Securities account refers to the account book set up by the securities registration and settlement institution for investors to accurately record the types, names, quantities, corresponding rights and changes of securities held by investors. It is an important document to identify the identity of shareholders, has the legal effect of proving the identity of shareholders, and is also a prerequisite for investors to conduct securities transactions. A natural person or legal person can open different types and uses of securities accounts. The same entity can open multiple securities accounts. Under normal circumstances, the first account opening network advises investors to open Shanghai A-share accounts and Shenzhen A-share accounts; Investors holding Hong Kong dollar investment securities shall open a Shenzhen B-share account; Investors holding US dollar investment securities shall open a Shanghai B-share account; For investors who have already opened A-share accounts, CSI has allowed them to invest in funds without opening a fund account. Domestic securities are divided into A shares and B shares. Stocks in Hong Kong are called H shares. A shares and B shares are only traded in domestic securities companies, and each country has relevant securities institutions. Only by opening an account in the corresponding securities operation institution can the relevant stocks be traded.
Investors who want to enter the market should open a securities account card in advance. Open Shenzhen securities account card and Shanghai securities account card respectively. Shenzhen securities account card: investors can handle it through the local securities business department or securities registration institution, and they need to do it in person, with valid identity documents and copies. Legal person: handle with business license (and photocopy), power of attorney of legal person, certificate of legal representative and ID card of agent. Securities investment funds and insurance companies: you need to go directly to Shenzhen Stock Exchange to open an account card. Account opening fee: individual 50 yuan/each account; Institution 200 yuan/per account. If you need to apply for the Shanghai Stock Exchange, investors can go to the account-opening agencies of Shanghai Securities Centralized Registration and Clearing Corporation in various places, and you need to go through the relevant procedures for applying for opening a securities account in person, and bring your valid identity documents and copies.