In the evening, China Securities Association and Shanghai and Shenzhen Stock Exchanges successively issued a series of supporting documents, all of which were implemented from July 1 day, 2065438.
The Measures issued by China Securities Industry Association (hereinafter referred to as "Guidelines for the Implementation of Appropriate Management of Securities Institutional Investors (Trial)" classifies ordinary investors into five grades according to their risk tolerance, corresponding to five grades of products or services.
The Shanghai and Shenzhen Stock Exchanges revised the appropriate management of stocks, Hong Kong Stock Connect and exchange bonds during delisting. In addition, the Shanghai Stock Exchange also revised the guidelines for the appropriateness management of option pilot investors.
Individual investors participating in the delisting consolidation period must have securities assets of 500,000 yuan.
For the stocks of listed companies in the delisting period, the Shanghai Stock Exchange revised the entry threshold clauses of individual investors in the Guidelines and the Measures for the Administration of Stock Trading on the Risk Warning Board of Shenzhen Stock Exchange and Shanghai Stock Exchange. The Shanghai and Shenzhen Stock Exchanges require that individual investors participating in the delisting consolidation period must be engaged in stock trading for more than 2 years, and the average daily securities assets in the 20 trading days before the application authority is opened are not less than 500,000 yuan.
For Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, the Shanghai and Shenzhen Stock Exchanges respectively added requirements for individual investors' access in the Guidelines for the Management of Investor Suitability of Hong Kong Stock Connect, and the asset conditions should meet the requirements of 20 trading days per day. The Shanghai and Shenzhen Stock Exchanges require that when evaluating the assets of individual investors, members should confirm that the assets in the securities account and capital account opened in the name of the investor are not less than 500,000 yuan per day within 20 trading days before applying for opening authority, excluding the funds and securities that the investor has integrated through margin financing and securities lending.
For the pilot of stock options in Shanghai Stock Exchange, the Shanghai Stock Exchange has supplemented the requirements for individual investors and general institutional investors in the relevant investor suitability management guidelines, that is, the asset conditions should meet the daily average requirements of 20 trading days.
It is worth mentioning that all the above terms have a "new and old boundary". Investors who have opened trading rights such as Hong Kong Stock Connect, delisting, sorting out stocks or derivative contract accounts before July/KLOC-0 may continue to participate in trading.
Bonds beyond the allowed investment scope will not be allowed to continue to buy.
In addition, SSE revised the Special Provisions on the Delisting Period of Shenzhen Stock Exchange, and Shenzhen Stock Exchange also formulated the Measures for the Management of the Appropriateness of Investors in the Bond Market. We adjusted the standard of "qualified investors" and the scope of individual investors' investment targets, established a dynamic adjustment mechanism for investors' appropriateness, and strengthened the responsibility of securities institutions.
Among them, in terms of asset qualification, the Shanghai and Shenzhen Stock Exchanges require the net assets of institutions to be no less than 20 million yuan, and the financial assets at the end of last year should be no less than 6,543,800+million yuan; In the 20 trading days before the individual qualification application, the average daily financial assets under his name are not less than 5 million yuan, or the average annual personal income in the last three years is not less than 500,000 yuan; Professional experience requires institutions and individuals to have certain investment experience or work experience.
Compared with the original rules, the Shanghai and Shenzhen Stock Exchanges have increased the professional experience requirements for qualified investors of non-financial institutions; At the same time, the asset qualification requires the net assets of the institution to be adjusted from not less than 6.5438+million yuan to not less than 20 million yuan; Personal financial assets were adjusted from not less than 3 million yuan to not less than 5 million yuan, and a time limit was set.
As for the investment objectives of individual investors, the investment types of individual investors include interest rates.
Related Q&A: How to check whether the permission for stock delisting has been opened? If you need to check whether the account has been opened for delisting and stock trading, you can call the customer service phone of the securities company corresponding to the securities account. In the stock market, investors are most afraid of sudden delisting, which also means that investors have a great chance of losing money. Today we will take a look at the delisting of stocks. This list of bull stocks has been recommended by many excellent institutions, and then sorted out and shared with you for free. While it's still hanging in the article, hurry to collect it ~ The list of bull stocks of emergency agencies is leaked, or it will usher in an explosive market. 1. What does delisting mean? Stock delisting, to put it bluntly, is because this listed company does not meet the relevant listing standards for trading, leading to active or passive termination of listing. After delisting, it changed from a listed company to a non-listed company. There are also differences in delisting, namely, active delisting and passive delisting. What the company can decide for itself is to take the initiative to withdraw from the market; Passive delisting is generally a major risk caused by major illegal acts or poor management, and is punished by the regulatory authorities, that is, the license is revoked. If you want to withdraw from the market, you need to meet the following three conditions: many people find it difficult to judge the quality of a company, or there are omissions in the analysis, which eventually leads to losses in the stocks you buy. Here is a free stock diagnosis platform. You can directly enter the stock code to see if the stock you bought is good or bad: Do you test the current valuation position of your stock for free? Second, the stock has been delisted. What about those unsold stocks? If a stock is delisted, the exchange will have a delisting period, which means that once the delisting condition is triggered, the stock will be forced to delist, so it can be sold during this period. After the delisting period, the company withdraws from the secondary market and may not buy or sell again. If you are a little white in the stock market, you'd better give priority to buying leading stocks. Don't throw money without knowing anything, the money you put in carefully will never come back. I summarize the leading stocks in various industries as follows: vomiting blood to sort out the list of leading stocks in major industries, and it is recommended to collect them! After the delisting period, shareholders who have not sold their shares can only trade in the New Third Board market. The New Third Board is the place to deal with delisted stocks. Partners who want to trade stocks in the New Third Board must open a trading account in the New Third Board market before they can trade. You should know that after the stock is delisted, there is a "delisted period", during which you can choose to sell the stock. But it is very unfavorable to retail investors in essence. Once the stock enters the delisting consolidation period, it must be that large funds flee first, and it is difficult for small retail investors to sell small funds. Because time, price and big customers are the principles of selling and closing positions, by the time the stock is sold, the current share price has fallen sharply, and retail investors have suffered heavy losses. Under the registration system, retail investors will face great risks when buying delisting risk stocks, so what they must not do is to buy and sell st shares or ST* shares. Reply time: 202 1-09-24. The latest business changes are subject to the data displayed in the link in the article. Please click to view.