Investor identification regime for the securities market in Hong Kong (HKIDR) is implemented at trading level for the securities listed or traded on the trading system used by The Stock Exchange of Hong Kong Limited on March 20, 2023.(“SEHK”).
Under the HKIDR, Everbright Securities International* is required to:-

• collect Client Identification Data (“CID”) from clients;
• assign to each of the clients a unique Broker-to-Client Assigned Number (“BCAN”);
• submit client’s CID along with the BCAN to the SEHK and/or SFC; and
• make sure client(s) has/have provided express consent in order to continue to enjoy relevant Hong Kong Securities Trading services offered by Everbright Securities International.


*Our securities trading services are provided by Everbright Securities Investment Services (HK) Limited (“EBSISHK”), Everbright Securities Digital Finance (HK) Limited (“EBSDFHK”) and China Everbright Securities (HK) Limited (“CESHK”). Both EBSISHK and EBSDFHK are wholly-owned subsidiaries of China Everbright Securities International Company Limited (“CEBSI”). CESHK is a wholly-owned subsidiary of Everbright Securities International (HK) Limited, an associated company of CEBSI. All these companies are collectively referred to as “Everbright Securities International” or “EBSI”.

Last Update: 2023-06-26

Under the HKIDR, EBSI* has to assign each of the clients a BCAN for his/her account with EBSI. EBSI will only process relevant BCAN registration after receiving the consent from the client.

*Our securities trading services are provided by Everbright Securities Investment Services (HK) Limited (“EBSISHK”), Everbright Securities Digital Finance (HK) Limited (“EBSDFHK”) and China Everbright Securities (HK) Limited (“CESHK”). Both EBSISHK and EBSDFHK are wholly-owned subsidiaries of China Everbright Securities International Company Limited (“CEBSI”). CESHK is a wholly-owned subsidiary of Everbright Securities International (HK) Limited, an associated company of CEBSI. All these companies are collectively referred to as “Everbright Securities International” or “EBSI”.

Last Update: 2022-06-08

CID refers to the following information in relation to a client to whom a BCAN is assigned:
For an individual client, his or her:

• full name as shown on his or her identity document;
• identity document’s issuing country or jurisdiction;
• identity document type (order of priority: (1) HKID card; (2) national identification document; (3) passport); and
• identity document number on the identity document.

For a corporate client, its:
• full name as shown on its identity document;
• identity document’s issuing country or jurisdiction;
• identity document type (order of priority: (1) LEI registration document; (2) certificate of incorporation; (3) business registration certificate; (4) other equivalent documents); and
• identity document number on its identity document.

For a client that is a trust:
• the CID of the trustee, which should be the same as that of a corporate or individual client as set out above;
• however, in the case of a trust which is an investment fund (i.e. collective investment schemes), the CID of the asset management company or the individual fund, as appropriate, which has opened a trading account with the Relevant Regulated Intermediary.

For clients of a joint account:
• the CID for all clients (in line with the above requirements, depending on the nature of the client) named for a joint account should be provided under the same BCAN assigned to that account.

Last Update: 2022-06-08

The SFC has announced the implementation of the OTCR in the first half of 2023.
OTCR relevant transactions refer to, among other things:

• transfers of shares made in connection with an OTC securities transaction (i.e. a transaction not recorded by SEHK) in respect of which stamp duty is chargeable in Hong Kong, except where the transaction is granted stamp duty relief (whether in full or in part) from the Inland Revenue Department; or
• deposits and withdrawals of physical share certificates.

Under the OTCR, EBSI has to: (1) report the CID of clients, including the transferee and/or transferor of shares, to the SFC when EBSI, whether as principal or agent, makes the relevant transfer; or (2) report the CID of clients to the SFC when EBSI, whether as principal or agent, deposits or withdraws physical share certificates.

Last Update: 2022-06-08

As announced by the SFC, HKIDR has been launched since March 20, 2023.

Last Update: 2023-06-26

As announced by the SFC, OTCR will be launched on 25 September 2023.

Last Update: 2023-02-02

If you have successfully submitted online form before 4pm on the trading day, you could buy HK Stock on the next trading day.

Last Update: 2023-03-20