Individual Investor Accounts

	Individual investors must be aged 18 or above and hold a Hong Kong Identity Card or a Macau Resident Identity Card
	They must maintain a correspondence address in Hong Kong for receiving communications and statements from HKSCC; or a correspondence address in Macau (for Macau residents with no correspondence address in Hong Kong)
	They must maintain and provide to HKSCC a residential address in Hong Kong or in Macau (for Macau residents) for the purposes of any process or notice that is required to be served by HKSCC

They must also maintain a Hong Kong dollar account opened in the applicant's own name with a Designated Bank in Hong Kong selected from the "List of Designated Banks for CCASS Investor Participants" issued by HKSCC to effect CCASS money settlement. The Designated Bank accepts electronic instructions from HKSCC to credit or debit the Investor Participant's bank account in order to provide CCASS money settlement services, including payments to HKSCC

Joint Individual Investor Accounts

	Joint individual investors must be aged 18 or above and hold a Hong Kong Identity Card
	Joint Individual Investor Accounts are limited to a maximum of four investors per joint account
	The joint investors must maintain a correspondence address in Hong Kong for receiving communications and statements from HKSCC
	They must maintain and provide to HKSCC a residential address in Hong Kong for the purposes of any process or notice that is required to be served by HKSCC

They must also maintain a Hong Kong dollar account opened in the joint names of all the individuals comprising the applicant with a Designated Bank in Hong Kong selected from the "List of Designated Banks for CCASS Investor Participants" issued by HKSCC to effect CCASS money settlement. The Designated Bank accepts electronic instructions from HKSCC to credit or debit the Investor Participant's bank account in order to provide CCASS money settlement services, including payments to HKSCC

Corporate Investor Accounts

	Corporate Investor Accounts can be opened by a corporation incorporated in Hong Kong under the Hong Kong Companies Ordinance or a legal entity established under any other ordinance of Hong Kong, or a corporation incorporated in the British Virgin Islands (BVI) under the BVI Business Companies Act (BVI Act), or a corporation incorporated in Macau under the Commercial Code of Macau
	Corporate Investors must maintain a correspondence address in Hong Kong for receiving communications and statements from HKSCC
	They must maintain and provide to HKSCC, for the purposes of any process or notice that is required to be served by HKSCC,       -   its registered office if incorporated in or otherwise established under the laws of Hong Kong; or       -    if incorporated or otherwise established outside Hong Kong, its registered office (or its equivalent) or its            registered agent's name and address in its place of incorporation; and either            (a) its principal place of business in Hong Kong and name and address of its authorized representative                  resident in Hong Kong if registered as a Non-Hong Kong company under Part XI of the Companies                   Ordinance; or            (b)  the name and address of an agent or other person in Hong Kong authorized to accept service of                  process or notices on its behalf if not so registered

They must also maintain a Hong Kong dollar account opened in the applicant's own name with a Designated Bank in Hong Kong selected from the "List of Designated Banks for CCASS Investor Participants" issued by HKSCC to effect CCASS money settlement. The Designated Bank accepts electronic instructions from HKSCC to credit or debit the Investor Participant's bank account in order to provide CCASS money settlement services, including payments to HKSCC

Margin Accounts

HKSCC will not identify whether an Investor Participant is a cash client or a margin client.  Investor Participant may pledge their shares as collateral for a loan or for margin financing. They may then transfer the shares in their CCASS Stock Accounts to the Stock Account of the Broker or Custodian which is a CCASS Participant who is providing the credit facility.