Global Stock Market Trading Services help clients diversify risks and satisfy their asset allocation requirements to capture global and regional investment opportunities, and share the growth of top-tier listed companies worldwide.

China B Stocks

About B Shares

B shares are foreign-invested shares issued domestically by PRC's companies. B Shares are also known as RMB Special Shares. B shares are issued in the form of registered shares and carry a face value denominated in RMB. B Shares are subscribed and traded in foreign currencies and are listed and traded in securities exchanges inside China. The B Share Market came into existence in 1991. It has attracted a considerable amount of foreign investors. The Market provides an additional channel for foreign capital thereby enhancing the progress of the evolvement of PRC's securities market.

What is Direct Market Access (DMA)‏?

Direct Market Access (DMA)‏ is a straight through process (STP) to route orders directly from the Buy Side to the Exchanges without human intervention.

Solutions for Buy Sides

  • An evolutionary approach for Buy Sides to migrate to an advanced solution with self-owned Order Management System (OMS)‏.
  • The fastest way for foreign broker to enter the B-shares market.
  • DMA is becoming more popular and useful in modern day trading activities Service.

Our Service

  • Our I.T service team will provide the best connect solution for different preferences of clients.
  • Customer services will respond enquiry and handle trouble shoots.
  • Research analysts provide daily reports on B-shares and we also release specific reports on A-shares market.

China B Stocks Trading Methods

Dealing Hotline

Clients can place/amend/cancel trading orders through Hong Kong Dealing Hotline at (852) 2841 6388 or Toll-Free 400-120-0364.

China B Stock Market Information

  1. Trading Hours (except Mainland China public holidays)

    Hong Kong Time

  • Morning Session: 09:30 am to 11:30 pm
  • Afternoon Session: 1:00 pm to 3:00 pm

  1. Order Placing and Acceptance Timetable (except Mainland China public holidays)

    Hong Kong Time

  • Morning Session: 7:00 am to 3:00 pm
  • Afternoon Session: 3:30 pm to 3:00 am of the next day

B Share Settlement Information

  1. Settlement Date

    Two trading days after transaction date (T+3).

  2. Purchase Order

    Clients must deposit sufficient funds before T+3. Funds will be debited on T+3 and stocks will be lodged on T+3.

  3. Selling Order

    Stocks will be debited T+3 and funds will be credited on T+3.

China B shares Financing Service

Once opened a margin trading account and successfully applied HKD/USD loan facility, you can collateralize China B shares holdings for additional buying power to invest in China or other stock markets. Please do not hesitate to contact your account executive for further information on the application of loan facility and stock margin ratio.

B Shares Investor Code

Please provide a copy of your Clearing Houses investor code confirmation during the account application. You are restricted to trade until your personal investor code is certified and linkage to your account, and also if you want to change SWHY as your custodian, then please update your custodian record.

  1. Shanghai Market

    According to Shanghai Exchange House regulations, you can only have one custodian, but you are not restricted to place order with other brokers. If you have placed a buying order via us, then we will debit funds and lodge stocks in your account on T+3.

  2. Shenzhen Market

    Unlike Shanghai Market, you can have more than one custodian. When you placed an order from a broker, then that broker will automatically become your custodian on that transaction. However, you can only place selling order when sufficient shares have been transferred and hold within your dealing account. We will debit funds and lodge stocks in your account on T+3.

Note: Refer to the China Securities Regulatory Commission regulation (effective on Feb 21, 2001), all P.R.C. residents investor codes only can place order with certain local dealers.



US

Market

NYSE / NASDAQ / OTCBB

Currency

USD

U.S. Stocks

U.S. Stocks Trading Methods

Clients can place/amend/cancel trading orders by any of the following methods:

  1. Account Executive

    Clients can place orders by telephone with an Account Executive.

  2. Online Trading

    Clients can place/amend/cancel trading orders through the online trading platform and enquire about account details.

