China Stocks and the Stock Connect

China stocks refer to China A-shares listed on the Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) and eligible for trading through the Stock Connect, a mutual market access mechanism between Hong Kong Exchanges and Clearing Limited (HKEX) and SSE/SZSE.

Trading Rules

Only designated China A-shares are eligible for trading through the Stock Connect. For lists of eligible stocks, click here.
Only limit orders are accepted to trade China stocks.Buy orders must be in board lots. A board lot is 100 shares.
Odd lot trading is only available for sell orders, and all odd lots should be sold in one single order.
A board lot buy order may be matched with different odd lot sell orders, resulting in odd lot trades.
The maximum order size is 1 million shares, and the tick size is uniformly set at 0.01 RMB.
For more information, read the Information Book for Investors published by HKEX to familiarize yourself with the rules, regulations, and potential risks associated with trading China stocks.

Information Collection and Reporting

Clients who want to access Stock Connect must give their consent for Moomoo Financial Inc. to collect and report their information to HKEX, as well as Chinese regulatory bodies such as:

• SSE and SZSE

• China Securities Depository and Clearing Corporation Limited

• China mainland regulatory authorities and law enforcement agencies

For natural persons, such information includes:

• Name in English (and Chinese, if applicable)

• Government-issued ID document (ID card, passport, or driver's license)

• Number of ID document

For legal persons, such information includes:

• Entity name

• Official incorporation documents

• Legal Entity Identifier

For regulatory purposes, HKEX operates an investor identification regime. A client trading China stocks will be allocated a Broker-to-Client Assigned Number (BCAN), which will be associated with their ID information and tagged to their orders on a real-time basis. This rule equally applies to foreign investors and Hong Kong local investors.