Finam has opened direct access to China's stock exchanges

Finam's clients with qualified investor status can now directly trade on the Shanghai (SSE) and Shenzhen (SZSE) exchanges, the largest trading platforms in mainland China, as well as on the Hong Kong Stock Exchange (HKEX). More than 370 instruments are available to investors, including shares of leading Chinese companies and securities of funds.

Finam is actually the only Russian broker providing access to trading on on foreign sites.s. The infrastructure of access to trading on the exchanges of China and Hong Kong allows Russian investors to make transactions with promising foreign assets with settlements in yuan (CNY) and Hong Kong dollars (HKD).

Calculations for SSE and SZSE are carried out in the "T+1" mode, HKEX — in the "T+2" mode. Short positions in Chinese stocks are limited, due to the peculiarities of trading on Chinese platforms.

Transactions with securities are carried out through the Segregated Global account, purchase and sale are available in FinamTrade and other trading systems. Trading on the Shanghai Stock Exchange and the Shenzhen Stock Exchange is available from 04:30 to 09:57 Moscow time (01:30 – 06:57 UTC), with a break from 06:30 to 08:00 Moscow Time (03:30 - 05:00 UTC). Trading on the Hong Kong Stock Exchange is available from 08:00 to 11:00 Moscow time (05:00 – 08:00 UTC), with a break from 07:00 to 08:00 Moscow Time (04:00 – 05:00 UTC).

"For the first time, Russian investors will have the opportunity to directly make transactions on the exchanges of mainland China, using the powerful potential of the Chinese market to diversify their portfolio and increase capital. As part of providing access to the Chinese stock exchanges and resuming access to trading on the Hong Kong stock Exchange, we have carried out extensive work. Our plans include expanding the geography of trading. We expect that we will be able to announce access to other markets this year," says Dmitry Lesnov, Deputy General Director for Brokerage Business at Finam.

Among the promising ideas in the Chinese market, Finam analysts single out oil companies that focus on refining and retailing fuel inside China, which makes them resistant to the deterioration of the global oil market. China Petroleum & Chemical Corporation (Sinopec) is one of the leaders in terms of refining and retail sales of oil in the country. Sinopec processes significantly more oil than it produces, which protects the company from the negative dynamics of global oil prices.

Start trading on the exchanges of China and Hong Kong