Hong Kong stocks (HK stocks) refer to stocks listed on Main Board and Growth Enterprise Market (GEM) of Hong Kong Exchanges and Clearing Limited (HKEX), including blue chips, red chips and H-shares. In addition to ordinary shares, exchange-traded funds (ETFs) and real estate investment trust (REITs) listed on Main Board or GEM, investors can trade derivative instruments including derivative warrants (DWs), callable bull/bear contracts (CBBCs) and inline warrants (IWs).

On 10 April 2014, the Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) made a joint announcement regarding the in-principle approval for the development of Shanghai Connect for the establishment of mutual stock market access between the Mainland China and Hong Kong stock (Shanghai Connect). The Shanghai Connect is a mutual order-routing connectivity and related technical infrastructure (Trading Links) established by the Hong Kong Stock Exchange (SEHK), Shanghai Stock Exchange (SSE) and China Securities Depository and Clearing Corporation Ltd (China Clear) in the securities markets of Mainland China and Hong Kong, aiming to enable investors of the respective market to trade shares listed on the other's  market. Both Hong Kong and overseas investors can trade stocks listed on the Shanghai Stock Exchange through northbound trading, while mainland investors can also trade stocks listed on the SEHK through southbound trading. For details, please refer to the relevant documents posted on the HKEx website at https://www.hkex.com.hk/Mutual-Market.

Following the successful launch of the Shanghai Connect, the market believes that the launch of the Shenzhen Connect can further expand the interconnection of the stock markets of the two places. The Shenzhen Connect was launched based on applying similar programme principles and design of the Shanghai Connect. Both Hong Kong and overseas investors can trade stocks listed on the Shenzhen Stock Exchange through northbound trading, while mainland investors can also trade stocks listed on the SEHK through southbound trading. 

Bonds are a debt instrument issued by companies or governments (generally referred to as "bond issuers") with the purpose of borrowing to raise funds. Bond issuers normally promise to repay the principal and interest on a specified date. If you invest in bonds, you are actually lending money to bond issuers. Bonds can be divided into listed and unlisted bonds. An investor may subscribe for bonds directly from the bond issuer when the bond is issued for the first time. Exchange-listed bonds are traded like stocks. For unlisted bonds, investors can trade them on the secondary market via SDG Securities (HK). SDG Securities (HK) provides clients with a broad range of bond investment choices. Through SDG Securities (HK), clients can invest in bonds in various currencies or by different issuers according to their individual investment needs, so as to earn stable interest income and achieve financial goals.

Initial public offering (IPO) refers to the process through which a company issues shares that will be listed and traded on a stock exchange to the public for the first time with the aim of raising funds for corporate development. Generally, the shares are sold through brokers or market makers in accordance with the terms agreed in the prospectus or registration statement issued by the corresponding regulator. Once the IPO is completed, investors can start trading the shares on the stock market. Clients can subscribe for IPO shares through our telephone hotline, online platform or mobile application. SDG Securities (HK) provides IPO cash subscription and IPO subscription financing services to clients' specific investment needs.

SDG Securities (HK) provides HK stock margin trading that enables clients obtain margin loans from us using securities purchased or securities deposited in margin accounts as collateral to increase the investment amount with leverage. Assume you buy a stock at $100 per share, and then it climbs to $150 per share. If you have bought the stock with cash, the return on investment is 50%. On the other hand, if you buy the stock on 50% margin, i.e. paying $50 in cash and borrowing $50 from the brokerage, you can have a 100% gain on the amount invested. Yet, while margin trading may provide higher returns, the potential losses could also be magnified.

SDG Securities (HK) is specialized in stock and bond underwriting and placing. SDG Securities (HK) can act as underwriter or placing agent for companies in their fundraising through securities issuances. SDG Securities (HK) has all it takes for successful sale or placement of offered securities with our gold standard reputation and vast industry network. On the bond issuance front, SDG Securities (HK) has the capacity and experience to underwrite and sell bonds to institutional and individual investors, helping issuers raise funds cost-effectively.