China B Trading Particulars
With the B Shares trading service of Taifook Securities, you can invest in Shenzhen or Shanghai B shares with just one single securities account.
Trading and Settlement Particulars
| Trading Hours |
Monday to Friday : 9:30 a.m. - 11:30 a.m. & 1:00 p.m.- 3 p.m.
(Except from Chinese public holidays) |
| Settlement Day |
Settlement day for China B Shares is the third business day after transaction day (T+3) |
| Particulars on Settlement of Shanghai B Shares |
- Denominated in US dollars
- Settlement for bought transactions: The available funds in HK dollars in securities account will be converted to US dollars on settlement day.
- Settlement for sold transactions: Please contact our customer service officers or branch officers should you opt to convert your balance to HK dollars. The exchange rate will be calculated according to the prevailing rate on the date of instructions made.
- You will be required to bear the cost of TT should you opt to withdraw the cash in US dollars from your securities account.
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| Particulars on Settlement of Shenzhen B Shares |
- Denominated in HK dollars
- The settlement procedures for Shenzhen B shares are the same as those for local securities.
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| Particulars on Trading of B Shares |
- If you have your own investor code for settlement of China B shares, please specify upon bought instructions.
- For price enquiries, please contact your account executive.
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| Holiday Table |
| New Year's Day |
01-01-2010 |
Lunar New Year |
15-02-2010 |
| Lunar New Year |
16-02-2010 |
Lunar New Year |
17-02-2010 |
| Lunar New Year |
18-02-2010 |
Lunar New Year |
19-02-2010 |
| Tomb-Sweeping Day |
05-04-2010 |
Labour Day |
03-05-2010 |
| Dragon Boat Festival |
14-06-2010 |
Dragon Boat Festival |
15-06-2010 |
| Dragon Boat Festival |
16-06-2010 |
Mid-Autumn Day |
22-09-2010 |
| Mid-Autumn Day |
23-09-2010 |
Mid-Autumn Day |
24-09-2010 |
| National Day |
01-10-2010 |
National Day |
04-10-2010 |
| National Day |
05-10-2010 |
National Day |
06-10-2010 |
| National Day |
07-10-2010 |
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** According to the trading regulation of Shanghai Stock Exchange and Shenzhen Stock Exchange, short selling of B shares is not permitted. Based on this principle, day trading of B shares (Buying and then selling B shares on the same day) will also constituted as an offence to the said regulation. Fine will be imposed to client who contravenes the said regulation by the corresponding exchanges, and our company will collect the corresponding amount of fine from client's account imposed by China Securities Depository & Clearing Corporation Limited.
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