Through this part of the study, it is required to master the basic knowledge, basic theory, main regulations and professional ethics of securities and securities markets; Master the main business and risk supervision of securities intermediaries. Master the definition, classification and characteristics of securities and marketable securities; Master the definition, characteristics, structure and basic functions of the securities market; Understand the meaning and composition of commodity securities, currency securities, capital security, money market and capital market.
Master the composition of securities market participants, including securities issuers, securities investors, securities market intermediaries, self-regulatory organizations and securities regulatory agencies; Master the subject and purpose of securities issuance; Master the main types and investment management of institutional investors; Master the meaning and types of intermediary institutions in the securities market and the composition of self-regulatory organizations in the securities market; Familiar with the risk characteristics and investment suitability of investors; Familiar with the main responsibilities of stock exchanges, securities associations, securities registration and settlement institutions and securities regulatory agencies; Understand the meaning of individual investors.
Familiar with the background, history, present situation and future development trend of the securities market; Understand the new trends of the global securities market after the outbreak of the subprime mortgage crisis in the United States; Master the historical development stage of the new China securities market and the contents of opening to the outside world; Familiar with the changes in China's capital market after the implementation of the new securities law and company law; Familiar with the measures taken in the face of the global financial crisis; Familiar with the main contents of Several Opinions on Promoting the Reform, Opening-up and Stable Development of the Capital Market (Article 9 of the State); Understand the securities market in the early stage of capitalist development and before the liberation of China; Understand the contents of the opening-up of China's securities industry after China's entry into WTO. Master the definition, nature, characteristics and classification methods of stocks; Familiar with the differences and characteristics of common stock and preferred stock, registered stock and bearer stock, par value stock and non-par value stock; Master some concepts of fund management related to stocks;
Familiar with the different meanings and relationships of stock face value, book value, liquidation value and intrinsic value; Master the relationship and difference between theoretical stock price and market price; Master the basic factors and other factors that affect stock price changes.
Master the rights and obligations of common shareholders; Master the company's profit distribution order, dividend distribution principle and surplus assets distribution order; Familiar with the concepts of shareholders' right to participate in major decision-making, asset income right, residual asset distribution right and preemptive right.
Familiar with the definition and characteristics of preferred stock; Understand the significance of issuing or investing in preferred shares; Understand the classification of preferred stocks and the meanings of various preferred stocks.
Master the concept of various stocks classified according to the nature of investors in China; Master the meaning of state shares, legal person shares, social public shares and foreign capital shares; Grasp the classification and meaning of China stocks according to whether circulation is restricted; Familiar with the concepts of A shares, B shares, H shares, N shares, S shares, L shares and red chips.
Familiar with the share-trading reform in China. Master the definition, par elements, characteristics and classification of bonds; Familiar with the similarities and differences between bonds and stocks; Familiar with the basic nature of bonds and the main factors affecting the maturity and interest rate of bonds; Familiar with the concepts and characteristics of various bonds.
Master the definition, nature and characteristics of government bonds; Master the classification of central government bonds; Familiar with the general situation of China's national debt issuance and the varieties, characteristics and differences of China's national debt; Understand the issuers, classification methods of local bonds and the issuance of local government bonds in China; Familiar with the concepts of national debt, deficit bond, construction bond, special bond, physical bond, currency bond, book-entry bond, voucher bond and savings bond; Be familiar with the purpose and situation of issuing special bonds in China.
Master the definition and classification of financial bonds, corporate bonds and corporate bonds; Master the management regulations of corporate bonds in China; Familiar with the varieties and issuance of financial bonds in China; Familiar with the role and issuance of central bank bills; Familiar with the meaning of various corporate bonds; Familiar with China corporate bond management regulations; Familiar with the difference between corporate bonds and corporate bonds in China; Familiar with the difference between exchangeable bonds and convertible bonds; Familiar with the management regulations of convertible corporate bonds, convertible corporate bonds that can be traded separately and exchangeable corporate bonds in China.
