The stock itself has no value, but it can be sold as a commodity at a certain price. The stock price is also called the stock market, which is not equal to the face value of the stock. The par value of a stock represents the monetary capital invested in the stock, which is fixed; However, the stock price is changeable, and it is often larger or smaller than the face value of the stock. The buying and selling of stocks is actually the right to get dividends, so the stock price is not the monetary expression of the actual capital value it represents, but a capitalized income. Stock prices are generally determined by dividends and interest rates. For example, if there is a stock with a face value of 100 yuan, it can get a dividend of 10 yuan every year, that is, a dividend of 10%, and the interest rate at that time was only 5%, then the price of this stock is 10 yuan ÷5%=200 yuan. The calculation formula is: share price = dividend/interest rate. It can be seen that the change of stock price is directly proportional to dividend and inversely proportional to interest rate. If a joint-stock company is in good operating condition, dividends increase or expected dividends increase, the share price of this joint-stock company will rise; On the contrary, it will fall.
Re-custody, also known as securities re-custody, is a special business for re-custody of securities listed on Shenzhen Stock Exchange. It means that investors entrust their securities listed on Shenzhen Stock Exchange to another securities company for custody, which is a voluntary act of investors. The securities bought by investors in which brokerage firm can only be sold in that brokerage firm. If investors need to transfer their shares to other brokers for entrustment, they should go through the transfer and custody procedures at the original custody brokers. Investors can transfer all their own securities at one time, or transfer part or part of the same kind of securities when going through the formalities of transferring custody. The re-hosting business of Shenzhen Stock Exchange is different from previous years. The current re-custody business is handled through the trading system of Shenzhen Stock Exchange. However, it should be noted that the securities transferred through the trading system only include A shares, funds and convertible bonds. The Shenzhen Stock Exchange is listed, and warrants and government bonds cannot be transferred to custody.
Beijing funds have increased their holdings significantly, Gao Yi has heavily invested in assets, and Wanfeng Aowei's trend has bottomed out and is ready to go.