Stock Liao information

— Basic knowledge of stocks|Introduction to basics of stocks|Stock learning|Basic knowledge of stocks
Mobile access:m.liaochihuo.com

Can stocks be sold at a higher price during auction hours (rules for buying and selling shares during auction hours)

Release Time:2021-07-21 Topic:Price and time rules for stock trading Reading:8 Navigation:Stock Liao information > Finance > Fund > Can stocks be sold at a higher price during auction hours (rules for buying and selling shares during auction hours) phone-reading

" Featured summary:: Stock auction time trading rules. The research and analysis of overseas products and overseas indexes in this report are based on public information, which may be subject to certain deviations due to different analysis samples; index product performance Affected by index fluctuations, the historical performance of fund products can be sold at a higher price during the auction time. Doesn't it mean the future? Refers to the future performance of the trading rules during the auction time due to multiple factors such as the macro environment, market fluctuations, and style changes, and there is a risk of volatility; This report is not involved."

1. Can stocks be sold at a higher price during auction hours

1. In addition, Trump will be diagnosed or will increase the stock auction time to sell at a higher price. The Republican election pressure.

2. We must persist in preventing and dissolving financial risks, and strengthen systems and capacity building to enable Chinese financial companies to withstand the challenges of market competition, economic cycle changes, and external shocks under open conditions .

3. The unlocking period of this stock incentive plan is divided into three phases, and the percentages of lifting sales restrictions are 30%, 30%, and 40% respectively.

4. The flow of funds from general public funds in the United States: In the four weeks ending on December 29, the total outflow of domestic equity funds in the United States was 32.05 billion U.S. dollars, and the domestic equity in the week of 12.22~12.29 Bond funds continued to flow in more than 10 billion U.S. dollars.

5. Is it possible for stocks to be sold at a higher price during the auction time? On the stock option grant is expected to boost short-term market sentiment.

6. The coverage of the fund's heavy holdings in the CSI 300 is slowly increasing. The number of heavy holdings in 2020Q3 will account for 77%, and the market value weight will account for 92.74. %.

7. 2 The security industry is transforming to a service-led transformation, and cloud security services will become the security market with the greatest potential for segmentation.

8. From a long-term perspective, the downward trend of risk-free interest rates is the general trend, and continuous observation is still needed.

Equity incentives demonstrate the confidence of management, and the company is determined to invest in expenses.

Based on the simulated holdings of public funds, this article splits the fund’s stock holdings into large and small-cap two parts, using the daily return rate of the fund and the daily return rate of the fund’s large- and small-cap indexes, this article uses the weighted least squares method It is estimated that public funds allocate positions on large and small-cap portfolios at each time point, and then obtain daily monitoring of public fund positions.

Volatility Analysis Today’s main option contract average implied volatility rate is 22.28%, compared with the change in the previous trading day The historical volatility rate for the same period was 31.75%, which was a 9.34% change from the previous trading day.

However, we believe that Biden's tax increase policy has limited impact on the market. Since the first debate, Biden's performance has exceeded expectations, and the S&P 500 index has risen for two consecutive days.

After the announcement of Trump’s diagnosis, the U.S. stock index futures fell for a while. Some investors think that the market’s downturn in stock bidding time can be sold at higher prices, mainly due to the increase in the probability of Biden’s election and the expectation of tax increases to affect the market .

The current SSE 50PE of the broad-based index ETF is 11.93, which is at a very high level, the Shanghai and Shenzhen 300PE is 15.13, which is at a very high level, and the CSI 500PE is 29.19, which is at a medium level.

Attribution shows that the stock pool selection can not only bring excess returns through the systematic over-allocation of preferred stocks, but also improve the stock selection performance of the quantitative model in a given space.

According to the information on the top ten major stocks disclosed in the third quarter report of the fund, there are 1055 major stocks in active stock funds at the end of the third quarter of 2020, which is an increase compared to the previous quarter..

Benefit from the steadily increasing penetration rate and the demand for alternative water-based coatings during the end-user stock auction time.

