What is the difference between QFII, fund, social security, brokerage and trust?

QFII - Qualified Foreign Investors. Approved by the China Securities Regulatory Commission (CSRC), foreign investors who can directly engage in securities trading in mainland China, mostly foreign investment banks and foreign funds.

Funds, all funds in the securities market, are initiated by a financial institution and bank cooperation, to citizens or other institutions to raise funds for investment, according to the investment objectives of bond-type, stock-type, hybrid, etc., according to the trading mode is divided into open and closed, according to the objectives and methods of collection is divided into public and private placement.

Social security is a state-run fund, collected from enterprises, institutions and individual employees for various social security payments, and its preservation and appreciation of the value of the way include eating interest and investment securities.

Brokerage firms are a kind of financial company that provides securities economic business for shareholders and also engages in self-management speculation.

Trust is another kind of financial company, the collection of idle capital entrusted loan out, or investment in industry, its own profit by charging commission fees and eat spread.