What are the new rules for offline typing in Beijing Stock Exchange?
According to the Rules, investors under the Beijing Stock Exchange are divided into three categories: professional institutional investors, general institutional investors and individual investors.
Six types of institutional investors, such as securities companies, fund management companies, trust companies, finance companies, insurance companies and qualified foreign investors, as well as other institutional investors and individual investors who meet certain conditions, can participate in the offline inquiry and placement business of the public offering of listed stocks by the North Exchange after being registered by the China Securities Industry Association.
In terms of registration requirements, in addition to the above-mentioned six types of institutional investors, other institutional investors should meet six conditions to register as offline investors for public offering and listing, including: the net assets of the securities accounts or products they manage should not be less than 6,543,800 yuan; It has been legally established and continuously operated for more than two years (inclusive) and engaged in securities trading for more than two years (inclusive); It has not been punished by relevant regulatory authorities, taken administrative regulatory measures or disciplined by relevant self-regulatory organizations in recent 12 months.
An individual investor who is registered as an investor under the public offering and listing network shall meet six conditions, including the assets in the securities account are not less than 6,543,800 yuan; Engaged in securities trading for at least five years; No regulatory penalty has been imposed in recent 12 months.
In terms of online innovation, the threshold for individual investors to enter is 500,000 securities assets, and they also need to participate in securities trading for 24 months. Investors who meet the above conditions can make an appointment with the securities company where their stock accounts are located to open the authority of the North Exchange.
The establishment of the North Exchange has increased many investment opportunities, and it is not far from the opening day of the North Exchange. However, the North Exchange also has risks, and investors should be cautious in investing.