The combined annualized excess return is 12.49%, the information ratio is 3.01, and the relative maximum drawdown is 2.97%. Compared with the traditional stock pool, the annualized excess return increases by 1.61% to 2.03%.

Risk warning: 1. Systemic risks appear in the market.

Risk warning: This report calculates performance and risk characteristics based on historical fund data. Historical performance does not represent the future.

Can the 50ETF rise by 2 stocks at a higher price during the auction time. 22%, to close at 3.505.

In terms of hedging costs, compared to the end of 2020, the discount costs for positions opened by IF and IC at the beginning of this year have increased slightly.

Risk analysis: The report data comes from the compilation and analysis of historical public data, there is a risk of failure, and historical performance does not represent the future.

In the first three quarters, the company’s main product, 13-valent pneumonia vaccine, was issued in batches of 3.31 million units, of which 2.11 million units were issued in Q3 batches, a significant increase.

According to our understanding, can stocks be sold at a higher price during the auction time? We believe that the companies on list iii are currently not affected by administrative orders if they are not on list ii.

Second, stock bidding time trading rules

As of February 21, 2021, SPAC's IPO raised amount has reached 48.3 billion U.S. dollars, and the number of IPOs has reached 160, which has exceeded 2020 Half of the year.

The sales of Conbercept fell short of expectations; the sales of chemical drugs and proprietary Chinese medicines fell sharply; the overseas clinical failure of Conbercept.

In the CITIC Tier 1 industry, electric power equipment and new energy +88%, food and beverage +88%, consumer service +81%, national defense +72%, and medicine 50% lead the way; 2 passive index The annual consumption and new energy vehicle ETFs have led the way. The Penghua Zhongzheng Liquor ETF ranked first with an annual increase of 125.21%; 3 of the 70 index-enhancing funds that have been established for more than 3 months and the latest scale is greater than 200 million yuan, 58 Only the funds have an excess return of more than 5% in 2020, of which 43 funds have an information ratio of 3 or more, and the overall performance is relatively good.

We judge the inflection point of the follow-up market style or take the stock auction time trading rules as the leading foreign and insurance institutions, while the public funds with trading attributes on the right may be followers.

"Lagarde expects to say.

Event: Juewei Food announced the equity incentive plan, planned To 124 incentive targets, mainly core employees, 6.0863 million restricted stocks were granted, accounting for 0.92% of the total share capital, of which 5.598 million shares were granted for the first time. The first grant was to a total of 124 senior executives and core employees. The price of the shares granted was 41.46 yuan/share, performance only assesses the revenue growth rate. The goal is to be assessed in three phases. Based on 2020 performance, the revenue growth rate for 2021-2023 shall not be less than 25%/50%/80%.

Since 2021, the overall performance of each strategy has been relatively good, and the stock hedging strategy has continued to outperform other strategies since November 2020.

At present, the company has hired the marketing director of a well-known brand in Changsha, and the stock is traded during auction time. The follow-up actions of the rules are worth looking forward to.

At present, the company has hired a well-known brand marketing director in Changsha, and the follow-up actions are worth looking forward to.

The strong thermal coal price is expected to continue until April 2021. We count 32 The average temperature of the minimum and maximum temperatures in provincial capital cities. Since December, 29 cities have had low average temperatures, mostly 5-10°C lower than the same period last year. In addition, according to the National Climate Center and the Information Center of the Ministry of Water Resources, the national climate Trend forecast, special attention should be paid to the possibility of a wide range of strong low-temperature rain and snow in January 21st.

Risk reminder The conclusions of this article are based on historical data and overseas literature, and do not constitute any investment advice.

Comments on the primary market: 2 newly listed companies, 13 delisted companies, 9 companies less than the actual number of listings minus stock bidding time trading rules, and currently listed companies total 8,223 companies.

And passed Dynamic iterative selection of factors, unified factor weights and factor directions in the portfolio, so as to avoid a large risk of factor direction mismatch.

From the perspective of the company's performance restrictions on exercise, the period of 2021-2023 is The assessment period is based on operating income in 2020, and the growth rate of operating income from 2021 to 2023 shall not be less than 30% and 55%, 75%, if the standard is not met, the option will be cancelled.

