The summary of 1 and four is different:
(1) Overview of US stocks: namely, the US stock market.
(2) Overview of Hong Kong stocks: refers to the stocks listed on the Hong Kong Stock Exchange.
(3) Overview of Shanghai Stock Exchange: Shanghai Stock Exchange (English) is one of the two stock exchanges in Chinese mainland, established at1990165438+1October 26th [1]? , located in Pudong New Area, Shanghai.
(4) Overview of Shenzhen Stock Exchange: Shenzhen Stock Exchange (SZSE in English and SZSE in Chinese) was established in 1 99065438+February1. It is a legal person who provides places and facilities for centralized securities trading, organizes and supervises securities trading, performs duties stipulated by relevant state laws, regulations, rules and policies, and implements self-management.
2. The trading hours of the four companies are different:
(1) US stock trading hours: The United States adopts daylight saving time from April to1early October every year, and the trading hours during this period are from 2 1: 30 pm Beijing time to 4:00 am the next day. However, from early June 165438+ to early April, the trading time is from 22: 30 pm Beijing time to 5:00 am the next day.
(2) Trading hours of Hong Kong stocks: The trading hours of HKEx have been adjusted several times. At present, the trading hours are 9:00 ~ 9:30, 09:30 ~ 12:00, noon 12:00~ 13:00 before trading. There is no afternoon trading on Christmas Eve, New Year's Eve or Lunar New Year's Eve.
(3) Trading hours of Shanghai Stock Exchange: The trading hours of Shanghai Stock Exchange are from Monday to Friday. The morning is the former market, call auction time is from 9: 15 to 9:25, and the continuous bidding time is from 9:30 to 1 1:30. Afternoon is afternoon, and the bidding time is continuous from 13:00 to 15:00, and it is closed on Saturdays, Sundays and rest days announced by the SSE.
(4) Shenzhen trading hours: the closing time of the normal trading day of the securities market is extended 10 minutes to 16: 10. At the same time, the closing time of stock index futures and options contracts was extended from 16: 15 to 16:30 (except the last trading day of each month).
As for the half-day market (for example, 65438+February 24th, 65438+February 3rd1or the day before the first day of the first lunar month), the trading time of the securities market is extended from 12: 30 to 12: 40, and the closing time of stock index futures and options contracts is also changed from/kloc-0.
3. These four rules are different:
(1) US stock rules: You only need to open a securities account to buy and sell US stocks, and this account also has the function of a bank account. If you deposit money in this account but don't buy stocks, the broker will pay you interest, but will deduct the tax of 10%. If you want to be tax-free, you can choose to transfer short-term funds automatically, and the brokerage company will make a profit.
(2) Hong Kong stock rules: The exchange rules stipulate that the "opening price" should be carried out according to procedures to ensure the continuity of prices between two adjacent trading days and prevent the market from fluctuating violently when the market opens: the first buy or sell order entering the trading system on each trading day is regulated by the opening price rules. The price of the first order cannot exceed the previous day's closing price by 4 prices.
(3) Rules of Shanghai Stock Exchange: Based on the independent research and development of core systems, improve the level of technology development and management, and build a safe, efficient, independent and reliable comprehensive technical support service platform with a new generation of trading systems with high availability, high scalability and high performance.
Based on realizing the long-term development strategy, improving its own governance and management level, adapting to the requirements of China's reform and opening up and economic and social development in the new period, we will build a stock exchange with its own distinctive characteristics and core competitiveness on a global scale.
(4) Rules of Shenzhen Stock Exchange: The stock exchange is the organizer and supervisor of the market, and front-line supervision of market operation is the core responsibility of the exchange. The isomorphism of trading rules, listing rules and membership management rules has become the cornerstone of front-line supervision of exchanges.
Second, some companies are listed on both US and Hong Kong stocks in order to obtain more financing channels.
Baidu encyclopedia-American stocks
Baidu encyclopedia-hong kong stocks
Baidu Encyclopedia-Shanghai Stock Exchange
Baidu Encyclopedia-Shenzhen Stock Exchange