What indicators to look for when buying a business

Basic stock concepts: (carefully summarized)

A Stock certificate

The certificate issued by a company certifying the shares held by shareholders.

B Limited Liability Company by Shares

The entire capital is divided into equal shares, and the shareholders have limited liability to the company to the extent of their shareholdings. The company has limited liability for the company's debts with all its assets.

C Stock Codes

The code for trading A shares in Shanghai is prefixed by 600 or 601

The code for trading B shares is prefixed by 900

The code for trading A shares in Shenzhen is prefixed by 000

The code for trading B shares is prefixed by 200

The code for subscribing to new shares in Shanghai is prefixed by 730

The code for subscribing to new shares in Shanghai is prefixed by 730

The code for subscribing to new shares in Shanghai is prefixed by 730 <

The code for new share subscription in Shenzhen is the same as the code for buying and selling shares in Shenzhen

The code for share allocation starts with 700 in Shanghai and 080 in Shenzhen

1,Quotation unit

The smallest unit of change in the declared price of an A-share is 0.01 yuan. For example: you want to buy deep development, fill in the price of the order is: 10.02 yuan, and can not fill 10.002 yuan. B shares declare the price of the smallest change in the unit of 0.001 U.S. dollars (Shanghai)

2, up and down stop

Daily market price of the highest rise to (or fall to) 10% of the previous day's closing price of the amplitude

ST shares, the extent of up and down is 5%

IPO and the up and down stop IPO listing day price increase ceiling for the issue price × (1 + 1000%), the lower limit for the issue price × (1 - 50%). However, the next day is subject to the up and down stop rule.

3,IPO

The limit of IPO

The price of IPO on the day of the commission to comply with a number of rules. Such as the Shenzhen market regulations: new shares listed on the first day of aggregated bidding range of its issue price of 150 yuan, the effective bidding range of continuous bidding is the most recent transaction price of 15 yuan. Shanghai market on the first day of listing of new shares continuous bidding effective bidding range is 10% of the share price at the time.

4, one lot

One lot is 100 shares. In principle, stock trading should be carried out in one lot as a whole number of times

But due to the allocation of shares in the case of less than "one lot", such as 10 to 3 shares, you have 100 shares, 130 shares, you can sell 130 shares. In other words, zero shares less than "one lot" can be sold.

5, now hand

is the number of lots traded at that time

6, T +1

T is the first letter of the English Trade (the meaning of trade). At present, Shanghai and Shenzhen two regulations, the day to buy the stock can only be sold the next day, and the day to sell the stock to confirm the transaction, the return of funds can be bought on the same day the stock.

7, the collection of bidding

(opening price how to generate) before the start of trading every day, that is: 9:15 to 9:25, the Shanghai and Shenzhen Stock Exchange began to accept the stockholders valid buy and sell orders, at 9:30 minutes the official opening of the moment, the Shanghai and Shenzhen Stock Exchange's computer mainframe began to sum up the transaction to the price of the maximum volume of each stock to determine the price of the opening of each stock. There is no aggregate bidding for the afternoon opening. Collective bidding does not apply to: new share subscription, share placement, bonds.

8, continuous bidding collective bidding

Collective bidding mainly produces the opening price, then the stock market to carry out continuous buying and selling phase, so there is a continuous bidding. Collective bidding in the buy and sell orders without transactions continue to be valid, automatically enter the continuous bidding waiting for the right price to close. And the stockholders around the country at this time also in a continuous stream of a variety of effective buying and selling instructions entered into the Shanghai and Shenzhen Stock Exchange computer mainframe, the Shanghai and Shenzhen Stock Exchange computer mainframe is also in a continuous stream of a variety of effective buying and selling instructions around the country stockholders continuous stream of a variety of effective continuous bidding for the summary of the transaction.

9, the allocation of shares to fill in the single

It is to fill in the "buy" or "sell". Some people say, allotment of shares I get money to buy, of course, fill in the "buy". This is in the deep market shares is right, fill in the "buy". But in the Shanghai market share allotment, you should fill in the "sell". This "sell" is not "sell" allotment of shares, but "sell" allotment of shares, get allotment of shares.

