A stock

Refers to the certificate issued by the company to prove the shares held by shareholders.

B stock limited liability company

All capital is divided into equal shares, and shareholders are limited to the shares they hold and bear limited liability to the company. The company shall bear limited liability for its debts with all its assets.

C stock code

The code of A stock trading in Shanghai stock market starts with 600 or 60 1

The code for buying and selling B shares starts with 900.

The code of Shenzhen A stock trading starts with 000.

The code for buying and selling B shares starts with 200.

The code of Shanghai stock exchange subscription starts with 730.

The code for subscription of new shares in Shenzhen stock market is the same as that for stock trading in Shenzhen stock market.

The allotment code starts with 700 in Shanghai and 080 in Shenzhen.

1, quotation unit

The minimum change unit of the declared price of A shares is 0.0 1 RMB. For example, if you want to buy Shenzhen Development, the price of filling in the form is: 10.02 yuan, but you can't fill in 10.002 yuan. The minimum change unit of the declared price of B shares is 0.00 1 USD (Shanghai Stock Exchange).

2, the price limit

The maximum daily market price rises (or falls) to 10% of the previous day's closing price.

ST shares, up and down by 5%

IPO Listing and Price Limit The upper limit of price increase on the day of IPO listing is the issue price ×( 1+ 1000%), and the lower limit is the issue price ×( 1-50%). But the next day, you have to follow the rules of price limit.

3, IPO

The price limit stipulates that when the price of new shares is entrusted on the day of listing, some rules should be observed. For example, as stipulated in Shenzhen Stock Exchange, the call auction range of the first day of listing of new shares is 150 yuan of its issue price, and the effective bidding range of continuous bidding is the latest transaction price 15 yuan. The effective bidding range of Shanghai stock market for continuous bidding of new shares on the first day of listing is 10% of the stock price at that time.

4, one hand

One hand is 100 shares. In principle, stock trading should be carried out with one hand as an integer multiple.

However, due to the shortage of "one hand" in the rights issue, such as 10 giving 3 shares, you have 100 shares and become 130 shares, so you can sell 130 shares. In other words, zero shares are not enough to be sold in one hand.

5, ready

It was the number of lots sold at that time.

6，T+ 1

T is the first letter of English Trade. At present, the Shanghai and Shenzhen Stock Exchanges stipulate that stocks bought on the same day can only be sold on the next day, and after the stocks sold on the same day are confirmed to be closed, the returned funds can buy stocks on the same day.

7, call auction

(How does the opening price come into being) Before trading starts every day, that is, from 9: 00 15 to 9: 25, the Shanghai and Shenzhen Stock Exchanges begin to accept effective buying and selling instructions from investors. At the moment of the official opening at 9: 30, the computer mainframe of the Shanghai and Shenzhen Stock Exchanges starts to match the transaction, and the opening price of each stock is determined by the price of the maximum turnover. There is no call auction at the opening in the afternoon. Call auction does not apply: subscription of new shares, allotment of shares and bonds.

8, continuous bidding for call auction.

Call auction mainly produced the opening price, and then the stock market had to go through the continuous buying and selling stage, so there was a continuous bidding. Orders that have not been sold in call auction will continue to be valid, and they will automatically enter the continuous bidding and wait for the right price to be sold. At this time, investors all over the country are still continuously inputting various effective trading orders into the computer mainframe of the Shanghai and Shenzhen Stock Exchanges, and the computer mainframe of the Shanghai and Shenzhen Stock Exchanges is also continuously bidding for various effective trading orders from investors all over the country.

9. Fill in the allotment form

Whether to write "buy" or "sell". Some people say that I bought the rights issue with money, and of course I filled in "buy". This is right to issue shares in Shenzhen. Fill in "buy". However, when issuing shares in Shanghai stock market, you should fill in "sell". This "selling" is not a "selling" rights issue, but a "selling" rights issue.

10, issuing new shares.

It is stipulated that a listed company applying for issuing new shares should not only comply with the provisions of the Administrative Measures for the Issuance of New Shares of Listed Companies, but also meet the conditions that the average weighted average return on equity in the last three fiscal years is not less than 10%, and the average weighted average return on equity in the last 1 fiscal year is not less than 10%.

