China News Service, Beijing, September 17 (Reporter Xia Bin) Beijing Stock Exchange (hereinafter referred to as "Beijing Stock Exchange") released on the 17th "Beijing Stock Exchange Investor Suitability Management Measures (Trial)" (hereinafter referred to as The “Methods”) for the first time clarified the conditions that individual investors need to meet to participate in stock trading on the Beijing Stock Exchange, and there is no capital access threshold for institutional investors.
According to the Measures, individual investors need to meet two conditions. One is that the assets in the securities account and capital account must not be less than RMB 500,000 per day (excluding the investor’s financing and securities lending in the 20 trading days prior to the opening of the application authority). Funds and securities incorporated); second, participating in securities transactions for more than 24 months.
Institutional investors participating in the stock trading of the Beijing Stock Exchange shall comply with the laws and regulations and the business rules of the Beijing Stock Exchange.
In addition, shareholders before the company’s listing, shareholders holding company shares through equity incentives, etc., who do not meet the investor access conditions stipulated in these Measures, can only buy or sell the shares of listed companies that they hold or have held.
It is reported that investors who have opened the trading authority of the select layer before the opening of the Beijing Stock Exchange will automatically transfer their trading authority to the Beijing Stock Exchange.
Since the date of the issuance of the rules, investors can make an appointment to open the trading authority of the Beijing Stock Exchange.
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