What is securities?

Securities refer to all kinds of economic rights and interests, as well as special products. It is a legal document used to prove that securities holders enjoy specific rights and interests, mainly including capital securities, currency securities and commodity securities. Stocks, bonds, promissory notes, bills of exchange, checks, insurance policies, certificates of deposit, IOUs, bills of lading and other securities instruments holders enjoy certain rights and interests are all securities.

1984165438+10, the first stock in China-Shanghai Le Fei Audio Co., Ltd. was established.

1985 65438+ 10, Shanghai Zhong Yan Industrial Co., Ltd. was established, all of which raised funds from the society in the form of shares, becoming the first collective-owned enterprise to publicly issue shares to the society.

On September 26th, 1986, the first securities company in new China, Jing 'an Securities Business Department of China Industrial and Commercial Bank of China Shanghai Trust and Investment Company, announced its business, and resumed the securities trading business in China that had been interrupted for more than 30 years.

1986165438+1October14th, Deng Xiaoping met with John van erling, chairman of NYSE, and presented him with the first stock of Le Fei Sound in China.

1In May, 987, SDB issued shares to the public for the first time, becoming the first share in Shenzhen.

1990 12 19, Shanghai stock exchange was established.

1991April, authorized by the State Council and approved by the People's Bank of China, Shenzhen Stock Exchange was established and officially opened on July 3.

1991July1kloc-0/day, the Shanghai Stock Exchange launched a stock account to gradually replace the shareholder name card.

1991July 15, Shanghai stock exchange began to announce the price change index of eight stocks in Shanghai stock market to the public, so as to accurately reflect the overall trend of Shanghai stock market prices after the opening of the market and provide an important basis for investors to enter the market and engage in research.

1991On August 28th, China Securities Association was established in Beijing.

19911October 3 10, China southern glass co., ltd. and Shenzhen property development (group) co., ltd. issued shares to the public, which is the first time that a joint-stock enterprise in China issued B shares.