Shenwan Hongyuan Account Type

Shenwan Hongyuan offers various types of accounts for both individual and corporate clients. The available account types include:

• Stock Cash Account: Clients can use the cash in this account to trade Hong Kong stocks, B shares, and overseas stocks.
• Stock Margin Account: This account allows clients to trade Hong Kong stocks, B shares, and stocks in overseas markets using cash in the account as well as collateral financing (margin).
• Futures Trading Account: Designed for clients interested in trading futures contracts, this account type requires specific documentation and adherence to trading regulations.

Shenwan Hongyuan Broker Account Opening Process

The account opening process at Shenwan Hongyuan involves several steps and documentation requirements:

• Documentation for Individual Clients:
• Original and copy of ID card or valid passport.
• Proof of address (e.g., utility bills or bank statements within the last three months).
• Documentation for Corporate Clients:
• Certified copies of identity documents or valid passports of all directors, shareholders, guarantors, and authorized persons (if applicable).
• Certified copies of business registration certificates (required for offshore companies registered to do business in Hong Kong).
• Certified copies of certificates of incorporation and memorandum and articles of association.
• Current list of directors and shareholders.
• Latest annual return certified copy of the address and telephone number of the authorized person.
• Account Opening Steps:
• Complete the application form and submit the required documentation.
• Once the documents are verified, clients will be notified about the account setup.
• Clients can then fund their accounts and start trading.

For more information about the account opening process and specific requirements, please visit the official Shenwan Hongyuan website.