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China Settlement: Account verification is routine business and not a special arrangement for "checking over-the-counter financing".
On May 14, according to the Shanghai Securities News, there have been recent rumors interpreting the verification of China Settlement accounts as a "strict investigation of off-exchange financing." Journalists learned from China Settlement that the account verification is a routine business organized by China Settlement every quarter in accordance with years of practice, aimed at confirming whether investors' securities accounts are used in real name. There are no special arrangements targeting the so-called "investigation of off-exchange financing" as rumored online, and the speculations circulating online are seriously inconsistent with the facts. ( Jin10 )