What are the provisions for the change of stock rights of securities companies?

Legal analysis: Provisions on the change of stock rights of securities companies: If a securities company changes its shareholders holding less than 5%, it shall report to the local securities regulatory bureau in advance. The share transfer ratio of the shareholders of a securities company is less than 5%, but if the change of share rights leads to the situation that foreign investors directly hold or indirectly control the share rights of the securities company, it shall be reported to the China Securities Regulatory Commission for approval according to law.

Legal basis: Article 34 of the Regulations of the People's Republic of China on the Administration of Company Registration. Where a limited liability company changes its shareholders, it shall apply for registration of change within 30 days from the date of change, and submit the qualification certificate of the new shareholder or the identity certificate of a natural person. After the death of a natural person shareholder of a limited liability company, if his legal successor inherits the shareholder qualification, the company shall apply for change of registration in accordance with the provisions of the preceding paragraph. Where a shareholder of a limited liability company or a promoter of a joint stock limited company changes his name, he shall apply for registration of change within 30 days from the date of changing his name.