What is Shanghai Stock Connect?
Shanghai Stock Connect means that investors entrust Hong Kong brokers to report to the Shanghai Stock Exchange through the securities trading service company established by the stock exchange, and buy and sell stocks listed on the Shanghai Stock Exchange within the prescribed scope. To put it simply, in the past, A-share investors had to open a Hong Kong securities trading account to trade stocks listed in Hong Kong. After the opening of Shanghai-Hong Kong Stock Connect, A shares can directly trade Hong Kong stocks. Conversely, the Hong Kong Stock Connect means that Hong Kong can trade A shares.
On June 265438+2 1 day, 2009, the Hong Kong Monetary Authority announced the optimized arrangement for capital exchange between Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect. Its northbound connection, namely Shanghai Stock Connect and Shenzhen Stock Connect, allows investors to exchange RMB at the onshore price and hedge foreign exchange risks through designated Hong Kong banks.
Try to avoid buying reduced stocks. Investors can adopt the following methods:
1. Avoid buying high-priced stocks with heavy fund positions.
The higher the stock price, the stronger the desire to reduce the size. Compared with those low-priced stocks that have just stepped out of the low performance, the size of the non-chips may not be thrown out, or even bought.
2. Buy those restructured stocks or stocks that have just taken off their hats.
Those restructured shares have just been replaced, and major shareholders will not reduce their holdings; Stocks that have just taken off their hats are generally lower than the allotment price and the cost of major shareholders, and major shareholders will not reduce their holdings at a loss.
3. Buy new shares that have just been listed
Generally, companies will not reduce the size of shares until three years after listing, so they are not worried about reducing the size of new shares that have just been listed.
There are several reasons for the major shareholders and important shareholders of Shanghai Stock Connect to reduce their holdings:
1, major shareholders and important shareholders reduce their shares in listed companies. The company is short of money, so it uses expenditure reduction to fill the hole. On the other hand, it is not optimistic about the company's future possibilities.
2. In the case of the bull market skyrocketing, the reduction of important shareholders means that the company's share price is overvalued and there is a bubble.
3. The reduction of major shareholders, important shareholders and company executives is purely cash-out. As long as the company belongs to the sunrise industry, even if there are fluctuations, it is short-lived and has little impact on the long-term trend.