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The Lot Size for US Stocks |
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There is no board lot size for US stock, |
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Price Range |
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Minimum price fluctuation US$0.01 |
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Settlement Date for US Stocks |
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Buy Order: The settlement date for US stocks is T + 1* |
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Dividend Tax |
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A non-U.S. person holding a U.S. stock position would be subject to a 30% US withholding tax (reduced by treaty) on dividend payments. (Some stocks may be defer and deduct in stages) |
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US Stock Code and Quote |
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US stocks quote are generally classified into 1 to 4 letters. For instance, the code for Citigroup is C, Apple lnc. is AAPL. |
* For example, if you buy a US stock on Monday (HK time Tuesday 00：00), you need to deposit the funds on Tuesday before 17：00 (HK time).
** For example, if you sell a US stock on Monday ( HK time Tuesday 00：00), you can withdraw the funds on Wednesday before 13：00 (HK time).
U.S market Trading Session
| Session | Trading Time (Hong Kong) | |
|---|---|---|
| Summer (Mid of March - Early of November) | Winter (Early of November - Mid of March) | |
| Pre-market trading session | HKT 16:00 - 21:30 | HKT 17:00 - 22:30 |
| Market opening* | HKT 21:30 - 04:00 | HKT 22:30 - 05:00 |
| After-hours trading session# | HKT 04:00 - 08:00 | HKT 05:00 - 08:00 |
* There is no break during the regular market trading session.
# No phone trade and support service during after-hours trading session.