Master the definition and characteristics of international bonds; Master the concepts and characteristics of foreign bonds and European bonds; Understand the general situation of international bond issuance in China; Understand foreign bonds such as Yankee bonds, samurai bonds and panda bonds; Understand the dragon bond market; Understand the Asian bond market. Master the definition and characteristics of securities investment funds; Master the difference between funds and stocks and bonds; Familiar with the function of the fund; Familiar with the development of China securities investment fund industry; Familiar with the classification method of securities investment funds; Master the definitions and differences between contractual funds and corporate funds, closed-end funds and open-end funds; Master the content of money market fund management; Familiar with the meaning of various funds; Master the concept and characteristics of exchange-traded open-end funds; Understand the similarities and differences between ETF and LOF.
Familiar with the rights and obligations of fund share holders; Master the concept, qualifications, responsibilities, replacement conditions and business scope of fund managers; Master the concept, conditions, responsibilities and replacement conditions of fund custodian; Familiar with the relationship between the parties of the fund.
Familiar with the meaning and extraction rules of fund management fee, custody fee, transaction fee, operation fee and sales service fee. Source: Examination University
Grasp the meaning of the net asset value of the fund; Familiar with the concept and basic principle of fund asset valuation.
Familiar with fund income sources, profit distribution methods and distribution principles; Grasp the investment risk of the fund; Understand the information disclosure requirements of the fund.
Master the investment scope and investment restrictions of the fund. Master the concept, basic characteristics and different classification methods of financial derivatives according to the types, product forms, trading places and trading methods of basic instruments; Understand the reasons for the emergence and development of financial derivatives and the latest development trend of financial derivatives.
Master the definition, basic characteristics and main differences of spot, forward and futures trading; Master the concepts and types of financial forward contracts and forward contract markets; Understand the basic situation of forward transactions, foreign exchange forward transactions, forward interest rate agreements and overseas RMB NDF in China's inter-bank bond market at this stage.
Master the definitions of financial futures and financial futures contracts; Familiar with the difference between financial futures trading and financial spot trading and forward trading; Master the main trading systems of financial futures, such as centralized trading system, standardized futures contract and hedging mechanism, margin system, debt-free settlement system, warehouse limit, large account reporting system, daily price limit, and fuse rules; Master the main categories of financial futures contracts; Understand the mainstream varieties and trading rules of overseas financial futures contracts. Master the contents and trading rules of Shanghai and Shenzhen 300 stock index futures contracts; Master the hedging function, price discovery function, speculation function and arbitrage function of financial futures. Understand the main types and trading characteristics of swap transactions; Understand the business content of RMB interest rate swap; Understand the meaning and main risks of credit default swaps (CDS).
Master the definition and characteristics of financial options; Master the differences between financial futures and financial options in basic assets, symmetry of rights and obligations, performance guarantee, cash flow, profit and loss characteristics, and the role and effect of hedging; Familiar with the main types of financial options according to the nature of options, the time of contract performance and the nature of the underlying assets of options; Understand the main functions of financial options.
Master the definition, classification and elements of warrants; Familiar with the issuance, listing and trading of warrants.
Master the definition and characteristics of convertible bonds; Master the main elements of convertible bonds. Master the concept of separable corporate bonds with warrants and the difference between them and general convertible bonds.
Master the definition of depositary receipts; Understand the types of American depositary receipts and the institutions related to the issuance and trading of American depositary receipts; Understand the advantages of depositary receipts; Understand the Depositary Receipts issued in China.
Master the meaning of asset securitization and the main types of securitization assets; Master the relevant parties of asset securitization; Understand the structure and process of asset securitization; Understand the present situation, characteristics and development trend of China banking credit asset securitization and real estate trust and investment institutions; Understand the subprime mortgage crisis in the United States and related securitization products.
Master the definition and classification of structured derivatives and the benefits and risks of structured financial derivatives. Familiar with the concepts of securities issuance market and trading market and their relationship; Master the meaning, function and composition of the distribution market; Familiar with the classification of securities issuance; Master the securities issuance system and the securities issuance system in China; Familiar with securities underwriting system. Master the types and conditions of stock issuance in China; Master the issuing method and pricing method of China stock. Master the issuance management and conditions of corporate bonds in China; Familiar with bond issuance and pricing methods.
