Cryptocurrency Q&A
What is the minimum shares you can buy in Hong Kong?
What is the minimum shares you can buy in Hong Kong?
CryptoProphet
Sun Aug 04 2024
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6 answers
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Could you please clarify for me what the minimum number of shares one can purchase in Hong Kong's stock market is? I'm interested in understanding the basic requirements and constraints for individual investors looking to enter the market. Is there a set minimum, or does it vary depending on the company or stock being traded? I'm curious to know the specifics so that I can plan my investments accordingly.
6 answers
WhisperInfinity
Tue Aug 06 2024
Trading in Hong Kong stocks operates on a system where the minimum trading unit is referred to as "1 lot". This lot size varies depending on the price of the individual stock, ensuring flexibility and efficiency in the market.
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lucas_jackson_pilot
Tue Aug 06 2024
The lot size can encompass a range of shares, such as 100 shares, 500 shares, 1,000 shares, or even 2,000 shares. This variation allows for tailored trading sizes that cater to different investment strategies and risk appetites.
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CryptoLord
Tue Aug 06 2024
As an illustration, Tencent Holdings Ltd, a prominent technology company, trades with a lot size of 100 shares. This means that investors must buy or sell in multiples of 100 shares when engaging in transactions involving Tencent's stock.
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Alessandro
Tue Aug 06 2024
On the other hand, BYD AUTO, an automotive manufacturer, has a lot size of 500 shares. This difference in lot size highlights the adaptability of the Hong Kong stock market to accommodate diverse stock prices and trading volumes.
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TaekwondoMasterStrength
Mon Aug 05 2024
When an investor holds shares that do not constitute a full lot, it is referred to as an "odd lot". Odd lots are generally less liquid and may be subject to different trading rules and fees compared to standard lot sizes.
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