"On the night of the release of the rules, our team was busy until dawn!" A person from the Information Technology Department of a large brokerage told reporters.
As of the 21st, the Securities Times. Brokerage China reporters incomplete statistics found that at least nearly 50 brokerages, including CITIC Securities, , China Galaxy Securities, Haitong Securities, Guosen Securities, etc., have been online. The Beijing Stock Exchange makes an appointment to open the trading authority function. As for the official opening time of the Beijing Stock Exchange, a brokerage person predicted to reporters: "About mid-to-late October, during this period there is still a lot of system testing work to be done." Between 3.32 million households and 7.89 million households, there is an increase of several times compared with the present. The reporter learned that on the 22nd (Wednesday), the threshold for the innovation layer of the new third board of the equity transfer company from 1.5 million to 1 million will be officially effective, and the scale of investors in the innovation layer will also be expanded.
Nearly 50 brokerages launched the "account opening" function of the Beijing Stock Exchange.
Brokers are very busy this Mid-Autumn Festival.
On the evening of the 17th, the Beijing Stock Exchange issued the investor suitability management measures, and stated that investors can make an appointment to open the trading authority of the Beijing Stock Exchange from the date of the issuance of the rules. That night, a brokerage company deployed the system and launched related functions in the middle of the night. There were also brokerages who launched related functions in the early morning of the next day. Soon after the function went live, many investors successfully made an appointment to activate the trading authority function of the Beijing Stock Exchange.
Securities Times. Brokerage China reporter was informed that more brokerages in the future have also launched related functions one after another. As of the 21st, nearly 50 brokerages symmetrically claimed to have launched related functions. These brokers include CITIC Securities, Galaxy Securities, Haitong Securities, Guotai Junan, Guosen Securities, CICC Fortune, CITIC Construction Investment, GF Securities, China Merchants Securities Securities span8span, Founder Securities, Huatai Securities, etc.
The reporter noticed that many brokerages have set up a knowledge evaluation link in addition to meeting the 500,000 yuan assets and the rigid conditions for participating in securities trading for 2 years. If the required score is not reached in the knowledge assessment link, it will need to be reassessed.
It is understood that the brokers that currently claim that they can make an appointment to open the trading authority of the Beijing Stock Exchange can be divided into two situations: one is that the system has fully supported the opening and submission of the authority. After the investor submits the appointment application successfully, the broker will After the data is uniformly submitted to the Beijing Stock Exchange, the authority can be truly activated. Another situation is that the customer just does a simple registration, and when the authority can be opened, the broker will notify the investor to open it.
A brokerage person told reporters that the number of investors with their own brokerages' NEEQ authorization is relatively large, and they are not too worried about the number of investors on the Beijing Stock Exchange. Previously, the thresholds for the NEEQ base layer , innovation layer, and selection layer were 2 million, 1.5 million, and 1 million, respectively. Investors who have previously opened any of the above permissions now meet the threshold conditions of the Beijing Stock Exchange. Now that the threshold has been lowered, brokerages are fighting for incremental investment customers.
Beijing Stock Exchange potential investors may be close to 8 million
The threshold for qualified investors of Beijing Stock Exchange is set to 500,000, which is lower than the 1 million threshold of the previous selection layer, and investment will follow. The expansion of the scale of the participants.
Essence Securities Science and Technology Innovation Board and NEEQ Chief Analyst Zhu Haibin said that as of the end of 2020, the number of individual investor households of NEEQ was 1.658 million. According to the data on the structure of investor holdings at the end of 2020 on the Shanghai Stock Exchange, There are 3.32 million investors with a market value of more than 500,000. Taking into account the market value of the Shenzhen Stock Exchange and other financial assets of investors, there will be more investment accounts that meet this standard. In fact, as of July 2021, the cumulative number of accounts opened on the Sci-tech Innovation Board with the same threshold of 500,000 has reached 7.89 million.
"Considering the new positioning and attractiveness of the Beijing Stock Exchange, we expect that there will be more investors in the Beijing Stock Exchange than 3.32 million.It is estimated that the number of accounts opened on the Beijing Stock Exchange may be between 3.32 million and 7.89 million, which is several times higher than the current number. It is expected that the number of innovative layer accounts will also increase substantially. The number of investor households and the market scale increase, and the liquidity of the selected layer is expected to usher in a greater improvement. "Zhu Haibin believes.
Non-banking chief of China Securities Securities, Zhao Ran, said that by lowering the investor threshold, the Beijing Stock Exchange and the NEEQ innovation layer can attract more individual investors, thereby eliminating liquidity risks and enhancing trading activity.
During the Mid-Autumn Festival holiday, the securities companies conducted system tests. The stock transfer company requires that after the technical system goes online, each securities company shall conduct a system test on the next trading day (September 2021). June 22) to carry out data reporting and transaction authority control in accordance with the latest investor suitability business rules. "This means that the 1.5 million threshold for the innovation layer will be officially changed to 1 million, and investors will expand." The explanation stated.
Source: Securities Times
.-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-