Chinese Central Bank Triggers Rally! Your Complete Guide to Investing in HK Stocks!
On 24th September, the People's Bank of China rolled out a series of policy measures that sparked a frenzy among investors. This led to a "Super Tuesday" for Chinese assets.![]()
The Hang Seng Index $Hang Seng Index (800000.HK)$ has risen by 32.42% from 9.Sep to 7.Oct, outperforming the $S&P 500 Index (.SPX.US)$ 's 5.32% gain. Is the rally in Chinese assets here to stay? Can we take advantage of it?
Before you hit the “Trade” button, let’s get a quick overview of some basics on Chinese assets: their categories, trading rules, and key indices.
Trading Rules and Time for HK Stocks
With no time difference, HK stock trading hours align well with our schedules. Trading runs from 9:30 AM to 4:00 PM, with a lunch break from 12:00 PM to 1:00 PM. On holidays like Christmas, New Year, and Lunar New Year, trading is half-day.
HK stocks follow T+0 trading, allowing you to buy and sell on the same day. There is no limit on price fluctuations, though there are volatility control mechanisms for major stocks.
Types of Companies Listed on the Hong Kong Stock Exchange
Companies listed on the Hong Kong Stock Exchange (HKEX) can be divided into three main groups:
I. Blue Chip Stocks
Blue chip stocks are mature companies with good financial health. They are generally considered low-risk investments with stable returns. These companies are often included in the Hang Seng Index (HSI), which is like a thermometer for the overall health of the Hong Kong market. The HSI includes leading companies across various sectors such as banking, real estate, and energy.
II. Red Chip Stocks
Red chip stocks are companies listed in Hong Kong but are controlled by mainland Chinese entities or individuals. These companies are typically registered outside of mainland China but conduct their primary business activities in there.
III. H Shares
H shares are stocks of companies that are registered in mainland China but choose to list their shares on the Hong Kong Stock Exchange. Unlike red chips, these companies are based in mainland China and follow mainland laws.
Key Market Indices
Here are the main indices in the HK market:
The most representative index, including 66 large companies reflecting the overall performance of the HK market.
Reflects the performance of mainland Chinese companies listed in HK.
Comprises the 30 largest tech companies, highlighting the tech sector trend in HK.
We hope this guide helps you better understand and participate in the Hong Kong stock market, seizing every investment opportunity.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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102458302 : Tq for adding HK market
Chris Shun MY : how to get the promotion offer . I already opened my MooMoo account on 5 July 2024
103542188 : how to calibrate new moomoo improve verson.i want to trade Shanghai index
103542188 102458302 : how to migrate to moomoo improve version.i want to trade HK market in this moomoo
103517651 : I still can’t purchase any HK stock?
Abu my account : You need to update the moomoo app to start trading in hk market. I tried and it works.
Lone Mower : Great. Was waiting for this. Now I can shift over from Rakuten. Thanks
104938985 : I would like to trade HK stocks, why did it just show paper trade only?
102181510 : o.k
大马周瑜 : ok
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