you need to open an account first. If you want to open an account, you can go to the counter of the business department of the securities company, and the salesperson at the counter will help you with related matters. At present, some bank counters that have opened bank-securities links can also open accounts as agents. The specific process can refer to the following steps:

If investors want to enter the market, they should open a securities account card in advance. Open Shenzhen securities account card and Shanghai securities account card respectively.

(I) handling Shenzhen and Shanghai securities account cards

Shenzhen securities account cards

Investors: You can handle it through the local securities business department or securities registration institution, and you need to provide your valid ID card and a copy. If you entrust someone else to act as an agent, you also need to provide your agent's ID card and a copy.

legal person: handle it with business license (and photocopy), power of attorney of legal person, certificate of legal representative and ID card of the agent.

securities investment funds and insurance companies: to open an account card, you need to go directly to Shenzhen Stock Exchange.

account opening fee: individual 5 yuan/each account; Institution 5 yuan/per account.

Shanghai Securities Account Card

Investors: You can go to the account opening agencies of Shanghai Securities Central Depository and Clearing Corporation in various places to go through the relevant procedures for applying for opening a securities account, and bring along valid identity documents and photocopies.

legal person: the original or photocopy of the legal person's business license, or the original and photocopy of the legal person registration certificate issued by the civil affairs department and other competent departments are required; Power of attorney of the legal representative and the valid identity certificate of the agent and its copy.

entrusting others to do it: the identity certificate of the agent and its copy, and the power of attorney of the client must be provided.

account opening fee: personal paper card 4 yuan, personal magnetic card local 4 yuan/each account, remote 7 yuan/each account; Institution 4 yuan/per account.

(II) Opening an account in the securities business department

After handling the Shenzhen and Shanghai securities account cards, investors should first open an account in the securities business department before buying and selling securities in the securities business department, mainly at the business counter of the securities company's business department or the designated bank branch, and then they can buy and sell securities.

Procedures for opening an account in the securities business department

(1) When an individual opens an account, the original and photocopy of the ID card and the original and photocopy of the securities account card in Shenzhen and Shanghai are required.

if it is an agent, it is also necessary to sign the power of attorney at the same time as the client, and provide the original and copy of the agent's ID card.

to open an account with a legal person institution: the legal person business license and its copy shall be provided; Certificate of legal representative; Original and photocopy of the securities account card; The original and photocopy of the legal person's power of attorney and the licensee's ID card; Unit reserved seal. To open a B-share account, it is also necessary to provide overseas business registration certificate and director's certification documents

(2) Fill in the account opening information and sign the Securities Trading Entrustment Contract (or the Securities Entrustment Agreement) with the securities business department, and sign the Designated Trading Agreement on the Shanghai Stock Exchange.

(3) The securities business department opens fund accounts for investors

(4) Investors who need to open the bank-securities transfer business function of the securities business department should pay attention to the instructions of the securities business department on the use of such business functions.

Choose the trading method

When opening an account, investors need to choose their own trading methods and deposit and withdrawal methods in the future, and sign corresponding opening procedures and agreements with the securities business department. For example: telephone entrustment, online trading, mobile phone stock trading, bank-securities transfer, etc.

(III) Opening an account with Bank-Securities Connect

You need to go through the relevant procedures at the bank to open Bank-Securities Connect.

The steps for opening an account are as follows:

1. Opening an account at a bank outlet: Go to a bank outlet that has opened the "Bank-Securities Connect" business with my valid ID card, the bank passbook with the same name (if not, you can open it on the spot) and the Shenzhen-Shanghai shareholder code card.

2. Fill in the form: Fill in the Agreement on Entrusted Securities Trading and the Agreement on Entrusted Silver Securities.

3. password setting: after the form is verified correctly, enter the transaction password on the spot and receive the customer's copy of the agreement. You can query and entrust transactions.

(Note: for details, see the chapter on "Bank-Securities Link" later)

(4) General procedures for opening an account for B shares

Step 1: Transfer the cash deposit and foreign currency cash deposit to the B-share margin account of the securities firm in the same city and peers with my valid identity certificate. Domestic commercial banks shall issue receipts to domestic residents and statements to securities institutions; Step 2: Open a B-share capital account with my valid identity certificate and my voucher, and the minimum amount for opening a B-share capital account is equivalent to $1,;

Step 3: With the newly-opened B-share capital account, apply to the securities institution to open a B-share stock account.

Shenzhen B-share account opening

Shenzhen Branch of China Securities Depository and Clearing Corporation, as the legal registration institution of Shenzhen B-share, is responsible for opening accounts for B-share investors. At the same time, some securities business departments, some banks or other agent account opening points are authorized to open B-share accounts. At present, online real-time B-share account opening allows domestic and foreign individuals, overseas agents and overseas general legal persons to open accounts. Some securities business departments, as agents for Shenzhen B-share account opening, can also handle B-share account opening business. Investors can go to the securities business department qualified to engage in B-share business of Shenzhen Stock Exchange and the account opening agency entrusted by Shenzhen Stock Exchange to handle B-share securities accounts. Account opening:

1. Domestic individual investors are required to submit:

(1) foreign exchange fund deposit voucher with an amount of over HK$ 7,8 (equivalent to US$ 1,) and its copy;

(2) Identity cards of domestic residents and their copies.

note: domestic individual investors must handle B-share account opening in person, and may not be handled by others. Domestic legal persons are not allowed to handle B-share account opening. Overseas individual investors can entrust others to act on their behalf, and each investor can only open one account.

2. Overseas individual investors are required to submit:

overseas resident identity cards or passports, other valid identity documents and their copies.

3. To open a B-share securities account, an overseas institutional investor must provide: business registration certificate, power of attorney, director's identity certificate and its photocopy, and identity certificate of the manager and its photocopy.

account opening fee: HK$ 12 per household; 58 Hong Kong dollars per household for institutional investors.

opening a B-share account in Shanghai Stock Exchange

With the certificate of B-share capital account, members of Shanghai Stock Exchange who are qualified to operate B-shares in China apply for opening a B-share account. When you open an account, you must submit:

my valid identity certificate, a bank deposit voucher of over US$ 1,, an Application Form for the Registration of Domestic Residents of Shanghai B Shares and other materials that Shanghai Stock Exchange and the registration company deem necessary.

account opening fee: domestic residents who open a B-share account should pay the handling fee according to the regulations. The handling fee is charged at the standard of $19 per household.

Opening a B-share account in the securities business department

Investors should open a B-share margin account in the securities business department under a securities company:

Investors should provide one original and one copy of the following documents, and sign all relevant account opening documents, with seals or passwords reserved:

(1) Confirmation of B-share shareholders' accounts (namely B-share code cards);

(2) the valid identity certificate of the individual or the valid business license of the institution, the power of attorney signed by the legal representative of the institution and the identity certificate of the entrusted agent;

(3) notarized certificate that the head of the household who opened the account on behalf of the agent granted the agent various rights.

(4) The Shanghai Stock Exchange must handle designated transactions.