Terminology of reduction, stock market and futures market. Non-tradable shares can be circulated and then thrown out for cash, which is called reduction. The following is the information that Bian Xiao collected for you about the major shareholder's reduction. Welcome to reading.
What does it mean for major shareholders to reduce their holdings?
A major shareholder refers to a shareholder with a relatively large share, that is to say, compared with other shareholders, this shareholder has the largest share. The major shareholder's reduction refers to the phenomenon that the major shareholder sells the stocks held by him in a large area, which leads to the decline of the stock price.
Influence of major shareholder's reduction on stock price
1 diluted the total amount of funds in the secondary market. Because major shareholders reduce their holdings by 1%, they will often bring tens of millions or even hundreds of millions of yuan out of the securities market, especially those major shareholders who reduce their chips from the perspective of financial investment.
2. Shareholders' substantial reduction shows that the company's leadership has found that the company's profitability will drop sharply in the future, and the stock price may become a high point that cannot be surpassed for a long time in the near future, which has obviously suppressed the stock price.
3. Remind financial capital from the perspective of industrial capital, because even the controlling shareholders have started to reduce their holdings, then why do small and medium-sized investors as financial capital have to struggle to support it? Therefore, shareholder reduction is equivalent to providing a new valuation scale.
4. Revitalize the chips in the stock market and improve the liquidity of the chips in the stock market. After all, some major shareholders have reduced their holdings not because their share prices are seriously overvalued, but because of financial problems.
5. Once the investors' chips are absorbed by the market and the stock price is rising actively, it is very likely to strengthen the bull market atmosphere of the stock market, just like continuous reduction.
What is call auction?
Shanghai Stock Exchange and Shenzhen Stock Exchange are scheduled for 9: 0015 to 9: 25 a.m.. A lot of information about buying or selling a stock is input into the computer, but at this time the computer only accepts information and does not match. Just before the official opening of the market (9: 30), the computer began to work. Ten seconds later, the computer sets the price, and the opening price of this stock is generated according to the first determined price with the largest transaction, and it is reflected on the screen in time. This way is called call auction (there is no call auction when the market opens in the afternoon).
Call auction can reflect whether the stock is active or not. If it is active, the price generated by call auction is generally higher than the price of the previous day, indicating that the selling enthusiasm is high and the stock has a downward trend. If it is an inactive stock or an unpopular stock, the price generated by call auction is generally lower than that of the previous day, and it is sold less, and the stock has an upward trend.
Specifically, in call auction, several or all of the entrusted quotations in a period of time are gathered together, and a transaction price is generated according to the principle of not higher than the application price and not lower than the application price. The largest number of stocks are traded at this price, and this price is taken as the transaction price of all entrusted transactions.
The so-called call auction means that when there is no transaction price on that day, the stock price can be input according to the closing price of the previous day and the forecast of the stock market on that day. During this period, all the prices entered into the computer mainframe are equal, and it is not necessary to trade according to the principle of time priority and price priority, but to determine the stock price according to the principle of maximum trading volume. This price is called call auction's price, and this process is called call auction. Until after 9: 25, you can see the transaction price and quantity of call auction of various stocks in the stock market of securities companies. Sometimes a stock can't be traded because the price given by the buyer is lower than the price given by the seller, so the trading price column of this stock in the market is empty after 9: 25. Of course, sometimes some companies suspend trading for a period of time because they want to release news or hold a general meeting of shareholders, so the transaction price column of the company's stock in call auction is also empty. Because call auction clinched a deal according to the maximum transaction amount, so for ordinary investors, in call auction time, as long as the price of the entering stock is higher than the actual transaction price, you can clinch a deal. So the price can usually be higher and there is no danger. Because the number of shares bought by ordinary investors will not be large, it will not affect the call auction price of shares, but at this time, you must have enough funds on your fund card.