What is the threshold for CITIC Securities to open an account for margin financing and securities lending?

At present, customers who apply for margin financing and securities lending business from CITIC Securities Company need to meet the following conditions: 1) They can open securities accounts in compliance with laws and regulations and relevant business rules of China Securities Depository and Clearing Co., Ltd.; 2) Having opened an ordinary account with CITIC Securities Company for more than 18 months (inclusive), and having no bad records; 3) The asset value of the customer's account opened with CITIC Securities Company reaches a certain scale (the asset value of individual customer account is more than 500,000 yuan, and the asset value of institutional customer account is more than 654.38+00,000 yuan); 4) There is no outstanding debt owed to CITIC Securities Company. If the customer meets the above conditions (remind you to pay attention to the account opening time and asset size) and passes the margin financing and securities lending test, individual customers should bring their valid identity documents, Shanghai and Shenzhen shareholder account cards and relevant credit certificates (please consult CITIC Securities Sales Department for details) to open an account at CITIC Securities Sales Department. More questions about CITIC Securities' margin financing and securities lending can be asked here.