What is the securities company?

With the gradual disclosure of the data in the 20 17 interim report, the securities company has become one of the focuses of attention, and many investors' eyes have been attracted by the shareholding list of the securities company 20 17. We should know that the whereabouts of the national team reflects the attitude of the main institutions to the A-share market. There may still be many investors, especially new investors, who don't know what a securities company is and what it does.

1. What is a securities company?

The full name of the securities company is China Securities Finance Co., Ltd., registered at 20 1 1. It is a securities financial institution established by Shanghai Stock Exchange, Shenzhen Stock Exchange and China Securities Depository and Clearing Co., Ltd. with the approval of the state and the China securities regulatory authorities. Is the securities company a national team?

In fact, as for what kind of securities companies are, everyone can manage their money as the China version of the "stabilization fund". According to the announcement 17 issued by the CSRC on 20 15, it can be considered that the Chinese-style stabilization fund is "liquidity support from securities companies and central banks".

2. What does a securities company do?

The business scope of securities companies: providing refinancing of funds and securities for margin financing and securities lending business and raising funds and securities for refinancing business; Other businesses approved by the China Securities Regulatory Commission according to law. (Projects subject to approval according to law, after being approved by relevant departments, shall carry out business activities according to the approved contents. )

Through the introduction of the business scope of the above-mentioned securities companies, everyone has a certain understanding of what securities companies do. As a national securities financial institution, securities companies are the only financial institutions engaged in "refinancing business" in China, providing supporting services for securities companies' margin financing and securities lending business. If you understand correctly, investors who play leverage in the two financial institutions must first go to the securities company. Stock holding list of securities companies 20 17

Editor's Note: Through the answers to the above two questions, I believe investors have a deeper understanding of securities companies.