Many people will see "B shares" when trading, but they don't quite understand what B shares mean, so what does B shares mean? How to open B shares? So today, Bian Xiao is here to sort it out for everyone. Let's take a look!
What does B-share mean?
B shares refer to foreign shares listed and traded in China and traded in foreign currency. They are foreign shares denominated in RMB, subscribed and traded in foreign currency, and listed and traded on the China Stock Exchange. B-share companies are registered and listed in China.
T+ 1 trading of B shares, T+3 settlement, allowing T+0 cyclic trading. Shanghai B shares are settled in US dollars, and the trading unit is 1000 shares, while Shenzhen B shares are settled in Hong Kong dollars, and the trading unit is 100 shares.
A shares are ordinary shares issued by companies registered in China and listed in China and denominated in RMB, which are available for domestic institutions, organizations or individuals to subscribe and trade in RMB.
How to open B shares?
B-share accounts need to be opened in a securities company (not online). Investors should first contact the B-share margin account of the securities business department at the bank, and then transfer their cash deposits and foreign currency cash deposits to the B-share margin account of the securities business department at the foreign exchange deposit bank with ID cards and other documents. Then take your ID card to the securities business department to open a B-share account. It should be noted that opening a B-share account requires transferring the account to USD 65,438+0,000.
B-share purchase process (taking Founder Securities as an example): Open Founder Securities software-log in to your account-click on quotation-click on more-click on SSE B-share or SZSE B-share, then select the stock and buy it.
The reasons why new shares on GEM always fall are as follows:
1, some growth enterprise markets can carry out margin financing and securities lending operations, which leads some investors to carry out margin financing and securities lending operations above, suppressing stock prices, making it difficult for individual stocks to rise and showing a downward trend.
2. The market continues to go out of the polarization market, and the polarization is quite serious. The whole market is one-sided, with large-cap stocks rising and small-cap stocks falling; Small-cap stocks rose, while large-cap stocks fell. Large-cap stocks continued to strengthen, while small and medium-cap stocks continued to fall. The money-making effect is all applicable to large-cap stocks. Large-cap stocks attract gold, while GEM loses gold. Without the support of funds, GEM stocks will definitely fall.
3. Growth Enterprise Market has a daily limit of 20%, which requires more funds to pull up compared with 10%. At the same time, when individual stocks rise by 10%, investors in the market will take profit-taking actions, which will lead to an increase in selling pressure above and a decline in individual stocks.
4. When the market situation is not good, it will cause panic among market investors, inactive trading and continuous outflow of funds, which will also lead to the continuous decline of GEM.