What is investor relations management?

Investor relations management (IRM) refers to the use of the principles of financial communication and marketing to manage the content and channels of information communication between companies and financial departments, so as to maximize the value of relevant stakeholders and gain wide recognition from investors as scheduled, standardize the operation of the capital market, realize the incentive mechanism of external constraints on the company's operation, maximize shareholder value and protect investors' interests, and reduce the pressure on regulatory agencies. IRM is also commonly understood as public relations management (PRM).

China stock market opening time, when is the stock market opening time?

China stock market is open from 9: 30am to11:30am and from13: 00pm to15: 00pm every Monday to Friday, trading for 4 hours every day.

9: 00 am15 ~ 9: 25 am call auction time, in which the order can be cancelled at 9: 00 am15-9: 20 am, and the order cannot be cancelled at 9: 20-9: 25 am. The opening price is the highest price that can be clinched at 9: 25 am. The stock market is closed on weekends and national holidays such as Spring Festival and National Day.

Opening hours of Hong Kong stock market:

The Hong Kong stock market opened at 10: 00 on the trading day and closed at 12: 30 at noon. In the afternoon 14: 30, and the transaction ended at 16: 00.

What is a fairy share?

The company issues shares at a low price, which is highly speculative. In Europe, America and other countries, stocks are often sold at less than one dollar, also known as low-priced stocks.

38. The winning way of three advances and three retreats.

38. The winning way of three advances and three retreats.

The "three retreats and one win" method is a fixed-point settlement method for buying and selling stocks.

Fixed-point settlement means that investors set a profit standard point and a stop loss point when buying stocks. When the stock price rises to the profit standard point, it should be sold immediately, so that it can be safe. When the stock price falls to the stop loss point, it should be sold without hesitation to reduce the greater losses caused by the possible decline. For knowledgeable investors in the stock market, it is usually through the technical analysis of the stock price to determine their own profit nodes and stop-loss points. However, many investors do not understand or are not used to determining profit nodes and stop loss points through technical analysis. Therefore, according to the basic principle of technical analysis, stock market experts put forward the winning method of "three advances and one retreat".

The specific operation of the three-retreat winning method is: after buying a stock, as long as its share price rises three times to realize profit-taking, as long as it falls by 10%, it will be recognized as a loss and sold.

The method of "advance together, retreat together and win unanimously" is simple to operate, allowing investors to settle accounts in time after making profits and keep the profits they have earned; It can also allow investors to avoid falling into a deep short market when the market reverses downward.

However, the disadvantage of this method is that if the market continues to rise after profit taking, investors will reduce their profits; If the market turns upward after selling at the stop loss point, investors may suffer some losses due to selling at a low price.

The winning method of three retreats is suitable for short-term investors.

How to determine the issue price of newly listed stocks?

The issue price of newly listed stocks is usually calculated as follows (take the current small and medium-sized board as an example):

P=A×40%+B×20%+C× 20%+D×20%

Where: P= issue price, A= after-tax net income per share of the company × average P/E ratio of similar companies in the last three years, B= dividend per share of the company/average dividend per share of similar companies in the last three years, C= recent net asset value per share, and D= expected dividend per share/one-year time deposit interest rate.

According to the characteristics of China's GEM companies and the current securities market environment in China, we believe that the following factors should be fully considered when determining the benchmark price of GEM companies' stock issuance: profitability before issuance, asset quality, technical level and product technical content of the company, market share and predicted market space of the company's products, growth rate of main business in recent years, expected performance and growth rate in several years after issuance, number of shares issued, business risk of the company, and price-earnings ratio of listed companies comparable to the main board market. Then, according to these factors, the benchmark evaluation price is determined by quantitative weighted average method.