  3. Dealing Hotline

    Clients can place/amend/cancel trading orders through Hong Kong Dealing Hotline at (852) 2841 6388 or Toll-Free 400-120-0364.

U.S. Stock Market Information

  1. Trading Hours (except U.S. public holidays)

  • Hong Kong Time: 09:30 p.m. to 04:00 a.m. (Summer Time: Mar-Oct) / 10:30 p.m. to 05:00 a.m. (Winter Time: Nov-Mar)

  1. Internet Platform Order Placing Timetable (except U.S. public holidays)

    U.S. Stocks Pre-Market Trading Session

    Hong Kong Time: 07:30 p.m. to 09:30 p.m. (Summer Time: Mar-Oct) / 07:30 p.m. to 10:30 p.m.（Winter Time: Nov-Mar）

    U.S. Stocks Regular Trading Session

    Hong Kong Time: 09:30 p.m. to 04:00 a.m. of next day (Summer Time: Mar-Oct) / 10:30 p.m. to 05:00 a.m. of the next day (Winter Time: Nov-Mar)

U.S. Stocks Settlement Information

  1. Settlement Date

    U.S. stocks trading settlement is completed within the next trading day (T+1) after the transaction (T).

  2. Purchase Order

    Clients must deposit sufficient funds before settlement date. Funds will be debited and stocks will be lodged on the settlement date.

  3. Selling Order

    Selling Order Stocks will be debited and funds will be credited on the settlement date.

U.S. Stocks Margin Financing Service

Once opened a margin trading account and successfully applied USD loan facility, you can collateralize US stock holdings for additional buying power to invest in US or other stock markets. Please do not hesitate to contact your account executive for further information on the application of loan facility and stock margin ratio.

U.S. Stock Market Exchanges

1. New York Stock Exchange (NYSE)

New York Stock Exchange (NYSE) is located at Wall Street in Lower Manhattan. It is one of the largest and famous stock exchange in the world. The NYSE has the highest listing requirement in US Market.
NYSE's Website

2. American Stock Exchange (AMEX)

American Stock Exchange is located in Wall Street district. It is the third largest stock exchange centre within US. Unlike the NYSE, there are many middle size companies listing in AMEX and the average market price for the listing companies will be much lower.
AMEX's Website

3. Nasdaq Stock Market

Nasdaq Stock Market is incorporated since 1971. Most of the listing companies are Information Technology or Technology corporation.
Nasdaq's Website

Online Submission of Form W-8BEN (For Individual Account)

Please refer to the W-8BEN Form Online Submission Instructionsto submit the W-8BEN form online.

UK

Market

London Stock Exchange

Currency

GBP

U.K. Stocks

U.K. Stocks Trading Methods

Clients can place/amend/cancel trading orders listed on the London Stock Exchange (LSE) by either one of the following methods:

  1. Account Executive

    Clients can place orders by telephone with an Account Executive.

  2. Dealing Hotline

    Clients can place/amend/cancel trading orders through Hong Kong Dealing Hotline at (852) 2841 6388 or Toll-Free 400-120-0364.

U.K. Stock Market Information

  1. Trading Hours (except U.K. public holidays)

  • Hong Kong Time: 3:00 p.m. - 11:30 p.m. (Summer Time: Apr-Oct) / 8:00 a.m. - 4:30 p.m. (Winter Time: Nov-Mar)

U.K. Stocks Settlement Information

  1. Settlement Date

    Two trading days after transaction date (T+2).

  2. Purchase Order

    Clients must deposit sufficient funds before settlement date. Funds will be debited and stocks will be lodged on the settlement date.

  3. Selling Order

    Stocks will be debited and funds will be credited on the settlement date.

