Traditional Culture Encyclopedia - Almanac inquiry - Can I buy and sell stocks on Saturday and Sunday?
Can I buy and sell stocks on Saturday and Sunday?
Usually, the trading hours of stocks are from 9: 30am to11:30am from Monday to Friday, and from13: 00pm to15: 00pm.
From 9: 00 am15 am, investors can place orders, and the entrusted price is limited to plus or minus 10% of the closing price of the previous trading day, that is, between the price limit and the price limit. Orders entrusted before 9:25 am are matched at 9:25 am, and the price obtained is the so-called "opening price". Orders placed between 9:25 and 9:30 will not be processed until 9:30.
Shareholders' rights:
1. Preferred stock:
Preferred stock is the symmetry of "common stock". It is a stock issued by a joint-stock company, which has priority over common stock in distributing dividends and residual property. Preferred stock is also a kind of right certificate without time limit, and shareholders of preferred stock generally can't ask to quit the company halfway (except a few redeemable preferred stocks).
2. Common stock
Common stock is the symmetry of "preferred stock". It is a stock that changes with the change of enterprise profits. It is the most common and basic stock in the company's capital composition, and it is the basic component of joint-stock enterprise funds.
The basic feature of common stock is that its investment income (dividends and bonuses) is not agreed upon at the time of purchase, but determined afterwards according to the actual products operated by the stock issuing company. If the company's actual products are good, the income of common stock will be high; However, if the actual operating products are poor, the return on common stock will be very low. Common stock is the most important and basic stock in the capital composition of joint-stock companies, and it is also the most risky stock, but it is also the most basic and common stock.
3. After distribution
After the rights issue, it refers to the stock that is at a disadvantage in the distribution of interest or interest dividends and residual property compared with ordinary shares. Generally, after the distribution of common stock, the residual rights and interests are redistributed. If the company's profits are huge and the number of shares issued after the rights issue is limited, the shareholders who buy the shares after the rights issue can get high returns. After the rights issue, the raised funds generally can't generate immediate income, the range of investors is limited and the utilization rate is not high.
Form of face value:
1, registered stock
When registered shares are issued, the names of shareholders are recorded on the face and on the company's register of shareholders.
The characteristic of registered stock is that no one can exercise its equity except the holder and his official entrusted agent or legal successor and donee. In addition, registered shares cannot be transferred at will. When transferring, the transferee's name and address shall be recorded separately on the face of the stock, and the transfer formalities shall be handled in the company's register of shareholders, otherwise the transfer will not take effect.
The advantage of this stock is that it is safe and not afraid of loss, but the transfer procedure is complicated. If this stock needs to be transferred privately, such as inheritance and gift, it must be transferred immediately after the transfer.
2. bearer shares
When this stock is issued, the names of shareholders are not recorded on the stock. Its holders can transfer their own shares, and once they hold them, anyone will enjoy the rights of shareholders, and there is no need to prove that they are qualified as shareholders by other means or channels. This kind of stock transfer procedure is simple, but it should also be transferred through legal transactions in the securities market.
3. par value stock
A par value stock, referred to as par value stock or par value stock for short, refers to recording a certain amount on the par value of the stock.
Such as RMB 100 per share, 200 yuan, etc. The number of shares specifies the par value of the shares, so it is easy to determine the proportion of each share in a joint-stock company.
4. No par value stock
Also known as proportional stock or par value stock. There is no face value record when the stock is issued, only the proportion of each share to the total capital is shown. Its value increases or decreases with the increase or decrease of the company's property. Therefore, the intrinsic value of this stock is always in a state of change. The biggest advantage of this kind of stock is to avoid the deviation between the actual assets of the company and the par assets, because the par value of the stock is often in name only, and people are not concerned about the par value of the stock, but the price of the stock.
The issuance of this kind of stock requires extremely high management, financial accounting and legal responsibility, so it is only popular in the United States, and many countries are not allowed to issue it at all.
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