How to transfer stocks from Hafoo Securities to Longbridge?

The process of transferring stocks from Hafoo Securities to Longbridge mainly involves two steps: submitting a transfer-in request to Longbridge and submitting a transfer-out request to Hafoo Securities. Below are the detailed descriptions for these two steps.

1. Submitting a transfer-in request to Longbridge

Step 1. Go to the Longbridge App > Portfolio > Transfer to submit a transfer-in application. If you have already deposited funds, select Portfolio > More > Share Transfer-In.

Step 2. Fill in transfer information (taking Hong Kong stocks as an example).

(1) Fill in the information of the transfer-out broker and your account information at that broker, then click Next.

(2) Enter the details of the stocks to be transferred into Longbridge. After confirming the details are correct, click Next.

Please note: Longbridge now supports entering the cost price per share (optional).

• If not entered: The cost price per share will be calculated based on the closing price on the day the transfer is completed.
• If you need to enter: Please enter the cost price you actually want to display. After the transfer is completed, profits and losses will be calculated based on the cost price you entered.
• The cost price cannot be modified once it is entered. If you have any questions, please contact customer service.

Step 3. Confirm the information and submit the application. Check the information such as the transfer-out broker, stock code, and number of shares, and submit the application if correct. If there are any errors or omissions, please go back to modify.

2. Submitting a transfer-out request to Hafoo Securities

Contact Hafoo Securities to obtain the stock transfer form, fill it out according to the example, and send an email to ask Hafoo Securities to transfer stocks out.

Step 1. Fill in the stock transfer form.

Longbridge information:

Example of Hong Kong stock transfer form

Example of Hong Kong stock transfer form

Example of US stock transfer form

Example of US stock transfer form

Note: Please contact Hafoo Securities customer service to confirm information before filling out the form.

Step 2. Send a stock transfer email.

Hafoo Securities recipient: hk@eastmoney.com

Email attachment: a photo of your completed transfer form.

Below is an example of the email:

Subject: Share Transfer-Out Request

Dear Sir/Madam, please find my share transfer-out form attached and proceed as soon as possible. I have notified Longbridge to receive my shares. If you have any questions, please contact me at 1XXXXXXXX (your mobile number).

Note: This email must be sent using the email address linked to your Hafoo account.

Notes:

1. Stock transfers between different brokers are limited to transfers between accounts under the same name.
2. Fees for stock transfer: Longbridge does not charge any fees. Fees may be charged by the broker who transfers the stock out.
3. Time required for stock transfer: The processing time depends on the other broker. Once the other broker transfers the stocks out, Longbridge will deposit them into your account within 1–2 working days.

Disclosures

This article is for reference only. The required confirmation information shall be subject to the actual display. The information in the guide above is for illustrative purposes only.

This article does not constitute any investment advice.