  4. Settlement currency

    HKD, GBP, USD

U.K. Stock Market Exchanges

1. London Stock Exchange

The Exchange is the most international of all the world's stock exchanges, with around 3,000 companies from over 70 countries admitted to trading on its markets. In October 2007 the Exchange merged with Borsa Italiana, creating Europe's leading diversified exchange business, London Stock Exchange Group.
London Stock Exchange Website

2. Main Market

The Main Market is London's flagship market for larger, more established companies, and is home to some of the world's largest and most well-known companies. Underpinned by London’s balanced and globally-respected standards of regulation and corporate governance, the Main Market represents a badge of quality for every company listed and traded on it and an aspiration for many companies worldwide. It offers the lowest cost of capital to issuers.
Main Market Website

3. techMARK

techMARK and techMARK mediscience are specialist segments of the Main Market focusing on innovative technology and healthcare companies. The Main Market is the only market to provide a focus of this type, reflecting the Exchange's recognition of technological innovation as a driver of global economic and social development.
techMARK Website

4. Alternative Investment Market (AIM)

AIM is the London Stock Exchange's international market for smaller growing companies. It was created by the London Stock Exchange in 1995 to offer smaller companies the chance to raise money from outside investors. Since then over 3000 smaller, growing companies have joined AIM. Currently there are around 1450 companies on the market operating across 39 sectors in 100 countries.
AIM Website

5. Major Index

The FTSE 100 Index is a share index of the stocks of the 100 companies listed on the London Stock Exchange with the highest market capitalisation. It is one of the most widely used stock indices and is seen as a gauge of business prosperity.

Germany

Market

Xetra / Frankfurt

Currency

Xetra / Frankfurt

Japan

Market

Tokyo / JASDAQ

Currency

JPY

Japan Stocks

Japan Stocks Trading Methods

Clients can place/amend/cancel trading orders listed on the Tokyo Stock Exchange (TSE) by either one of the following methods:

  1. Account Executive

    Clients can place orders by telephone with an Account Executive.

  2. Dealing Hotline

    Clients can place/amend/cancel trading orders through Hong Kong Dealing Hotline at (852) 2841 6388 or Toll-Free 400-120-0364.

Japan Stock Market Information

  1. Trading Hours (except Japan's public holidays)

  • Hong Kong Time: 08:00 p.m. - 10:30 p.m. (Morning Session) / 11:30 a.m. - 02:30 p.m. (Afternoon Session)

  1. Order Placing and Acceptance Timetable (except Japan's public holidays)

    Hong Kong Time: 07:00 a.m. - 02:30 p.m.

Japan Stocks Settlement Information

  1. Settlement Date

    Japan stocks trading settlement is completed within the second trading day (T+2) after the transaction (T).

  2. Purchase Order

    Clients must deposit sufficient funds before settlement date. Funds will be debited and stocks will be lodged on the settlement date.

  3. Selling Order

    Stocks will be debited and funds will be credited on the settlement date.

  4. Settlement Currency

    JPY/HKD

  5. Daily Price Limit

    TSE has established daily price limits, based on stocks' previous day's closing prices, beyond which prices may not swing. These limits protect investors from distorted price formation as a result of a speculative market or when the supply/demand balance is broken.
    Please click Trading Rules of Domestic Stocks for details.

Japan Stock Market Exchanges

  1. Japan Exchange Group, Inc.(JPX)

    Japan Exchange Group, Inc.(JPX) is an Asian financial services corporation that operates multiple securities exchanges including Tokyo Stock Exchange and Osaka Securities Exchange. It was formed by the merger of the two companies on January 1, 2013. The main business is the ownership and operation of the Japanese stock exchange and futures exchange, as well as their related clearing houses.

    It is the world's third largest (behind NYSE Euronext and NASDAQ OMX Group) and Asia's largest bourse.

  2. Tokyo Stock Exchange (TSE)

    Tokyo Stock Exchange (TSE) was established in May 15, 1878, with headquarters in Tokyo. About 2,544 listed companies with a total market capitalization of over 4.5 trillion U.S. dollars.

