Generally, a new account can be opened on the same day after the account is successfully closed. You should prepare your ID card and bank card, download the account opening software, and follow the instructions of the software to complete the account opening within a few minutes. Securities accounts can be opened on the official website platform of securities firms or in the sales department. Now brokers also support opening accounts on mobile APP trading software! Cost price can save your transaction cost! Commissions are now close to direct costs.
Stock cancellation refers to the company recycling specific stocks and destroying them. As a result, the number of shares in the company will decrease. The method of stock cancellation, (1) forced cancellation. Regardless of the wishes of shareholders, shareholders are required to provide shares by lottery, and the company returns its share capital and cancels the recovered shares. (2) Cancel at will. After consulting with shareholders and obtaining their consent, the company will recover its own shares and cancel them. (3) paid termination. The cancellation of payment of equivalent funds to shareholders can be divided into two situations: cancellation with company profits and cancellation with company capital. (4) Free cancellation. The cancellation of non-payment of shareholders' funds leads to a decrease in the number of shares, but the company's capital does not decrease.