The official name of 1A shares is RMB common stock. Common shares issued by domestic companies for domestic institutions, organizations or individuals (excluding investors from Taiwan, Hong Kong and Macao) to subscribe and trade in RMB. The official name of B shares is RMB special shares, which are denominated in RMB, subscribed and traded in foreign currency, and listed and traded on domestic (Shanghai, Shenzhen) stock exchanges. Its investors are limited to foreign natural persons, legal persons and other organizations, natural persons, legal persons and other organizations in Hongkong, Macau and Taiwan Province Province, and China citizens who have settled abroad. Other investors as stipulated by China Securities Regulatory Commission. At present, B-share investors are mainly institutional investors in the above categories. B-share companies are registered and listed in China. Only investors are overseas or in China, Hongkong, Macau and Taiwan Province Province. After six years' development, since 199 1 issued the first B-share Shanghai Electric Vacuum Japan at the end of the year, the B-share market in China has developed from a local market to an all-gender market managed by the China Securities Regulatory Commission. By the end of 1997, there were B shares10/0/share in China, with a total share capital of 125 billion shares and a total market value of 37.5 billion RMB. Compared with A-share market, B-share market is much smaller. H shares, that is, foreign shares registered in the mainland and listed in Hong Kong. The English of HongKong is Hong Kong, and the foreign shares listed in Hong Kong are called H shares. By analogy, new york's initials are N, Singapore's initials are S, and stocks listed in new york and Singapore are called N shares and S shares respectively. B shares need to be opened separately, which is different from A shares. Other H shares, N shares or S shares cannot be directly invested by domestic investors at present. Generally, investment should be made through QDII funds or other investment channels. Speculation of new shares generally refers to speculation of new shares just after IPO, that is, stocks just listed. Domestic investors generally speculate on A shares. To speculate in A shares, you need to open an account first. You can open accounts in some securities companies in Guangzhou. The main steps are as follows: 1). Go to a bank with a third-party depository business of bank-securities transfer in the business department of a securities company and open a shareholder account in the securities business hall with my ID card and bank card during stock market trading hours (the registration fee for shareholder cards is generally 90 yuan, and some business departments are free), and the business department will give you a customer capital account (generally use the capital account to log in to the trading system); The stock trading hours are from Monday to Friday (closed on holidays) at 9: 30- 1 1: 30, 13: 00- 15: 00. Call auction time is 9: 15-9: 25, inclusive. 2) Go through the online transaction procedures; 3) Opening the third-party custody business of bank-securities transfer; The above three items must be handled by myself (with ID card), and no agency is allowed. 4) Download the trading software of the securities company (with market analysis software) and install it on the computer; Generally, you can log in to the online trading system with your own customer number. After entering the system, you can transfer the bank's money to a securities company through bank-securities transfer, and you can buy stocks. You can buy stocks in Shenzhen on the day you open an account and in Shanghai on the second trading day. Stocks bought on the same day can only be transferred out on the second trading day (T+ 1), and the money for selling stocks can be bought on the same day, then transferred to the bank on the second trading day (T+ 1), and can be withdrawn immediately after being transferred to the bank. By doing the above steps, you can stock online. In which brokerage firm do you open an account? Just go to the website of that brokerage firm and download it. These are very professional softwares with complete information. Generally, there are several different kinds of stock trading softwares (including Great Wisdom, Tongda Letter, etc. ). Others, for reference only, stock trading may not be very safe. 4K-line view: K-line theory originated in Japan and is the oldest technical analysis method. 