Requesting an internship report on securities investment

Securities Investment Simulation Internship Report - On Short-term Investment From November 26th to December 19th, I conducted a securities investment simulation internship for about three weeks. Have a closer understanding of securities investment. The securities market is a place where securities are issued and traded. Broadly speaking, the securities market refers to the sum of all trading relationships targeting securities. From an economic perspective, the securities market can be defined as a trading mechanism that determines the price of securities based on supply and demand through free competition. In a developed market economy, the securities market is an important part of the complete market system. It not only reflects and regulates the movement of monetary funds, but also has an important impact on the operation of the entire economy.

The securities market affects modern society in its unique way and plays an important role in social and economic development. Therefore, there should be an objective evaluation of its functions and effects. 1. It is a bridge that connects fund suppliers and fund demanders. The securities market provides a regular and unified market that enables securities issuers, securities buyers, securities transferors and intermediaries to connect in this market. Facilitate the issuance and circulation of securities. 2. The securities market is another channel for enterprises to raise social funds. Bank savings deposits and insurance premiums absorbed by the insurance industry are all channels for absorbing idle social funds. However, ordinary enterprises cannot operate deposit-taking, insurance and financial trust businesses. Their channels for absorbing funds, in addition to the securities market, can only be obtained through banks, insurance companies and financial trust companies. The securities market provides an important channel for general enterprises to directly raise funds from the public. Companies can absorb part of social funds into the production field by issuing stocks or corporate bonds. 3. Provide the government with regulatory leverage for open market operations. Securities transactions in the securities market can be measured by many indicators. One of the indicators is the ratio of security income to security price, which is called security yield. The high or low of this indicator has a considerable impact on changes in other factors in the entire financial market. Therefore, the government can affect the securities interest rates in the securities market by buying and selling government bonds in the securities market. This is just like the central bank adjusting the rediscount rate to affect the discount rate of commercial banks. This becomes a lever for the government to indirectly regulate the financial industry. . 4. The securities market is a regulating agency for the reallocation of social funds. Securities investors are very sensitive to the returns of securities, and the return rate of securities depends to a large extent on the economic benefits of enterprises. The securities of companies with high economic benefits have more investors, and such securities are also actively traded in the market. On the contrary, companies with poor economic performance have fewer and fewer securities investors, and transactions in the market are not strong. Therefore, some funds in society will automatically flow to enterprises with good economic returns and stay away from enterprises with poor returns. This flow allows social capital to be reallocated. On the other hand, the securities market is interconnected with other financial markets. When money becomes loose in society, hot money will automatically flow to the securities market. Active transactions in the securities market will inevitably attract more hot money from the society, reduce the cost of companies issuing securities, and facilitate financing for the business community. On the contrary, when money tightens in society, funds in the securities market flow to banks, the cost of companies issuing securities increases, and the scale of investment is relatively reduced. Changes in the supply and demand relationship in the securities market can also form this spontaneous adjustment. When the supply and demand relationships in the financial markets of different countries are different, resulting in different market prices, funds will also flow between the financial markets of different countries. 5. The securities market is an important indicator for observing economic conditions. Although the companies listed on the securities market do not account for the majority of the total number of companies, they account for a considerable proportion of the company's assets. This shows that the listed companies are all large companies. Large companies are important enterprises in various production fields, and their development often affects the development of this industry. The index statistics in the securities market select the stock trading conditions of these representative large companies, which can reflect social and economic changes to a certain extent. Various types of indices on the stock market can also reflect the surplus and shortage of funds in society and the development of specific industries and enterprises. We should also see that the securities market also has a negative role, and it also provides a place for securities speculation. Speculation in the securities market will cause chaos in the market, which will then affect the order of other financial markets and may even aggravate social conflicts.

