Steps to open a B-share account:
Step 1: With my valid identity certificate, go to my original foreign exchange deposit bank and transfer my cash deposit and foreign currency cash deposit to the B-share margin account of the local and peer securities firms.
Domestic commercial banks issue receipts to domestic individual investors and statements to securities institutions;
Step 2: Open a B-share capital account with my valid identity certificate and my account voucher, and the minimum amount for opening a B-share capital account is equivalent to 65,438 USD+0,000 RMB;
Step 3: Apply for opening a B-share account with the newly-opened B-share capital account in the securities business institution.
H-share account opening steps
1. Preparation materials 1. Proof of residential address: Hong Kong Securities Regulatory Commission requires Hong Kong investors to provide proof of their current residential address to ensure that investors can receive materials mailed by securities companies. Proof of residential address can be replaced by utilities, telephone bills, gas bills, fund statements, insurance statements, credit card statements, etc. The premise is that the document must be printed by machine, with the customer's name and address, and within three months. 2. ID card and photocopy
II. Sign the account opening document 1. The customer fills in the basic personal information and signs it.
3. After the account opening materials are delivered, the securities company will open a stock trading account and a special trust account of Standard Chartered Bank for the customer after receiving the customer's account opening application and passing the examination. And send the account by SMS, email, account opening letter, etc. 1, SMS: The customer will receive a SMS from customer service, which contains the stock trading account number. 2. Mail: The customer service will send the "login password" and "trading password" of the stock trading account to the customer by mail. 3. Letter of account opening: An account opening letter will be sent to the customer, including the special trust account of Standard Chartered Bank and the name and contact information of the account manager. At this point, the whole account opening process is completed, and customers can use the account to trade Hong Kong stocks.