1750 the Japanese began to analyze rice futures with yin and yang candles. K-line has the characteristics of image thinking that orientals are good at, and it is not as quantitative as the technical indicators obtained by deduction in the west, so subjective consciousness has the upper hand in application. In the face of all kinds of K-line combinations, novices can't help feeling embarrassed. In fact, concentration is the essence. Just as Bruce Lee changed his moves from complicated to simple, he could defeat the enemy with one move. The author also summed up the voluminous K-line solution into three simple moves, namely, looking at yin and yang, looking at the size of the entity and looking at the length of the shadow line. At first glance, Yin and Yang represent the trend direction, the positive line indicates that it continues to rise, and the negative line indicates that it continues to fall. Take Yangxian as an example. After a period of long and short struggle, the closing price is higher than the opening price, indicating that the bulls have the upper hand. According to Newton's mechanics theorem, in the absence of external force, the price will still run in the original direction and speed, so the positive line indicates that the next stage will continue to rise, at least to ensure that the next stage will start with inertia. Therefore, the positive line often indicates that it will continue to rise, which is also in line with one of the three assumptions that the stock price fluctuates along the trend in technical analysis, and this trend is also the core idea of technical analysis. Similarly, the Yinxian line continues to fall. Second, look at the size of the entity. The size of the entity represents the intrinsic motivation. The larger the entity, the more obvious the upward or downward trend, and vice versa. Take Yangxian as an example, its entity is the part where the closing price is higher than the opening price. The larger the positive line entity, the greater the strength, just like the physical principle that the greater the mass and speed of the object, the greater its inertia impulse. The larger the Yangxian entity is, the greater its internal rising power will be, and the rising power will be greater than that of Xiaoyang entity. In the same way, it can be concluded that the larger the Yinxian entity, the more sufficient the downward momentum. Third, the length of the lower shadow line represents the turning point signal. The longer the shadow line in one direction, the more unfavorable it is for the stock price to move in this direction, that is, the longer the upper shadow line, the more unfavorable it is for the stock price to rise, and the longer the lower shadow line, the more unfavorable it is for the stock price to fall. Take the hatching as an example. After a long and short period of struggle, the Bulls were finally defeated in the last quarter. Once beaten, twice shy. No matter whether the K-line is Yin or Yang, the upper shadow line has constituted the upward resistance in the next stage, and the probability of downward adjustment of the stock price is greater. Similarly, the hatched line indicates that the probability of an upward attack on the stock price is high. 1, the daily K-line is drawn according to the four price points formed in the daily trend of stock price (index), namely, opening price, closing price, highest price and lowest price. When the closing price is higher than the opening price, the opening price is lower than the closing price, and the rectangular column between them is drawn in red or hollow, which is called the positive line; The highest point of the upper shadow line is the highest price, and the lowest point of the lower shadow line is the lowest price. When the closing price is lower than the opening price, the opening price is lower than the upper closing price. The rectangular column between them is drawn with black or solid lines, which is called negative line. The highest point of the upper shadow line is the highest price, and the lowest point of the lower shadow line is the lowest price. 2. According to the calculation cycle of K-line, it can be divided into daily K-line, weekly K-line, monthly K-line and annual K-line. Weekly K-line refers to the K-line chart drawn with the opening price on Monday, the closing price on Friday, the highest price and the lowest price in the whole week. The monthly K-line is based on the opening price of the first trading day of a month, the closing price of the last trading day and the highest and lowest prices of the whole month. The definition of annual K-line can also be derived. Weekly K-line and monthly K-line are often used to judge the mid-term market. For short-term operators, the 5-minute K-line, 15-minute K-line, 30-minute K-line and 60-minute K-line provided by many analysis software also have important reference value. 3. According to the fluctuation range of opening price and closing price, K-line can be divided into extreme yin, extreme yang, small yin and small yang, middle yin and middle yang, and big yin and big yang. Their approximate fluctuation range (as shown in the figure). The fluctuation range of extreme yin line and extreme yang line is about 0.5%; The fluctuation range of xiaoyin line and xiaoyang line is generally 0.6-1.5%; The fluctuation range of Yinzhong Line and Zhongyang Line is generally1.6-3.5%; The fluctuation range of Yin Da Line and Dayang Line is above 3.6%.