Customer is required to render full payment for securities purchased and buying on margin and borrowed money is not permitted.
Customer may borrow money by using purchased securities or other securities held in the margin account as collateral. This increases customer’s purchasing power and gives the customer greater flexibility for trading securities. However, customer should note that the securities or securities collateral may be re-pledged or otherwise dealt with by China Merchants Securities (HK) Co., Limited (the "Company").
For trading futures contracts.
•Southbound Trading Account
Southbound Trading Account refers to the account used by qualified Mainland investors to invest in qualifying investment products sold by banks and securities companies in Hong Kong and Macao.
•Northbound Trading Account
Northbound Trading Account refers to the account used by qualified investors in Hong Kong and Macau to invest in qualifying investment products sold by mainland banks and securities companies.
•Individual/Joint Account
- Copy of a valid passport or ID card
- Proof of current residential address (e.g. a Water Bill, Electricity Bill or Bank Statement issued within 3 months)
- Proof of correspondence address (if different from residential address)
- Any other information or document as may be required by the Company
•Individual/Joint Account
- Copy of a valid passport or ID card
- Proof of current residential address (e.g., a Water Bill, Electricity Bill or Bank Statement issued within 3 months)
- Proof of correspondence address (if different from residential address)
- Any other information or document as may be required by the Company
•Southbound Trading Account
- PRC Identity Card
- Valid Bank account bearing the applicant’s name
- Permanent address proof (if applicable)
•Northbound Trading Account
- PRC/HK Identity Card/Mainland Travel Permit for Hong Kong and Macau Residents
- Valid Bank account bearing the applicant’s name
- Permanent address proof (if applicable)