华林证券

Chinalin Securities
WikiStock Rating	⭐⭐⭐⭐
Account Minimum	RMB 500
Fees	Up to 3% commission
Account Fees	Account opening fees: A-share accounts: 20 RMB for individuals, 200 RMB for institutions/products (Shanghai and Shenzhen); B-share accounts: 19 USD for individuals, 85 USD for institutions/products (Shanghai), 120 HKD for individuals, 580 HKD for institutions/products (Shenzhen); Closed-end fund accounts: 5 RMB each;Credit accounts: 40 RMB for individuals, 400 RMB for institutions/products (both markets)
Interests on uninvested cash	Yes
Funding Rate	Financing rate of 8.6% and a securities lending rate of 10.6%
Mutual Funds Offered	Yes
App/Platform	User-friendly trading app (iOS, Android, iPad), Windows PC platform
Promotions	Occasional promotions available

What is Chinalin Securities？

　　Chinalin Securities is a Chinese brokerage firm that offers a variety of investment products and services to individual and institutional investors. The firm is known for its low fees, user-friendly trading app, and strong customer service. However, Chinalin Securities does not offer margin trading or options trading. However, investors who are looking for a wider range of international investment products may want to consider a different brokerage firm.

Pros and Cons of Chinalin Securities

　　Pros

• 　　Low fees: Chinalin Securities offers some of the lowest commissions in the Chinese brokerage industry, making it a good choice for cost-conscious investors.

• 　　User-friendly app: Chinalin Securities' trading app is one of the most popular in China and is known for its ease of use. This can be especially beneficial for new investors or those who prefer a simple and intuitive trading platform.

• 　　Strong customer service: Chinalin Securities offers a variety of customer support options, including a hotline, email, and in-person support. This ensures that you can get help with any questions or problems you may have.

• 　　Account security measures: Chinalin Securities takes a multi-layered approach to account security, including strong passwords, two-factor authentication, and account activity monitoring. They also encrypt your data to protect it from unauthorized access.

　　Cons

• 　　Limited international products: Chinalin Securities does not offer a wide range of international investment products. This can be a drawback for investors who are looking to diversify their portfolio beyond Chinese assets.

• 　　No options trading (for some accounts): Not all Chinalin Securities accounts allow options trading. This can be a limitation for more experienced investors who want to use options strategies.

Is Chinalin Securities Market safe？

　　Regulations

　　While Chinalin Securities doesn't provide its own license number, information from the China Securities Regulatory Commission (CSRC) indicates it is a regulated firm. The CSRC oversees China's securities market and ensures legal operation within the capital market. Chinalin's regulatory scope covers a variety of investment products including ETFs, mutual funds, stocks, bonds, options, and margin loans.

　　Funds Safety

　　Chinalin Securities provides insurance protection for its customers' account funds. The insurance is provided by the China Securities Insurance Fund Corporation (CSIFC), a non-profit organization established by the China Securities Regulatory Commission (CSRC). The insurance coverage is for up to RMB 500,000 per customer per institution.

　　Safety Measures

　　Chinalin Securities takes your account security seriously. They use a multi-layered approach that includes strong passwords, two-factor authentication to verify your identity, and monitoring your account activity for suspicious behavior. Additionally, they encrypt your data at all times to prevent unauthorized access.

What are securities to trade with Chinalin Securities

　　Chinalin Securities offers a range of financial services including fund management, wealth management with low-risk investments, and comprehensive investment information products. They facilitate margin trading, allowing clients to borrow funds or securities for trading purposes, and engage in agreed repurchase transactions where investors sell and later repurchase securities at predetermined prices.

　　Additionally, they provide stock pledge repurchase transactions, where clients pledge securities to borrow funds. Chinalin also offers stock options, granting rights to buy or sell specific stocks or ETFs at set prices and times, and private equity products tailored for select high-net-worth investors.

　　In addition to these securities, Chinalin Securities also offers margin financing, securities lending, and other investment services.

Chinalin Securities Fees Review

　　Chinalin Securities charges fees for account openings as follows: A-share accounts cost 20 RMB for individuals and 200 RMB for institutions/products in Shanghai and Shenzhen; B-share accounts are 19 USD for individuals and 85 USD for institutions/products in Shanghai, and 120 HKD for individuals and 580 HKD for institutions/products in Shenzhen. Closed-end fund accounts cost 5 RMB each, and credit accounts are 40 RMB for individuals and 400 RMB for institutions/products in both markets.

　　Transaction commissions, not exceeding 3% with a 5 RMB minimum per transaction, apply to A-shares, ETFs, convertible bonds, and B-shares, covering both auction and negotiated trades. Additional fees such as transfer, handling, and supervision fees are included in the commission for Shenzhen but not for Shanghai markets, with stamp duty and certain transfer fees excluded.

　　For detailed information, please refer to their official fee schedule.

Chinalin Securities App Review

　　Chinalin Securities offers a variety of trading platforms to meet the needs of different investors. The company's flagship trading platform is the Huilin Online Trading Financial Terminal v7.32, which is available for Windows PCs. This platform supports a wide range of trading products, including stocks, funds, margin financing, wealth management, and options.

　　Chinalin Securities also offers mobile trading apps for iOS and Android devices, as well as a dedicated iPad app. The company's trading platforms are designed to be user-friendly and provide investors with access to a variety of market data and research tools.

Research and Eduation

　　Chinalin Securities provides a comprehensive suite of educational resources including securities knowledge, risk disclosure, and process guides to help investors navigate the complexities of trading. They offer specialized areas for Hong Kong Stock Connect, IPOs, asset-backed securities (ABS), and convertible bonds.

　　Additionally, Chinalin organizes garden activities, publishes public information, and offers mediation for securities disputes, alongside investor education and anti-fraud awareness campaigns.

Customer Service

　　Chinalin Securities offers customer support through multiple channels including a service hotline (400-188-3888) available on trading days from 9:00 to 20:00, and a customer service email (hlkf@chinalin.com). Their headquarters is located at China Resources Land Building, Shenzhen, with office hours from Monday to Friday, 8:30 to 11:30 and 13:00 to 17:00. Additional contact options include phone numbers for the front desk (0755-82707888) and board office (0755-82707766), a fax number (0755-82707882-1158), and an email for public relations (PR@chinalin.com).

Conclusion

　　Chinalin Securities is a Chinese brokerage firm that offers a variety of investment products and services to individual and institutional investors. The firm is known for its low fees, user-friendly trading app, and strong customer service. However, Chinalin Securities does not offer margin trading or options trading and has limited international product offerings.

　　Overall, Chinalin Securities is a good choice for Chinese investors who are looking for a low-cost, user-friendly brokerage firm with a strong research team. However, investors who are looking for a wider range of international investment products or options trading want to consider a different brokerage firm.

FAQs

　　Is Chinalin Securities a safe and reliable brokerage firm？

　　Chinalin Securities is regulated by the China Securities Regulatory Commission (CSRC) and offers insurance protection for customer account funds.

　　Who is Chinalin Securities a good fit for？

　　Chinalin Securities is a good choice for cost-conscious investors who are primarily interested in Chinese investment products.

　　Does Chinalin Securities provide educational resources for investors？

　　Yes, Chinalin Securities offers a comprehensive educational section on their website. This includes information on investment basics, risk disclosure, and specific products like options and convertible bonds.

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.