Open Chief Group Securities Account, Supports Mainland China Identification

I mainly use Futu and IB currently, but for safety reasons, I’m opening a Chief Group Securities account here. Chief Group currently supports direct account opening with domestic Mainland China identification, which is quite convenient.

Note: Chief Group supports Hong Kong stock IPO subscription

Preconditions

As mentioned above, the requirements are very broad, so it’s easy to pass. The materials I prepared are as follows, but please refer to the actual required documents for account opening.

1. Original ID card, the application will require taking photos.

2. Mainland China bank card

3. Hong Kong bank card

4. Tax certificate, install and download the “Personal Income Tax” App on your mobile phone to generate a tax certificate.

5. Mobile App, iPhone users need an overseas Apple ID. The App Logo is as follows, don’t mistake it.

   

Registration and Account Opening

1. Scan the above QR code with your mobile phone or directly visit https://www.chiefgroup.com.hk/hk/open?rl=ECR&PromoCode=ZF3339 to open an account.
2. You can choose to open an account with a mobile phone number or email address.
3. Fill in real information as needed, there’s no difficulty. It’s best to fill in the referral code ZF3339 to get more rewards.
4. Wait for 1-2 days for approval. You will receive an SMS/email notification once approved.

Account Opening Notes

If there’s an issue with the review materials, I found that there will be no notification via email/mobile phone. Therefore, after submitting, it’s recommended to log in daily to check to avoid problems with the review materials. I had my ID card rejected because I used a scanned copy; after updating, it was approved immediately.

If you use an email, you will receive an email notification after successful account opening, please note that.

Deposits and Withdrawals

1. You can directly bind a Hong Kong bank card in the App for quick deposits with no fees and instant arrival, but a minimum of 500 HKD is required.

Account Opening Benefits

1. There are rewards for opening an account, but compared to uSmart/Futu, they are very stingy, but better than nothing.

   Dear Customer:
   Your coupon rewards have been credited to your account, which includes 1 redemption registration card worth 400 and 4 IPO subscription coupons worth 200 in total. Please log in to the Chief Securities App or Chief Connect App immediately to view and use them.
   

2. Opening an account through the above invitation link will give more rewards. For example, deposit HK$10,000 or more (or equivalent in HKD) within 7 days and keep it for at least 30 days to get additional rewards.

Benefit Redemption

I think Chief Group’s App is very poorly designed, and the entrance to find benefits is not obvious. The specific path is as follows:

1. Home page
2. Quick Functions - More
3. Search or scroll directly to find the “Coupon Center” and claim your rewards.

Account Activation

1. Currently, the quick deposit requires a minimum of 500 HKD, so it’s recommended to deposit at least 500 HKD to keep the account active.

Final Thoughts

1. The window period is uncertain. Especially for users who don’t have a Hong Kong/US stocks account yet, it’s recommended to open one as soon as possible because it supports Hong Kong stock IPO subscription and has a low account opening threshold.
2. If you already have one, like me, open it on demand.