If it is just stock trading, there will be no serious consequences. If the customer loses money in stock trading, it is other people's money and does not involve him/herself. However, in the future, you will need to go to the sales department in person to handle business, because you need to handle business in person with your ID card, and to handle authorization, you need to apply for notarization, etc.

While opening an account, investors need to choose the trading methods and fund deposit and withdrawal methods they will use in the future, and sign the corresponding opening procedures and agreements with the securities business department. For example: on-site trading, telephone orders, online trading, mobile stock trading, etc.

Investors who need to cancel their account due to special circumstances can go to a securities company to cancel their account. The procedures for canceling the account must be done in person. When a natural person applies for an account cancellation, he or she must bring a valid certificate to the account opening point. Fill out the "Application Form for Cancellation of Securities Account"

Extended information:

A natural person or legal person can open securities accounts of different types and purposes. The same entity can open multiple securities accounts. Under normal circumstances, the first account opening website recommends that investors open a Shanghai A-share account and a Shenzhen A-share account; if the investor holds Hong Kong dollars and wants to invest in securities, open a Shenzhen B-share account.

A-share accounts can only be opened by domestic investors who are permitted by national laws, regulations and administrative regulations to buy and sell A-shares. A-share accounts are divided by holders into: natural person securities accounts, general institutional securities accounts, institutional securities accounts such as securities companies and fund management companies.

B-share accounts are divided according to holders: domestic individual investor securities accounts and overseas investor securities accounts.

Baidu Encyclopedia-Securities Account