日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Markets

Unified securities account platform launched

By Li Xiang (China Daily) Updated: 2014-10-09 07:55

New regulation allows investors to trade on multiple bourses as well as through different broking firms

Investors in China can now trade securities through a single account at different brokerages and stock exchanges as the unified account platform - a mechanism designed to integrate different trading systems in the securities markets - was officially initiated on Wednesday.

Under the platform, Chinese investors can switch among different brokerages without opening new accounts and closing their existing ones. They can also use the platform to operate multiple sub-accounts for different types of securities and investment purposes, according to China Securities Depository and Clearing Corp Ltd, a State-owned clearing service company.

The new regulation came amid the continuous bull run of China's A-share market, which has rebounded by 18 percent in the past four months. Analysts said that it will substantially reduce the account opening cost for investors and is likely to attract fresh capital to the stock markets.

Unified securities account platform launched 

Top 10 largest stock exchanges 

Unified securities account platform launched 

Top 10 underwriters in China 

Previously, individual investors in China had to pay separate account fees if they wanted to trade in the Shanghai and Shenzhen stock exchanges. Under the new rule, individual investors are only required to pay a one-time fee of 40 yuan ($6.5) in order to trade in the markets.

Meanwhile, the new regulation will also remove the "one person, one account" restriction under which investors could only open one stock account per person at a certain securities firm.

While the new rule is only applied to institutional investors and clients of the Shanghai-Hong Kong "through train" investment plan, which requires a minimum fund of 500,000 yuan, analysts said it is not far from the complete abolishment of the "one person, one account" restriction as the country's securities regulator continues to adopt new measures to further liberalize the markets.

"We had a lot of clients calling in today to ask about the launch of new trading platform," said an employee at China Merchants Securities Co Ltd in Beijing. He said that most securities brokerages are going through a transitional period and investors will probably have to wait until the end of the month in order to be able to use the new service.

While investors are going to benefit from the unified trading platform, securities firms will likely face increasing competition over commission fees as investors now have greater freedom to switch to brokers that charge lower trading fees, analysts said.

"The launch of the unified account platform will accelerate the decrease of stock trading commission fees in the market. The competition among securities firms will substantially intensify in the coming months and the new regulation will trigger a reshuffle in the brokerage industry," securities firm Guotai Junan Securities Co said in a report.

In the meantime, the unified account platform will also provide the tool of big data to securities regulator and allow it to conduct effective tracking and analysis of irregular trading to prevent market manipulation, analysts said.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 欧美国产在线观看 | 欧美疯狂做受xxxxx高潮 | 天天插天天狠天天透 | 亚洲乱视频 | 亚洲美女久久 | 久久久久久夜 | 欧美成人免费视频 | av免费在线网站 | 日本精品一区二区在线观看 | 精品福利一区二区 | 男人天堂亚洲天堂 | 亚洲自拍天堂 | 亚洲视频一区二区在线观看 | 91久久久久久久久久久久 | 日韩免费不卡视频 | 国产精品九九九 | aaa在线免费观看 | 亚洲欧洲精品视频 | 日韩精品免费视频 | 中文字幕第一页在线 | 国产精品久久久久久久久久妞妞 | 国产精品原创 | 天堂婷婷 | 国产精选第一页 | 亚洲男人的天堂在线 | 久久久午夜 | 337p亚洲精品色噜噜狠狠 | 超碰手机在线观看 | 一级特黄特色的免费大片视频 | 国产精品国产精品国产专区蜜臀ah | 久久免费激情视频 | 免费av网站在线看 | 黄色成人小视频 | 狠狠综合久久 | 玩偶姐姐在线观看免费 | 天天射夜夜 | 国产黄色av网站 | 亚洲14p| 亚洲精品99| 日韩美女视频一区 | 可以在线观看av的网站 |