20 January 2019

Central platform eyed for securities accounts, paper says

Investors will soon be able to manage different securities accounts on a single platform, Shanghai Securities News reported Friday, citing the China Securities Depository and Clearing Corp. Ltd. The move is part of efforts to cut costs and raise efficiency. The securities clearing house has been working on a system that will allow investors to manage their A and B-share accounts, closed-ends funds, open-end funds and other securities on a unified platform, the report said.

– Contact HKEJ at [email protected]



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