The development of the capital market plays an unquestionable role in promoting the development of economic construction. After 14 years of development, my country's capital market, especially the securities market, is making an increasing contribution to the construction of the national economy. It not only provided nearly 900 billion yuan in direct financing for listed companies, but also provided the country with 210 billion yuan in stamp tax revenue. The number of listed companies has reached 1,380, and their market value has reached 3.5 trillion yuan. In particular, the listing of a number of large-scale key enterprises has made the development of China's stock market and the development of China's economy increasingly inseparable. Not only that, the Chinese stock market, as a place to provide direct financing, has attracted more and more attention from economic experts and business people. Increasing the proportion of direct financing has become the common aspiration of economists and entrepreneurs. Therefore, in this case, the development of the capital market plays an increasingly important role in the national economy. My short-term investment experience: 1. Invest in individual stocks in the start-up state, and leave after making 2% profit. Investment principle: The short-term rise and fall of individual stocks are determined by their inertia. When they are on the rise, they will rise inertially in the short term. When they are in the start-up position, , the probability of rising by inertia is very high, but sometimes the huge amount will not rise or the huge amount will rise slightly. The heavy floating code is the key factor restricting its further rise, but generally speaking, an increase of 2% to 3% is still possible. This type of investment can involve small amounts. 2. Investing in stocks with weekly breakthroughs can generally make a profit of 10% to 20%. Investment principle: After long-term adjustment, the stock price adjusts to a long-term arrangement on the weekly line and is in a bonding position. If the trading volume shrinks extremely or shows signs of amplification wave by wave, it proves that a big change is around the corner, and it is time to take profits. , There is less pressure to unwind the arbitrage, the floating code is lighter, and the rise may be crazy. This type of investment can be heavily involved. 3. Investing in high-quality small-cap stocks with growth potential can generally yield a profit of 10% to 30%. Investment principle: At the beginning of a market wave, small-cap stocks will definitely be a hot spot. Regardless of whether the market is bullish or bearish, growth stocks will definitely be sought after by investors. Through corporate financial analysis and technical form analysis, it is not difficult to find this type. dark horse. 4. Investing in oversold stocks can generally yield a profit of more than 5%. Investment principle: Some stocks that are not hot stocks have experienced a long-term decline, giving people a feeling that they cannot fall any further. If the stock price forms a golden cross below the 30-day moving average and closes a small positive line that starts the form, it indicates that a larger rebound is coming. At present, the rebound targets are generally the 10-day moving average and the 30-day moving average. Moreover, the dialectic of "taking" and "giving away" tells us: when the market is pessimistic and the bad news is bombarded, short sellers should gradually step in to "take". Even if they buy a set, they will only lose time but not money; at the bottom Regional cutting is like a building shaking but not collapsing during an earthquake, but you panicked and jumped out of the window to harm yourself. In the same way, if you are full of positions at a high position, when it is determined that the trend is downward, you should decisively cut the meat and "let go"; after stopping the short position, you must endure loneliness, try not to chase the rise and fall midway, and frequently enter and exit, just for the sake of a " coins" and paid a heavy price. Analysis of my country's securities market: 1. Gradually move from immaturity to maturity, and from fanaticism to rationality. (1) At the end of October this year, the market value of the stock market exceeded 30 trillion yuan, the securitization rate was 120% of GDP, and the market value ranked fourth in the world. (2) my country has five companies on the top ten list in the world based on market value. Judging from their profits and other operating indicators, there is still a considerable gap between them and the other top five companies in the world. (3) The structure of the stock market has been adjusted. I remember two years ago I proposed two 5%, which is the stock market. At that time, financial stocks only accounted for 5%, while in the West, they generally accounted for more than 50%, and the entire stock market would Relatively stable. Among Western financial stocks, their price-to-earnings ratio is at most 20 times, so they are very stable. Another 5% that needs to be changed is the bond market. Corporate bonds only account for 5%. If the market is to improve, the results of this part must also be optimized. Judging from the situation in the past two years, the stock market has taken the lead. Our financial stocks account for more than 40% of the stock market, but the price-to-earnings ratio is still too high. In terms of corporate bonds, it seems that it is only a little over 10% now, and the development of the entire bond market is lagging behind. High-quality blue chip stocks will play a positive role in the stability and healthy development of the stock market. (4) Share-trading reform makes the interests of large shareholders consistent with the interests of small and medium-sized shareholders. It enhances the sense of responsibility of shareholders and increases the maturity and rationality of the market. (5) Institutional investors, mainly funds, hold about half of the circulating market value of stocks, which is a reflection of the maturity and stability of the market. However, most funds hold heavy positions in blue chip stocks, which to a certain extent also increases the bubble of blue chip stocks.

(6) By the end of September this year, there were 1,571 listed companies on the Shenzhen and Shanghai stock exchanges, and the number of registered shareholders reached 130 million, indicating that the market is growing day by day. However, there are only more than 30 million shareholder accounts (excluding fund accounts) that are actually operated every day. Of course, this number is also very large, but compared with our population of 1.3 billion, we cannot talk about "national stock speculation". (7) The report of the 17th National Congress of the Communist Party of China pointed out: "Create conditions to allow more people to have property income." I think this article is of great significance in the documents of the 17th National Congress of the Communist Party of China. The so-called creating conditions, I personally think, means establishing a complete legal protection system so that people can own property and earn property income safely, clearly and confidently, and share the fruits of economic growth from the stock market. As taxpayers, we pay taxes to the finance, and the finance provides products for us to enjoy. But if we buy stocks, you can directly benefit. Of course, property income used to account for 2% of our total income, while the United States accounted for 15%. This shows that they have a relatively large amount of property income structure, and they use movable and real estate to invest. capital market to gain more returns. Of course, risk education for investors must be strengthened. (8) As the distorted prices of production factors are straightened out, the revaluation of asset prices has a basis for doubling. 2. The development trend of the securities market remains unchanged. (1) In the process of our country becoming a world economic power, direct financing must be greatly developed and indirect financing must be reduced. At present, the proportion of direct financing of enterprises through capital and market is less than 20%, while the proportions in developed countries such as Japan, Germany and the United States are 50%, 57% and 70% respectively. To this end, we must vigorously increase the proportion of direct financing and develop the securities market. (2) Corporate profits, especially those of large blue-chip companies, can maintain good growth if they deepen their corporate governance. This is also the basis for optimism in the stock market.