10, additional shares

The regulations are: listed companies to apply for additional shares, in addition to the provisions of the "Administrative Measures for the Issue of New Shares of Listed Companies", should also meet the weighted average return on net assets in the last three fiscal years on average is not less than 10%, and the weighted average return on net assets in the last fiscal year is not less than 10%, and so on

1) to the Directed offering to senior shareholders and offering to other shareholders.

②Internet bidding issue, the price of the issue is not fixed.

③Not to the original shareholders, only to the legal person.

4 Only to the fund of the additional issue.

⑤ Proportional additional issue.

⑥Increasing the issue in several installments.

⑦ Simultaneous online and offline ten-day price.

11, a long investor who expects the stock price to rise and is bullish on the prospects of the stock market.

Bearish expects stock prices to fall, bearish stock market prospects of short investors.

Looking flat is expected to stock prices do not rise or fall, wait-and-see stock market investors

12, diving metaphor for the stock market fell

13, deer market

refers to the stock market speculative atmosphere is strong. Speculators, like deer, frequently speculate on short-term, see the profits and run.

14, jump high opening refers to the phenomenon of the opening price over yesterday's highest price.

Jumping low refers to the phenomenon of opening prices exceeding yesterday's lowest prices.

Jump gap refers to the opening price over yesterday's highest price or opening price below yesterday's lowest price of the space price.

15, golden cross

(golden cross) term in technical analysis. Refers to the short-term moving average up through the medium-term moving average or short-term, medium-term moving average at the same time up through the long-term moving average of the trend graphics.

16, the disk specific to the individual stock to buy, sell five blocks of trading information.

17, the commission to buy the number of lots entered into the host computer of the Stock Exchange wants to buy a stock commissioned lots. Now the business department's terminal computer shows the first five files commissioned to buy the number of hands, after the commission to buy the number of hands of the general stockholders can not see. Such as the current shareholders to see the buy one, two, three, four, five, is at different prices to reveal the number of hands to buy the stock.

Commissioned to sell the number of lots entered into the host computer of the stock exchange to sell a stock commissioned the number of lots. Now the terminal computer of the sales department shows the first five files commissioned to sell the number of hands, after the commissioned to sell the number of hands of the general stockholders can not see. Such as the current shareholders to see the selling plate one, two, three, four, five, is at different prices to reveal the number of hands to sell the stock. At the same time to buy and sell a stock, it must be in accordance with the "price priority, time priority" rules do.

20, primary market (issuance market) stocks in the recruitment stage, is being issued, can not be listed on the market.

The secondary market (liquidity market) is the market in which the shares of a joint stock company can be bought and sold after the issuance of the shares is completed.

21, stock index

Generally used to reflect the trend of the macro and the stock market itself. It is compiled based on the principle that the ratio of the market value of the day's stock price to the market value of the stock price on the base day. For example: Shanghai index benchmark date set at December 19, 1990 . Today's instant index = last day's closing index × [today's total market capitalization ÷ last day's total market capitalization]. For example: February 17, 2003 Shanghai market capitalization of 489.8871 billion yuan, the index is 1496.52 points. February 18, Shanghai market capitalization of 489.9142 billion yuan. Calculation: 18 index = 1496.52 × [48991.42 ÷ 48988.71] = 1496.60 points. February 18 than February 17 rose 0.08 points

22,Component Index

Shenzhen Stock Exchange in January 3, 1995 began to compile the SZSE index and on February 20, the same year, real-time public release. The reason for the preparation of the constituent index is that China's stock market in 2/3 of the share capital does not circulate, so the composite index to reflect the changes in the stock market is not very scientific, and the constituent index is based on the number of shares in circulation as the basis for the preparation of the index, there is a certain degree of reasonableness. That is: "who circulates, who is calculated".

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

Reflects the relationship between a company's share price and its after-tax profit per share, the formula is the company's closing share price and the company's after-tax profit per share (earnings per share) ratio. For example, the closing price of North Asia Group (600705) at the end of 2002 was 6.20 yuan, and the stock's earnings per share in 2002 was 0.165 yuan, so the stock's price-earnings ratio at the end of 2002 was 37.58 times (6.20 ÷ 0.165). Since the stock price changes every day and earnings per share are calculated only once a year. Plus there is the problem of illiquid shares, so it is unscientific to use the P/E ratio as the only measure of the stock market. In addition, the P/E ratio is not calculated for loss-making stocks.

