Introduction
The Stock Pledged Loan is a loan where the integrated securities company pledges its proprietary stock investment or securities investment fund for financing from Hua Xia Bank. 

Functions and Features
It provides funding support for normal business operation of the securities companies, broadens the securities broker's financing channel, and promotes the steady development of the capital market.

Target Clients
Full-service securities brokerage companies set up according to the Securities Law of the P. R. China and in compliance with regulations of the People's Bank of China and China Securities Regulatory Commission. 

Currency and Tenor  
RMB is the currency in service. The maximum loan tenor is 6 months. Upon expiration of the loan contract, the tenor is not eligible for rollover. The borrower may make early repayment through negotiation as per the lender’s permission. 

Interest Rate 
The loan interest rate is defined as per the benchmark interest rate and spread regulated by the People's Bank of China. The interest rate should be stated in the loan contract.

Application Materials
1) Corporate business licence, corporate code certificate, and ID of legal representative; 
2) Loan card (certificate) awarded by the People's Bank of China;
3) Financial statements of the prior year and the recent balance sheet, income statement, and cash flow statement audited by CPA (auditing) firm; 
4) Title certificates of the pledged property; 
5) General introduction of the underlying listed company; 
6) Other documents required by Hua Xia Bank.