Business scope:

(1) securities broker;

(2) Securities investment consultation;

(3) Financial advisers related to securities trading and securities investment activities;

(4) Securities underwriting and sponsorship.

(5) Self-operated securities.

(6) Management of securities assets;

(7) Other securities businesses.

(8) M&A

The minimum registered capital of a securities company engaged in the above-mentioned (1) to (3) businesses is RMB 50 million; The minimum registered capital for those who engage in one of the business items (4) to (7) is 65.438 billion yuan; If two or more businesses in items (4) to (7) are engaged, the minimum registered capital shall be RMB 500 million. Its registered capital must be paid-in capital.

Extended data

Judging from the functions of securities companies, it can be divided into:

1, securities broker

That is, the securities brokerage company. Securities institutions that buy and sell securities accept the entrustment of investors to buy and sell securities on their behalf, and charge a certain commission, such as Soochow Securities Suzhou Sales Department and jianghai securities Brokerage Company.

2. Securities dealers

That is, comprehensive securities companies, in addition to the authority of securities brokerage companies, can also buy and sell securities by themselves. They are well-funded and can directly enter the exchange to buy and sell stocks for themselves. Such as Guotai Junan Securities.

3. Securities underwriters

An institution that helps issuers sell securities by underwriting or consignment. In fact, many securities companies operate these three businesses at the same time. According to the current practice in various countries, all member companies of a stock exchange can conduct proprietary trading in the trading market, but few securities companies specialize in proprietary trading.

In addition, some certified innovative securities companies also have the authority to create warrants, such as CITIC Securities.

A securities registration company is a service organization for centralized registration and transfer of securities. It is an indispensable part of securities trading and has the nature of administrative management. It must be examined and approved by the competent authority before it can be established.

Baidu encyclopedia-securities company