What is a brokerage license?

1 is a business license issued by the CSRC to carry out brokerage business. Only after the approval of the CSRC can brokers be allowed to carry out corresponding business.

2. Securities companies have many licenses, such as securities underwriting, sponsorship business, securities brokerage business, securities self-operated business, securities investment consulting business, financial consulting business related to securities investment activities, securities asset management business, margin trading and so on. This may not mean that all securities companies have full licenses.