Common sense in finance: What is the primary market and the secondary market?

Basic knowledge accumulation in finance:

Financial market: It is a place or mechanism for buying and selling financial instruments to circulate funds.

Financial markets are classified according to transaction levels and can be divided into primary market and secondary market, primary market and secondary market, issuance market and circulation market.

1) Primary market: refers to the market for financing through the issuance of new financing instruments;

2) Secondary market: refers to the purchase and sale of existing or already issued financing instruments To achieve a liquid trading market.

(You can refer to the bank recruitment examination materials to lay a solid foundation)