24, P/E ratio = share price / net worth per share (more important)

Stock net worth that is, capital reserve, capital public welfare, legal reserve, arbitrary reserve, unallocated surplus and other items in total, also known as net assets. Dividing the net worth by the company's total share capital gives the net worth per share. Net value per share is the basis for calculating the P/E ratio (P/E ratio with earnings per share), that is, the P/E ratio is equal to the closing price of the day divided by the net value per share. Such as the North Asia Group (600705) at the end of 2002 closing price of 6.20 yuan, the net value per share in 2002 was 2.725 yuan, the market net ratio of 2.275 times.

25, the transfer of custody

The shareholders need to change a business department to buy and sell stocks, then to handle the stock transfer procedures. The procedure (from the A business department to the B business department) is:

1. In the transfer party (B business department) to open an account, and note down the name of the B business department and seat number.

2. In the transfer party (A business department) to fill out the "TO transfer tube application form.

3. The next day, go to Business Department B to check whether the stock has been transferred.

4. Shanghai is also required to withdraw the designated transactions in the A business department, in the B business department to re-apply for designated transactions.

26, ex-dividend and ex-rights (XD, XR, DR) ex-dividend in English is EXCLUDE DIVIDEND, referred to as XD. ex-rights in English is EXCLUDE RIGHT, referred to as XR. if and ex-dividend and ex-rights, the English abbreviation for DR.

If a stock is ex-dividend today, the XD is indicated in the front of the name of the stock; If a stock is ex-dividend today, the XD is indicated in front of the name of the stock; If a stock is ex-rights today, the XR is indicated in front of the name of the stock. If a stock is ex-dividend and ex-rights today, it is labeled XD; if a stock is ex-rights today, it is labeled XR; if a stock is ex-dividend and ex-rights today, it is labeled DR.

27,The meaning of N in front of the stock is that N is the first letter of the English NEW. When a new stock is listed on the first day of trading, for the sake of distinction, it is added N in front of the name of the new stock.

28,road show

The direct translation of the English road show. It refers to when a listed company issues shares, the company's leaders and stock underwriters introduce the company to the shareholders and accept their inquiries. Nowadays, it is usually conducted through the Internet.

This is all the most practical knowledge, after understanding, you will have a glimpse of the feeling of the mountains pull

My experience

Speculation of stocks spelled out the will and the ability to think independently !!!!

Select your own stock, let others say it!

Knowing this fact, how many retailers have become rich in stocks? If you rely entirely on the Internet or friends to provide information fried, can earn how much, rich in the hands of a few people, especially those, think for yourself !!!!

My experience in stock selection:

1, to low-priced stocks (can still fall to where)

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

3, suppressed for a long time the stock (to turn is a big wave)

4, not to choose the recognized bulls, to choose to pick the real white horse

5, to choose the real familiar company or the industry sector, the fundamentals of the company or the company is not the same. industry sector, the fundamentals are very important, the technical aspects of the second

In the blood to send you some summary of the leading stocks:

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Indicator stocks: ICBC, BOC, Sinopec, Daqin, Air China, Baosteel, Changdian, Unicom, China Merchants, Huaneng

Financial: Huaxia Bank, China Merchants, Pudong Development, Minsheng, SZD, ICBC, BOC, China CITIC, AXA, Hongyuan, Shaan GuoTou

Property: Vanke A, Jindi Group, Poly Real Estate, Huafa, Sunshine, OCT, Financial Street Qixia Construction, China Merchants Real Estate, China Enterprises, Shenzhen Zhenye

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

Olympics: Beijing Urban Construction, China Sports Industry

Heavy machinery: Anhui Heili, Hudong Heavy Machinery, Sany, Zoomlion, Jinci Axle, Guangzhou Shipbuilding, LiuGong, Shantui, Zhenhua Harbor Machinery, Shenyang Machine Tool

