Category: Money tips Release Date: 2007-07-12
Capital account is currently open, open capital account, there are two types:
First, open an account at the brokerage office;
One is directly in the designated bank account.
Securities depositories
Securities depositories in securities depositories in the concept of property as a form of custody system is defined as a statutory registration body of the securities registration companies and their agents accept the commission to provide anonymous investors trading securities transfer, transfer and other non-trading shareholders of record changes, dividend payout and share various services such as account inquiries or report of loss, so that equity and equity to change a system can be finalized.
Pre-market depository
Distribution company will have issued share capital structure of the list of shareholders registered in disk form of newspaper companies, registered companies to provide shareholders according to the roster were credited to shareholders, "stock account." Listed before the required registration and settlement by the shareholders of the company will enter the exchange of data computer database.
After the listing after the listing of depository depository services, including transaction transfer, dividend payment, transfer of non-trading, the stock account query or report of loss and so on.
1. Trading transfer transaction is the transfer of bearer securities trading, the shares from the transferor account to the transferee account, thus completing the process of change to shareholders of record.
2. Dividend dividend Shanghai Stock Exchange and Shanghai Securities Central Depository and Clearing Agent through transaction clearing system to distribute dividends of all listed companies in business. The Shenzhen Stock Exchange listed company rules of distribution of cash dividends: cash dividends distributed by listed companies in dividend to shareholders of record on the Shenzhen Stock Exchange Clearing Corporation has assigned to the designated account, and then by the Shenzhen Stock Exchange Clearing Corporation be designated R +3 into the position of the Trust securities institution account, and ultimately the Trust securities institutions in the R +5 assigned to investors at the custodians at the opening of the margin account.
3. In addition to non-trading transfer of bearer securities transactions go outdoors, as well as due to report the loss, notaries and other special causes of non-trading transfer. Bearer securities listed on non-trading transfer from the Shanghai and Shenzhen stock exchange belongs to the integration of registration and settlement companies.
4. Report the loss of stock due to the implementation of paperless flow of accounts, stock accounts, once lost, can report the loss provision requires handling procedures.
5. Stock Account Inquiry service to investors on their holdings in shares of doubt, the right to make inquiries. Stock query is limited to exchange-traded stocks, non-listed stocks will not be accepted queries.
