The A-share market does not allow foreign direct participation, and the capital market in this market is controlled and cannot circulate freely. China's Hong Kong stock market is an international financial center, and many overseas funds can invest in Hong Kong stocks. However, the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect opened in China on 20 14 and 20 16, respectively, which opened the mutual flow of funds in the A-share market and the Hong Kong stock market, because the mainland is in the north of Hong Kong, forming the saying that funds are going north.
It is often said that the capital in the north is hot and the capital in the south is cold, which means that Hong Kong actively buys rising stocks. Buying Hong Kong stocks in the Mainland is cold. Capital going north means that Hong Kong capital flows to Shanghai and goes north. The south is the capital of Shanghai. South of Hong Kong, mainly mainland banks, brokers and other financial sectors are all stocks with low P/E ratio, which are favored by foreign investors. However, the trading of Hong Kong stocks is complicated and needs to be exchanged, with high handling fees. The mainland pays little attention to Hong Kong stocks. Northbound capital is commonly known as hot money, because Chinese mainland's capital flow is controlled and not free, but Hong Kong's capital flow is free. During the period of RMB appreciation, many Hong Kong and international funds will enter the mainland through various abnormal channels to gain the benefits of RMB appreciation.
A stock is a certificate of ownership issued by a joint-stock company. It is a kind of securities issued by joint-stock companies to shareholders as holding certificates in order to raise funds and obtain dividends and bonuses. Stock is the main long-term credit tool in the capital market, which can be transferred and traded. With it, shareholders can share the company's profits, but also bear the risks brought by the company's business mistakes. It is a share certificate issued to the investor by the joint-stock company when raising capital, which represents the ownership of the joint-stock company by its holder (that is, shareholders). Buying shares is also a part of buying business, and it can grow and develop together with the enterprise. This kind of ownership is a comprehensive right, such as attending the shareholders' meeting, voting, participating in the company's major decisions, collecting dividends or sharing the dividend difference. , but also bear the risks brought by the company's business mistakes. Getting regular income is one of the important reasons for investors to buy stocks, and dividends are the main source of regular income for stock investors.
After buying a stock, the stock price falls, that is, the current price of the stock is lower than the cost price, and the investor's account is in a state of loss. Stop loss is to prevent the stock from falling further, so sell the stock in time. This is the meaning of timely stop loss. The main purpose of investment is profit, but any investment is risky and there is no profitable product. Therefore, investors need to be rational, not too greedy for high expected returns, and decisively stop losses when they see the wrong shape.
Stop loss point can refer to the support level or pressure level, that is, open a position at the support level and stop loss after falling below the support level. Common levels of support are:
First, the previous historical lows, gaps and important moving averages. For example, if the stock price falls below the 60-day moving average or the half-year line, there may be an accelerated downward trend, so it reflects selling.
Second, the high position of the previous stock. For example: M-head form, if investors happen to buy at the first high level, there will be a small anti-withdrawal form after the stock price falls, even if it has not returned to its original value, it is necessary to stop the loss in time, because M-head indicates a decline in the market outlook and the signal is very strong.