What are the similarities and differences between China stock market and American stock market?

1. Trading hours are different: the US stock market has a long trading time, from 9: 30 am to 4: 00 pm EST, that is, from 10: 30 pm to 5: 00 am Beijing time. Because it is daylight saving time in the United States, the trading hours in summer will be one hour earlier than in winter, from 9: 30 pm to 4: 00 am Beijing time.

2. Different trading codes: American stock trading code is the abbreviation of listed companies, Microsoft stock trading code is MSFT, and China Focus Media stock market trading code is FMCN.

3. Different trading units: China Stock Exchange has 65,438+000 shares, and American Stock Exchange is not limited. You can only buy 1 share. The transaction cost far exceeds the stock price, which is not cost-effective.

* * * Similarities:

They are all influenced by heavyweights: the ups and downs of US stocks are obviously influenced by heavyweights, but the heavyweights of US stocks are mainly concentrated in technology giants such as Apple, Microsoft, Google and Amazon. These companies continue to grow and develop, which has obviously promoted the US stock index.

China stock market is also influenced by heavyweights, but the heavyweights in China stock market are concentrated in traditional industries such as banking and energy. The banking stock business model is stable, but the growth rate is low, and the annual performance growth rate is basically single digits. However, the energy stocks have obvious periodicity, which makes the China stock index linger in the same place for many years.