3G: ZTE, Datang Telecom, Yiyang Xintong, Gao Hong shares

Technology: Gehua Cable, Pearl Oriental, Zongyi shares, CITIC Guoan, Founder Technology, Tsinghua Tongfang, Haihong

Cement: Conch Cement, Huaxin, Jidong

New energy: Tianwei Baochuan, Fengyuan biochemistry

Small and medium-sized boards: Jingyuan Electronics, Suning Appliances, Siyuan Appliances Weixing, Lijiang Tourism, Huaxing Chemical, Kewa Bio, Da Nu Laser, Zhongjie, Huadi, Supor, Qipilang, Aerospace Electrical Appliances, Huabang Pharmaceuticals

Power and Energy: Yangtze River Power, Guangzhou Holding, Guangdong Electric Power, Guotou Electric Power, Huaneng International, Shenneng, Shantou Electric Power, Guodian Electric Power, Shanghai Electric Power, Shen Energy, Shanghai Energy

Coal: Orchid Coal Co, Datong Coal, Guoyang Xinneng, Xishan Coal Power, Yanzhou Coal

Electric power equipment: Dongfang Electric Machinery, Dongfang Boiler, TBEA, Pinggao Electric, Guodian Nanshi, Huaguang, Xiangdian

Automobile: Chang'an Automobile, FAW Xiali, Shanghai Automobile, Jiangling, China Heavy Duty Truck, Xiang Torch, Jianghuai Automobile, Yutong Bus, Dawning, Dragon Creek, Jinlong Motors, Yun Nei Power, Dongfeng Automobile,

Steel and iron: emerging casting tube, Baosteel, Wuhan Iron and Steel, Anshan Iron and Steel, TISCO, Jigang, Tangshan Iron and Steel, Jiujiang Iron and Steel, Maanshan Iron and Steel, Handan Iron and Steel, Baji, Bensteel, Lingsteel, Baosteel, Xining Special Steel, Fushun Iron and Steel, Shaoguan Iron and Steel, Shougang, Hualing Iron and Steel, Nangang Iron and Steel, Hangzhou Iron and Steel

Port Transportation: China Shipping, Cosco, Shanghai Harbor, CIMC, SZCG, Yantian Harbor, Nanjing Water Transportation, Tianjin Harbor < /p>

High-speed category: GanYue, Shandong Expressway, Shenzhen Expressway, Fujian Expressway, Zhongyuan Expressway, Guangdong Expressway, Ninghu Expressway, WanTong

Airport category: Shenzhen Airport, Shanghai Airport, Baiyun

Construction Supplies: China Fiberglass, Yangtze River Precision, Conch Profiles

Water: Shouchuang, South China Sea, Raw Water

Warehousing and Logistics Transportation: Sinochem International, Tielong Logistics, Sinotrans Development, China Reserve

Aerospace: Aerospace Information, Rocket Corporation, China Satellite, Xifei International, Hafei Corporation, Chengfa Science and Technology, Hongdu Aviation,

Electronics: Jingyuan Electronics, Sangyi Science and Technology, Farad Electronics, Huawei Electronics, Rainbow Corporation, Radio Electronics, SZTEMA, Dongxin Peace

Software: UFIDA, Neusoft Corporation, Hengsheng Electronics, China Software, Golden Certificate, Baoxin Software

Supermarkets: Dashang, Hualian, Youyi, Shanghai Jahwa, Wuhan Zhongbai, Beijing Urban & Rural, Dalian Friendship, Xinhua Media

Retailers: Wangfujing, Guangzhou Friendship, Ning Xinbai, Xinhua Department Store, Chongqing Department Store, Ginza, Yimin Department Store, ZTE, Nanjing Zhongshang, Dongbai, New World

Retailers: Wangfujing, Guangzhou Friendship, Ning Xinbai, New World, Bailian, New World, Mansion, Bailian, New World, Neworld, etc. Ltd., Bailian, S Baida, Hefei Department Store, Yintai, Hangzhou Jiebai, EWU Shang A, Hualian, Wuhan Zhongshang, S Shangsha], Xidan Mall, S Nanbai, Shanghai Jiubai, SZSC, Sungshang Group