(1) Directional issuance to old investors and issuance to other investors.

(2) the online auction issue, the additional price is uncertain.

③ Not to issue additional shares to original shareholders, but only to legal persons. Such as Shenkangjia;

(4) only fund issuance.

⑤ Proportional issuance.

⑥ issuance in several times.

All landowners online, offline synchronization ten-day price.

1 1, see more bullish investors who expect the stock price to rise and are optimistic about the stock market prospects.

A short investor who is bearish on the expected stock price decline and bearish on the stock market prospect.

Ping Ping expects the stock price not to rise or fall, and waits and sees the stock market investors.

12, diving is a metaphor for the stock market falling.

13, Lushi

Refers to the strong speculative atmosphere in the stock market. Speculators, like deer, frequently speculate on short-term, and run when they see profit.

14, gap and high opening refers to the phenomenon that the opening price exceeds the highest price yesterday.

Gap opening refers to the phenomenon that the opening price exceeds yesterday's lowest price.

Gap refers to the space price where the opening price exceeds the highest price yesterday or the opening price is lower than the lowest price yesterday.

15, golden fork

Terminology in technical analysis. Refers to the trend graph in which the short-term moving average goes up through the medium-term moving average or the short-term and medium-term moving averages go up through the long-term moving average at the same time.

16, the handicap is specific to the trading information of buying and selling five gears of individual stocks.

17, the number of entrusted buyers. Enter the number of entrusted hands that the host computer of the stock exchange wants to buy a stock. At present, the terminal computer of the sales department shows the number of buyers in the first five stalls, but the number of buyers in the back is not visible to ordinary investors. For example, at present, investors see buying one, two, three, four and five, that is, revealing the number of hands to buy stocks at different price points.

Number of consigned lots Enter the number of consigned lots that the host computer of the stock exchange wants to sell a stock. At present, the terminal computer of the sales department shows the number of commission sales in the first five stalls, but the number of commission sales in the back is generally invisible to investors. For example, at present, investors see selling one, two, three, four and five, that is, revealing the number of shares to be sold at different price points.

18, Wei ratio

By calculating the ratio of the difference between the number of entrusted buyers and the number of entrusted sellers to the sum of the number of entrusted buyers and the number of entrusted sellers, the current trend of trading entrustment is revealed.

45.95% indicated that the buying power was greater than the selling power at that time.

19, price first, time first When buying and selling stocks, if many shareholders buy and sell a stock at the same time, they must follow the rules of "price first, time first".

20. The primary market (issuance market) is a market where stocks are in the recruitment stage and are being issued, so they cannot be listed and circulated.

Secondary market (circulation market) A market where shares of joint-stock companies can be traded after they are issued.

2 1, stock index

It is generally used to reflect the macro-level and the changing trend of the stock market itself. Its compilation principle is: the ratio of the market value of the stock price on the current day to the market value of the stock price on the benchmark day. For example, the benchmark date of the Shanghai Composite Index is set at 19901February 19. Today's instant index = last day's closing index × [today's total market value ÷ last day's total market value]. For example, on February 7, 2003, the total market value of Shanghai stock market was 48,988.71100 million yuan, and the index was 1496.52 points. On February 8/KLOC-0, the total market value of Shanghai stock market was 489910.42 billion yuan. The calculation shows that: 18 daily index =1496.52× [48991.42 ÷ 48988.71] =1496.60 points. February 18 is 0.08 point higher than February 17.

22, composition index

Shenzhen Stock Exchange began to compile Shenzhen Stock Exchange Index on 1995 1 3/month and released it to the public in real time on February 20th of the same year. The reason for compiling the component index is that two-thirds of the capital stock in China's stock market is not circulating, so it is not scientific for the comprehensive index to reflect the changes in the stock market, and the component index is compiled based on the tradable shares, which is reasonable to some extent. Namely: "whoever circulates, who counts".

