❗ Important Policy Update: Since 2025, Hong Kong brokers including Futu, Tiger, and Longbridge have fully implemented new regulations — Mainland residents must provide proof of overseas work or residence to open an account. This article has been updated to reflect the latest regulatory requirements, detailing account opening procedures for users meeting the following criteria:

• ✅ Hold a valid overseas work visa/residence permit
• ✅ Can provide proof of overseas residential address
• ✅ Possess overseas salary records or tax statements

I. What About Longbridge Securities? Deep Dive into a Hong Kong-Compliant Broker

Platform Background & Compliance

• Global Compliance Licenses: Founded in 2019, holds 22 financial licenses including Hong Kong (SFC License BPX066), US, and Singapore, covering securities, futures, asset management, and other businesses.
• Fund Security Safeguards: User assets are regulated by the Hong Kong SFC, segregated and custodied with licensed banks like HSBC and Standard Chartered, with regular audits ensuring transparency.
• Investment Backing: Received over $150 million in strategic investment from Hillhouse Capital, Sequoia Capital, etc., leading the industry in technical strength and risk control capabilities.

Core Advantages

• Zero-Commission Trading: Lifetime commission-free trading for Hong Kong and US stocks, no platform fees or account management fees, reducing long-term investment costs.
• High-Yield Benefits: Zero-fee cash IPO subscriptions, 4.2% USD money market fund, combined transfer-in rewards.
• Technical Experience: Self-developed APP supports real-time quotes, fractional share trading, smart orders, and seamless switching between Chinese and English interfaces.

II. Detailed Longbridge Securities Account Opening Process (2025 Policy Version)

Essential Materials Required Before Opening

• Proof of Identity: Valid passport/HK-Macau Exit-Entry Permit
• Proof of Overseas Residence (Choose One):
  • Financial: Overseas bank e-statements, credit card bills, payslips (showing payment records from overseas companies)
  • Residential: Utility bills (water/electricity/gas), overseas rental contract, property deed
  • Official Documents: Tax statements, HK/Macau driver's license, employment contract, proof of employment letter
• Hong Kong Bank Card: Bank of China/HSBC/Hang Seng, etc. (for fund deposits and withdrawals)
• New Policy Focus Document Requirements:
  • Proof documents must be issued within the last 3 months
  • Must clearly display Name in Chinese & English + Overseas Address
  • Border crossing receipts/handwritten address proof not accepted

What is Overseas Proof? Welcome to read Changes to Hong Kong Broker Account Opening | Overseas Life/Work Proof Requirements Mainland Users Need to Know

Method 1: In-Person Verification for Overseas Users (Suitable for HK/Overseas Residents)

1. Book Appointment

• Select "Offline Account Opening" via special link (or contact Hawk Insight Official Customer Service Ricky Cheung) to book an appointment at a Longbridge Hong Kong branch (Central/Tsim Sha Tsui).

2. Prepare Materials

• Required Documents: Passport/Exit-Entry Permit, Overseas Address Proof, Hong Kong Bank Card

3. Identity Verification

• Sign account opening documents on-site; staff verify authenticity of overseas proof.
• Bind bank card and deposit ≥ HKD 10,000 to activate the account.

Method 2: Online Capital Verification Account Opening (Fastest 1-2 Days) Step-by-Step Guide

1. Register via Special Link

• • Open account via benefit link: Click Here to Redirect, enter invitation code 5B2QX5, ensure monthly rewards eligibility is activated.

2. Submit ID information, upload overseas work/residence proof documents on the "Supplementary Materials" page.

• • Go to App "Assets" → "Open Account Now", upload front/back of ID document, fill in basic personal info (name, contact, residential address).

3. Fill in Occupation & Investment Information

• • Select occupation type (employed/student/retired), fill in annual income range, investment experience, etc. (for compliance review). Email for receiving statements and important notifications. Click "Confirm" if correct.

4. Fill in Asset Investment Information & Confirm Compliance Information.

5. Read Risk Disclosure Statement. Next: Confirm Information. Carefully check all information is accurate, then click "Confirm" and "Next".

6. Identity Verification, Bind Personal Hong Kong Bank Card. Click "Next, Transfer to Longbridge Account". After completion, click "Transfer Completed, Notify Longbridge". Submit transfer proof, click "Next, Signature".

• • Transfer no less than HKD 10,000 or USD 1,500 to Longbridge HK receiving account;
  • Overseas address must exactly match proof documents;

7. Sign and Complete Account Opening

• • Please wait patiently after submitting the application. Review is expected to be completed within 1-2 working days. Check status via App "Assets" page, or via App notification/email (submitted during account opening).

Method 3: Mail-In Cheque Account Opening (Suitable for users without HK bank card)

1. Follow steps above to fill in information until the "Identity Verification" page. Select "Choose Other Opening Method" → "Mail Cheque".

2. Print account opening documents. After signing, choose courier pickup or mail the documents to Longbridge yourself. After mailing, click "Confirm Sent" → "Already Sent".

3. Sign. Handwrite signature in the blank space. Click "Complete" to submit the application.

4. Wait for review. Please wait patiently after submission. Review expected within 1-2 working days after Longbridge receives the cheque. Check status via App "Assets" page, or via App notification/email.

Method 4: Third-Party Witness Account Opening (Suitable for Overseas Users)

1. Follow steps above to fill in information until the "Identity Verification" page. Select "Choose Other Opening Method" → "Third-Party Witness". Download and sign account opening documents.

2. "Account Opening Materials Preparation": Print and sign the account opening documents, then arrange to mail them along with the third-party witness signed documents.

