Opening an account is mainly at the business counter of the business department of a securities company or the account opening branch of a designated bank, and then securities can be bought and sold.
Account opening procedure
(1) An individual needs an original ID card and a copy of a bank card to open an account.
To open an account in a legal person institution: provide the legal person business license and its copy; Certificate of legal representative; Original and photocopy of the securities account card; The original and photocopy of the legal person's power of attorney and the licensee's ID card; Unit reserved seal. To open a B-share account, you must also provide an overseas business registration certificate and account books and documents to prove the directors' securities trading.
(2) Fill in the account opening information, sign a securities trading entrustment contract (or a securities trading entrustment agreement) with the securities business department, and sign a designated trading agreement at the Shanghai Stock Exchange.
(3) The securities business department opens a capital account for investors.
(4) Investors who need to open the bank-securities transfer business function of the securities business department should pay attention to the instructions on the use of such business functions by the securities business department.
Tip: the account opening time is trading time, Monday to Friday, 9: 00 am to 3: 00 pm, except legal holidays.