23, P/E ratio = share price/earnings per share

It reflects the relationship between a company's share price and its after-tax profit per share, and its calculation formula is the ratio of the closing price of the company's share price to its after-tax profit per share (earnings per share). For example, the closing price of North Asia Group (600705) at the end of 2002 was 6.20 yuan, and its earnings per share in 2002 was 0. 165 yuan, so its price-earnings ratio at the end of 2002 was 37.58 times (6.20÷0. 165). Since the stock price changes every day, the earnings per share are only calculated once a year. Coupled with the problem of non-tradable shares, it is unscientific to use P/E ratio as the only standard to measure the stock market. In addition, the loss-making stocks do not calculate the price-earnings ratio.

24, P/B ratio = share price/net value per share (more important)

The net stock value is the sum of capital reserve fund, capital public welfare fund, statutory reserve fund, discretionary reserve fund, undistributed surplus and other items, also known as net assets. Divide the net value by the total share capital of the company to get the net value per share. The net value per share is the basis for calculating the price-to-book ratio (P/E ratio uses earnings per share), that is, the price-to-book ratio is equal to the closing price of the day divided by the net value per share. For example, the closing price of North Asia Group (600705) at the end of 2002 was 6.20 yuan, and the net value per share in 2002 was 2.725 yuan, so the P/B ratio was 2.275 times.

25, transfer custody

If investors need to change a business department to buy and sell stocks, they have to go through the formalities of transferring stocks to custody. The procedure (from a sales department to b sales department) is:

1. Open an account in the transferee (business department B) and write down the name and seat number of business department B..

2. Fill in the "application form for consignment management" in the transferor (A business department).

3. The next day, go to the business department of B to check whether the stock has been transferred to.

4. The Shanghai Stock Exchange also needs to cancel the designated transaction in the A business department and re-apply the designated transaction in the B business department.

26, ex-dividend and ex-dividend (XD, XR, DR) Ex-dividend English is ExcludeDivided, abbreviated as XD. Ex-right English is Exclusion Right, or XR for short. If it is ex-dividend and ex-right, it is abbreviated as DR in English.

If a stock is ex-dividend today, indicate XD before the stock name; If a stock is ex-dividend today, the name of the stock shall be marked with XR; If a stock is ex-dividend and ex-dividend today, please indicate DR before the name of the stock.

27, the meaning of n before stock n is the first letter of English NEW. When the new shares are listed on the first day, for the sake of distinction, N is added before the name of the new shares.

28, roadshow

Literal translation of English road show. When a listed company issues shares, the company leaders and stock underwriters introduce the company to the shareholders and accept the consultation from the shareholders. Now it is usually done through the Internet.

This is the most practical knowledge. After understanding it, you will feel like the other mountains all appear dwarfs under the sky..

My experience

Stock trading is about will and the ability to think independently! ! ! !

Choose your own shares and let others talk! ! !

To know such a fact, how many retail investors make a fortune by stocks? If you rely entirely on the information provided by online or friends, how much you can earn, and those who get rich are in the hands of a few people, especially those who think for themselves! ! ! !

My experience in stock selection:

1, low-priced stocks (where can I go)

2, the price-earnings ratio to the bottom (small risk)

3, stocks that have been suppressed for a long time (it is a big wave to turn over)

4, do not choose the recognized bull stocks, choose the real big white horse.

5, choose the company or industry sector that you are really familiar with, the fundamentals are very important, followed by the technical level.

I'm vomiting blood to send you some summarized leading stocks:

! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !

Index stocks: ICBC, BOC, Sinopec, Daqin, Air China China, Baosteel, Changdian, China Unicom, China Merchants Bank and Huaneng.

Finance: Huaxia Bank, China Merchants Bank, Shanghai Pudong Development Bank, Minsheng, Shenzhen Development Bank, ICBC, Bank of China, CITIC, Anxin, Hongyuan and Shaanxi Guotou.

Real estate: Vanke A, gemdale, Poly Real Estate, Huafa, Sunshine, OCT, Financial Street, Qixia Construction, China Merchants Property, Chinese Enterprises, Shenzhen Zhenye.

