How to speculate in Hong Kong stocks and US stocks

Individual account opening: 50 yuan for each household in Shenzhen market and 50 yuan for each household in Shanghai market. Handling fee 10 yuan. An ID card can only handle one securities account in each exchange, and repeated account opening is not allowed. Temporary id card, household registration book and expired ID card are not allowed to handle personal accounts. With the original ID card, you can open an account at the outlet of the brokerage business department with the qualification of agent account opening during the trading hours.

I have opened an account in other business departments before. How can I transfer my account?

Customers need to go to the securities business department of the original account to handle the relevant account transfer procedures. If there are deep stocks, they will be transferred to custody, and 30 yuan and Shanghai stocks will be transferred to designated trading procedures. If you have cash, you can withdraw cash after interest settlement, and then go to the new securities business department to handle the relevant procedures for opening an account and specifying transactions.

What are custody, sub-custody and designated transaction?

The legal relationship between investors and securities companies on the securities held by investors is called "securities custody".

Sub-custody: The custody system of securities traded in Shenzhen Stock Exchange is that after investors successfully buy securities, they establish custody relationship with selected securities institutions. The custody system of Shenzhen Stock Exchange can be summarized as "automatic custody, generally buying everywhere, buying and selling everywhere, and unlimited custody". When changing the business department, if investors need to transfer their Shenzhen Stock Exchange shares to other business departments for custody, they need to go through the formalities of "transferring custody".

Designated trading: The custody system of securities trading in Shanghai Stock Exchange means that investors must designate a member as the principal of their securities trading in advance and sign a designated trading agreement with the designated trading member. After an investor signs a designated trading agreement with a member, he cannot handle designated trading in other members. He needs to apply to cancel the original designated transaction before he can handle the designated transaction in the new member.

How is the quantity unit of securities trading stipulated at present?

The unit of quantity in securities trading is the hand. The Shanghai and Shenzhen Stock Exchanges stipulate that the standard lots of A shares, B shares and funds are 65,438+0 lots per 65,438+000 units or 65,438+000 units, and the face value of bonds is 65,438+0,000 yuan. The number of entrusted transactions is usually an integer multiple of 1 lot or 1 lot. The number of securities less than 1 lot is called zero shares, which can be sold at one time, but the number of entrusted purchases must be an integer multiple of 1 lot.

What are price limit, call auction and continuous bidding?

The price limit refers to the fact that the transaction price of each securities shall not exceed 65,438+00% relative to the closing price of the previous trading day, except the securities on the first day of listing, and the entrustment exceeding the price limit shall be invalid. Trading regulators have the right to give special treatment to stocks with abnormal trading, with a price increase or decrease of 5%. There are two kinds of ups and downs: daily limit and daily limit.

Call auction refers to the process in which all valid commissions accepted from 9: 0015 to 9: 25 am on each trading day are centrally matched by the exchange matching host.

Continuous bidding refers to the process in which the matchmaker matches the entrustment declared by investors one by one after call auction.

Trading rules are price priority and time priority.

From July this year 1, the Shanghai and Shenzhen stock markets fully implemented the new trading rules-open call auction. Open call auction is in call auction time, and comprehensive information such as call auction reference price can be seen through the real-time market system. That is to say, at 9: 15-9: 25 on the normal trading day, the real-time market will display information such as virtual opening reference price, virtual matching quantity and virtual unmatched quantity in addition to the securities code, securities abbreviation and previous closing price. As the information is more comprehensive, the transparency of the market is greatly enhanced, thus reducing the possibility of call auction being manipulated artificially. It should be noted that although the new trading rules allow withdrawal of orders, there are strict time limits. You can receive or cancel the declaration from 9: 15 to 9: 20. However, only the declaration is accepted from 9: 20 to 9: 25, and the declaration is irrevocable.

What do Shenzhen stock ST and Shanghai stock N, XR, XD and DR represent respectively?

ST is an exchange that reminds investors of investment risks, indicating that the stock has suffered losses for two consecutive years. According to the relevant regulations, the ST symbol must be added before the stock name. If you lose money for three years in a row, trade all the transactions in which the stock may be suspended or even delisted.

N: On the first day of listing of new shares in Shanghai and Shenzhen stock markets, an "n" is added before the Chinese name of new shares to remind investors. Stocks with "N" in front of their names are all new shares listed on the same day.

XR: stands for ex-dividend after stock issuance; XD: stands for ex-dividend after dividend; DR: stands for ex-dividend and ex-dividend after stock issuance and dividend distribution.

How to receive dividends and bonus shares? Do I need to go through the formalities?

Dividends and bonus shares are automatically collected through the trading system, and investors do not need to go through additional procedures.

According to the data released by China Securities Depository and Clearing Corporation, the number of new accounts opened in A shares reached 30,000-40,000 per day in late February 2006, which has accelerated since the New Year. The number of new accounts opened in six trading days reached 364,000, with an average of about 60,000 new accounts opened every day. The number of new fund accounts is also developing at an alarming rate, even reaching the scale of more than 90 thousand a day. The phenomenon that some business departments queue up to open accounts has also appeared, including the new generation in the 1980s. Their blood is boiling, and they are competing to take the bull market express.

However, last Friday, the Shanghai Composite Index suddenly experienced the deepest one-day decline since last July, with an adjustment range of 102 points. 1 1,000 stocks generally received dividends, and the myth that heavyweights such as Sinopec, ICBC and BOC only rose but did not fall was completely shattered. The net value of open-end funds has shrunk by more than 2% in a few days. The sudden turn of face in the market has caught the new shareholders and people off guard, and it is also the first risk education lesson they have experienced since they entered the market.

