This article will explain the operating procedures for HK/US stock conversion and address common questions regarding these transfers.

Step 1. Send your application to service@longbridge.hk using the provided template.

Step 2. Longbridge will reply to your email to confirm receipt of your application.

Step 3. Longbridge will deduct the transferred stocks and any applicable fees from your outgoing account.

Step 4. The converted stocks will then be reflected in your Longbridge account.

Email template example (Remember to update with your personal information, as well as the stock names and quantities you wish to transfer.)

Long Bridge HK Limited,

I intend to convert the shares in my securities account and acknowledge all charges and risks. Details of the shares to be converted are as follows.

Client Information

Longbridge Account No.: H12345678

Client Name in Chinese/English: Dawen Chen

Conversion Information

Conversion from/to: US to HK stock

Stock Code: BABA

Number of Converted Shares: 500

FAQs

Q1: What is the scope of stock conversion?

Conversion is applicable between the Hong Kong and US markets for the same stock.

Q2: What are the conversion fees?

From US stock to HK stock: USD 650/order + USD 0.5/share ＋ Other third-party fees (if any) on a reimbursement basis.

Note: To ensure your stock transfer is processed successfully, please make sure your account has enough funds to cover any applicable fees.

Q3: How long does it take to complete the conversion after submitting an email application?

Longbridge will apply for the conversion with the clearing broker as soon as possible after receiving the client’s email application; Longbridge will send the results to the client via email.

The conversion will be completed within 10-20 business days after the client successfully applies for the conversion. The processing time may vary depending on the clearing broker’s efficiency. Please wait patiently if the conversion to HK stock is still not completed after 20 business days.

Q4: What should I be aware of?

• Conversion cannot be changed or canceled once initiated. 
• Once the conversion is executed, the relevant shares and fees will be locked and deducted, and the shares cannot be sold/transferred/withdrawn during this period. The locking/deduction of shares may immediately affect the client’s total asset value, related margin value, risk control status, etc. The client is responsible for all associated risks including market volatility, asset liquidity, and financing risks.
• The conversion ratio varies by stock (e.g., 1 BABA US share = 8 HK shares). If you have any questions, please contact our customer service.
• For your conversion to be successfully processed, ensure sufficient funds are available in your account to cover all conversion fees.

      Disclosures

This article is for reference only. Please refer to the actual display for information confirmation. The guidance above serves only as an operational example. This article does not constitute any investment advice.