南京证券

Nanjing Securities
WikiStock Rating	⭐⭐⭐⭐
Account Minimum	A-share account (￥40 for Individuals, ￥400 for Institutions)
Fees	0.3% (A-Share & B-Share)
Account Fees	No
Interests on uninvested cash	not specified
Margin Interest Rates	not specified
Mutual Funds Offered	Yes
App/Platform	Mobile App/PC
Promotions	No

What is Nanjing Securities？

　　Nanjing Securities was founded in December 1990 by the Nanjing Branch of the People's Bank of China. Company address is located in 389 Jiangdong Middle Road, Nanjing, China. The company provides stocks, funds, bonds, options, margin financing, OTC, Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect, fund advisory and other securities services. However, it is not clear on the disclosure of the costs and it is also inadequate in providing efficient customer service channels.

Pros and Cons of Nanjing Securities

　　The brokerage enjoys a strong reputation, is regulated by authorities, provides kinds of investment trading options, and implements robust security measures to ensure the safety of both accounts and funds. However, it is not clear on the disclosure of the costs , and it is also inadequate in providing professional educational resources and efficient customer service channels.

Is Nanjing Securities safe？

　　Yes, Nangjing Securities is regulated. It is effectively regulated by regulators and offers Margin Interest . However, it is advisable to thoroughly research and consider before participating in trading activities to ensure a safer and more secure trading experience.

What are securities to trade with Nanjing Securities？

　　The business scope of Nangjing Securities covers stocks, funds, bonds, options, margin financing, OTC, Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect, fund advisory and other securities services.

　　Retail wealth management business: The brokerage business of the company has built a four-in-one trading service system consisting of business outlets, “Xinetong” online trading terminal, “Golden Compass” mobile phone mobile client, and 95386 customer service center, providing investors with a full range of professional and efficient investment and financing comprehensive financial services such as securities trading and investment consulting.

　　Enterprise integrated financial business: Including equity financing, debt financing, equity investment, asset management, shareholder comprehensive services and other services to help corporate customers make full use of the development of the capital market.

　　Investment banking: The scope of the company's services includes initial public offering (IPO), non-public offering of shares, rights offering, issuance of convertible bonds and other underwriting and sponsorship business, assisting clients to obtain the necessary funds for development through equity financing and obtain the capital operation platform.

　　Fixed income business: Based on macro analysis and from the perspective of major asset allocation, the company uses its own funds to invest in and trade various FICC financial instruments in the interbank bond market, exchanges and other markets, and engages in market making services in the interbank bond market and distribution of debt financing instruments for non-financial enterprises.

　　Asset management business: It takes product as the driving, customer as the center, investment research ability as the core of the trinity of integrated business system

　　Futures business: The three businesses of asset management platform, active management and wealth management have developed in synergy, and strive to provide a series of asset management services such as issuance channel, risk control, fund raising and investment advisory screening for investment advisers and client assets across the country.

Nangjing Securities Fees Review

　　Nangjing Securities offers a comprehensive fee structure for various financial products.

　　Shanghai Stock Exchange

　　For A-shares, the commission is capped at 0.3% of the transaction value with a minimum charge of 5 yuan. Transfer fees are 0.01‰ for both buying and selling, while depository receipts incur a 0.02‰ fee. A 0.5‰ stamp duty applies to the selling party. B-shares have a maximum commission of 0.3% with a minimum of 1 USD, and a settlement fee of 0.02‰ (capped at 50 USD) applies to both transactions. The stamp duty remains at 0.5‰ for the seller.

　　Fund trading commissions are limited to 0.3% with a 5 yuan minimum, while bond commissions are capped at 0.02% with a 1 yuan minimum. Shanghai bond repurchase agreements have tiered commission rates based on duration, ranging from 0.01‰ for one day to 0.3‰ for periods exceeding 28 days. ETF creation and redemption fees are limited to 0.5% of the unit value. The transfer fee for component securities is 0.5‰ of the stock's face value, with a 50% discount when using stocks or depository receipts for ETF transactions. This fee structure is designed to accommodate diverse investor needs while adhering to regulatory standards.

　　Shenzhen Stock Exchange

　　For A-shares, the commission is capped at 0.3% of the transaction value, with a minimum charge of 5 yuan. A 0.5‰ stamp duty is applied to the selling party. B-share transactions have a maximum commission of 0.3%, with a minimum of 5 HKD. A settlement fee of 0.02‰ is charged on both buy and sell transactions, capped at 500 HKD, and a 0.5‰ stamp duty is levied on the seller.

　　Fund trading commissions are limited to 0.3% with a 5 yuan minimum. Bond commissions in the Shenzhen market are set at a maximum of 0.02% for most bonds, while convertible bonds are capped at 0.1%. Shenzhen bond repurchase agreements have tiered commission rates based on duration, ranging from 0.01‰ for one day to 0.3‰ for periods exceeding 28 days, all with a minimum commission of 0.1 yuan.

　　ETF creation and redemption fees are limited to 0.5% of the unit value. The transfer fee for component securities is 0.5‰ of the stock's face value, with a 50% discount when using stocks or depository receipts for ETF transactions. This comprehensive fee structure is designed to cater to diverse investor needs while ensuring compliance with regulatory standards.

　　Shenzhen-Hong Kong Stock Connect

　　The commission is capped at 0.3% of the transaction value, with a minimum charge of 5 HKD. A 0.1% stamp duty is applied to both buying and selling transactions, rounded up to the nearest dollar with a minimum of 1 HKD. Additional fees include a 0.027‰ trading levy and a 0.0565‰ trading fee, both charged on both sides of the transaction.