Many old investors have this experience. Without the experience of "cutting meat", deep-seated or even losing all their money, they can't really understand the risks of the stock market and learn to invest in stocks. Although the words are extreme, they are not unreasonable. He told us that we should establish the concept of "risk" at the beginning of entering the market. The first thing we pursue is the safety of funds, and the second is the income target. No matter how hot the market is, no matter how abundant the funds in the market are, we should always ask ourselves a question: If there is a crash tomorrow, can I get away with it?

Then, as a new stockholder, what preparations should be made before entering the market in order to shorten the running-in period and minimize the "tuition" expenditure?

The author believes that there are several aspects that new investors need to spend time to make up lessons.

1. Securities and trading basis.

Some investors rush into the market without knowing the most basic things, such as trading time, stock code, ex-dividend and earnings per share. When will a listed company issue a regular report and in which authoritative media can find the company announcement? It is tantamount to lottery gambling.

In addition, in recent years, China's securities market has flourished and innovative financial products have emerged. Many investors have plunged into it before they understand why. Only when WISCO warrants and airport warrants expire will investors find that the bills in their hands have become a piece of waste paper; Only then will there be a joke that investors will speculate on the new contract as a new stock in the simulated trading of stock index futures.

Before you prepare your first order, please be sure to make clear the goods you want to buy and their trading rules.

Second, basic skills.

First of all, you should learn to look at the market and understand the meanings of common terms such as ratio and commission ratio, and then you should simply learn the common investment skills in the stock market.

Generally speaking, stock market investment is divided into three levels from bottom to top: technical analysis, game analysis and value analysis. Mastering any level of skills alone can increase your investment opportunities.

As China's securities market is in the transition period from cultivation to maturity, the investment concept led by institutional investors will play an increasingly important role in the market. We are surprised to find that the investment concept of institutional investors is becoming more and more international, so the investment concept of minority shareholders must also keep pace with the times. To put it simply, it is the most ideal and effective investment method to choose investment varieties mainly based on value analysis and choose trading opportunities supplemented by technical analysis and game analysis.

Some people say that there are two kinds of "lock-in", one is "value lock-in" and the other is "price lock-in", which makes the relationship between valuation changes obtained from fundamental analysis and price changes driven by funds very clear. If the price you buy is higher than the value (the value is locked), then the risk you face is correspondingly greater; If you just bought at a high price, but the purchase price is still lower than the value (price lock), then you can still get rid of it in time. However, if you can make good use of technical analysis, grasp the opportunity of admission and ensure that the price and value are not trapped, your income will be higher.

Technical analysis and value analysis can be mastered by investing in reference books provided by masters and attending some popular training courses. As for game analysis, investors can explore slowly in the investment process.

The "Elementary Course of Shareholder School" newly compiled by the Shareholder School of Shanghai Stock Exchange is written for new shareholders, and its content is comprehensive. At present, all the varieties in the investment market: A shares, B shares, funds, warrants and stock index futures are covered. Investors will benefit a lot if they can read it carefully.

Of course, there are also some fool-like trading software on the market, which will directly give the signal hint of stock trading, and it is also a possible choice for investors who are unwilling to spend time learning technical analysis.

In addition to making up lessons in basic skills, before you enter the market, you need to have a clear understanding and preparation in the following aspects:

First, the arrangement of time and energy.

To do a good job in stock investment, we must pay attention to and master some macro, policy and dynamic information of the company industry in time, and it is a continuous work day after day and year after year. Before entering the market, you should consider whether you have enough time and energy to do it.

For example, the Bank of China suddenly raised the deposit reserve ratio over the weekend. As a new stockholder, you just bought the shares of ICBC. You should know and pay attention to this information through various channels, and what impact it may have on the trend of ICBC.

For investors who like short-term operation, it is necessary to ensure that they can always keep an eye on the market and ensure that the list is unimpeded. It is recommended that you use both telephone entrustment and online entrustment to prevent problems in trading channels.

Second, funding arrangements.

Some investors, especially those who are new to the stock market, lack sufficient knowledge of the risks of the stock market, so they may have the idea of putting all their savings into stocks, and even borrow money or sell houses for stock trading, which is absolutely unacceptable.

Stock market investment should be an organic part of family property. Considering the ups and downs of the stock market and the liquidity of stocks, you should invest some of your surplus funds, so that you won't be too eager for quick success in your mind. In case of investment failure, your family life will not be affected.

If you are eager to try stock index futures, you should be reminded to control your investment funds and not exceed 30% of your available investment funds.

Third, correctly understand your risk tolerance.

By analyzing factors such as family status, income stability, investment purpose, knowledge and resources related to securities investment, we can make clear our risk tolerance, so as to plan the principal amount and investment style in advance.

Fourth, learn to control emotions.

In the stock market, there are often herd mentality such as chasing up and killing down. New investors should learn to control their emotions and not be disturbed by the behavior of people around them.

When a stock is madly sought after, we should keep calm and not take chances, thinking that we won't be the last one. A more effective control method is to repeatedly verify the main cost of opening positions; When the stock in your hand suffers a sharp drop, you should first verify whether it is "value lock" or "price lock", and then further decide whether to sell it as soon as possible or make up the position quickly.

I believe that through the above preparations, new investors will be able to accelerate their maturity.