Hang Seng "Riots", Hongkong Stock Market Has Been A Major Event!

The setting of HK $500 thousand capital threshold is unfair to the small and medium-sized investors in the mainland.

This threshold setting not only does not reduce investors' investment risk, but also exacerbates the investment risk of investors and restricts investors' investment in Hong Kong stocks.

Therefore, it is necessary to set the threshold of the 500 thousand yuan fund with the help of the "riot" of the Hang Seng Index, so that more mainland investors can invest in the Hongkong stock market and further integrate the Hongkong stock market into the stock market system of China.

Hongkong's Hang Seng Index rose 961 points, or up to 3.8%, and 26236.86 points on the stock index station, closing 252 billion 400 million Hong Kong dollars throughout the day, setting a record of the highest daily turnover in Hongkong.

The HKEx also became the largest stock market in the world on that day.

On that day, Hong Kong stocks rose by more than 50%, with 2 stocks, 40% to 50% of 10, 30% to 40% of 17, 45 of 20%-30%, and 245 of 10%-20%.

And on the same day, Hong Kong stock reached a limit of 10 billion 500 million yuan, the first time it was scrambled for nothing.

In April 9th, Hong Kong stocks continued to make persistent efforts. The Hang Seng index jumped 2.58% and opened up more than 6% after the opening. In 10 minutes, the Hang Seng Index pulled up 1700 points, the highest point to 27923 points, a record high since January 2008.

All day, the Hang Seng Index rose 707 points, or 2.7%, and the daily turnover was HK $291 billion 500 million, breaking the record that the previous day just refreshed.

On this day, the share of Hong Kong stock was still snatching away.

In April 10th, Hong Kong stocks rose 328 points, or 1.22%.

When the amount of investment is over half,

Hongkong's stock market soared for three days, which brought huge profits to investors in Hongkong market, and some investors who chose the stock market even gained huge profits.

This includes investors from the mainland.

And standing in the clear is through the Hong Kong stock through channels to invest in the mainland stock market investors in Hongkong stock market.

As a result of the rise in April 8th, the share prices of state-owned shares represented by H-shares rose significantly. For example, China's north car rose 42% on the same day. Therefore, investors who invested in Hongkong stock through Hong Kong stock channels have gained considerable profits in the "riot" of the Hang Seng Index.

But this situation has rushed to the small and medium-sized investors in the domestic market.

Faced with the "blowout" of the Hongkong stock market, the vast majority of mainland investors, especially small and medium-sized investors, can only "see the fire" and can not get a share.

The restrictions on the amount of Hong Kong stocks, to a certain extent, have hampered mainland investors' investment in the Hongkong stock market. Li Xiaojia, chief executive of HKEx, also said on 10 that he would raise the volume of Hong Kong and Shanghai through the future.

We need to wait patiently.

But the biggest obstacle to the mainland's small and medium investors investing in Hong Kong stocks is the threshold setting for Hong Kong stocks.

Because according to the current regulations, the threshold for investors to open Hong Kong stocks through accounts is no less than 500 thousand yuan.

This threshold set the largest majority of mainland investors outside the gates of the Hongkong stock market.

According to the data released by China Daily, by the end of 2 this year, investors with a capital of 500 thousand yuan or above accounted for only 6.8% of natural person investors, that is, 93.2% of mainland investors had no chance to invest in Hongkong stock through Shanghai and Hong Kong through channels.

The setting of this fund threshold for Hong Kong stocks clearly draws on the relevant practices of A share market investors' appropriateness management system.

For example, in the A share market, the threshold setting of stock index futures is limited by the threshold of 500 thousand yuan, and the margin limit of 500 thousand yuan is also limited to 500 thousand yuan.

It can be said that "500 thousand yuan" has become a threshold for most mainland investors.

Nowadays, there is a threshold setting of HK $500 thousand, including Hong Kong stock exchanges.

It should be said that the starting point for management to set up such a threshold is good.

For example, avoid giving investors greater investment risk.

For example, the trading of stock index futures is really not suitable for small and medium investors.

But this kind of appropriateness system of investors with serious "paternalism" has been expanded obviously, thus becoming a shackle that fetters investors, and has brought a huge negative impact to the investment of small and medium-sized investors.

This point has been particularly evident in Hong Kong stock exchanges after this "hang in motion".

For example, because

The threshold restrictions made small investors lose the opportunity to invest in Hong Kong stocks.

After all, the opportunity for Hong Kong stocks to soared is not hard to grasp. On the one hand, the rise of A shares has made it possible.

In particular, the H-share in Hong Kong stocks has become a "depression" of value investment. On the other hand, the China Securities Regulatory Commission has released the investment of the public offering fund to the Hongkong stock market, allowing the public fund to invest in Hong Kong stocks through Hong Kong stock through channels.

It is also based on these two reasons that after the news that the CSRC allowed the public fund to invest in Hong Kong stocks, the capital flows to Hong Kong stocks through Hong Kong stock through channels increased significantly.

Finally, the Hong Kong stock broke out in April 8th.

However, because of the setting of 500 thousand yuan threshold, small and medium-sized investors can only lose the opportunity to make money in Hongkong stock market.

While losing the opportunity to make money in the Hongkong stock market, small investors can only stick to the high-risk A share market and bear the high risk of the A share market.

After all, the valuation of the A share market is obviously higher than that of the Hong Kong stock market.

If the price earnings ratio of gem is more than 100 times, even if the blue chip market is considered to be the most investment value, even after the last day's Hang Seng riots, the A share price of the A+ H-share company is still more than 20% higher than that of H shares.

It can be seen that the 500 thousand threshold set by Hong Kong stocks has imposed the high risk of the A share market on the heads of small investors.

Therefore, this threshold is not to let investors reduce investment risk, but to let small and medium investors invest in risk, which is a great harm to the interests of investors.

Of course, small and medium investors can also invest in Hong Kong stocks through other channels.

For example, to open an account directly to Hongkong, or to open a Hong Kong stock account through the offices of some Hongkong brokerages in the mainland.

But this not only increases the cost of opening accounts, but also because the RMB can not be freely realized, which leads to the way that funds can enter Hongkong to choose underground banks. This not only increases the cost of payment, but also has the problem of fund safety.

This will enable investors to assume greater investment risks.