As of August 2019, to open the GEM, you need to go to the securities business department, and the GEM cannot be opened online. Conditions and procedures for opening a GEM stock account:

1. Natural person investors with more than two years (including two years) of stock trading experience can apply to open GEM market transactions. (Note: Investors who do not have a stock account cannot directly open the GEM, and need to open a stock account first.)

2. Investors contact their securities companies through phone calls, APP appointments, etc. The Ministry of Finance submitted an application for opening, carefully read and signed the "GEM Market Investment Risk Disclosure Letter" on site.

3. Two trading days after the above documents are signed and the securities company completes the relevant verification procedures, GEM market trading can be opened.

Extended information

GEM trading rules:

(1) The trading unit of GEM stocks is "share", and the trading unit of investment funds is "share" ". To declare to buy securities, the quantity should be 100 shares (shares) or an integral multiple thereof. Securities with less than 100 shares (shares) can be sold with a one-time declaration.

(2) The quotation unit of securities is "price per share (share)". The minimum change unit of "price per share (share)" is RMB 0.01.

(3) Securities are subject to price limits, and the price limit is 10%. The price calculation formula for price increase and decrease is: price limit for price increase and decrease = (1 ± price increase and decrease ratio) × closing price of the previous trading day (the calculation result is rounded to RMB 0.01). There are no price limits on the first day of listing of securities.

Baidu Encyclopedia - GEM

Ping An Securities - GEM stock account opening process