We generally buy and sell A shares in China, but seldom hear about B shares. So what is a B-share? B shares are foreign-funded shares registered and listed in China, and also listed on the Shanghai and Shenzhen stock exchanges. The face value of the stock is marked in RMB, but the transaction is conducted in foreign currency. B shares are restricted to foreign investors before 200 1, and domestic investors can also buy and sell after 200 1. B-share account opening is somewhat different from A-share account opening. First of all, the first step is to transfer cash deposits or foreign currency cash deposited in foreign exchange deposit banks.

Margin account of securities company in the same city. Of course, identification is essential. Upon completion, the bank will issue receipts to individual investors and statements to brokers. Then the investor opens a B-share capital account with the securities firm according to the statement, and the minimum amount of the account must be USD 65,438+0,000 or the equivalent amount in other foreign currencies. Then use the opened fund account to open a B-share account with the securities firm. B shares, like A shares, implement the trading system of T+ 1. However, his delivery period is different from that of A shares, and T+3 delivery. The transaction you asked is cash.

Remittance or cash, both are possible. However, the cash transaction bank will not charge a handling fee. If foreign currency cash is used, the bank will charge one thousandth of the transfer fee. B-share transaction fee: account opening fee per household 19 USD. The commission shall not exceed 0.3% of the turnover at most. Stamp duty is one thousandth of turnover. There is also a settlement fee, which is calculated at 0.5% of the turnover. It should be noted that there are two trading methods for Shenzhen B-share trading, one is centralized trading, which is the ordinary way. Is to pay through trading hours.

Transactions made through electronic trading systems. The second is knocking on the door. The so-called bridge-knocking transaction refers to the transaction that a securities company accepts the same kind of B-share buying entrustment and selling entrustment, which is entered within one day to five minutes before the market closes and confirmed by the bridge-knocking trading system of the exchange, and is limited to the share transfer of different investors of the same securities company. And the number of each transaction must be more than 50 thousand shares.