The shareholder account is also called the "Stock account". The registration code of an investor in a securities registration company shall be used to handle capital account and stock trading account at the securities firm. Every investor who enters the stock market is required to open a shareholder account. In China, individuals must hold an ID card to open a shareholder account, and corporations must provide a business license to open a shareholder account. The application for opening a shareholder's account must be filled in the application form and go through the relevant procedures.
The capital account of shareholders is the capital account that investors must deposit to handle entrusted trading of stocks at the securities firm. To open a capital account, an investor shall present his/her shareholder's account, personal ID card or legal person's business license. The amount of the account opening capital of the shareholders may be determined separately according to different entrustment methods and different periods. A securities firm usually pays interest on a shareholder's deposit in a capital account at the rate of demand deposit in a bank.
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