China stock market, also known as China stock market, was established as a pilot by 1989, and it is based on the idea of stopping after trying well and stopping after trying badly. Therefore, in the stock market operation before 1995, the biggest negative news is usually the news that the China stock market pilot will stop and the stock market will close.
1. the difference between securities and stocks: different meanings: stocks are part of investors' capital investment in listed companies. Securities refer to a wider range of financial assets, such as bank bills, bonds, stocks, futures, forwards, options, swaps and so on. These securities are classified into different types according to their distinctive features.
2. Different functions: Debt securities such as bonds, bonds and bank notes are the forms of obtaining credit, and the holders of debt securities (lenders) have the right to receive the payment of principal and interest. Stocks and stocks are equity securities, representing the owner's equity of the company's assets. Shareholders of a company can trade stocks on the stock exchange at any time.
3. Different returns: Shareholders' returns on bundled funds are dividends or capital gains from selling shares at a price higher than the purchase price. Derivatives, such as futures, forwards and options, are the third kind of securities, representing contracts or agreements signed by both parties to perform specific actions or fulfill commitments in the future. In a narrow sense, securities mainly refer to securities products in the securities market, including property market products such as stocks, debt market products such as bonds, and derivative market products such as stock futures, options and interest rate futures.
4. There are three gaps in stocks: in a general round of market, the first gap is called a breakthrough gap. The second gap is called the relay gap. The third gap is called exhaustion gap. In addition to breaking through the gap, the other two gaps will be covered soon. China stock market has always had the habit of making up shortcomings. The gap is often caused by the impulse of both long and short sides under the stimulation of sudden external factors. After that, after the market time gradually digests the stimulating factors and the rationality of buyers and sellers gradually recovers, theoretically, the gap will be made up. Generally speaking, if the gap is not filled by the next secondary market, it may be filled by the next intermediate market. If the time is longer, it will be taken away by the next original trend.
Among them, the gap is mostly caused by the extreme mentality of both sides. With the gradual digestion of market stimulus, gap theory will make up for it. Generally speaking, the gap is often closed by the subsequent secondary market, otherwise it may be covered by the next intermediate market. From the technical analysis, the gap is generally an obvious trend signal. If the stock price jumps upward, it means that the upward trend may come; If there is a downward gap in the stock price, it may indicate adjustment or decline. Except for the right gap caused by annual dividend, share allotment or additional issuance, the gap we encounter can generally be divided into four types: ordinary gap, breakthrough gap, persistent gap and consumable gap.