Specifically, the valuation method of GEM listed stocks can be expressed by the following formula:

v = n×A/( 1-B)×40%+n×C/( 1-E)×40%+d×20%

Where: V= the stock value, N= the average P/E ratio (at least five) of the main board of the secondary market (or the Growth Enterprise Market with more listed companies) relative to the stocks of listed companies (the average value of the latest 15 ~ 20 trading days can be taken), A= the earnings per share of listed companies in the latest year, and B= the main business of listed companies in the last three years (the company established less than three years starts to calculate when it has business records) C= earnings per share forecast of the company to be listed in the latest year after its issuance, D= current net asset value per share of the company to be listed, and E= average growth rate of main business income of the company to be listed in the next three years (for some special companies with B or E greater than 100%, this formula cannot be used, and the company value and stock value can only be evaluated by other methods such as discount method).

What do you mean by potential stocks?

What do you mean by potential stocks?

Potential stock is just a vague concept, with potential ability and strength; The internal strength or ability that has not been exerted, that is, the ability that has been possessed but has not been exerted, is the potential stock. Generally, it refers to a stock with relatively low share price and high future growth expectation.

Some stocks have the potential to push the stock price up because of some future, hidden or neglected bullish factors. Finding these bullish factors and waiting patiently are the characteristics of investing in potential stocks. Investing in potential stocks often requires a long holding period (or tracking period). Once the potential shines, it must be settled in time.

What should a potential stock be? What are their characteristics?

1, the performance is obviously improved.

2. The starting price is low.

3. Rich potential themes.

There are mainstream funds in the market.

5, the share capital is small, the current dividend does not expand the share capital, indicating that the opportunity has not yet arrived, and it is necessary to maintain favorable cooperation and then raise it later.

6. Stay down and continue to consolidate after approaching the bottom area, indicating that the main force will clear the position after opening the position.

7, small non-profit, optimistic.

8. The increase of major shareholders indicates that the company has a good texture.

9. In the absence of good projects, the management is wise to repay the over-raised funds and make full use of them.

10, the mastered technology is internationally advanced, with broad prospects and products in short supply. Currently waiting for fundraising projects to improve performance.

1 1, the production of patented products, there is no relevant equipment in the market, which shows that you have mastered the unique skills.

12, the market layout shows that the management has ambitious goals.

How to find potential stocks?

Generally speaking, it is at least the industry leader, and it is also possible to subdivide the industry. The financial report is also better. It is not enough to judge only by historical transactions. It is better to look for a potential stock before it is recognized by the market, because to see whether a stock has potential, you have to know a lot about the company's strategy, the company's industry, the company's leadership, the company's operating conditions and so on. So we must follow it for a long time.

In the meantime, we can use our ideas to find and discover potential stocks.

1, the idea of periodicity

The performance of many stocks is often affected by the industry cycle and the company's stock cycle. Some years are high, and other years will enter a low tide. Shenzhen real estate stocks have shown a strong industry cycle nature; However, the company's capital increase and rights issue may make the cycle of individual stocks obvious. Usually, the rights issue can't get investment income in the current year, but the rights issue itself actually dilutes the earnings per share, but it may perform well in the following years.

2. "Counter-trend" thinking

In the depressed market, the major bullish news of individual stocks is often ignored indiscriminately by the market with some minor bullish news. For example, 1993 predicted that the earnings per share of "Shenzhen Property" reached 0.77 yuan (actually 0.83 yuan), and the news that "Guangdong Hua Fu" exceeded its annual profit plan in the first half of the year was also announced in the newspaper in advance, but until July 1993, the prices of the two stocks were still extremely high.

3. "Minority" thinking

Being in the minority in the stock market is an advantage. Facts show that sooner or later, a few advantages will be formed. For example, during the period of Shanghai Stock Exchange 1993, several local stocks with small market, poor performance and low price were successively "developed" into second-tier stocks by 1995.

4, "ahead" thinking

Some stocks may have potential themes, but they will not be shown until some uncertain moment in the future. This advanced understanding often needs the support of careful analysis. The meaning of "ahead" is to be good at excavating its intrinsic value from real information. Japanese securities tycoon Nomura is known as the intelligence chaebol. In July 2004, the Austrian Crown Prince was assassinated, and his overseas intelligence personnel reported that "a world war is about to break out". Based on this, Nomura saw the potential of stocks of military, petroleum, pharmaceutical and other companies and immediately bought them on a large scale. After the war broke out, the prices of these stocks soared, and Nomura Securities made millions of dollars steadily.