　　A share settlement fee of 0.02‰ is applied to both buy and sell orders, with a minimum of 2 HKD and a maximum of 100 HKD per side. The Accounting and Financial Reporting Council (AFRC) levy is set at 0.0015‰ for both buying and selling.

　　Nanjing Securities also implements a tiered annual portfolio fee based on the total market value of Hong Kong stocks held. The rates range from 0.08‰ for portfolios up to 50 billion HKD, decreasing to 0.03‰ for portfolios exceeding 1 trillion HKD.

　　Option ETFs

　　The trading commission is capped at 10 yuan per contract, applied to both buy and sell transactions. For option exercises, the commission is also limited to 10 yuan per contract, charged only to the party exercising the option.

　　In addition to commissions, several transaction-related fees apply. A trading handling fee of 1.3 yuan per contract is levied on both sides of the transaction. The clearing and settlement fees include a trading settlement fee of 0.3 yuan per contract for both buying and selling, and an exercise settlement fee of 0.6 yuan per contract, charged only to the exercising party. Notably, Nanjing Securities does not impose an exercise transfer fee for ETF options.

　　Beijing Stock Exchange

　　For A-shares and listed company stocks, the commission is capped at 0.15% of the transaction value, with a minimum charge of 5 yuan. A share transfer fee of 0.01‰ is applied to both buying and selling, while a 0.5‰ stamp duty is levied on the selling party.

　　A-share and listed company convertible bonds have a maximum commission of 0.15%. Delisted securities carry a commission of up to 0.3%. For bonds, the commission is capped at 0.02% of the transaction value.

　　In the delisted board sector, A-share commissions are limited to 0.3% with a minimum of 5 yuan, and the 0.5‰ stamp duty applies to sellers. B-share transactions have a maximum commission of 0.4%, with a 0.5‰ stamp duty for sellers and a 0.02‰ settlement fee for both buyers and sellers, capped at 50 USD per transaction.

　　Securities Account Opening

　　For A-share accounts, individuals are charged 40 yuan, while institutions and products incur a 400 yuan fee. Shanghai B-share accounts cost 19 USD for individuals and 85 USD for institutions. Shenzhen B-share accounts are priced at 120 HKD for individuals and 580 HKD for institutions. Closed-end fund accounts have a uniform fee of 5 yuan for both individuals and institutions. Credit securities accounts mirror the A-share account fees.

　　For non-trading transfers of circulating A-shares, a transfer fee of 1‰ of the face value is charged to both parties, capped at 100,000 yuan. A stamp duty of 0.5‰ is levied on the transferring party based on the transaction amount.

　　Pledge registration fees for stocks are tiered: 1‰ of the face value for the first 5 million shares, and 0.1‰ for any amount exceeding 5 million shares. For bonds and funds, the rates are 0.5‰ and 0.05‰ respectively, following the same tiered structure.

Nangjing Securities App Review

　　Nanjing Securities Gold Compass is a one-stop intelligent investment comprehensive service platform carefully created for investors by Nanjing Securities, a fully licensed listed brokerage. Gathering intelligent accounts, asset view, super Level-2 market, trading points, self-selected stock grouping, Dr. Jin, Jinling, market thermometer, industry rotation, good artefact, minesweeper, intelligent diagnosis, intelligent gazing, intelligent stock selection, multiple shares in the same column, individual stock notes, Dragon and Tiger list, block trading, short-term radar, similar K-line, long and short signals, analog stock trading, voice verification Financial mall, Star investment management, high-end financial management, new shares and new bonds, national debt reverse repurchase zone, fingerprint unlock, online customer service, dynamic ICONS, individual stock diagnosis, panoramic plate, individual stock live broadcast, OCR import self-selected stocks, investment calendar, information stock selection, star investment management, star disk and many other functions

Customer Service

　　The company can be contacted at jjin@njzq.com.cn by email or 86-25-83367888 by call for any inquiries or assistance.

Conclusion

　　In conclusion, Nanjing Securities, established in 1990 by the Nanjing Branch of the People's Bank of China, has developed a strong reputation and operates under rigorous regulatory oversight. Located at Jiangdong Middle Road in Nanjing, China, the company offers a comprehensive range of securities services including stocks, bonds, options, and various cross-border trading opportunities through platforms like the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects. While it has robust security measures to protect accounts and funds, improvements could be made in areas such as customer support and educational resources.

FAQs

　　Is Nanjing Securities safe to trade with？

　　Yes, Nanjing Securities is considered safe for trading. It operates under stringent regulatory oversight and offers various measures to ensure the safety of accounts and funds. Due diligence is still recommended for any trading activities.

　　Is Nanjing Securities a good platform for beginners？

　　Nanjing Securities may present certain challenges for beginners, given limited customer support options and the noted absence of extensive professional educational resources that can facilitate the learning process.

　　Is Nanjing Securities legit？

　　Absolutely, Nanjing Securities is a legitimate brokerage. It was established by the Nanjing Branch of the Peoples Bank of China in December 1990 and has maintained a strong reputation in the securities services domain, backed by effective regulation in China.

　　Is Nanjing Securities good for investing/retirement？

　　Nanjing Securities offers various services, including retail wealth management and enterprise integrated financial business, which can potentially cater to long-term investment strategies such as retirement planning. However, their service suitability for investing or retirement planning would depend on individual circumstances and the clarity of fee structures and costs associated with their services.

Risk Warning

　　The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.