Hong kong stock exchange rules.
First, the price. Every security traded on an exchange is traded at a specific "price", which represents the minimum range of price increase or decrease and is related to the price range of the securities. The exchange price list stipulates that the stock price ranges from 0.0 1-0.25 Hong Kong dollars (the price is 0.00 1 Hong Kong dollars) to 1000-9995 Hong Kong dollars (the price is 2.50 Hong Kong dollars). When the price of a stock rises or falls to another price range, its price will also change.
Second, the opening quotation. The rules of the exchange stipulate that the "opening price" should be carried out according to procedures to ensure the continuity of prices between two adjacent trading days and prevent the market from fluctuating violently when the market opens: the first buy or sell order entering the trading system on each trading day is regulated by the opening price rules. The price of the first order cannot exceed the previous day's closing price by 4 prices.
Hong kong stock trading varieties
I. Stocks
Up to now, there are 1206 listed companies in the Hong Kong stock market. Here are many international giants, including famous companies such as Microsoft and Intel. In addition, a feature of Hong Kong stocks is that they can short a certain kind of securities.
Second, the warrants
Hong Kong stock warrants are divided into equity warrants and derivative warrants. Equity warrants have no leverage ratio, derivative warrants have leverage ratio, and the issuer of equity warrants is a listed company; The underlying securities of covered warrants can be not only individual stocks, but also stock indexes.
Third, the bull-bear certificate. Bull-bear certificate is a combination of bull certificate and bear certificate, and it is a structural product that reflects the performance of related assets. There is a compulsory redemption mechanism for bull and bear certificates. When the positive share price is equal to the redemption price, higher than the redemption price of bull certificates or lower than the redemption price of bear certificates, compulsory redemption will be implemented.
Four. Trust/fund. A unit trust/mutual fund refers to a unit that issues funds to investors and invests the investors' funds together in a portfolio of different types of securities.
Characteristics and advantages of futures trading;
1, bring your own lever (free): it can be small and wide.
2. The participation threshold is low: you can participate with a minimum of 2,000 RMB.
3, two-way trading: you can do more (buy up) and short (buy down). As long as the direction is right, you can make money whether the price goes up or down. Many trading opportunities.
4.T+0 trading system: countless transactions can be made on the same day.
5. Limited losses and unlimited gains: futures have a powerful plane system. When the margin is insufficient, the position will be strong. It has its own leverage and has a large profit margin.
6. The varieties are few but fine, which is easy to grasp: there are about 40 popular futures varieties.