The collective clearance of several securities firms to transfer the quoted shares of CSC may be a unified requirement.

[a number of brokerages collectively clear their positions to transfer the quoted shares of CSI or for a unified requirement]-recently, brokerages, including Northeast Securities, Pacific Securities, Chuangchuang Securities, and Southwest Securities (transferred in the announcement last year), have all indicated that they intend to transfer all their quoted shares in CSIC. Some securities firms have made it clear that the transferee will be produced in five units, such as the Shanghai and Shenzhen exchanges and China Clearing. The reporter learned that this may be a unified requirement, but the specific purpose is not clear. The CSRC quotation is a financial institution approved by the CSRC, and its main work is to monitor the over-the-counter business. Shareholders include the Shanghai and Shenzhen exchanges and dozens of brokerages. A few years ago, some securities firms said when offering shares in China Securities Exchange that this was conducive to the development of the company's over-the-counter market business, expansion of multi-level capital market layout, and corresponding investment returns. (Securities Times)