Materials: Star New Material, Sinoma International

Hotel & Tourism: Huatian Hotel, Huangshan Tourism, Emeishan, Lijiang Tourism, Jinjiang, Guilin Tourism, Beijing Tourism, Xi'an Tourism, Xi'an Tourism, Huangshan Tourism, Beijing Tourism, Beijing Tourism, Xi'an Tourism, Beijing Tourism, Xi'an Tourism, Beijing Tourism, Beijing Tourism Tourism, Beijing Tourism, Xi'an Tourism, CYTS Tourism, S First Travel

Petrochemicals: Haiyang Oil Engineering, Jinfa Science and Technology, Shanghai Petrochemicals, Yixing Chemical Fiber, Jiangdrill, Xinxiang Chemical Fiber, Yunnan Salt Chemical, Shanxi Sanwei, Sanyou Chemical, Six Countries Chemical, Yunwei, Jiangnan High Fiber, Yaxing Chemical

Non-ferrous Metals: Shandong Gold, China Gold, Chihong, titanium, Hongda, Xiamen Tungsten, Ginn, Baotou Aluminum Ltd., Jihn, Baotou Aluminum, Zhongjin Lingnan, Yunnan Copper, Jiangxi Copper, Zhuyi Torch

Alcohol: Guizhou Moutai, Wuliangye, Zhangyu A, Guyue Longshan, Shuijingfang, Luzhou Laojiao

Paper: Yueyang Paper, Huatai, Chenming Paper

Beer: Tsingtao Brewery, Yanjing Brewery

Home appliances: Foshan Lighting, Qingdao Haier, Sichuan Changhong, Hisense, Gree Electric, Midea, Supor

Specialty chemicals: Yantai Wanhua, Jinfa Science and Technology, San Aifu, Huaru Hengsheng

Fertilizers: Salt Lake Potash, Xin'an, Huaru Hengsheng,, Yangnong Chemical, S Chuanmeifeng, Chitianhua, Yuntianhua, Shalonda A, Huaxing Chemical, Liuhua, Yihua, Hubei, Changjiu Bio-chemicals, Cangzhou Dahua, Lusi Chemical, Shenyang Chemical

Agriculture stocks: Beidahuang, Tongwei shares, in the pasture shares, new hope, Longping Gaoke, Fengle seed industry, new race shares, Dunhuang Seed Industry, new agricultural development, Guanong shares, Denghai Seed Industry

Food Processing: Shuanghui Development, Huaguan Science and Technology, Erie, the first food, Chengde Lulu, Angel yeast, Hengshun Vinegar Industry, Shanghai Meiling, Vivi shares, Gannan Fruit Industry, Nanning Sugar

Environmental Protection: Longjing Environmental Protection

Chinese Medicine: Ma Yinglong, Jilin Aodong, Pientzehuang, Tongrentang, Tianshili, Yunnan Baiyao, Qianjin Pharmaceuticals, Jiangzhong Pharmaceuticals, Kangyuan Pharmaceuticals, Kangenbei, S Agaricus, Yibai Pharmaceuticals, Jiuzhitang, Wuhan Healthy People, Zhonghui Pharmaceuticals, Kunming Pharmaceuticals, S Tibetan Pharmaceuticals

Costumes: Yagal, Weixing, Seven Pilot Wolf, Yuyuan Mall

Communication fiber optic cable: Yangtze River Communication, ZDANET, Tefa Information `Xiaxin Electronics, Waveguide, CEC

Construction and engineering: Bao New Energy, Sinoma International, Shanghai Construction Industry, CIGIC, Pudong Construction, China Color, Air Port, Anhui Water Conservancy, Tunneling, Tengda Construction, Xinjiang Urban Construction, Road and Bridge Construction, China Railway Bureau, China National Petroleum Corporation, KEDA Ltd., North International, Huitong Water Conservancy, Tibet Tianlu, Longjian, Meiyan Hydropower, Huashen Group

Glass: Fuyao, NGL, Shandong Pharmaceutical Glass

Others: C&D, Lutai, Zhuhai Zhongfu, Zijiang Enterprise