CNFinance Holdings Account Type

CNFinance Holdings offers different types of brokerage accounts to cater to various investor needs. The primary account types include:

• Cash Account: This account requires you to pay the full amount for securities purchased. You cannot borrow funds to pay for transactions within this account.

• Margin Account: This account allows you to borrow funds from the brokerage to purchase securities. The brokerage uses the securities in your margin account as collateral for the money it lends to you, enabling greater purchasing power but also exposing you to larger potential losses.

• Securities Margin Account: For this account type, a minimum transfer of HKD 100,000 or equivalent is required to open.

CNFinance Holdings Broker Account Opening Process

Opening a brokerage account with CNFinance Holdings involves several steps:

1. Face-to-Face Account Opening

• Documents Required:

• Hong Kong residents:

• Hong Kong Permanent Identity Card + Address Proof (issued within 3 months) + Bank Account Proof.

• Hong Kong Identity Card + Certificate of Identity + Address Proof + Bank Account Proof.

• Non-Hong Kong residents: Local ID/Passport + Address Proof + Bank Account Proof.

• Location: Visit CNFinance's office in Hong Kong:

• Address: 9/F, Hua Qin International Building, 340 Queen's Road Central, Sheung Wan, Hong Kong.

2. Non Face-to-Face Account Opening (Third-Party Witness)

• Documents Required:

• Copies of identity documents and proof of address.

• Completed account opening form with a signature from a third-party witness (e.g., JP, bank branch manager).

• Process:

• Certify documents with a third-party witness.

• Mail the original signed and certified documents to CNFinance's Hong Kong office.

3. Online Transfer Account Opening (Only for Hong Kong Bank Account Holders)

• Minimum Transfer: Not less than HKD 30,000 or USD 3,000.

• Steps:

• Prepare documents: Local ID/Passport + Address Proof + Bank Account Proof.

• Download and fill out the online account opening application.

• Transfer the required funds from your bank account.

• Complete a phone interview lasting 10-15 minutes.

Additional Notes

• To open a securities margin account, a minimum transfer of HKD 100,000 is required.
• The entire account opening process is expected to take 1-2 weeks for review.

For more details, you can visit CNFinance Holdings' official website: CNFinance Account Opening