At present (as of 65438+February 24th), the share price of China Mobile Hong Kong stocks is HK$ 47.50, or about RMB 38.77 per share. A-share issue price premium is nearly 50%.
A-shares, that is, RMB ordinary shares, are ordinary shares issued by companies registered in China and listed in China and priced in RMB for domestic institutions, organizations or individuals (Hong Kong, Macao and Taiwan residents can open A-share accounts from April 13) to subscribe and trade in RMB.
The English letter A has no practical significance, but is only used to distinguish ordinary RMB stocks from special RMB stocks.
A shares are not physical shares. Electronic recording, paperless, implementation of "T+ 1" delivery system, price limit (10%). The participating investors are Chinese mainland institutions or individuals. The stocks of listed companies in China include A shares, B shares, H shares, N shares and S shares. On June 27, 2020, the CSRC issued a notice to the securities and futures exchanges, which were closed on June 38, 2020 and opened as usual on February 3.
According to the different places of listing and investors, the stocks of listed companies in China are divided into A shares, B shares and H shares.
The official name of A-shares is RMB ordinary shares, which are issued by companies registered in China and listed in China, and denominated in RMB for individuals and institutions in China (excluding Hong Kong, Macao and Taiwan) to trade and subscribe in RMB.
On June 5, 2005, 165438+ The People's Bank of China jointly issued the Interim Measures for the Administration of Domestic Securities of Qualified Foreign Institutional Investors, allowing qualified foreign institutions approved by the CSRC and the State Administration of Foreign Exchange to invest in A shares.
A shares are also called RMB common shares, tradable shares, public shares and common shares. Refers to the common stock registered in Chinese mainland and listed in Chinese mainland. Subscribe and trade in RMB.
A shares are not physical shares. Electronic recording, paperless, implementation of "T+ 1" delivery system, price limit (10%). The participating investors are Chinese mainland institutions or individuals.
Personal account opening
1. Information required for individual investors to open A-share securities accounts:
1. Original resident ID card of the securities account holder;
2. Original securities account card (not required to open a new securities account).
Two. Instructions for individual investors to open accounts for A-share securities:
1./kloc-A natural person under the age of 0/6 may not open a securities account;16-/kloc-A natural person under the age of 0/8 shall provide proof of income when applying for opening a securities account;
2. To open a securities account, you need to go to the counter of the securities company in person. If you entrust others to open a securities account, you must also provide a notarized power of attorney and the original valid identity certificate of the agent (if the client's ID card is a second-generation card, you must provide a copy of the front and back of the ID card);
3. When opening a securities account, you need to fill in the Signature Form of Securities Trading Account Opening Documents and the Risk Tolerance Assessment Questionnaire for Securities Customers;
4. If the customer has never opened a securities account, it is required to fill in the Application Form for Registration of Natural Person Securities Account;
5. If the customer is investing in the stock market, he/she needs to fill in the Share Transfer Risk Disclosure;
6. To handle the third-party depository of banks, it is necessary to fill in the Agreement on the Third-Party Depository of Customer Transaction Settlement Funds, and at the same time, the securities account holder will bring his/her bank debit card to the counter of bank outlets for confirmation. If there is no such bank debit card, just go to the bank counter to apply for a new debit card;
7. Securities account opening fee: China Securities Depository and Clearing Corporation Shanghai Branch collects the securities account opening fee of 40 yuan/account, while China Securities Depository and Clearing Corporation Shenzhen Branch collects the securities account opening fee of 50 yuan/account, which is uniformly collected by the securities companies;
8. Shanghai A shares can open 20 securities accounts with one ID card, and Shenzhen A shares can open multiple securities accounts with one ID card.
Institutional account opening
1. Information required for institutional investors to open A-share securities accounts:
1. 3 copies of business license (after annual inspection);
2. 3 copies of organization code certificate (after annual inspection);
3 copies of tax registration certificate;
4. Three copies of the ID card of the legal representative (front and back);
5. 3 copies of the agent's ID card (front and back);
The above copies must be stamped with the company's official seal and corporate seal, and at the same time, the company's official seal and corporate seal should be brought to the securities company to open a securities account.
Two. Instructions for institutional investors to open accounts for A-share securities:
1. When opening a securities account, you need to fill in the Securities Trading Agreement for Institutional Clients and the Third Party Depository Agreement for Settlement Funds for Client Transactions;
2. If an institutional client has never opened a securities account, it is required to fill in the Application Form for Registration of Institutional Securities Account;
3. If institutional clients invest in the stock market, they need to fill in the risk disclosure of share transfer;
4. Securities account opening fee: China Securities Depository and Clearing Corporation Shanghai Branch collects the securities account opening fee of 400 yuan/account, while China Securities Depository and Clearing Corporation Shenzhen Branch collects the securities account opening fee of 500 yuan/account, which is uniformly collected by the securities companies;
5. Opening time of securities account: If a securities account is opened from 9: 00 to 15: 00 from Monday to Friday, the new account holder can get two paper shareholder account cards on the spot; At other time periods, including opening securities accounts on weekends, securities account cards can only be collected or delivered by express delivery on the next trading day, but this does not affect normal securities trading. This is because the application for securities account opening needs to be networked with China Securities Depository and Clearing Company, and Deng Zhong Company is closed on weekends;
6. Overseas enterprises shall not open A-share securities accounts. Qualified foreign institutional investors (QFII) need to directly open a securities account with China Securities Depository and Clearing Corporation.