1, China stock market is People's Republic of China (PRC) stock market. 1989 was started as a pilot project, and it was established in line with the concept of stopping when it is tried, or stopping when it is not good. 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. After the "3.27 Treasury bond futures incident", the China futures market was completely rectified and cleaned up on 1995, and the China stock market became the object of support, which ushered in a real positive and entered a period of great development.
2. The biggest feature of China stock market is that the state-owned shares and legal person shares promise not to circulate when they are listed, so only the tradable shares are traded in the market according to the share price, but the index is calculated according to the total share capital, thus forming the characteristic of "controlling more with less" in the transaction. The closing price refers to the transaction price of the last transaction of a security before the end of one-day trading activities on the stock exchange. If there is no transaction on that day, the latest transaction price is taken as the closing price, because the closing price is the standard of the current market and the basis of the opening price of the next trading day, which can be used to predict the future securities market; Therefore, when analyzing the market, investors generally take the closing price as the calculation basis.
3. The closing price, also known as the closing price, refers to the transaction price of the last transaction of a security on each trading day of the stock exchange. If the securities are not traded on the same day, the latest trading price is adopted as the closing price. For securities listed for the first time, the closing price is the average price publicly sold before listing. If the stock exchange opens the front and back markets every day, there will be a closing price in the front market and a closing price in the afternoon. Generally speaking, the closing price of the stock exchange in the afternoon is the closing price of the day. In China, Shenzhen Stock Exchange and Shanghai Stock Exchange, the determination of stock closing price is different. The closing price of Shenzhen Stock Exchange is calculated by the weighted average of all transactions in the last minute of each trading day, and the weighted average price of all transactions in the last minute of the last transaction of the securities (including the last transaction) is taken as the closing price.