php Editor Zimo will answer a common question in this article: "What is the difference between the Shanghai and Shenzhen Main Board and the Shanghai and Shenzhen A-shares?" The Shanghai and Shenzhen Main Board refers to the Shanghai Stock Exchange and the Shenzhen Stock Exchange. Main board market, while Shanghai and Shenzhen A-shares refer to ordinary stocks traded on these two main board markets. Although they all belong to China's A-share market, there are some differences in trading rules, trading varieties, market supervision, etc. Next, we will introduce the differences between the two in detail to help everyone better understand and grasp the characteristics of the A-share market.
1. Difference: The Shanghai Main Board is listed on the Shanghai Stock Exchange, and the Shenzhen Main Board is listed on the Shenzhen Stock Exchange.
2. The main stock board is a stock trading market focusing on traditional industries. The second board is the GEM with lower listing standards. It mainly serves high-tech, high-growth small and medium-sized enterprises. Currently, our country is launching , the NASDAQ in the United States is the most famous GEM in the world.
The Shanghai and Shenzhen main board comprehensive registration system refers to the promotion of the registration system to the Shanghai and Shenzhen main board markets, and the issuance and listing of all listed companies is included in the scope of the registration system. All stock issuances need to be reviewed. Only after passing can it be listed for trading. This means that all companies must be reviewed before going public, and companies that do not meet the requirements will not be able to go public.
The Shanghai and Shenzhen Main Board refers to the trading board for the stocks of listed companies mainly in traditional industries. The stocks of listed companies on the main board are basically large enterprises with good corporate foundation and profitability, relatively large number of shares circulating in the market, large stock market, and most of them are large-cap stocks.
The stock codes of Shanghai-listed companies start with 600✘✘✘ or 601✘✘✘, and the stock codes of Shenzhen-listed companies start with 000✘✘✘ or 001✘✘✘.
The trading mechanism of the Shanghai and Shenzhen main boards has changed. This is because Chinese exchanges have been reforming market trading mechanisms in recent years, such as launching a price limit call auction trading mechanism, increasing price limits, extending trading hours, etc., to improve market efficiency and fairness. The most recent change is that the Shanghai Stock Exchange and Shenzhen Stock Exchange simultaneously launched the T 0 trading system on February 1, 2021, that is, stocks bought on the same day can be sold at the top price on the same day. This reform will help reduce speculation and investors risks of. In addition, the Shenzhen Stock Exchange also plans to implement the reform plan for the Science and Technology Innovation Board from March 1, 2021, including relaxing the listing conditions for some industries and raising the delisting risk warning threshold. In general, these changes are important measures aimed at improving market efficiency, fairness and adapting to the new economic situation.
The stock codes of the Shanghai and Shenzhen main board markets are composed of 6 digits. The stock codes of the Shanghai and Shenzhen main boards originally started with 600, but a group of codes can only number 999 stocks, so there are later Codes starting with 601, 603, and 605; the same goes for the Shenzhen Stock Exchange. The initial number was 000, then 001, and then 002 belonged to the small and medium-sized boards.
Shanghai Stock Exchange and Shenzhen Stock Exchange are both major stock exchanges in China’s domestic securities market. They are Shanghai Stock Exchange (Shanghai Stock Exchange) and Shenzhen Stock Exchange (Shenzhen Stock Exchange) respectively. They are both main board markets and are China’s stock markets. core trading venue.
The time for interim report performance forecast is generally before July 15, but the regulations for interim report performance forecast vary. 1. Main Board of Shanghai Stock Exchange and Shenzhen Stock Exchange: If a listed company expects that its full-year or half-year operating performance will occur in any of the following situations, it shall make a performance forecast in a timely manner: (1) The net profit is negative; (2) The net profit is less than that of the previous year. Increase or decrease by more than 50% compared with the same period; (3) Achieve a turnaround from losses to profits. That is to say, if the requirements are met, a notice must be made.
To only see the stocks on the Shanghai and Shenzhen Main Board, you can select the "Shanghai and Shenzhen Main Board" section in Flush's "Optional Stocks" option, and remove or not add other sections. In this way, only the stock information of the Shanghai and Shenzhen main boards will be displayed, making it convenient for users to find the market prices, news, announcements and other information of the main board stocks.
At the same time, you can also conduct more detailed and comprehensive analysis and research through functions such as "Shanghai and Shenzhen Fund Flows", "Rising and Falling Rankings", and "Individual Stock Details".
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