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ByteDance's stock app in China now allows real trading

By Phate Zhang
Apr 15, 2020 at 6:55 PM UTC
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ByteDance's stock app in China now allows real trading-CnTechPost

ByteDance's stock app Dolphin Stock is now available for account opening and real trading, according to the Shanghai Securities News.

Dolphin Stock has been operating as a stock market application for a long time, but it began to push the beta version to some users at the beginning of this year. The beta version can directly open accounts and make real trading.

After downloading the Dolphin Stock APP, ordinary users can also open account opening and real trading functions through application.

, Dolphin Stock is a software that provides securities and financial information and market data, including intelligent highlighting, high-speed market, business analysis and other highlights.

In the external publicity, Dolphin Stock is just an app for information and market information and does not involve stock account opening and real trading.

Earlier this year, users of Dolphin Stock said that Dolphin Stock had a closed beta version, on which stock account opening and real trading can be performed.

Now download the Dolphin Stock APP from the application store, and still can't see the entrance of stock account opening and real trading. For ordinary users, Dolphin Stock does not actively push this feature.

However, users can apply for activation from the customer service of Dolphin Stock. If the user initiates a request to activate this function, the corresponding function will be activated. After opening, you can see the account opening entrance, as well as the entry of real trading.

Three brokers have settled in, the commission is as low as ten thousand

At present, three brokers, Haitong Securities, Guoxin Securities and Guosheng Securities, have entered Dolphin Stock.

On the account opening page, the Shanghai Securities Journal reporter noticed that the commissions for the new account opening transactions of the three securities companies are all 0.012%, and some new account opening users of securities firms can also purchase financial products with an annualized income of about 6%.

Dolphin Stock is fully connected with ByteDance, using an account link.

Some securities brokerage insiders said that taking advantage of ByteDance's huge traffic advantages may bring a certain amount of incremental customer resources to cooperative brokers. However, some people in the industry are not optimistic about this mode of cooperation.

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