3. Confirm sent. Click "Already Sent". Please wait patiently after submission. After Longbridge receives and verifies your documents, review is expected within 1-2 working days. Check status via App "Assets" page, or via App notification/email.

2025 Account Opening Pitfall Avoidance Guide

• Proof Validity: Utility bills/bank statements must be issued within the last 3 months.
• Information Consistency: Name on ID must exactly match overseas proof and bank card.
• Alternative Solution: HK/Macau driver's license or local tax statement can serve as valid proof of residence.

III. Complete Guide to Longbridge Securities Deposits: 6 Methods + Instructions

Pre-Deposit Must-Read

• Account Requirement: Only supports Hong Kong or FATF member country bank cards. Mainland cards and Wise cards not usable.

• Minimum Threshold: First deposit ≥ HKD 10,000 or USD 1,500 (to activate account).

Comparison of 6 Deposit Methods (HK Bank Card Users)

Step-by-Step: Using FPS Faster Payment as an Example

1. Bind Bank Card

• • Go to App "Assets" → "Deposit Funds", select "HKD" → "FPS", input HK bank card information.

2. Initiate Transfer

• • Log in to mobile banking, select "FPS" transfer, input Longbridge receiving account (account number visible in App), include note "Securities Account No. + Name".

3. Upload Proof

• • Return to Longbridge App, upload screenshot of successful transfer (showing amount, time, recipient info).

4. Wait for Processing

• • After system review, funds arrive within 2 hours. View progress in "Deposit History".

IV. 2025 Hong Kong Stock Account Opening FAQs

Q1: Can Mainland users still open accounts now?

• Only users holding overseas work visas/residence permits can open accounts. Official documents required (e.g., HK/Macau work visa, overseas tax statement, etc.).

Q2: What documents are specifically required for overseas proof?

• Residential Preferred: HK/Overseas issued driver's license, recent utility bills (must include name & address).
• Work Preferred: Employment contract + overseas salary record.

Q3: Can overseas address proof be in Chinese?

• Must be in English or bilingual Chinese/English documents. Pure Chinese documents require certified translations.

Q4: Can I use a Mainland card for deposits?

• • Not supported! Using a Mainland card will result in funds being returned and deductions for handling fees.

Q5: What is the 'Common Reporting Standard' ('CRS')?

• • The Common Reporting Standard (CRS), also known as the Automatic Exchange of Financial Account Information (AEOI), is an information reporting and exchange standard developed by the Organisation for Economic Co-operation and Development (OECD) to combat tax evasion and maintain effective tax systems. Financial institutions in all participating countries/regions must comply with CRS requirements to collect information, report annually, and exchange information with other CRS participating countries/regions. Hong Kong is a participating jurisdiction in CRS.

Q6: Must all brokers participate in CRS?

• • All financial institutions in Hong Kong (including banks, insurance companies, asset management companies, and brokers), including Longbridge Securities (HK), must comply with CRS/AEOI laws and regulations.

Q7: Why does CRS concern me?

• • Under CRS, Hong Kong tax authorities require financial institutions (like Longbridge Securities (HK)) to collect and report information related to their clients' tax status.

  • If you open an account or invest in new financial products with Longbridge Securities (HK), you need to fill out and sign a self-certification form.

  • If you are already a client of Longbridge Securities (HK) and your tax status or personal information changes, you must notify us promptly to update your tax information.

Q8: What is the definition of 'Tax Residence'?

• • A Tax Residence is the jurisdiction where, under the amended ordinance, an individual or company is regarded as a tax resident. Generally, to determine whether a person is a tax resident of a particular tax jurisdiction, it depends on where the person is located or stays (e.g., for more than 183 days in a tax year), or, in the case of a company, the place of incorporation or the place where central management and control are located. Being subject to taxation in a jurisdiction does not automatically mean the individual or company is a tax resident of that jurisdiction. If you have any doubts about your tax residency, please seek professional tax or legal advice. Longbridge Securities and its employees cannot provide tax advice.

Q9: What tax information do I need to provide to Longbridge Securities (HK)?

• • According to CRS requirements, we need the following information from you:

  • Name

  • Address

  • Place of Birth (Individual) / Country of Registration/Incorporation (Corporate)

  • Date of Birth

  • Country of Tax Residence

  • Tax Identification Number (TIN) or reason for not having one

  • Information on Controlling Persons for specific corporate accounts (if applicable)

Q10: I have an account with Longbridge Securities (HK). What specific information will be reported?

• • The information provided in the self-certification form, as well as details of your Longbridge HK account, including but not limited to:

  • Year-end account balance or total value;

  • Total credits paid into your account during the year (including dividends, interest, sales proceeds, etc., but not including trading gains).

V. Longbridge Securities User Review: 3 Top Questions

1. How secure is it?

• • Licensed Regulation: Strictly regulated by Hong Kong SFC. Funds held in segregated custody. Regular audit reports disclosed.

  • Privacy Protection: CRS/FATCA tax information transmitted encrypted, reported only to compliant institutions.

2. Who is it suitable for?

• • HK/US Stock Traders: Zero commissions + real-time quotes, suitable for frequent trading.

  • IPO Applicants: Zero-fee cash subscriptions, high allotment success rate.

  • Asset Allocators: 4.2% money market fund + transfer-in rewards for stable growth.

Conclusion | 2025 Hong Kong Stock Account Opening Key Points

⏱️ Valid Proof: Materials like utility bills/bank statements must be issued within the last 3 months.

🏠 Address Consistency: Account opening information must exactly match overseas proof documents.

🆔 Alternative Solutions: Apply for a HK/Macau driver's license or overseas tax statement if lacking other proofs.

Submit your application immediately via the [New Policy Exclusive Opening Channel]