Recently, the China Securities Regulatory Commission issued new regulations, allowing investors to open GEM accounts, thus investing in GEM listed companies. This paper introduces in detail the new regulations for opening an account on GEM, including the requirements, procedures and fees for opening an account.

I. New Rules for Opening an Account on Growth Enterprise Market

1, account opening requirements

(1) investors shall comply with the provisions of the Measures for the Administration of Investor Suitability of Securities Investment Funds, that is, they shall have the investor suitability level of securities investment funds above the second level;

(2) Investors must be in normal financial condition and have the ability to pay the investment funds of GEM;

(3) Investors should have full legal capacity;

(4) Investors should have a good credit record and have no major violations of laws and regulations.

2. Account opening process

(1) Investors should first apply to the securities company to open an account and provide relevant materials;

(2) The securities company examines the materials provided by investors and conducts identity verification;

(3) Investors need customer training to understand the investment knowledge of GEM;

(4) After the investor completes the training, the securities company will conduct a risk assessment and sign a risk disclosure according to the assessment results;

(5) The investor shall fill in the application form for opening an account and provide a copy of the ID card;

(6) Securities companies complete the audit, issue GEM accounts, and complete the account opening.

3. Account opening fee

(1) account opening fee: investors need to pay the account opening fee, generally 50 yuan;

(2) Maintenance fee: Investors need to pay the maintenance fee for GEM accounts every year. In general, the maintenance fee is 100 yuan;

(3) Transaction costs: Investors need to pay transaction costs, including commission, transfer fees and stamp duty. Generally, the transaction fee for each transaction is 2 yuan.

Dimensional contour

I. New Rules for Opening an Account on Growth Enterprise Market

1, account opening requirements

2. Account opening process

3. Account opening fee

This paper introduces in detail the new regulations for opening an account on GEM, including the requirements, procedures and fees for opening an account, which provides an important reference for investors to invest in GEM.

This paper introduces in detail the new regulations for opening an account on GEM, which provides an important reference for investors to invest in GEM. The new regulations require investors to have the second-class qualification of securities investment fund investors, have the ability to pay the investment funds of GEM, have full legal capacity, have a good credit record, and must not commit major violations of laws and regulations. The account opening process includes the following steps: investors apply to the securities company for account opening, customer training, risk assessment, and filling out the account opening application form. Account opening fee includes account opening fee, maintenance fee and transaction fee.