What is the name of Tiantong Securities now?

Tiantong Securities is now renamed Qilu Securities. Qilu Securities Co., Ltd. is a large-scale comprehensive innovation pilot securities company approved by China Securities Regulatory Commission with a registered capital of 6.27 billion yuan.

Qilu Securities has 165 securities outlets, including 87 business departments and 20 service departments, which are distributed in all prefecture-level cities in Beijing, Shanghai, Shenzhen, Guangzhou, Fuzhou, Xiamen, Wuhan, Hangzhou, Shenyang, Dalian, Changchun and Shandong Province.

Securities are all kinds of economic rights and interests certificates, and also refer to specialized products. They are legal documents used to prove that the holder enjoys certain rights and interests, mainly including capital securities, currency securities and commodity securities.

In a narrow sense, securities mainly refer to securities products in the securities market, including property market products, debt market products, derivative market products, options, interest rate futures and so on.

basic feature

Securities are essentially civil rights with property attributes. The characteristics of securities are that civil rights are embodied in securities, so that rights are combined with securities, and rights are embodied in securities, that is, rights securitization. It is a legal phenomenon in the form of securities in the way and process of rights holders exercising their rights, a social phenomenon of symbolization of investors' investment property, and a sign and result of developed social credit.

As a written document commending certain civil rights, securities have the following basic characteristics:

1. Securities are property rights.

Securities are documents of rights with property value. In modern society, people are not satisfied with the direct possession, use, income and disposal of wealth, but pay more attention to the ultimate domination and control of wealth, and securities, a new form of property, came into being. Holding securities means that the holder has control over the property represented by securities, but this control is not direct control but indirect control.

2. Securities are negotiable certificates of rights.

The vitality of securities lies in their liquidity. Traditional civil rights always face many obstacles when they are transferred. As far as civil property rights are concerned, it is unnecessary in nature because it does not involve personality and identity, but its transfer is a complex civil act.

3. Securities are the evidence of income right.

The ultimate goal of securities holders is to obtain income, which is the direct motivation of securities holders to invest in securities. On the one hand, securities itself is a kind of property right, which embodies a specific property right. Securities holders can obtain benefits by exercising this property right, such as dividend income (stocks) or interest income (bonds); On the other hand, securities holders can make profits by transferring securities.

4. Securities are risky certificates of rights.

The risk of securities is that investors may not get expected returns or even losses because of changes in the securities market or issuers.