China Settlement: Account verification is a regular business, not a special arrangement for checking OTC capital allocation
2025-05-14 14:51:58
According to the Shanghai Securities News, there have been some rumors recently interpreting the verification of China Clearing's account as a strict inspection of OTC capital allocation. The reporter learned from China Clearing that account verification is a routine business carried out by China Clearing in accordance with the practice of organizing some securities companies every quarter for many years, aiming to confirm whether investors' securities accounts are used with real names. There are no special arrangements for the so-called inspection of OTC capital allocation in online rumors. The speculation spread on the Internet is seriously inconsistent with the facts. (Jin Ten)
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