Hello, in response to your question, Guotai Junan Shanghai Branch gives the following answer: Stock trading means buying at low prices and selling at high prices.

Earn the difference.

The investment income of investors buying stocks mainly consists of two parts. One is the income obtained through dividends, that is, dividend income; the other part is capital gains income, that is, the price difference obtained after selling the stock through the increase in stock price.

If the level of dividend income is too low or unpredictable, investors will turn to focus only on the rise and fall of stock prices, thereby fueling the speculative atmosphere in the market; when dividend income is high and stable, investors will focus on both dividend income and capital gains.

Investors who pursue stable returns and pursue a value investment philosophy will choose stocks with sustained high dividend yields and give up unilateral excessive attention to stock prices.

Therefore, Guotai Junan believes that the existence of a group of companies in the capital market with high dividend levels and the ability to pay continuous dividends is an important basis for realizing value investment.

I hope the advice is helpful and once again remind you that the stock market is risky.

The stock selection criteria are: 1. Stocks that have adjusted in line with the market or ahead of the market in the past 2 or 3 months, with excellent performance (the long-term trend line has begun to turn in the opposite direction); 2. The profit growth of the main business performance has reached about 100% or even more;

The performance growth within 2 years is stable and has good growth potential. The best is for earnings per share to reach more than 0.5 yuan.

3. The P/E ratio is preferably lower than 20 times, and of course it is best if it is below 15 times. (As the stock price rises, the P/E ratio is also increasing. As long as the company's rapid profit growth does not stagnate, it can continue to be held, ignoring the increase in P/E ratio.

High, because stable and high profit growth will naturally reduce the price-to-earnings ratio) 4. The main capital accounts for about 50% of the total stock chips (it is best to exceed 30% of the circulating shares and even better to reach 40% or above. The main shipping time

As the cycle lengthens, small funds have more time to flee.) 5. Pay attention to the company's asset-liability ratio. If it is too high, it is not good. Liquidity is insufficient, and the company's operations are prone to crisis (if the company maintains stable high debt for a long time

The growth rate and high profit growth have strong growth potential, so ignore this problem and continue to hold it as long as the high growth factors are still there) 6. During the specific operation, when entering a stock, you must set a stop loss point.

It is very important. In normal times, it is to prevent yourself from being trapped after the main force ships. In times of weakness, when the market plummets, it is to avoid the risk of continuous plummets. After the stop loss level is broken down, you will not be able to close in a short period of time.

When you come back, you must stop the loss resolutely, resolutely implement your designated stop loss level, and overcome the fear of going up again after buying.

Don't believe the so-called stock commentators who say that they will resolutely not sell and then cover their positions to spread the low. This is a very bad statement, which makes investors passive and lose the initiative to invest.

7. Generally speaking, the stock market in a bear market has a volatile and downward trend. Of course, this is the case for most stocks. Therefore, there are no long-term stocks in a bear market, only short-term stocks (mid-term stocks need theme and financial support). The rebound after an "oversold" trend leads to a general rise.

Mainly, the risk of intervention is much smaller than the rebound on the way down (the rebound on the way down is often short-lived), so investors with conditional restrictions on stable short-term operations can consider trend investment to avoid bear market risks.

I hope our answer from Guotai Junan Securities Shanghai Branch can satisfy you!

I hope our answer from Guotai Junan Securities Shanghai Branch can satisfy you!

Respondent: Manager Tu, Account Manager of Guotai Junan Securities. If you still have questions, please feel free to ask questions on the official website of Guotai Junan Securities Shanghai Branch or the enterprise information platform.