In order to smoothly promote the reform of GEM and pilot the registration system, Shenzhen Stock Exchange has made corresponding regulations on the investment threshold of GEM investors, and the trading authority can only be opened if the asset date meets certain requirements. So how much does it cost to open an account on GEM?

How much does it cost to open an account on GEM?

65438+ ten thousand yuan. According to Article 5 of the Measures for the Implementation of the Appropriateness Management of Investors in Growth Enterprise Market of Shenzhen Stock Exchange (Revised in 2020) (SZSE [2020] No.343), investors participating in Growth Enterprise Market transactions shall meet the following conditions:

1 The assets in the securities account and capital account in the 20 trading days before the opening of the application authority shall not be less than RMB 654.38+10,000 yuan per day (excluding the funds and securities that investors integrate through margin financing and securities lending);

Participated in securities trading for more than 24 months.

(Image from official website, Shenzhen Stock Exchange)

How to identify 65438+ million funds?

1 The securities accounts used to calculate the assets of individual investors shall be those opened by China Clearing and those opened by investors in securities companies. The accounts opened by China Clearing include A-share accounts, B-share accounts, closed-end fund accounts, open-end fund accounts, derivative contract accounts and other securities accounts established by China Clearing according to business needs. Capital accounts that can be used to calculate investors' assets include customer transaction settlement fund accounts and stock option margin accounts.

2 The following assets in the securities account opened by China Clearing can be counted as investor assets: stocks, including A shares, B shares, preferred stocks, Hong Kong stocks bought through Hong Kong Stock Connect and stocks listed in the national share transfer system for small and medium-sized enterprises; Depositary receipts; Publicly raise fund shares; Bonds; Asset-backed securities; Share of asset management plan; Stock option contract, right warehouse contract plus assets at settlement price, and obligation warehouse contract minus assets at settlement price; Repurchase assets, including bond pledged repurchase, reverse repurchase and pledged quotation repurchase; Other securities assets recognized by Shenzhen Stock Exchange.

3 The following assets of an account opened by an investor in a securities company can be included in the investor's assets: Public Offering of Fund share, private equity fund share, bank wealth management products, precious metal assets, OTC derivatives assets, etc.

4. The following assets in the fund account can be included in the investor's assets: the transaction settlement funds in the customer's transaction settlement fund account; Trading settlement funds in the stock option margin account, including the margin corresponding to the obligation warehouse; Other capital assets recognized by Shenzhen Stock Exchange.

5. When calculating the assets related to various financing businesses, it shall be calculated according to the net assets, excluding the securities and funds that have been merged.

The above is the answer to "How much does it cost to open an account on GEM?" I hope it will help you.