Stock trading Open Category

Stock trading Open Category: foreign exchange financial economy economic jargon stock terminology Edit entry Share Awakening social Sina microblogging Tencent microblogging network QQ space everyone happy Netease microblogging 001 End of the World Fetion space MSN mobile lobbyists Stock trading is the trading of stock investors in accordance with the market price of the issued shares listed. Stock transferable in the open spaces First Stock Exchange. China currently only two exchanges, the Shanghai Stock Exchange and Shenzhen Stock Exchange. Edit Summary Directory Stock market 2 Stock Exchange 3 stock issuance 4 types of stocks Stock Dividends Stock market 2 Stock Exchange 3 stock issuance 4 types of stocks Stock Dividends 6 clearing and settlement 7 ex-dividend The 8 stock trading account 9 References Stock trading - the stock market Stock market and strive upward stock market, also known as the secondary market or the secondary market, is the place of the stock issued and outstanding, it can be said that refers to the sale and transfer of the place of the stock issued. Stock transactions are realized through the stock market. In general, the stock market can be divided into one, two, one market, also known as stock issue market, secondary market, also known as the stock market. The stock is a marketable securities. Securities other than shares, including government bonds, corporate bonds, mortgage backed bonds and so on. State bonds appeared earlier, is the first to put into transaction valuable bonds. With the development of the commodity economy, and later the gradual emergence of stocks and other marketable debt securities. Therefore, the stock trading just a part of the price of the bond trading, the stock market is only one of several in the price of the bond market. Currently, few single stock market, stock market, but the stock in the stock market franchise. Stock exchange - Stock Exchanges The Shenzhen Stock Exchange was established centralized approval of the competent authority of government securities in accordance with the relevant state laws, the Securities and Exchange tangible place. Two: the Shanghai Stock Exchange and Shenzhen Stock Exchange in China. Stock Exchange is divided into two kinds of corporate system and membership. Both stock exchanges can be a government or public body funded operations (called public stock exchange), it can be privately funded operations (known as private stock exchange), you can also government and private co- funded operations (called public-private partnership of the Stock Exchange). Stock trading - stock issuance The stock issued to meet the conditions of the issuer in accordance with statutory procedures, the sale of shares to investors to raise funds in the process. Shares of stock issued by the Company, after approval by the relevant authorities, the publicly listed in the stock market (stock exchange) listing and trading activities. Stock must have traded on certain conditions, according to certain principles and procedures for the operation and functioning. Stock exchange - stock types The old version of stock a shareholder rights sub- 1, preferred stock: preferred stock is "ordinary shares" symmetrical. Shares issued by the Company's shares than ordinary shares have priority in the distribution of dividends and the remaining property. Preferred stock is also a period have the right credentials, the preferred shareholders are generally not in the middle of asking the company Divestment (a small number of redeemable preference shares exceptions). 2 ordinary shares Ordinary shares "Preferred Shares" symmetrical, with changes in corporate profits and changes in shares, the company's capital structure, the most common, the most basic of the shares, is a fundamental part of the shares of the enterprise funds. The basic features of the ordinary shares is based investment interests (dividend and bonus) is not at the time of purchase agreement, but afterwards to determine the company's operating real plot of the stock, the company's operating real plot, ordinary shares of income; operating The actual plot is poor, ordinary shares on low income. Ordinary shares is the most important in the capital structure of the AG, the most basic of the shares, and also is one of the greatest risk shares, but stocks in the most basic, the most common kind. 3, after the allotment After the rights issue stock interests or interest dividends and surplus property distribution than ordinary shares at a disadvantage, and the general redistribution of the remaining interest after the allocation of the ordinary shares. If the enormous profitability of the company, the number of shares to be issued after the allotment is very limited, and the purchase after the rights issue shareholders can obtain high returns. Rights issue after issue, the financing of the general funds not immediately generate revenue and restricted range of investors, so utilization is not high. At par in the form classification 1, bearer shares Bearer shares in issue, on the face of record with the names of the shareholders, and recorded in the company's register of shareholders. Bearer shares feature is the addition to the holders and the official agent or legal successor donee, anyone can not exercise its equity. Bearer shares can not be any transfer, the time of the transfer, both want the name of the assignee, address records in their par procedures for transfer, but also on the company's register of shareholders or the transfer can not be effective. Obviously this stock, security, fear of loss of advantages, but the transfer of cumbersome. This stock, who transfers, such as inheritance and gift behavior occurs immediately after the transfer behavior must apply for a transfer and other procedures. 2, bearer shares Such stock at issue in the stock does not record the names of the shareholders. Holders to transfer of shares, any person will also be entitled to the rights of shareholders held without otherwise way to prove their own shareholders eligible. Stock transfer procedure is simple, but it should also be realized through legal transactions of the securities market for sale. 3, the nominal value of shares The face value of the stock, referred to the amount of stock or the par value of the stock recorded in the stock on the face of a certain amount of money, such as per 100 yuan, 200 yuan. The amount of stock to stock with a par value, so that you can easily determine the proportion of each share in the AG. 4, no par value shares Also known as the proportion of stock or no par value stock. No par value stock issuance records only show that the proportion of total capital per share. Its value increase or decrease with the increase or decrease of the company's property. Therefore, the intrinsic value of such stock is always in a state of flux. The biggest advantages of this stock is to avoid the real assets of the Company and the nominal assets departure from the par value of the shares is often illusory, people are concerned about is not the par value of the shares, but the stock price. The issuance of this stock, demanding of management, financial accounting, legal responsibility, and therefore only the more popular in the United States, many countries do not allow issuance. Shares investment entities classified Shares of listed companies in China can be divided into state-owned shares and legal person shares and public shares. Formed by the department