How is clearing and settlement being processed in Hong Kong stocks?
The settlement of fund or stock is T+2. T refer to the date of transaction, for all the paired or declared trading made by securities dealers of Hong Kong Exchange through AMS pairing system, funds will be settled on the second trading day after T day. For example, buy or sell stock on Monday, settlement will be on Wednesday. For withdraws, client can withdraw fund on the second day after selling stocks.