system or **trading system**.

    5. The handling fee is about 100 yuan (each ** company is different). **In the event of a downturn, it is generally free to open an account.

    6. To buy, you must entrust the company to trade, so you must find a company to open an account. People who buy ** cannot go directly to the Shanghai ** exchange to buy and sell.

  6. Anonymous users2024-02-03

    U.S. brokerage stocks have IBP**. IBKR** is a U.S.-based brokerage firm with a comprehensive range of trading options, offering direct trading in more than 80 markets around the world, and account opening can be done directly by email or fax.

    Extended information: 1. U.S. stocks, that is, the United States**.

    Markets open Monday through Friday, EST.

    9:30-16:00, domestic time is, American Daylight Time.

    It is 21:30 4:00 in China and 22:30 5:00 in non-daylight saving time. At present, there are many investors in China who participate in U.S. stock trading.

    2. Dow Jones Index.

    The Dow Jones **** average is the most influential and widely used stock price index in the world. It is compiled from a representative group of companies listed on the New York Stock Exchange, and is composed of four average stock price indexes.

    3. NASDAQ.

    NASDAQ) is an automatic system for business associations across the United States.

    National Association of Securities Dealers Automated Quotations) (NASDAQ). Founded in 1971, NASDAQ is a fully electronic marketplace that provides a competitive stage for emerging industries, is self-regulating, and is globally oriented.

    The NASDAQ is the largest electronic trading market in the United States and the world.

    4. The S&P500 stock price index is an index obtained by the weighted share capital of McGraw Hill from the New York Stock Exchange, the American Stock Exchange and the OTC Stock Exchange, including 400 industrial stocks, 40 public utilities, 40 financial stocks and 20 transportation rough date stocks, which are based on the average stock price of the period from 1941 to 1943.10 and were promoted by S&P in 1957. Because the S&P index accounts for more than 80% of the total value of the New York Stock Exchange, and factors such as market capitalization, liquidity, and industry representativeness are considered in stock selection, this index is highly favored by institutional legal persons and ** economic and rock demolition managers as soon as it is launched, and has become an important reference index for evaluating operational performance.

  7. Anonymous users2024-02-02

    Summary. Dear, glad to answer for you! The countries that can directly trade US stocks are the United States, Canada, the United Kingdom, Australia, New Zealand, Singapore, Hong Kong, Japan, South Korea, Taiwan, Malaysia, Indonesia, Thailand, the Philippines, Vietnam, India, Saudi Arabia, Mexico, Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Uruguay, Panama, Ireland, South Africa, Israel, Norway, Finland, and Sweden.

    Why can't you see the news?

    Dear, glad to answer for you! Countries that can directly trade U.S. stocks include the United States, Canada, the United Kingdom, Australia, New Zealand, Singapore, Hong Kong, Japan, South Korea, Taiwan, Malaysia, Indonesia, Thailand, the Philippines, Vietnam, India, Saudi Arabia, Mexico, Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Uruguay, Panama, Ireland, South Africa, Israel, Norway, Finland, and Sweden.

    Extended Information: U.S. stocks, i.e. U.S.**. Opening time hail:

    In the United States, daylight saving time is adopted from the second Sunday in March to the first Saturday in November, during which the trading time is 21:30 p.m. Beijing time and 4:00 a.m. the next day.

    From the beginning of November to the beginning of March, when winter time is adopted, the trading time is 22:30 p.m. Beijing time and 5:00 a.m. the next day.

  8. Anonymous users2024-02-01

    1.Choose a reliable broker.

    At present, there are a variety of Hong Kong and U.S. stock brokerages, and they can basically open accounts online.

    I have been using Futu** to invest in Hong Kong and U.S. stocks. What attracted me more was the following:

    c.The commission rate is relatively low, Hong Kong stocks 10,000 3 commissions, often send commission-free, the lowest US dollar for US stocks.

    2.Apply for a Hong Kong bank card.

    Now, due to well-known reasons, it is much more troublesome to return to China with funds abroad than in previous years, and it is best to apply for a Hong Kong card to solve the problem of capital inflow and exit. For example, Futu supports many Hong Kong banks' bank-securities transfers, and if you have a Hong Kong card, the deposit and withdrawal will arrive in seconds without any handling fees.

    Of course, now the Hong Kong bank account is not particularly easy to run, I used to apply for a China Merchants Bank Hong Kong card a few years ago, just deposit 50,000 yuan, and now the threshold has been raised to 5 million.

    As far as I know, the threshold for handling Minsheng Hong Kong bank accounts is relatively low, and many Hong Kong brokerages also cooperate with them to handle them at home. For example, Futu has a cooperation channel, and there is a detailed introduction at the end.

    3.How do I open a Futu U.S. stock account? JD employees also have exclusive benefits.

    Prepare your ID card + any mainland bank card (for real-name verification) and enter the official Futu account opening link to submit the account opening information, and pay attention to upload and take photos according to the specified actions.

  9. Anonymous users2024-01-31

    Chinese speculate in U.S. stocks, do not need to go abroad, do not need passports, do not need overseas bank accounts.

    It only takes two steps to invest in U.S. stocks:

    1) Choose a suitable online broker to open an account, 2) Exchange foreign exchange and remit to the trading account. The total cost includes the courier fee and remittance fee for opening an account**, which can be done at about 300,500 yuan.

    Step 1: Choose an online broker to open an account.

    To invest in U.S. stocks, you must first choose a U.S. brokerage that suits you. For residents in China, you can choose an online broker, also known as a discount broker. Because this kind of American brokerage uses computer technology to place orders through the Internet, saving a lot of labor costs, it can provide cheaper discount prices than traditional ** brokerage companies, so the name does not contain the meaning of inferior quality.

    Step 2: Exchange for foreign currency and remit it to the trading account.

    Once you have a trading account, it's time to start preparing your forex funds. At present, residents of Chinese mainland have allowed individuals to exchange foreign exchange for up to US$50,000 per person per year by going to the bank with their ID cards. Note that when exchanging foreign exchange and remittance, the purpose cannot be written **investment, because at present, the RMB has only opened the free convertibility under **, and the free convertibility under the capital account is still not open.

    You can use your imagination to fill in the information for travel, study abroad or pay for service fees, consulting fees, ** fees, etc. Most bank clerks will not ask, if you are unlucky and do not let you transfer foreign exchange to the ** account, try to change the bank or business office. Cash exchange is not the same as cash, and you can directly request a foreign exchange wire transfer to your trading account.

    The remittance fee of $50,000 is about 300,400 yuan. U.S. brokerages have detailed remittance guides on **, so remember to print one out before going to the bank. After getting these two steps right, you can start your U.S. stock investment journey, I hope it can help you.

  10. Anonymous users2024-01-30

    If you want to open a U.S. ** account in China, first you need to have a U.S. bank account, U.S. banks generally have Bank of America (BOA), Huamei, Citigroup, etc., it is recommended to choose Bank of America (Boa), because there is no handling fee for opening Zelle to receive money.

    If you are an individual buying U.S. stocks to open a Bank of America (BOA) account, you need to prepare the front and back of your passport, ID card, scanned copies and other materials, and our company can handle bank account opening at home and abroad, without going abroad, and handle it remotely.

  11. Anonymous users2024-01-29

    Don't buy the U.S. right now, it's in the midst of turmoil.

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