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Can the trading authority of convertible bonds be transferred? What are the regulations?

After the new regulations, the trading authority of convertible bonds needs to be opened. The requirement is that the assets in the securities account and the capital account are not less than RMB 1, per day in the 2 trading days before the application authority is opened. Many people have multiple stock accounts at the same time and belong to different securities companies. So, can the trading authority of convertible bonds be changed?

can the trading authority of convertible bonds be countersigned?

you can't re-sign the convertible bonds, because there are no rules for re-signing the convertible bonds at present. If you change brokers to buy convertible bonds, you need to meet the requirements for opening the convertible bonds before you can apply for opening them. For example, you originally opened the trading authority of convertible bonds in the stock account of A securities company, and then you opened a stock account with B securities company. If you want to buy convertible bonds through B securities company, you need to reopen the trading authority of convertible bonds.

To purchase new bonds and buy convertible bonds, it is necessary to sign the risk disclosure statement of convertible bonds, which must meet the following conditions:

1. The daily average assets in the securities account and capital account in the 2 trading days before the opening of the application authority are not less than RMB 1, (excluding the funds and securities that the investor has integrated through margin financing and securities lending);

2 Having participated in securities trading for more than 24 months;

3 The risk assessment level is above C3 robustness.

Reasons for the failure to sign the convertible bonds:

1. The daily average assets in the securities account and capital account were less than RMB 1, in the 2 trading days before the opening of the application authority;

2 The requirement of 2-year trading experience has not been met, so it is recommended to open it after meeting the trading experience;

3 The risk assessment level is lower than that of the stable type. If the risk assessment has expired or personal information has changed recently, you can re-evaluate and sign again _;

4 The knowledge assessment has not reached the full mark. You can learn about it through the investor education column of Shenzhen Stock Exchange/Shanghai Stock Exchange in official website, and you can re-evaluate your knowledge after learning. _

After the ordinary account with convertible bond trading authority is opened, it will be automatically synchronized to your financial account. If you don't meet the opening conditions of convertible bonds for the time being but have an investment preference for convertible bonds, you can pay attention to some related funds according to your investment objectives and risk tolerance, and you can invest without opening authority.