"Dear stock investors, please note: If there is no money in the securities account, and there is no trading or transfer for a long time, the account may be frozen after 6 months!" In fact, this is Some securities companies have adopted restrictive measures on "empty accounts", and each company's definition standards are different. However, basically in accordance with the "Anti-Money Laundering Law" and "Measures for the Management of Customer Identification and Preservation of Customer Identity Materials and Transaction Records of Financial Institutions", corresponding restrictive measures are adopted for accounts with doubtful investor identity information.

Frozen accounts generally need to meet the following three standards:

1. The ID card information of the natural person’s securities account has not been The update is not recognized;

2. The total assets of the RMB account are less than 100 yuan, and the total assets of the foreign currency account are less than 10 US dollars or 100 Hong Kong dollars;

3. No transaction or transfer records within three years Customer Account.

Since Zhongdeng Company implemented new regulations at the end of 2016, natural person investors can only open 3 securities accounts. Therefore, if you open an account, you should use it to make correct investments and do not let the account be frozen. Don’t simply equate securities accounts with stock accounts, and don’t equate investing in the financial market with stock trading.

In fact, 95% of people don’t know all of at least 16 functions of a securities account!

1. Buying and selling stocks

Threshold: integer multiples starting from 100 shares

Buying and selling stocks is what we often call "stock trading" , which is the most basic function of a stock account. It refers to the purchase and sale of circulating stocks in the secondary market, starting with 100 shares per lot. By selecting the appropriate price for buying and selling operations, you can earn profits from price fluctuations.

2. Subscription for new shares

Threshold: The minimum subscription for Shanghai Stock Exchange is 1,000 shares, and the minimum subscription for Shenzhen Stock Exchange is 500 shares.

For example, if the issue price of a new stock on the Shanghai Stock Exchange is 10 yuan per share, then subscribing for 1,000 shares requires at least 10,000 yuan in cash (account available amount). In addition to preparing funds, there is currently a "market value subscription system", which is calculated based on the average daily market value of the 20 trading days before T-2 (T day is the subscription day). Moreover, the stock market values ??of the Shanghai and Shenzhen stock exchanges are calculated separately.

3. Renewal of convertible bonds

Threshold: As long as you open a stock account and have a principal of more than 1,000

Convertible bonds are publicly issued to the public, similar to the issuance of new shares. Convertible bonds are corporate bonds that can be converted into stocks. Investors who hold a securities account (zero assets and zero trading experience) can participate in the online subscription of convertible bonds. The upper limit of online subscription for each convertible bond is 10,000. . There is no need to pay in advance when applying, you only pay after you win.

4. Buying and selling bonds

Threshold: Generally starting from 1,000 yuan

In addition to investing in bond funds In addition, ordinary investors can also purchase various bonds listed and traded on exchanges through stock accounts of securities companies. Generally speaking, tradable varieties include treasury bonds, local government bonds, corporate bonds, corporate bonds, convertible bonds, etc.

The method of buying bonds is the same as buying stocks. Just enter the bond code, purchase price, and transaction quantity. It is characterized by high security and fixed interest. It should be noted that the minimum trading unit of bonds is 10 lots; bonds have a T+0 system and there are no price limits.

5. Trading on-exchange funds

Threshold: generally starting from 100 shares

There are Two ways. One is to buy and sell exchange-traded funds, which are directly listed and traded on the stock exchange. They mainly include closed-end funds, LOF (listed open-end funds), ETFs (traded open-end index funds), etc., which are traded in the securities trading system. There is a special "On-site Fund" trading menu.

The rules for buying on-site funds are the same as those for individual stocks, with a minimum of 100 shares. It should be noted that if you want to buy a certain exchange-traded fund, you should click on the "Stocks" column of the trading interface at the bottom of the trading software, not the "Financial Management" column. The main items under the "Financial Management" column are subscription and redemption. OTC funds.

6. Subscription and redemption of OTC funds

Threshold: Generally starting from 1,000 yuan

Another type of fund that can be bought with a stock account is an over-the-counter fund, which is a fund that can be bought in a bank in the traditional sense.

If you use a stock account to subscribe and redeem funds, generally the subscription and redemption before 15:00 on the same day will be calculated based on the net value of the day. Subscriptions and redemptions issued after 15:00 on the same day will Instructions (some brokers may not accept overtime instructions) are calculated based on the net value of the next trading day. Note that different fund companies and different types of funds have different arrival times for fund redemptions, generally 2 to 4 working days (funds investing in overseas markets will take longer).

7. Treasury bond reverse repurchase

Threshold: 1,000 in Shenzhen stock market, 100,000 in Shanghai stock market

To put it simply, Treasury bond reverse repurchase is an investment type in which others use treasury bonds as collateral, and investors give up the right to use funds within a certain period of time, and receive interest income at the interest rate determined at the time of transaction within the agreed period. It is also very safe. Its interest rate is higher than that of banks, and when market funds are tight at the end of the month, quarter, and year, the annualized rate of return can even exceed 10%, so it is most cost-effective to buy at this time.

