Welcome to the Help Center.

1.         HK Stock Exchange Trading Hours

Monday to Friday:

[Call auction period for morning session]

HKT 09:00 – 09:20 am

[Continuous trading period]

Also called regular trading period: HKT 9:30 – 12:00 am and HKT 13:00 – 16:00 pm

2.         Minimum trading unit and stock price rules for HK stocks

The minimum trading unit for HK stocks is “1 lot”, which may equal to 100 shares, 500 shares, 1,000 shares, 2,000 shares, etc., depending on stock price. For example, 1 lot equals to 100 shares for Tencent Holdings Ltd and 500 shares for BYD AUTO. Where share holdings are less than 1 lot, it is called “odd lot”. For instance, in Tencent Holdings Ltd, 1 lot equals to 100 shares, so if one holds 150 shares of Tencent, then 50 shares thereof become odd lot. Odd lot usually occurs when a company carries out bonus issue or rights issue.

Correspondence between stock price and minimum trading unit:

Stock price

Minimum trading unit

Stock price range

Minimum trading unit

0.01–0.25

0.001

0.25–0.5

0.005

0.5–10

0.01

10–20

0.02

20–100

0.05

100–200

0.1

200–500

0.2

500–1,000

0.5

1,000–2,000

1

2,000–5,000

2

5,000–9,995

5

 

 

3.         Fluctuation of HK stock price

HK stock market is not subject to 10% limit up/down system.

4.         Intraday trading of HK stocks

Day trading is allowed. HK stocks are subject to the T+0 trading system, that is, stocks can be brought and sold on the same day. There is unlimited T+0 trading frequency both for HK stocks and US stocks.

5.         Margin Financing of HK stocks

Not available.

6.         Securities margin trading (short-selling) of HK stocks

Not available.

7.       HK Stocks-Order Types

Supported Types:At-auction orders, at-auction limit orders, market orders, limit orders, stop-loss orders, and stop-loss limit orders
Below we will introduce at-auction orders and at-auction limit orders. For other order types, please refer to the US stock trading help page:Order Type.
At-auction order:

place & modify orders at HKT 9:00-9:20 
am

At HKT 9:20
am, HKEX will handle at-auction orders uniformly
At HKT 9:30
am, unfilled orders will be cancelled automatically.
At-auction limit orders:
HKT 9:00-9:15
am place & modify orders
(Orders placed at HKT 9:15-9:20
am will be cancelled automatically at 9:30
am)
HKT 9:20
am HKEX will uniformly process auction orders
HKT 9:30
am unfilled orders continue to be listed on the exchange

Note: At-auction limit orders are placed during the auction period and automatically extended to the continuous trading period. Some orders will be automatically cancelled after modification, depending on whether the order is accepted by the HKEX during the auction period.

8.         HK stock settlement arrangement

HK stocks trading is subject to the T+2 delivery system, that is, for shares traded today, the securities company and clearing house will carry out the settlement and delivery of funds and shares on the second workday after clearing. 

9.         HK stock derivatives trading

Not available.


Please contact your local customer service team should you have any further questions.

Phone: 02 9169 6999

Email: clientservice@tigerbrokers.com.au

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