Extended data:
The main scope of work of China Securities Depository and Clearing Corporation:
Shanghai Stock Exchange and Shenzhen Stock Exchange are two shareholders of the company, each holding 50% of the shares. According to the relevant provisions of the Securities Law and the Measures for the Administration of Securities Registration and Settlement, China Clearing performs the following functions:
● Establishment and management of securities accounts and settlement accounts;
● Depository and transfer of securities;
● Register of securities holders and registration of rights and interests;
● Clearing and settlement of securities and funds and related management;
● Distribution of securities rights and interests entrusted by the issuer;
● Providing inquiry, information, consultation and training services related to securities registration and settlement business according to law;
● Other businesses approved by China Securities Regulatory Commission.
China Securities Depository and Clearing Co., Ltd., referred to as "China Clearing Company".
China Securities Depository and Clearing Co., Ltd., referred to as "Central Clearing Company".
In addition, Shanghai Securities Central Registration and Clearing Corporation is a non-profit securities registration and clearing institution established by Shanghai Stock Exchange to provide centralized depository, settlement and delivery services for securities issuance and securities trading activities.
China Clearing Company and Securities Registration and Clearing Company are the same.
It's the same company with a different name.
The full name is: China Securities Depository and Clearing Co., Ltd., abbreviated as: China Clearing Company.
With the approval of China Securities Regulatory Commission, China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as China Clearing Co., Ltd.) was established as a non-profit enterprise legal person on March 30th, 20001year according to the provisions of People's Republic of China (PRC) Company Law (hereinafter referred to as the Company Law) and People's Republic of China (PRC) Securities Law (hereinafter referred to as the Securities Law).
Shanghai Stock Exchange and Shenzhen Stock Exchange hold 50% shares of the company respectively. From 200 1, 1 and1,all the securities registration and settlement businesses undertaken by the Shanghai and Shenzhen Stock Exchanges were placed under the responsibility of China Clearing, forming a centralized and unified securities registration and settlement system in China as stipulated in the Securities Law.