As long as you have stunts and skills, you can make a long-term profit in the speculative market. I believe that anyone, no matter how much money they spend, is willing. Because his value is no longer money, no longer ideas, but a printing machine that turns stones into gold. Here we share some information about equity, concept stocks and restricted shares for your reference.
What does equity mean?
Equity: Equity, also known as shareholder's right, is divided into broad sense and narrow sense.
Broadly speaking, equity refers to all kinds of rights that shareholders can claim from the company;
In a narrow sense, equity only refers to the rights enjoyed by shareholders to benefit from the company or economy and participate in the company's operation and management based on their qualifications. As the target of equity pledge, equity is only in a narrow sense.
In this sense, the so-called equity refers to the transferable right of shareholders to participate in affairs and enjoy property interests in the company. This right is obtained by way of capital contribution, which is stipulated by laws or the company's articles of association.
Equity refers to the legal ownership of joint-stock enterprises by investors, as well as the various rights that investors have to enterprises. Including self-interest right and common interest right. From an economic point of view, equity is a part of property rights, that is, the ownership of property, excluding the property rights of legal persons. From the accounting point of view, the essence of the two is the same, both of which reflect the ownership of property; But it may be different from the point of view of quantity. Property right refers to the owner's rights and interests, and equity refers to capital or paid-in capital. Generally speaking, according to the organizational form of joint-stock companies, investors bear limited and unlimited responsibilities to the company by subscribing for the types and amounts of shares, and enjoy certain equity rights, such as management rights, supervision rights, voting rights, dividend distribution rights and other decision-making rights. It is mainly through the "participation" of buying stocks and capital to master a certain number of shares in a joint-stock company, so as to control the decision-making authority to manipulate its business. Some financial monopoly capitalists use a certain amount of capital to buy and hold the shares of a major joint-stock company as the "parent company", then take the "parent company" as the core, then buy and master the shares of other joint-stock companies, and have certain control rights to make them "subsidiaries", and then make them "sun companies" by holding a certain amount of shares of other companies, thus forming a layered control system.
According to the influence of corporate shareholders on enterprises, corporate shareholders can generally be divided into three categories: controlling shareholders, shareholders with significant influence and shareholders without significant influence.
The controlling shareholder will have the right to decide the financial and operating policies of the enterprise;
The main influential shareholders have the ability to participate in the decision-making of enterprise financial and operating policies, but they do not decide these policies;
Non-important shareholders have little influence on the financial and operating policies of the holding company.
What do you mean by restricted shares?
Previously listed companies (especially state-owned enterprises) had quite a few legal person shares. These legal person shares have the same rights as tradable shares, but the cost is extremely low (that is, the risk of stock price fluctuation is entirely borne by tradable shareholders), and the only inconvenience is that they cannot be traded freely in the open market. Later, through the split share structure reform, all shares of the enterprise were freely traded. According to the regulations of the CSRC, the sale of the original non-tradable shares of the company after the share reform shall meet the following requirements: (1) It shall not be listed, traded or transferred within 65,438+02 months from the date of implementation of the reform plan; (2) The original non-tradable shareholders who hold more than 5% of the total shares of the listed company will sell the original non-tradable shares through listing on the stock exchange after the expiration of the period specified in the preceding paragraph, and the proportion of the shares sold in the total shares of the company will not exceed 5% within 65,438+02 months and 65,438+00% within 24 months. Non-tradable shares after obtaining the circulation right are called restricted shares because of the above-mentioned restrictions on the circulation period and proportion.
In order to better protect the interests of tradable shareholders, China Securities Regulatory Commission's Notice on Launching the Pilot Reform of Non-tradable Shares restricts the period and proportion of listing and trading of non-tradable shares, that is, "crawling circulation". First, there is a lock-up period of 65,438+02 months. After that, non-tradable shareholders who hold more than 5% of shares shall not sell more than 5% within 65,438+02 months and 65,438+00% within 24 months.
What do you mean by concept stocks?
Concept stocks refer to stocks with special connotations, which are usually regarded as the subject of stock selection and speculation, and become a hot spot in the stock market. It has a specific name, thing, theme, etc. For example, financial stocks, real estate stocks, asset restructuring stocks, brokerage stocks, Olympic theme stocks, insurance stocks, futures concepts, etc. are all called concept stocks. Simply put, concept stocks are pre-speculation on the growth of operating performance in the industry where stocks are located.
1. Concept stocks support prices by a certain theme, such as the concept of asset restructuring and the concept of three links. Chinese concept stocks are the names of all China stocks listed overseas by foreign investors, because they are optimistic about China's economic growth. It has also been said that Chinese concept stocks "are all fabricated lies, just to make people believe their lies".
2. Concept stocks are relative to blue chip stocks. Blue-chip stocks need good performance support. Concept stocks rely on a certain theme, such as the concept of asset reorganization and the concept of three links to support prices.
The concept of stock market was originally a general term for a class of stocks with common characteristics. For example, the Olympic concept refers to a group of companies that have business opportunities to host the Olympic Games. There are many such concepts, such as network concept, 3G concept, WTO concept, biomedicine concept, whole listing concept, stock index futures concept, but in the stock market, the inherent meaning of the concept is not just a generalization of a certain stock category, but its extended meaning is market consensus. For example, the concept of network, before the network became a concept, the stocks involved in the Internet could only be called plates at best, which was a neutral definition, but the meaning of becoming a concept changed. This concept is a more positive and positive investment consensus. Investors will make very detailed analysis and research on the industry background, investment opportunities and future prospects of concept stocks, and they are not always confident to report them.
The concept of stock market has a very powerful advertising effect. A stock itself may not be very attractive, but once it is included in a concept, it will be closely watched by all investors. For example, Shanghai Meilin (600073) was a canning company in the early days, and later some products such as mineral water were produced. The performance was mediocre and the industry was outdated. Few investors paid attention to this company. 1999, the company turned into a network concept stock and did open an e-commerce website, mainly selling its mineral water. So this stock immediately became the focus of general concern in the stock market.