Aviation: China Southern Airlines, Air China, Shanghai Airlines, China Eastern Airlines and Hainan Airlines.

Olympic Games: Beijing Urban Construction and Chinese Sports Industry

Heavy machinery: Anhui Heli, Hudong Heavy Machinery, Sany, Zhonglian, Jinxi Axle, Guangzhou Shipyard, Liugong, Shantui, Zhenhua Port Machinery and Shenyang Machine Tool.

3G: ZTE, Datang Telecom, Yiyang Xintong and Gaohong.

Science and technology: gehuayouxian, Oriental Pearl, Variety Stock, citic guoan, Founder Technology, Tsinghua Tongfang, Haihong.

Cement: CONCH, Huaxin and Jidong.

New energy: tianwei baobian and fengyuan biochemical.

Small and medium-sized board: Jingyuan Electronics, Suning Appliance, Siyuan Appliance, Weixing, Lijiang Tourism, Huaxing Chemical, Kehua Bio, Han's Laser, Zoje, Vantage, Supor, Seven Wolves, Aerospace Electric Appliances, Winbond Pharmaceutical.

Electric energy: Changjiang Electric Power, Guangzhou Holding, Guangdong Electric Power, SDIC Electric Power, Huaneng International, Shenneng, Shantou Electric Power, Guodian Electric Power, Shanghai Electric Power, Shenzhen Energy and Shanghai Energy.

Coal: Lanhuakechuang, Datong Coal, Guoyang Xinneng, Xishan Coal and Electricity, Yanzhou Coal.

Power equipment: Dongfang Electric, Dongfang Boiler, TBEA, Pinggao Electric, Guodian Nanzi, Huaguang and Xiangdian.

Cars: Changan Automobile, faw xiali, Shanghai Automobile, Jiangling, China Heavy Duty Truck, S Xiang Torch, Jianghuai Automobile, Yutong Bus, Shuguang, Longxi, Jinlong Automobile, Yunnei Power, Dongfeng Motor,

Iron and steel: Xinxing cast pipe, Baosteel, WISCO, Angang, Taigang, Jigang, Tangshan, Jiuquan, Maanshan, Handan, Bayi, Benxi, Ling Gang, Baotou, Xining Special Steel, Fushun Special Steel, Shaogang, Shougang, Valin Pipeline, Nangang and Hangzhou Steel.

Port transportation: China Shipping, COSCO, Shanghai Port, CIMC, Shenchiwan, Yantian Port, Nanjing Waterway and Tianjin Port.

Expressway: Jiangxi-Guangdong Expressway, Shandong Expressway, Shenzhen Expressway, Fujian Expressway, Zhongyuan Expressway, Guangdong Expressway, Nanjing-Shanghai Expressway and Wantong Expressway.

Airport category: Shenzhen Airport, Shanghai Airport and Baiyun Airport.

Building supplies: China glass fiber, Changjiang Seiko, conch profile.

Water: Capital, Nanhai and Raw Water.

Warehousing, logistics and transportation: Sinochem International, Tielong Logistics, Sinotrans Development and China Storage.

Aerospace: Aerospace Information, Rocket Shares, China Satellite, Xifei International, Hafei Shares, Chengfa Technology, Hongdu Aviation,

Electronics: Jingyuan Electronics, Shengyi Technology, Farah Electronics, Huawei Microelectronics, rainbow shares, Radio and Television Electronics, Shentianma A, Eastcom Peace.

Software: UFIDA, Neusoft, Hang Seng Electronics, China Software, Jinzheng, Baoxin Software.

Supermarkets: Dashang, Hualian Comprehensive Supermarket, friendship shares, shanghai jahwa, Wuhan Zhongbai, Beijing Urban and Rural, Dalian Friendship, Xinhua Media.

Retail: Wangfujing, Guangzhou Friendship, S Ningxinbai, Xinhua Department Store, Chongqing Department Store, Ginza, Yimin Department Store, Zhongxing Commercial, Nanjing Zhongshang, Dongbai Group, New World, Building, Bailian, S Baida, Hefei Department Store, Yintai, Hangzhou Jiebai, Ewushang A, Hualian, Wuhan Zhongshang, S Trading Company], Xidan Shopping Mall, S.

