A stock appraiser can help you when trading the Hong Kong stock market, particularly stocks. First, some valuable information about this market.
The main representative body of the Hong Kong stock market is the Hong Kong Stock Exchange, located in the city of Victoria, Hong Kong. This organization ranks second after the Tokyo Stock Exchange within Asia, in terms of market capitalization. It is also the fifth largest exchange in the world. Its holding company is Hong Kong Exchanges and Clearing.
Companies and trades within the Hong Kong Stock Exchange
This exchange has more than 1,400 companies operating within it, with an overall market capitalization of HK$16.985 trillion. Many of the company’s shares traded here command low prices of HK$4 or less per share, while penny shares are priced at HK$0.50 or less.
Each of the stocks traded within the HKSE is given its own board lot size, and most purchases will be made in multiples of this amount. Purchases that are made in other amounts are executed elsewhere, in the “spike market.”
The main market index is the Hang Seng Index. It is a free float-adjusted index weighted by market capitalization. It is used to monitor and record daily changes within the largest HKSE companies, 48 in total, accounting for nearly sixty percent of the market capitalization within the market.
History
Although informal stock exchanges have been known to exist in Hong Kong since 1861, the first formal stock exchange was started there in the late 19th century. The Hong Kong Stock Exchange has remained the main exchange over the years, having monopolized the market between 1947 and 1969.
The computer assisted trading system was launched on the exchange on April 2, 1986, while the AMS (Automatic Order Matching and Execution System) was launched in 1993 and later replaced in October 2000 with the generation system (AMS/3).
How to trade the Hong Kong stock market
If you are considering investing in this market, you will want to know how best to go about it. What is the best way to trade profitably in any market? First, you need the right knowledge, and second, you need the right tools.
Let’s look at an essential tool. As stated above, a stock evaluation tool will help you when trading stocks. The Stock Screener is a highly advanced piece of software that allows an investor to clearly analyze and segregate the stocks he wishes to trade based on the exact criteria he specifies.
So, for example, if you as an investor need to decide which stocks will be financially profitable and also worth your time and effort, you can use a stock picker tool to select specific stocks based on certain characteristics you want them to have.
These factors can be anything from the stock price to the price-earnings ratio, and using them will give you more confidence in the trades you are making.