Current location - Trademark Inquiry Complete Network - Tian Tian Fund - Why does the stock limit?
Why does the stock limit?
Different people will choose different investment methods. Even if everyone chooses the method of stock investment, they don't necessarily agree with the idea of stock trading, but many people are more concerned about how stocks will rise and fall. Then the following small series will give you an understanding, and interested friends should look carefully!

To answer this question, it is necessary to make it clear what a stop-loss board is. Stopping the board is the rule of the game in the stock market. In order to prevent the stock price from skyrocketing and plunging, resulting in excessive speculation and market disorder, the stock exchange will limit the price fluctuation of the stock market within a trading day according to relevant laws and regulations.

If the stock market price of the day goes up and down to the upper and lower limits, it can't go up and down any more. This is called stop loss. The highest price limit for the stock price to rise on that day is called the daily limit, and the lowest price limit for the stock price to fall on that day is called the daily limit. The stock price at the limit is called the limit, and the stock price at the limit is called the limit. This provision applies to both international and domestic stock markets. Only in different countries, different markets, different stocks and different periods, the prescribed increase is different.

1996 12 16 People's Daily published a special commentator's article, pointing out that there is excessive speculation in the China stock market. On the same day, it announced the implementation of the 10% price limit system for listed stocks and fund securities.

1On April 22, 1999, the Shanghai and Shenzhen stock exchanges decided to implement special stock trading (ST) for listed companies with "abnormal financial conditions", stipulating that their price increase and decrease should be 5%.

According to the above regulations, in China's Shenzhen and Shanghai stock markets, general stocks rose by 10% and ST stocks rose by 5%. When the price of a stock reaches the prescribed daily limit within a trading day, its share price will no longer rise, and a large number of transactions will close at the prescribed daily limit, forming a price stagnation state, and the daily limit will appear accordingly.

There is no smoke without fire, and things always change for a reason. In the stock market, the stock price is based on the available complete information, which is quickly adjusted according to the latest information changes and fluctuates around its investment value. Stocks are bullish because the evaluation of stocks by market information sources is rising, while prices are bearish because the evaluation of stocks by information sources is declining. External cause is the condition of change, and internal cause is the basis of change. The stock will rise to the daily limit, which is a reflection of the single or joint action of internal and external factors of listed companies, a sign of qualitative change caused by quantitative change, and a manifestation that both long and short sides have the upper hand temporarily; To put it bluntly, it is the result of buying more and selling less, buying more and selling less. However, there are many different influencing factors as the leading reasons for the detailed analysis of this long-short change.

1. Policy reasons; 2. Performance reasons; 3. Reasons for asset reorganization; 4. The reason for the concept hype; 5. oversold rebound, stock sector linkage, the influence of changes in the surrounding market, market reversal; 6. The daily limit stems from the care of the main funds; 7. The daily limit is the result of the operation of main funds;

Stock daily limit condition

Condition 1: Market background

As we know, the principle of enriching the country and strengthening the people can also be applied to the stock market. The big environment breeds big bull stocks, and a good investment environment and the improvement of the national economic level are all necessary conditions for forming a good market environment.

Condition 2: Potential of individual stocks

Having a good environment is the premise (of course, we ignore those demon stocks that rise against the trend here). The environment alone is not enough to make a stock limit, but also depends on the potential of the stock itself. The potential of individual stocks includes profitability, management level, strength, market pursuit and whether there is large funds to pull the board.

Condition 3: Trend demand

There is a kind of stock, which is neither in the big environment nor a hot topic that people often discuss, but it has ushered in a daily limit because of the change of people's habits.

Summary: It is not difficult to draw a conclusion that a stock should conform to a good market environment, the fiery degree of its own stock, the situation of capital circulation, and whether it can catch up with the trend. Natural investors can make a comprehensive analysis of these conditions when looking for stocks with daily limit.

It can be seen that it is impossible to make the stock daily limit, and it can only be achieved by the main force. Only when the weather is right and the people are in harmony can the stock daily limit be realized. However, as long as investors understand the daily limit trend of stocks, they will certainly find some stocks that can be daily limit.