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How to trade Hong Kong stocks with insufficient holdings?
The minimum trading unit for buying and selling stocks in Hong Kong is one lot, and the holding amount less than one lot is called "broken stock". Generally, when companies offer bonus shares or rights issues, there will be broken shares. Investors can sell fragmented stocks in the market, but the acquisition price will be slightly lower than the market price. The trading of fragmented stocks requires manual processing. To ensure that clients' trades can be processed as soon as possible, requests for fragmented stock trading should be sent 15 minutes before the market closes (morning market: 9:30-11:45, afternoon market: 13:00-15:45).