The stock testing area of a certain platform is becoming official: on December 1st, it will automatically switch to the official Hong Kong stock code, and there are on-chain rewards to be earned.
[Bitu] A certain trading platform recently did something quite interesting - their stock test trading area is about to be officially launched.
Specifically, on December 1st at 6 PM, the test code 0XXXX.HK will directly switch to the official Hong Kong stock code 01959.HK (corresponding to Century United Holdings Limited). If you hold the test stock, there is no need to panic; the system will automatically change it to the official code at the closing price when trading pauses at 4 PM that day, without requiring any action from you.
However, there is a small interlude: from 4 PM to 7 PM on December 1, the transfer and trading functions will be suspended as the platform needs to perform data merging and checks. It is recommended not to rush to operate during this time.
Speaking of this platform, they focus on “zero-distance trading of global stocks” and also provide on-chain rewards for stock liquidity. Compared to the traditional brokerage model with its regional restrictions and multi-layered fees, here you can place orders across regions as long as you complete the compliance process, and you can also receive liquidity incentives. For those who want to participate in Hong Kong stock trading but find it cumbersome, this is indeed a new option worth paying attention to.
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AirdropNinja
· 6h ago
It's automatic switching again, I can't be bothered and will just lie flat.
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ChainSauceMaster
· 20h ago
Another test for conversion to regular status, are on-chain rewards really attractive? It depends on how the liquidity is.
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Rekt_Recovery
· 20h ago
ngl this auto-conversion thing lowkey reminds me of every migration i've survived... they say "no action needed" but something always goes sideways lol. three hours of frozen functions tho? that's giving liquidation vibes fr
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GasFeeCrier
· 20h ago
Another test area has been promoted, this trap process has become tedious, it's just changing a code.
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GovernancePretender
· 20h ago
Automatic code exchange? Alright, this wave is stable, saves me from manual hassle.
Wait, a three-hour trading suspension... Gotta hold my breath on December 1st.
On-chain rewards sound good, just afraid it's the same old play people for suckers routine.
Can it really be zero fees? If you believe that, you're in for a surprise.
This operation is quite detailed, but still need to be cautious with Hong Kong stocks, don't get trapped and regret it.
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ser_ngmi
· 20h ago
This three-hour maintenance window must be marked, otherwise it will be a rush at that time.
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AllInDaddy
· 20h ago
Ah, I've been waiting for this wave of going live, finally graduating from the Testnet.
Automatically changing the code is convenient, but I'm worried it might mess up like before.
The on-chain rewards are interesting, definitely better than the traditional brokers' way of playing people for suckers.
It’s indeed annoying that trading is paused for three hours, but I can understand it’s for system integration.
What’s the situation with 01959? Has anyone researched it?
The stock testing area of a certain platform is becoming official: on December 1st, it will automatically switch to the official Hong Kong stock code, and there are on-chain rewards to be earned.
[Bitu] A certain trading platform recently did something quite interesting - their stock test trading area is about to be officially launched.
Specifically, on December 1st at 6 PM, the test code 0XXXX.HK will directly switch to the official Hong Kong stock code 01959.HK (corresponding to Century United Holdings Limited). If you hold the test stock, there is no need to panic; the system will automatically change it to the official code at the closing price when trading pauses at 4 PM that day, without requiring any action from you.
However, there is a small interlude: from 4 PM to 7 PM on December 1, the transfer and trading functions will be suspended as the platform needs to perform data merging and checks. It is recommended not to rush to operate during this time.
Speaking of this platform, they focus on “zero-distance trading of global stocks” and also provide on-chain rewards for stock liquidity. Compared to the traditional brokerage model with its regional restrictions and multi-layered fees, here you can place orders across regions as long as you complete the compliance process, and you can also receive liquidity incentives. For those who want to participate in Hong Kong stock trading but find it cumbersome, this is indeed a new option worth paying attention to.