Admiralty Fortune successfully opened an account through SMS.

Because the Shanghai Stock Exchange is limited to three accounts.

Shareholders' accounts are divided into Shanghai account and Shenzhen account, while the number of accounts in Shanghai Stock Exchange is limited to three. Therefore, to open a new account with three Shanghai accounts, it is necessary to cancel one Shanghai account. There is no such requirement in Shenzhen Stock Exchange, so Ping An Securities can open new accounts, but it can only buy stocks listed in Shenzhen Stock Exchange.