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Why can't soldiers open an account for stock trading?
Because our country's law stipulates that soldiers can't trade stocks.

According to the China People's Liberation Army Internal Affairs Ordinance

Article 105? Soldiers are not allowed to use their working hours and office equipment to do business, engage in online pyramid schemes and paid intermediary activities other than their own jobs, participate in for-profit cultural performances, commercial advertisements, corporate image endorsement and teaching activities, engage in securities and futures trading and buy lottery tickets, and are not allowed to provide portraits of soldiers for making goods without authorization.

According to the Securities Law of People's Republic of China (PRC)

Article 43 Employees of stock exchanges, securities companies, securities registration and settlement institutions, staff of securities supervision and administration institutions, and other personnel who are prohibited from participating in stock trading by laws and administrative regulations shall not hold or buy or sell stocks directly or under a pseudonym or in the name of others during their term of office or within the statutory time limit, and shall not accept stocks donated by others.

When becoming a person listed in the preceding paragraph, the shares already held by him must be transferred according to law.

According to Article 94 of the newly revised Regulations on Disciplinary Actions against Party Discipline in China,

Whoever engages in profit-making activities in violation of relevant regulations and commits one of the following acts, if the circumstances are minor, shall be given a warning or a serious warning; If the circumstances are serious, he shall be dismissed from his post within the Party or be placed on probation; If the circumstances are serious, be expelled from the Party:

(2) owning shares or securities of unlisted companies (enterprises);

(3) buying and selling stocks or investing in other securities.

According to "Several Provisions on Personal Securities Investment Behavior of Party and Government Organs"

Article 1 These Provisions are formulated for the purpose of regulating the personal securities investment behavior of the staff of party and government organs, promoting their honesty and self-discipline, strengthening the building of a clean and honest party style and promoting the healthy development of the securities market.

Article 2 The personal securities investment behavior of the staff of the party and government organs mentioned in these Provisions refers to the behavior of the staff of the party and government organs to invest their legitimate property in the securities market, buy and sell stocks and securities investment funds in a legal way.

Article 10 The staff of party and government organs mentioned in these Provisions refers to the staff of party organs, people's congresses, administrative organs, CPPCC organs, judicial organs and procuratorial organs.

Institutions managed in accordance with the civil service system, enterprises and institutions with administrative management functions and administrative law enforcement functions, and staff in mass organizations such as trade unions, the Communist Youth League, women's federations, literary and art federations, writers' associations, and science and technology associations; These Provisions shall apply to the staff of institutions affiliated to party and government organs at all levels, trade unions, the Communist Youth League, women's federations, literary and art federations, writers' associations, associations for science and technology and other mass organizations.

Article 11 These Provisions shall apply to the trading of stocks, securities and their derivatives other than stocks and securities investment funds.

From the above point of view, we can make a simple explanation: If someone close to soldier party member is engaged in this field, or someone with inside information is not allowed to speculate in stocks, otherwise it will violate the party discipline.

Extended data:

According to "Several Provisions on Personal Securities Investment Behavior of Party and Government Organs"

Article 5 The staff of the State Council securities regulatory agencies and their dispatched offices, stock exchanges and futures exchanges, their parents, spouses, children and their spouses are not allowed to buy or sell stocks.

Article 6 If my parents, spouses, children and their spouses work in securities companies or fund management companies, or work in accounting (auditing) firms, law firms, investment consulting institutions, asset appraisal institutions or credit evaluation institutions with securities and futures qualifications granted by the State Council securities regulatory authority, the staff of party and government organs shall not buy or sell shares of listed companies that have business dealings with the above institutions.

Article 7 Party and government functionaries who have inside information shall continue to be bound by these provisions within three months after leaving their posts. Staff members of party and government organs who have inside information because of their new positions must dispose of the stocks and securities investment funds they held before taking office within one month after taking office, and may not continue to hold them.

Baidu Encyclopedia-People's Republic of China (PRC) Securities Law