or agency of the state-owned stock index the right to represent the state investment of state-owned assets to the Investment Company shares converted into shares of state-owned assets to the company's existing. Since most of our joint-stock companies are former state-owned large and medium-sized enterprises from the restructuring, the state-owned shares in the company's equity account for a large proportion. The corporate stock index corporate enterprises or public institutions and social organizations with legal personality its assets to operate in accordance with the law to the flow of the equity portion of the investment company unlisted shares. At present, the shareholding structure of China's listed companies, corporate shares accounted for an average of about 20%. Public shares to individuals and institutions of our country, its legitimate property of the company can be traded for shares of the equity portion of the investment. Fourth, classified by place of listing A shares, B shares, H shares, N shares, S shares of stock of the New York Stock Exchange listed companies distinguish. This distinction is based primarily on the stock listed locations and investors face. The official name of the A shares of RMB common stock. It is issued by companies in China for domestic institutions, organizations or individuals (excluding Taiwan, Hong Kong and Macao investors) subscription and transactions in RMB ordinary shares. The official name of the B shares Renminbi Special Shares. It is based on the RMB value indicated subscribed and traded in foreign currencies, the Stock Exchange in China (Shanghai, Shenzhen). It is limited to investors: foreign natural persons, legal persons and other organizations, Hong Kong, Macao and Taiwan of natural persons, legal persons and other organizations, the Chinese citizens settled abroad, the China Securities Regulatory Commission and other investors. B shares at the present stage investors, mainly institutional investors in the above categories. B-share companies incorporated and listed in all the territory, but outside investors in China, Hong Kong, Macau and Taiwan. H shares registered in the Mainland, listing of foreign shares. English in Hong Kong is Hong Kong, whichever prefix, foreign shares listed in Hong Kong called H shares. And so on, New York's first letter is N, Singapore's first letter is S, New York and Singapore-listed stocks are called N shares and S shares. 5, according to the company performance categories Blue chip stocks is the good performance of the company's stock. In China, the main measure of blue chip stocks to investors means the file is the after-tax profit per share and return on net assets. In general, the after-tax profit per share in all listed companies in the upper position, the return on net assets after the listing of the company for three consecutive years significantly more than 10% of the stock was undoubtedly the blue chip stocks listed. Abroad, mainly referring to the blue chip stocks is an excellent performance and stable large-company stocks. Through the efforts of these big companies, the industry achieved a high market share, operating scale advantages, steady growth in profits and high market visibility. Blue chip stocks with a high return on investment, and investment value. The company has the advantage of capital, market, reputation, and other aspects of to have strong easygoing adaptability to various changes in the market price of blue chip stocks are generally relatively stable and long-term upward trend. Thus, the blue chip stocks are always popular with investors, especially those in favor of long-term investment in robust investor. Stock trading - dividend bonus The dividend for shareholders on a regular basis was taken from the listed companies earnings at a certain rate, the bonus is in the listed companies distribute dividends to shareholders pro rata allocation of the remaining profits. For dividends and bonuses, the basic purpose for investors to invest in listed companies, but also the basic economic rights of the investors. In general, the listed company after the accounting year end will be according to the number of shareholding will be part of the profits distributed as dividends to shareholders. Structured according to the management of information disclosure of listed companies, China's listed companies must publish an annual financial report within 120 days of the end of the year in the accounting, and profit distribution plan to be announced in the annual report, dividend distribution of listed companies are generally concentrated in the times the second and third quarters of the year. Distribution of dividends and bonus the preferred shareholders exercise their income allocation provisions dividend yield, then ordinary shareholders to dividends based on the profits of the remaining, its dividend yield is not necessarily fixed. After dispensing dividend, listed companies there are profits available for distribution, dividends can be paid to common shareholders under the circumstances. Stock trading - clearing and settlement The liquidation of the number and amount of buying and selling stocks were eliminated, and then through the Stock Exchange, the delivery net difference between the stock price a program. Liquidation significance is that while reducing the actual delivery of shares through the stock exchange and the price, and save a lot of manpower, material and financial resources. Stock Exchange if no liquidation, every securities dealer must be to each other individually delivery of shares and price, rather cumbersome formalities, take up a lot of manpower, material and financial resources and time. The delivery is the activities of investors buying and selling stocks to pay off the money forwarded stock. Commission to buy shares traded, the investor should be within the prescribed time, pay off the money and receive stock. Similarly, after selling the stock should be within the prescribed time delivery of the share certificates and receive the price. This is a necessary part of the process of stock trading, one must fulfill the formalities. Stock trading - ex dividend Listed companies allocated to the stock dividend to shareholders is the company's surplus to a capital increase or allotment, it is necessary to share price ex-rights (XR) the XR is EXCLUD (removing) RIGHT (right) shorthand.  listed companies to allocate the surplus cash to shareholders, the stock price is necessary to ex-dividend (XD), XD is short for EXCLUD (removing) DIVIDEN (interest). Stock trading - a stock trading account 2007 bull market surge in the stock account of new investors to do the first thing they opened a stock account (ie shareholders cards). The stock account is equivalent to a bank account, the investor only opened a stock account in order to purchase and sell securities. To trading of stocks listed in Shanghai, Shenzhen, investors were required to open the Shanghai Securities Exchange account and Shenzhen Shanghai stock exchange stock account, the creation of the Shanghai and Shenzhen A shares account securities registration company or handled authorized by the account opening agent. The Beijing Securities Depository Co., Ltd. Beijing area investors statutory bodies to handle the Shanghai and Shenzhen A shares account opening business only. The stock account many different kinds. Individual investors trading Lu, A-shares of the Shenzhen Stock A shares, you need to set up the account.