FAQ
When can a newly opened A-share securities account be able to buy stocks?
Newly opened Shanghai A-share securities accounts and Shenzhen A-share securities accounts can only conduct designated transactions on the second trading day after the account is opened. Stocks can be purchased after the designated transaction is successful.
After completing the designated transaction procedures, when can I check the stock? When can I trade stocks?
Shanghai securities accounts implement a designated trading system. To conduct securities transactions, designated trading operations must be performed on the securities account. If the customer has conducted Shanghai stock securities transactions at other securities firms before opening an account in our department, he should first go to the other securities firms to cancel the designated transaction, and then go to our department to handle the designated transaction procedures. The Shanghai A-share account can handle the designated transaction procedures on the day (T day) when the designated transaction is cancelled. After the designated transaction is successful, you can buy and sell stocks, but the stocks originally held in the account cannot be seen until T + 1 day. The designated transaction procedures can only be processed on the second trading day (i.e. T+1 day) after the Shanghai B-share account cancels the designated transaction, and the stocks held in the original account can be queried on the third trading day (i.e. T+2 day) for stock trading.
Which trading orders can be canceled?
Trading orders can generally be canceled before the transaction is completed, except for the following orders:
1. Subscription for new shares; (one account can only subscribe once, repeated subscriptions are not allowed)
2. Subscription for additional issuance of new shares;
3. Other exchanges stipulate that orders cannot be canceled.
?
Dividends will be sent to the securities business department of the newly designated transaction
办理了深圳市场转托管，红利将发送到何处？
After the registration date, when securities are transferred to custody, bonus shares and dividends will still be sent to the original securities business department.
When securities transfer is handled before the registration date (including the registration date), the bonus shares and bonus dividends will be sent to the transferred securities business department.
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