Materials: Star New Materials, Sinoma International.

Hotel tourism: Huatian Hotel, Huangshan Tourism, Emei Mountain, Lijiang Tourism, Jinjiang Stock, Guilin Tourism, Beijing Tourism, Xi 'an Tourism, China Youth Tourism, S First Travel.

Petrochemical: CNOOC Engineering, Blonde Technology, Shanghai Petrochemical, Yizheng Chemical Fiber, Jiangzuan Co., Ltd., Xinxiang Chemical Fiber, Yunnan Salt Chemical, Shanxi Sanwei, Sanyou Chemical, Liuguo Chemical, Yunwei Co., Ltd., Jiangnan High Fiber, yaxing chemical.

Non-ferrous metals: Shandong Gold, Zhongjin, Chihong, Baoti, Hongda, Xiamen Tungsten Industry, Jean, Baotou Aluminum Industry, Zhongjin Lingnan, Yunnan Copper Industry, Jiangxi Copper Industry and Zhuye Torch.

Liquor: Kweichow Moutai, Wuliangye, Changyu A, Guyue Longshan, Shuijingfang and LU ZHOU LAO JIAO CO.,LTD.

Papermaking: Yueyang Paper, Huatai, Chenming Paper.

Beer: Tsingtao Beer, Yanjing Beer.

Household appliances: Foshan Lighting, Qingdao Haier, Sichuan Changhong, hisense electric, Gree Electric, Midea and Supor.

Special chemicals: yantai wanhua, Jinfa Technology, Sanaifu and Hualu Hengsheng.

Fertilizer: Salt Lake Potash Fertilizer, Xin 'an Stock, Hualu Hengsheng, Yangnong Chemical, S Sichuan meifeng, Chitianhua, Yuntianhua, Shalongda A, Huaxing Chemical, Liuhua Stock, Hubei Yihua, Changjiu Biochemical, Cangzhou Dahua, Luxi Chemical and Shenyang Chemical.

Agricultural stocks: Beidahuang, Tongwei, Zhongmu, New Hope, Longping Hi-Tech, Fengle Seed, Xinsai, Dunhuang Seed, Xinnong Development, Guannong and Denghai Seed.

Food processing: Shuanghui Development, Huaguan Technology, Yili, First Food, Chengde Lulu, Angel Yeast, Hengshun Vinegar, Shanghai Meilin, Weiwei, Gannan Fruit Industry, Nanning Sugar Industry.

Environmental protection: Longjing Environmental Protection

Traditional Chinese Medicine: Ma Yinglong, Jilin Aodong, Pien Tze Huang, Tong Ren Tang, Tasly, Yunnan Baiyao, Qianjin Pharmaceutical, Jiangzhong Pharmaceutical, Kangyuan Pharmaceutical, Kang Enbei, S Ejiao, Yibai Pharmaceutical, Jiuzhitang, Wuhan Jianmin, Zhonghui Pharmaceutical, Kunming Pharmaceutical and S Tibetan Pharmaceutical.

Clothing: Yager, Weixing, Seven Wolves, Yuyuan Mall.

Communication optical cables: Changjiang Communication, Zhejiang University Network New, Special Message `Amoi Electronics, Bird, CLP Guangtong.

Architecture and Engineering: Baoxin Energy, Sinoma International, Shanghai Construction Engineering, Sinochem International, Pudong Construction, Sinochem, Airport, Anhui Water Conservancy, Tunnel, Tengda Construction, Xinjiang Urban Construction, Road and Bridge Construction, China Railway Second Bureau, CNPC Chemical Construction, Keda, North International, Huitong Water Conservancy, Tibet Tianlu, Longjian, Meiyan Hydropower and Huashen Group.

Glass: Fuyao, CSG and Shandong Yaobo.

Others: Jianfa, Lutai, Zhuhai Zhongfu and Zijiang enterprises.