华兴证券

Huaxing Securities
WikiStock Rating	⭐ ⭐ ⭐⭐
Fees	Huaxing Securities charges commissions up to 2.9854% for A-shares, 3% for ETFs and bonds, and varying rates for repurchase agreements, excluding stamp duty and transfer fees.
Mutual Funds Offered	Yes
App/Platform	Huaxing Securities Duoduo Jin APP, Huaxing Securities Yingjia PC Terminal Professional Edition, Huaxing Securities Intelligent Trading System

What is HUAXING SECURITIES？

　　Huaxing Securities offers low fees and user-friendly trading apps, providing a comprehensive range of investment services. It stands out for its advanced trading platforms and robust customer support. However, the complexity of its services might be challenging for beginners.

Pros and Cons of HUAXING SECURITIES

　　Huaxing Securities offers a robust range of services and advanced trading platforms, supported by comprehensive regulatory oversight and robust security measures. However, some clients may find the fee structure and the complexity of services daunting, especially for beginners. The firm's strong research and educational resources are a significant advantage for informed investing.

　　Huaxing Securities is a well-regulated and secure brokerage offering a wide range of investment services and advanced trading platforms. Their comprehensive educational and research resources make them a strong choice for informed investors. However, their fee structure and service complexity may be challenging for some clients, and their focus on high-net-worth individuals might not suit all investor profiles.

Is HUAXING SECURITIES safe？

　　Regulation by CSRC

　　Huaxing Securities is regulated by the China Securities Regulatory Commission (CSRC), ensuring compliance with stringent regulatory standards and providing a secure investment environment for clients.

　　Funds Safety

　　Huaxing Securities implements robust measures to ensure the safety of client funds. These include segregated accounts to keep client funds separate from the company's operational funds. The company also participates in investor protection funds, providing insurance coverage for client accounts. Specific insurance amounts may vary, and clients are advised to contact customer support for detailed information.

　　Safety Measures

　　Huaxing Securities employs advanced encryption technologies to protect the security of stored funds. They also implement comprehensive account security measures, such as multi-factor authentication and regular security audits, to prevent unauthorized access and safeguard user information. These measures are designed to ensure the highest level of security for client accounts and data integrity.

Services of HUAXING SECURITIES

　　Huajing Securities offers a diverse range of services to meet various investment needs:

　　Securities Brokerage

　　Huajing Securities provides a platform for trading a wide array of securities, including stocks, bonds, ETFs, and derivatives. The brokerage service is designed to facilitate smooth and efficient transactions, supported by advanced trading tools and real-time market data.

　　Investment Banking

　　The company offers comprehensive investment banking services, including underwriting, mergers and acquisitions, and advisory services for corporate clients. These services are tailored to help businesses raise capital, navigate complex transactions, and achieve strategic growth.

　　Asset Management

　　Huajing Securities offers asset management services that cater to individual and institutional investors. These services include the management of portfolios composed of various asset classes, providing personalized investment strategies and financial solutions aimed at achieving specific financial goals.

　　Wealth Management

　　The wealth management division focuses on providing personalized financial planning and advisory services. This includes retirement planning, estate planning, and other wealth preservation strategies designed to meet the unique needs of high-net-worth individuals and families.

　　Research and Analysis

　　Huajing Securities offers robust research and analysis services, providing clients with valuable insights into market trends, economic forecasts, and investment opportunities. The research team covers a wide range of sectors and industries, delivering in-depth reports and strategic recommendations.

　　These services are designed to support a wide range of investment needs, from individual investors seeking to grow their personal wealth to corporate clients looking to expand their business operations.

HUAXING SECURITIES Fees Review

　　General Information

　　In response to the China Securities Regulatory Commission's announcement on reducing securities transaction handling fees, Huaxing Securities has adjusted its commission rates for both individual and institutional investors. This adjustment aims to lower the overall cost of trading for investors.

　　Adjusted Commission Rates

　　Stock Trading Commissions

　　For A-shares and depositary receipts, existing investors will see a reduction in their commission rate by 0.00146 percent from the original rate. For block trades of A-shares on the Shanghai and Shenzhen exchanges, the commission will be reduced by 0.001022 percent from the original rate. For new investors opening accounts from August 28, 2023, the new handling fee standards and reduced commission rates will apply to their stock transactions.

　　Specific Rates for Different Securities

　　For Shanghai and Shenzhen A-shares, depositary receipts, ETFs, LOF funds, and closed-end funds, the commission will not exceed 2.9854 percent of the transaction amount, with a minimum of five yuan. For Hong Kong Stock Connect and convertible bonds, the commission will not exceed 3 percent of the transaction amount, with a minimum of five yuan. For treasury bonds, enterprise bonds, and private bonds, the commission will not exceed 0.2 percent of the transaction amount, with a minimum of one yuan.

　　For treasury repurchase agreements, the commission rates vary by the duration of the repurchase. A one-day repurchase is charged at a maximum of 0.001 percent of the transaction amount. Two-day and three-day repurchases are charged at 0.002 percent and 0.003 percent respectively. Four-day repurchases are charged at 0.004 percent, and seven-day repurchases at 0.005 percent. For fourteen-day repurchases, the rate is 0.01 percent. Twenty-eight-day repurchases are charged at 0.02 percent, ninety-one-day repurchases at 0.03 percent, and one hundred eighty-two-day repurchases at 0.03 percent.