There are multiple types of Treasury bond reverse repurchases based on the number of days of use. Taking the Shanghai Stock Exchange as an example, the transaction code for repurchases is "204***". Specifically, "204001" represents "1-day Treasury bond repurchase"; "204002" represents "2-day Treasury bond repurchase"; the longest one is the half-year "204182", which represents "182-day Treasury bond repurchase". The transaction code of Shenzhen Stock Exchange repurchase is "1318**", and "131810" represents "1-day Treasury Bond Repurchase".

It should be noted that if you have 100,000 spare funds in your account that are not used temporarily, you can participate in the reverse repurchase of government bonds and lend the money out to earn interest. The operation menu is to follow the sale. The stock is sold at the same point, remember to "sell", just enter the code quantity, and the principal and interest will be automatically credited to your account after maturity!

8. Fund fixed investment

Threshold: starting from 100 yuan

Fund fixed investment is a regular fixed amount investment The abbreviation of fund refers to investing a fixed amount (such as 500 yuan/1000 yuan/2000 yuan) into a designated open-end fund at a fixed time (such as daily/weekly/monthly), similar to a bank's zero Deposit and retrieval method.

Using the fund fixed investment method to invest earns the average income of the market, so there is no need to consider the losses caused by the market crash. The income level of the investment product is generally expressed as a smile curve!

9. Stock options trading

Threshold: The average daily market value of securities in custody in the 20 trading days before the investor applies for account opening and the available balance of the capital account (excluding securities and funds integrated through margin trading), shall not be less than RMB 500,000; have been designated to trade with a securities company for more than 6 months and have the qualifications to participate in margin trading and securities lending business or financial futures trading experience, Or have opened an account with a futures company for more than 6 months and have financial futures trading experience; have basic knowledge of options, and pass relevant tests recognized by the Shanghai Stock Exchange, etc.

An option is the right to buy or sell a specific asset at a specific price at a specific time in the future.

10. Cash financial management/fixed income financial products

Threshold: 50,000 yuan

Except In addition to banks, securities companies will also have fixed-rate investment and financial products. These products have low risks and high liquidity. They are invested in fixed-income assets and have an annualized rate of return of about 4%. When we have a short position, we can put idle funds into financial products to receive relatively high returns. Currently, Datong Securities issues "Tongxiang Series Financial Management Products" every week in response to different customers' time requirements to respond to different customers' product needs!

11. Margin and securities lending

Threshold: 500,000

Margin and securities lending business is 2010 Launched on March 31, 2019, financing means borrowing money from brokers to buy securities, and securities lending means borrowing securities from brokers to sell. Of course, borrowing money or coupons must be repaid within a certain period of time, and a pre-agreed interest must be paid. To carry out margin financing and securities lending, securities companies currently set the asset threshold at 500,000 yuan.

In addition, you need to go to the site and sign a contract with the securities firm to open margin financing. In other words, investors must open a credit account in accordance with the requirements of the securities company, and then apply for a credit line after transferring the collateral.

It is worth mentioning that margin trading involves "leveraging" and is a business for professional investors who can withstand higher risks. General investors should use it with caution.

12. Participate in "Hong Kong Stock Connect"

Threshold: 500,000

If the securities account balance If the total amount is not less than RMB 500,000, you can apply to open an account for the "Hong Kong Stock Connect" business. Southbound trading means that investors entrust members of the Shanghai Stock Exchange to declare to the Stock Exchange through the Shanghai Stock Exchange Securities Trading Service Company to buy and sell stocks listed on the Stock Exchange within the prescribed range. Its scope is the constituent stocks of the Hang Seng Composite Large Cap Index and the Hang Seng Composite Mid Cap Index of the Stock Exchange of Hong Kong and the A+H shares of companies listed on the Stock Exchange of Hong Kong and the Shanghai Stock Exchange.

13. Purchase of private equity products

Threshold: The amount of a single private equity fund is not less than 1 million yuan and meets the following requirements Standard units and individuals:

1. Units with net assets of no less than 10 million yuan;

2. Finance Individuals whose assets are not less than 3 million yuan or whose average annual income in the past three years is not less than 500,000 yuan.

The above-mentioned financial assets include bank deposits, stocks, bonds, fund shares, asset management plans, bank financial products, trust plans, insurance products, futures rights, etc. Note here: Real estate such as real estate is not a financial asset.

14. New Third Board

Threshold: Generally starting from 1 million for individuals

Selected tier listed New Third Board companies for one year Afterwards, if you meet the conditions in terms of profits, market value, etc., you can apply to enter the Science and Technology Innovation Board or GEM. The transfer system allows investors to be the first to place potential stocks that can be transferred to the Science and Technology Innovation Board or GEM. Most of the New Third Board companies are growth companies with high potential risks, and once the bet is right, the expected returns are also considerable.

15. Stock pledge/agreed repurchase loan

Threshold: shareholders of listed companies

Stocks Pledge means that shareholders of a listed company pledge their stocks to raise funds.

16. Enterprises can reasonably avoid taxes

Threshold: Required to be a corporate entity

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According to the "Finance and Taxation [2008] No. 1" issued by the State Administration of Taxation, corporate income tax is temporarily not levied on the income received by investors from the distribution of securities investment funds.