Hong Kong Exchanges & Clearing's wholly-owned subsidiary, Hong Kong Securities Clearing, has expanded its investor participant account service to Macau.

Investors aged 18 or above who hold a Macau resident identity card are eligible to apply for an individual investor participant account. Companies incorporated in Macau can apply for a corporate account. Applicants must be the beneficial owners of the shares to be deposited with the Central Clearing & Settlement System.

The investor participant account service provides a cost effective and convenient way for investors to safe-keep their stockholdings, transfer securities and make use of the nominee services provided by the system.

Investor participant accounts can also be used to subscribe for new issues using the Electronic Initial Public Offering service.