HK Stock Trade Tips
Market | Hong Kong |
Market Code | HK |
Trading Hours | 09:00 - 09:30 - Pre-Market Auction Trading Session 09:30 - 12:00 - Continuous Trading Session 13:00 - 16:00 - Continuous Trading Session 16:00 - 16:10* - Closing Auction Trading Session *The market will randomly close between 16:08 and 16:10 |
Lot Size | Variable (not standardized) |
Combination Orders | Allowed |
Settlement Date | T+2 (trade date plus 2 business days) |
Trading Currencies | HKD, CNY, USD |
Quote Denomination | HKD, CNY, USD |
Settlement Method | If the client's account does not hold the required settlement currency, ArtaGM Futures Limited will convert other currencies in the account into the corresponding settlement currency on T+1 settlement day. ArtaGM will display the actual exchange rate used for the currency conversion on the statement for the conversion date. Clients can deposit Hong Kong Dollars, Chinese Renminbi, or US Dollars with ArtaGM Futures Limited. |
Trading Tips | Clients need to be aware of the settlement currency for the stocks they are trading. Some ETFs settle in CNY (e.g. 87001, 82822) or USD (e.g. 9146, 9155). |
The enhanced limit order queuing mechanism allows a maximum of 24 price levels and up to 10 queues for matching. | |
Market Cooling-off Mechanism: For eligible stocks, a 5-minute cooling-off period is triggered if the price moves by 10% within 5 minutes. During the cooling-off period, the stock price can only fluctuate within ±10% of the price 5 minutes prior. There can be a maximum of one cooling-off period per morning and afternoon trading session. | |
On trading days before Christmas Eve, New Year's Eve, or Lunar New Year's Eve, the market will have a half-day trading session from 09:00 to 12:00. |