1, Kweichow Moutai, the current price is 246.95 yuan. You think its share price is artificially high. In the future, due to the government's ban on Maotai and the price reduction of 53-degree flying Maotai, its share price will fall back. Then you can borrow the stock of Kweichow Moutai from the brokerage firm and sell 100 shares at the current price of 246.95 yuan to get a sum of money. After a while, if Maotai falls back to 200 yuan, you choose to buy 100 shares and return the shares to the broker. The difference in the middle, after deducting the transaction tax, is your profit, and you can make money.

2. Baosteel, the current price is 4.23 yuan. You feel seriously underestimated, at least return to the net assets of 6. 15 yuan. But now you have bought shares in Man Cang, but you have no cash. I can only watch it at ordinary times and have no money to buy it. Now you can buy Baosteel by financing 4.23 yuan (in fact, you use your existing stock as collateral, not lend you money for nothing). After a period of time, Baosteel will rise to 5 yuan. You can sell Baosteel and return the money to the broker. The price difference in the middle is your profit after deducting the transaction tax.

3, margin financing and securities lending, for investors, on the one hand, short selling, on the other hand, leverage can be used, and the asset operation mode is more flexible. For brokers, they have expanded their business and increased their income sources (higher than ordinary transaction fees).

4. The two stocks are just examples, not investment advice. Hmm. How interesting