    In the Tokyo Stock Exchange-listed stocks, is divided into a first group (large companies), the second group (medium-sized companies) and "mother" group (Market of the high-growth and emerging stocks). As of February 2014, the first part of 1790 enterprises, the second group of 562 companies and 192 mothers group of the Company.

Price spread

Share Price(Yen) Spread (Yen)
3K or less 1
3K to 5K 5
5K to 30K 10
30K to 50K 50
50K to 300K 100
300K to 500K 500
500K to 3M 1K
3M to 5M 5K
5M to 30M 10K
30M to50M 50K
Over 50M 100K
Singapore

Market

Singapore Exchange / XSES

Currency

SGD / USD / HKD

Australia

Market

Australia Securities Exchange

Currency

AUD

Australia Stocks

Australia Stocks Trading Methods

Clients can place/amend/cancel trading orders of stock listed on the Australian Securities Exchange (ASX) by either one of the following methods:

  1. Account Executive

    Clients can place orders by telephone with an Account Executive.

  2. Dealing Hotline

    Clients can place/amend/cancel trading orders through Hong Kong Dealing Hotline at (852) 2841 6388 or Toll-Free 400-120-0364.

Australia Stock Market Information

  1. Trading Hours (except Australia public holidays)

  • Hong Kong Time: 7:00 p.m. to 1:00 p.m. (Summer Time: Oct-Apr) / 8:00 a.m. to 2:00 p.m. (Winter Time: Apr-Oct)
    *Daylight Saving Time begins on the first Sunday in October and ends on the first Sunday in April. Daylight saving may need to consider. (except Australia public holidays)

Australia Stocks Settlement Information

  1. Settlement Date

  • AUD: the second trading day (T+2) after the transaction (T).

  1. Purchase Order

    Clients must deposit sufficient funds before the settlement date. Funds will be debited and stocks will be lodged on the settlement date.

  2. Selling Order

    Stocks will be debited and funds will be credited on the settlement date.

  3. Settlement Currency

    AUD

  4. Min Trading Unit

    1 share

Australia Stocks Margin Financing Service

Once opened a margin trading account and successfully applied AUD loan facility, you can collateralize Australia stock holdings for additional buying power to invest in Australia or other stock markets. Please do not hesitate to contact your account executive for further information on the application of loan facility and stock margin ratio.

Australia Stock Market Exchanges

The Australian Exchange(ASX)

ASX Group was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006 and is today one of the world’s top-10 listed exchange groups measured by market capitalization. BHP Billiton, Commonwealth Bank of Australia, Telstra, Corporation, Rio Tinto, National Australia Bank and Australia and New Zealand Banking Group are some of the largest listed company in Australia. The three largest sectors of the Australian stock market were financial (36%), metals and mining (22%) and consumer (13%). Australian stock market is relatively mature and stable. Australian Government encourages long-term investment. Therefore, the dividends of Australia stocks are relatively high.
Australian Exchange(ASX) Website

Stock price

Stock price (AUD) Tick size(AUD)
Less than $0.10 $0.001
$0.10 to $0.50 $0.005
Greater than $0.50 $0.01

Security code conventions

Equity (share) codes are between 3 and 6 letters long. Fully-paid ordinary shares are generally 3 letters long. They reflect as closely as possible the issuing company’s name, e.g. the code for BHP Billiton is BHP.

Malaysia

Market

Bursa Malaysia


Currency

MYR

Thailand

Market

Stock Exchange of Thailand


Currency

THB

Global Equities

China B Stocks
US
UK
Germany
Japan
Singapore
Australia
Malaysia
Thailand


Disclaimer: Customer understands that the trading days and hours in the stock exchange outside Hong Kong may not coincide with Hong Kong’s local or domestic trading days or hours and/or our Order Placing and Acceptance Timetable above, which may result in financial disadvantage to Customer. Shenwan Hongyuan Securities shall not be responsible for and Customer agrees to hold Shenwan Hongyuan Securities and its affiliates harmless from any loss or damage, direct or indirect, associated with such disadvantage.