"Unified Threshold" for Hong Kong and US Stock Account Opening: How Does Panda Securities Stand Out?

The 2025 new regulations on Hong Kong stock account opening have caused a stir in the industry: almost all Hong Kong and US stock brokers, including Futu Securities, Tiger Brokers, Longbridge Securities, Valuable Capital, and Panda Securities, require new mainland users to provide "overseas work/living certificates" (such as overseas residency rights, employment contracts, residential bills, etc.) to open an account.

Under the new regulations, "compliant account opening" has become a prerequisite for entry, and investors' focus on selecting brokers has shifted to cost-effectiveness, trading experience, and capital efficiency — Panda Securities has gained differentiated competitiveness among homogeneous thresholds with full license protection from the Hong Kong Securities and Futures Commission, reduced IPO subscription fees, and AI intelligent trading systems.

I. In-depth Analysis of New Regulations on Hong Kong Stock Account Opening: Industry-wide "Synchronized" Tightening

1. Core Requirements of the New Regulations

• Scope of application: New mainland users opening accounts with all brokers;
• Types of certificates:
  • Overseas work certificates: Employment contracts signed by overseas employers, work visas (e.g., US H1B, European work permits), salary statements;
  • Overseas living certificates: Overseas rental contracts, utility bills (water, electricity, gas), residence permits (e.g., green cards, permanent residency), immigration papers;
  • Supplementary materials: Some brokers accept "overseas bank account statements" or "study admission notices" as auxiliary proofs, but the core remains "long-term overseas residence/work relations".

2. Impact of the New Regulations: From "Relaxed Account Opening" to "Compliance Screening"

In the past, mainland users could attempt to open accounts with "non-genuine overseas identities". Now, regulation is forcing the entire industry to return to compliance — only users with legitimate overseas certificates can participate in Hong Kong and US stock trading, completely ending the era of "account opening without qualifications".

II. Is Panda Securities Safe? Double Endorsement of Regulation and Strength

Under the new regulations, compliance is the core safety guarantee for brokers. Panda Securities' "safety trump cards" are reflected in:

1. Full License Protection from the Hong Kong Securities and Futures Commission

Panda Securities is a licensed corporation approved by the Hong Kong Securities and Futures Commission (Central Entity Number: BNC380), holding Type 1 (Securities Trading), Type 2 (Futures Contract Trading), and Type 9 (Asset Management) licenses:

• Type 1 license: Allows securities trading such as stocks and funds;
• Type 2 license: Supports derivatives trading such as futures and options;
• Type 9 license: Qualified for asset management (e.g., issuing fund products).

The three types of licenses cover full-category investments, with fund custody and trading processes strictly regulated by the Hong Kong Securities and Futures Commission to protect users' rights and interests.

2. Technology-driven Genes of the International Team

The team consists of senior financial managers from Wall Street, USA, technical experts from Singapore Exchange, and veterans of Hong Kong's asset management industry, with both "financial depth" and "technical strength":

• Its product FaFa (for individual investors) focuses on "low-threshold, intelligent trading";
• FaFa PRO (for professional clients) focuses on "low-latency, high-frequency trading" to meet different level needs.

III. "Differentiated Advantages" of Panda Securities Under the New Regulations

Even with the same account opening threshold as peers, Panda Securities' breakthroughs in cost, experience, and fund management remain its core competitiveness:

"Dimensionality Reduction Strike" on Hong Kong Stock IPO Subscription Fees (Latest Adjustment in July 2025)

Hong Kong stock IPO subscription is a popular strategy among mainland investors. Panda Securities directly reduces transaction costs through graded fees and reduced commissions:

QizAI Intelligent System: Redefining "Conversation is Transaction" (Officially Launched on June 25)

Under the new regulations, efficient trading experience is more valuable — Panda Securities' AI trading system QizAI realizes a revolution in "instruction-based trading":

• Multilingual service: Automatically translates Hong Kong and US stock market information, financial reports, and announcements, breaking the barrier of English interfaces;
• Intelligent dialog box: Input natural language instructions (e.g., "Buy two lots of Tencent Holdings with 500 HKD" or "Sell Alibaba at market price"), the system automatically generates orders, covering order placement, positions, and market query;
• Direct page access: Jump to target pages with one instruction (e.g., "Open IPO subscription list" or "Enter dark pool trading hall"), improving operation efficiency by over 50%.

Balance Connect: "Automatic Interest Generation + IPO Subscription Support" for Idle Funds

Hong Kong stock trading involves multi-currency settlement. Panda Securities' "Balance Connect" solves the problem of idle funds and connection with IPO subscription:

• Multi-currency support: Free switching between USD, HKD, and RMB without manual currency exchange;
• Automatic wealth management: Idle funds are automatically transferred to Balance Connect, with T+1/T+2 settlement (depending on currency), balancing liquidity and returns;
• IPO subscription linkage: Balance Connect quota can directly offset IPO subscription purchasing power, automatically redeemed during deduction without manual operation, avoiding the embarrassment of "insufficient funds for IPO subscription".

IV. Panda Securities Account Opening Guide: Process and Benefits Under the New Regulations

1. Account Opening Conditions (Consistent with the Industry)

Need to provide overseas work/living certificates (e.g., overseas employment contracts, residence permits, rental bills, etc.). The specific review standards are subject to the latest official announcement of the broker (or consult Hawk Insight assistant for real-time guidance).

2. Exclusive Account Opening Benefits ("Additional Value" Under the New Regulations)

• Trading commission discount: Open an account via Exclusive Link orAPP (Invitation Code: SPTXVKUE) to enjoyHong Kong stock trading commission of 0.025% (minimum 3 HKD) with 0 platform fee (more advantageous compared to peers' generally 0.03%~0.05%);
• July New User Activity: Active users with account assets ≥4,000 HKD on the 16th of each month will receive a free Hong Kong stock L1 market data card (30 days) (the data card can view real-time quotes and order book data to assist in accurate trading);
• Convenient fund deposit: Supports eDDA (arrival in minutes) and FPS (arrival in hours), solving the pain point of "3~5 days for traditional bank transfers" and improving capital turnover efficiency.

V. Comparative Summary: Why Choose Panda Securities Under the New Regulations?

Conclusion

Under the new regulations on Hong Kong stock account opening, "compliance" is the entry ticket. Panda Securities has built differentiated competitiveness among homogeneous thresholds with "full license from Hong Kong Securities and Futures Commission, advantages in IPO subscription fees, AI intelligent system, and automatic capital management". If you meet the overseas certificate requirements, you may open an account via Exclusive Link orAPP (Invitation Code: SPTXVKUE), and enjoy the July market data card benefits to start a more efficient and low-cost Hong Kong and US stock investment experience.