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Does securities investment include stock futures?
A stock is a kind of security.

Securities investment does not include futures. Just look at the concept of securities. Securities refer to the written documents issued by the issuer to raise funds, indicating that its holders directly or indirectly enjoy the equity or creditor's rights against the issuer and can be transferred, including bonds, stocks, new share warrants, investment fund securities and other various derivative financial instruments. Securities stipulated in the Securities Law refer to stocks, corporate bonds and other securities legally recognized by the State Council.

Investments include futures, stocks, gold and so on.