　　Additional Notes

　　The commission includes fees collected on behalf of the securities exchanges, such as handling fees and regulatory fees, but does not include stamp duty, transfer fees, and other secondary fees. The commission is calculated based on the transaction amount multiplied by the rate, with the total commission being the sum of all transactions under the same order number. The commission is directly deducted from the client's account. The standards for handling fees, regulatory fees, stamp duty, and the securities settlement risk fund are determined by regulatory authorities and can be found on the websites of the exchanges and the China Securities Depository and Clearing Corporation.

HUAXING SECURITIES App Review

　　Huaxing Securities Duoduo Jin APP

　　The Huaxing Securities Duoduo Jin APP is a comprehensive investment platform designed to cater to the diverse needs of investors. This application integrates several essential functions to facilitate efficient and user-friendly trading experiences. It offers real-time market quotes, ensuring that investors are always up to date with the latest market trends. The app provides timely and accurate financial news and insights, covering macroeconomic developments, market trends, and individual stock analyses. Through the app, users can open accounts and execute trades seamlessly. Additionally, the platform features educational resources aimed at enhancing investors' knowledge and skills. Account management capabilities are also integrated, allowing users to oversee their assets, conduct fund transfers between bank and brokerage accounts, and manage their portfolios efficiently.

　　Huaxing Securities Yingjia PC Terminal Professional Edition

　　The Huaxing Securities Yingjia PC Terminal Professional Edition is a specialized online trading software designed for desktop users. This software employs advanced internet communication technologies to deliver a robust and efficient trading experience. It provides real-time market data refresh capabilities, allowing investors to stay informed of the latest market developments. The software also offers a wealth of information, including market news, industry analyses, and company reports, ensuring that investors have access to comprehensive data to support their decision-making processes. Essential trading functionalities are included, such as stock trading, fund transfers between bank and brokerage accounts, and new stock subscriptions. The professional edition is tailored to offer a smooth and professional trading experience, ensuring stability and efficiency for its users.

　　Huaxing Securities Intelligent Trading System

　　The Huaxing Securities Intelligent Trading System is a sophisticated platform designed for professional investors who employ strategic trading methods. This system provides real-time market quotes and facilitates various securities transactions, ensuring that investors can operate efficiently and effectively. The platform also supports fund transfers between bank and brokerage accounts, catering to the financial management needs of its users. A key feature of this system is its support for strategic trading, providing tools and functionalities that enable investors to implement complex trading strategies. This system is designed to enhance the convenience and efficacy of professional trading activities.

　　Huaxing Securities MD5 Checksum Tool

　　The Huaxing Securities MD5 Checksum Tool is a security utility designed to verify the integrity of downloaded files. This tool ensures that the files downloaded from the Huaxing Securities website are complete and have not been tampered with. Users can download the MD5 checksum tool from the official website and use it to generate an MD5 checksum for the downloaded file. They can then compare this checksum with the one provided on the website. If the checksums match, the file is confirmed to be intact and safe for installation. If they do not match, the file may be incomplete or have been altered, and users are advised not to use it and to contact customer support for assistance.

　　These software tools offered by Huaxing Securities provide investors with a range of capabilities to support their trading activities, ensuring a secure, efficient, and comprehensive investment experience.

Research and Eduation

　　Huaxing Securities offers a comprehensive education and research platform designed to empower investors. Their Investor Education Center (https://www.huajingsec.com/cn/investorcorner/)includes detailed guides on various investment topics, insights into market mechanics, and strategic investment advice. The platform also features sections on anti-illegal securities activities and anti-money laundering, providing crucial information to help investors avoid fraudulent activities and stay compliant with regulations. This educational content ensures that investors are well-equipped to make informed and ethical investment decisions.

Customer Service

　　Huaxing Securities provides extensive customer support to ensure clients receive timely and effective assistance. They offer multiple contact options, including a dedicated phone line at 400-156-8888 and a fax line at 021-60156680. Customers can also reach out via email at ZGYY@huaxingsec.com for inquiries and support.

　　Their customer support team is based at their headquarters in Shanghai, located at 1089 Dongdaming Road, North Bund Raffles City - East Tower. This central location ensures they are well-positioned to assist with a wide range of client needs and provide comprehensive support services. The postal code for correspondence is 200080.

Conclusion

　　Huaxing Securities is a well-regulated brokerage firm known for its low fees and user-friendly trading platforms, including the Duoduo Jin APP and Yingjia PC Terminal. The company offers a wide range of investment services, including securities brokerage, investment banking, asset management, and wealth management. While it provides robust customer support and extensive educational resources, the complexity of its services may pose challenges for beginners. Overall, Huaxing Securities is a strong choice for informed investors seeking comprehensive financial services.

FAQs

　　Is Huaxing Securities safe to trade？

　　Yes, Huaxing Securities is regulated by the China Securities Regulatory Commission (CSRC), ensuring a secure trading environment with robust safety measures and fund protection.

　　Is Huaxing Securities a good platform for beginners？

　　Huaxing Securities offers user-friendly trading apps and extensive educational resources, but the complexity of its services might be challenging for beginners.

　　Is Huaxing Securities legit？

　　Yes, Huaxing Securities is a legitimate brokerage firm regulated by the CSRC, providing comprehensive investment services and maintaining high standards of security and compliance.

Risk Warning

　　The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.