Master the definition, characteristics and functions of the stock exchange; Familiar with the organizational form of stock exchange; Master the hierarchical structure of China stock exchange market; Familiar with the listing system of China stock market; Familiar with the operating system of the stock exchange; Master the principles and rules of securities trading. Familiar with the definition, characteristics and functions of OTC market; Familiar with the main functions and trading system of the inter-bank bond market; Familiar with the concept of China agency share transfer system, the types of listed companies and management regulations.
Master the concepts and functions of stock price average and stock price index, and understand the preparation steps and methods; Master the major domestic stock price index, bond index and fund index; Understand the major international securities markets and their stock price averages and stock price indices.
Master the concepts of income and risk of securities investment; Familiar with the sources and forms of stock and bond investment income; Grasp the meaning of systematic risk and non-systematic risk in securities investment, and be familiar with its source, mechanism, influencing factors and the relationship between income and risk. Master the definition of securities company; Understand the development process of China securities companies; Master the conditions for establishing a securities company in China and the requirements for registered capital; Master the forms, conditions and regulatory requirements for securities companies to set up branches; Familiar with the evolution of securities company supervision system.
Master the types, business contents and relevant management regulations of major businesses of securities companies.
Master the main contents of the governance structure of securities companies; Master the objectives and principles of internal control of securities companies, and be familiar with the main contents of internal control of various businesses of securities companies; Familiar with the concept and basic system of compliance management of securities companies, as well as the qualifications, responsibilities and performance guarantee of compliance director. Master the risk control index management, net capital and its calculation regulations, risk control index standards and regulatory measures of securities companies.
Familiar with the types of securities service institutions; Familiar with the management of securities legal business of law firms; Familiar with the management of securities and futures related business of certified public accountants; Familiar with the management of securities and futures investment consulting institutions; Familiar with the management of credit rating agencies engaged in securities business; Familiar with the management of asset appraisal institutions engaged in securities and futures business; Master the management of securities finance companies engaged in refinancing business; Familiar with the legal responsibility and market access of securities service institutions. Master the adjustment object, scope and main contents of securities law and company law; Familiar with the object, scope and main contents of the adjustment of the Securities Investment Fund Law, and familiar with the main provisions of the Criminal Law on securities crimes.
Master the main contents of the Regulations on Supervision and Administration of Securities Companies and the Provisions on Risk Disposal of Securities Companies. Master the inquiry system of initial public offering of stocks and the provisions on securities trading in the Measures for the Administration of Securities Issuance and Underwriting; Master the relevant provisions of the Measures for the Administration of Pilot Margin Trading of Securities Companies and business guidelines; Master the relevant provisions of the Interim Measures for the Administration of Initial Public Offering of Growth Enterprise Market; Master the relevant provisions of the "Regulations on the Prohibition of Securities Market".
Familiar with the significance and principles of securities market supervision, the objectives and means of market supervision. Master the securities market supervision institutions in China; Master the the State Council securities regulatory body and its composition; Familiar with the responsibilities and authority given to securities regulatory agencies by the new securities law. Master the contents of the supervision of securities issuance and listing, securities trading market, listed companies and securities operating institutions. Master the source, use, supervision and management of the securities investor protection fund; Familiar with the significance and responsibilities of establishing China Securities Investor Protection Fund Company.
Familiar with the securities market self-regulatory agencies; Master the main functions of the stock exchange, the first-line supervision power, and the self-discipline management of securities trading activities, members and listed companies; Master the responsibilities of the securities industry association and the self-discipline management of member units, employees and agency share transfer system; Familiar with the relevant provisions on the qualification management of securities practitioners; Familiar with the main contents of the credit information management system for securities practitioners; Familiar with the establishment conditions, functions and self-discipline management of the securities registration and settlement company; Master the applicable objects and self-regulatory institutions, basic standards, prohibited behaviors, supervision and punishment stipulated in the Code of Conduct for Securities Practitioners.