What does OC mean?

OC is an over-the-counter market. The OC suffix indicates that the listing/listing place of the stock is on the OTC stock exchange.

American red herring refers to the initial prospectus of newly issued securities, which is mainly used to grasp the market interest in such securities. The contents of the prospectus do not include key figures such as issue price, profit and dividend forecast. In the United States, the law requires that a red notice must be printed on the front of the instructions, so the word "red herring" came into being.

Red herring is a red-headed prospectus and the first draft of the prospectus must be submitted to the CSRC, describing the details of the initial public listing and the company's prospects. The red-headed document manual does not indicate the issue price or scale.

Extended data:

OC is a decentralized intangible market. There is no fixed centralized trading place, but a number of independent securities institutions conduct transactions, mainly through telephone, telegraph, fax and computer networks.

OC is organized by the market maker system. The difference between OTC market and stock exchange is that the brokerage system is not adopted, and investors directly trade with brokers.

OC is a market with a variety of securities and securities institutions, mainly stocks and bonds that have not been approved for listing on the stock exchange. Due to the variety of securities, each securities institution only deals in several kinds of securities on a fixed basis.

Baidu encyclopedia -OC

Baidu encyclopedia -OTC market