As of the end of October, Watson Bio's PCV13 has completed the provincial platform access of 29 provinces, municipalities and autonomous regions, and has basically completed the opening in the provinces where the bids are opened. With the enlargement of the terminal ports , It is expected that Watson’s 13-valent pneumococcal polysaccharide conjugate vaccine will accelerate the volume growth, which is expected to promote the company’s continued high growth in Q4 and subsequent performance.

Fund managers with poor performance in window dressing will usually perform window dressing before disclosing their positions at the end of the quarter or year. The trading rule during the stock auction time is to buy profitable stocks at a higher price and sell loss-making stocks to adjust the investment portfolio, resulting in the illusion that the disclosed positions are all highly profitable stocks.

With reference to the company's PS valuation level in the past 5 years, the company is given a target PS of 8 times in 2021, corresponding to a target price of 49.91 yuan, and maintains a "buy" rating.

2. Zhong Nanshan: The first batch of vaccines will be announced, and the second will be launched soon.

Based on the simulated holdings of public funds, this article splits the fund’s stock holdings into large and small-cap two parts, using the daily return rate of the fund and the daily return rate of the fund’s large- and small-cap indexes, this article uses the weighted least squares method It is estimated that public funds allocate positions on large and small-cap portfolios at each time point, and then obtain daily monitoring of public fund positions.

China will be in the leading position in the global stock bidding time trading rules in the speed of economic restart. We believe that in the future, more overseas institutions will increase investment in Chinese equity assets.

The net sales of foreign capital in the two cities exceeded 242.64 billion VND about 67.99 million yuan.

We expect that the strong thermal coal price is expected to remain until April 21, mainly due to the high water period of hydropower, and from the current Nino3.4 forecast data, there is a possibility of El Nino after July 2021. There are floods in the south, and the growth rate of hydropower may be higher year-on-year or month-on-month, replacing coal power.

Of which: 698,000 restricted stocks were granted for the first time, accounting for 0.88% of the total share capital, 102,000 restricted stocks were reserved, accounting for 0.13% of the total share capital, and the incentive plan grant price was 34.48 yuan/share. Incentives include senior executives of the company's subsidiaries, core management backbones, core technical backbones, and core business backbones excluding independent directors and supervisors.

At noon, at the Hong Kong Government’s "Budget" press conference, the Financial Secretary of Hong Kong said that he decided to submit a bill to adjust the stamp duty rate on stocks, and the current buyers and sellers will pay each of them according to the transaction amount. Rule 1%, increase to 0.13%.

In the context of declining earnings effects and unabated real estate enthusiasm, it is expected that fund issuance this year may fall from a high level.

(Can stocks be sold at a higher price during auction time) Baidu related recommendations:

How much is the handling fee of GF Securities Fund:

strong>%E5%B9%BF%E5%8F%91%E8%AF%81%E5%88%B8%E5%9F%BA%E9%87%91%E6%89%8B%E7%BB%AD %E8%B4%B9%E6%98%AF%E5%A4%9A%E5%B0%91&rsf=11630012&rsp=0&f=1&oq=%E5%B9%BF%E5%8F%91%E8%82%A1% E7%A5%A8%E4%BA%A4%E6%98%93%E4%BD%A3%E9%87%91%E5%A4%9A%E5%B0%91&ie=utf-8&usm=3&rsv _ pq= fc0e287700077878&rsv _ t=877dWJd534ZSPj%2B%2FW4dkLC3Di5UmK45laTkuVOFs0GN%2F3eZeU&rqlang=cn&rs _ src=0&rsv _ pq=fc0e287700077878&rsv _ t=877dWJd534ZFe5K45KFW4FW4dkLC3Di5UmK45laTkuVOFs0GN%2F3eZeU&rqlang=cn&rs _ src=0&rsv _ pq=fc0e287700077878&rsv2 _ t=877dUs

Article Url:https://www.liaochihuo.com/info/616771.html

Label group:[stock] [investment] [Position] [fund] [Auction transaction

Hot topic

Finance recommend

Finance Popular