China Securities Depository and Clearing Corporation: Account verification is a routine business, not a special arrangement for "checking off exchange fund allocation"

律动BlockBeats|May 14, 2025 14:46
According to BlockBeats, on May 14th, according to the Shanghai Stock Exchange, there have been some rumors recently interpreting the verification of Chinese settlement accounts as "strict investigation of off exchange fund allocation". The reporter learned from China Securities Depository and Clearing Corporation that account verification is a routine business organized by China Securities Depository and Clearing Corporation on a quarterly basis according to its long-standing practice, aimed at confirming whether investors' securities accounts are used under real names. There is no special arrangement for the so-called "off exchange fund allocation" in response to online rumors, and the speculation spread on the internet is seriously inconsistent with the facts. (Golden Ten)
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