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What are the requirements for buying Shanghai A shares to open an account?

If you are an individual investor who has reached the age of 18 and holds a second-generation resident ID card within the validity period, you can open an account. Individual investors can go through the on-site counter in the sales department or open an account by themselves. You need to prepare your second-generation ID card and a bank savings card with the same name (some banks support passbooks). If you need to go to the counter, you need to go directly to the business outlet at 9-16 on the trading day. If you need to open an account by yourself, you can download an account opening APP through official website, a brokerage firm, or the mobile app mall. For example, GF Securities' account opening is "GF Securities Account Opening" or "GF Easy Gold Rush", and you can complete the account opening procedures by yourself.

The general process includes uploading ID photo, risk assessment, password setting, bank card binding, video authentication (two-way/one-way, GF Securities is a one-way video without queuing), agreement signing, etc.

gf securities supports fast account opening in 7*24 hours and 3 minutes, and one-way video is not queued, so the Shanghai and Shenzhen a-share/fund accounts can be completed in one step. There is also a professional licensed investor with 7*24 hours online guidance, and the "second" speed corresponds to your investment questions.

if you are a domestic natural person over the age of 16 and under the age of 18, and your labor income is the main source of income, you can provide proof of labor income and valid identification documents to open an account.

in other cases, you are advised to contact the customer service of the brokerage firm.