❶ Debt Security 鏄浠涔堟剰鎬濆晩錛
鍚屽︿綘濂斤紝寰堥珮鍏翠負鎮ㄨВ絳旓紒
銆銆鍊哄姟璇佸埜鍦ㄩ欐腐浜ゆ槗鍙婄粨綆楁墍鏈夐檺鍏鍙革紙棣欐腐浜ゆ槗鎵錛夋棗涓嬪叏璧勯檮灞炲叕鍙擱欐腐鑱斿悎浜ゆ槗鎵錛堣仈浜ゆ墍錛変笂甯傜殑鍊哄姟璇佸埜鍖呮嫭鍊哄埜鍙婄エ鎹錛堜笅縐扳滃哄埜鈥濓級銆 (debt instruments )鑱斾氦鎵鐨勫哄姟璇佸埜鍗沖哄埜銆俒1]鍊烘潈浠ｈ〃鐫鍏舵寔鏈変漢鍚戝彂鍊烘満鏋勶紙渚嬪傛斂搴滄垨鍏鍙革級鍊熷嚭鐨勫洪」錛岃屽彂鍊烘満鏋勬壙璇轟細鍏ㄦ暟鍋胯繕鍊哄埜鎸佹湁浜烘墍鍊熷嚭閲戦濄傚彂鍊烘満鏋勫ぇ澶氬湪鍊哄埜鍒版湡鏃ュ悜鎸佹湁浜哄伩榪樻鵑」錛屼絾涔熸湁浜涘洪」浼氬垎鏈熷伩榪樸備笌鑲＄エ鎸佹湁浜轟笉鍚岀殑鏄錛屽哄埜鎸佹湁浜轟笉灞炲彂鍊烘満鏋勭殑鎷ユ湁浜猴紝鑰屾槸鍊烘潈浜恆
甯屾湜楂橀】緗戞牎鐨勫洖絳旇兘甯鍔╂偍瑙ｅ喅闂棰橈紝鏇村氳儲浼氶棶棰樻㈣繋鎻愪氦緇楂橀】浼佷笟鐭ラ亾銆
楂橀】紲濇偍鐢熸椿鎰夊揩錛
❷ 鑲＄エ鏈璇鐭ヨ瘑 鑲＄エ鏈璇澶у叏 鑲＄エ鏈璇瑙ｉ噴 甯哥敤璐告槗鏈璇 鑲＄エ鎶鏈鏈璇 甯哥敤閲戣瀺鏈璇 鑲＄エ鍩烘湰鏈璇
銆銆甯歌佺殑涓浜涳細
銆銆1. 鎴愪氦鏁伴噺
銆銆鎸囧綋澶╂垚浜ょ殑鑲＄エ鏁伴噺銆
銆銆2. 鏃ユ渶楂樹環
銆銆鎸囧綋澶╄ヨ偂紲ㄦ垚浜や環鏍間腑鐨勬渶楂樹環鏍箋
銆銆3. 鏃ユ渶浣庝環
銆銆鎸囧綋澶╄ヨ偂紲ㄦ垚浜や環鏍間腑鐨勬渶浣庝環鏍箋
銆銆4. 璺崇┖
銆銆鎸囧彈寮虹儓鍒╁氭垨鍒╃┖娑堟伅鍒烘縺錛岃偂浠峰紑濮嬪ぇ騫呭害璺沖姩銆傝煩絀洪氬父鍦ㄨ偂浠峰ぇ鍙樺姩鐨勫紑濮嬫垨緇撴潫鍓嶅嚭鐜般
銆銆5. 鎴愪氦絎旀暟
銆銆鎸囪ヨ偂鎴愪氦鐨勬℃暟銆
銆銆6. 鏃ユ垚浜ら
銆銆鎸囧綋澶╁凡鎴愪氦鑲＄エ鐨勯噾棰濇繪暟銆
銆銆7. 澶氬ご
銆銆鎸囪偂紲ㄦ垚浜や腑鐨勪拱鏂廣
銆銆8. 絀哄ご
銆銆鎸囪偂紲ㄦ垚浜や腑鐨勫崠鏂廣
銆銆9. 娑ㄨ穼
銆銆褰撴棩鑲＄エ浠鋒牸涓庡墠涓鏃ユ敹鐩樹環鏍礆紙鎴栧墠涓鏃ユ敹鐩樻寚鏁幫級鐩告瘮鐨勭櫨鍒嗘瘮騫呭害錛屾ｅ間負娑錛岃礋鍊間負璺岋紝鍚﹀垯涓烘寔騫熾
銆銆10. 浠蜂綅
銆銆鎸囦拱鍗栦環鏍肩殑鍗囬檷鍗曚綅銆備環浣嶇殑楂樹綆闅忚偂紲ㄧ殑姣忚偂甯備環鐨勪笉鍚岃屽紓銆
銆銆11. 寮楂
銆銆浠婃棩寮鐩樹環鍦ㄦ槰鏃ユ敹鐩樹環涔嬩笂銆
銆銆12. 寮騫
銆銆浠婃棩寮鐩樹環涓庢槰鏃ユ敹鐩樹環鎸佸鉤銆
銆銆13. 寮浣
銆銆浠婃棩寮鐩樹環鍦ㄦ槰鏃ユ敹鐩樹環涔嬩笅銆
銆銆14. 娑ㄥ娍
銆銆鑲′環鍦ㄤ竴孌墊椂闂村唴涓嶆柇鏈濇柊楂樹環鏂瑰悜縐誨姩銆
銆銆15. 璺屽娍
銆銆鑲′環鍦ㄤ竴孌墊椂闂村唴涓嶆柇鏈濇柊浣庝環鏂瑰悜縐誨姩銆
銆銆16. 鐩樻暣
銆銆鑲′環鍦ㄦ湁闄愬箙搴﹀唴娉㈠姩錛屼竴鑸鏄鎸囦笂涓5%鐨勫箙搴﹀唴鐨勬嘗鍔ㄣ
銆銆17. 鍏沖崱
銆銆涓鑸灝嗘暣鏁頒綅鎴栭粍閲戝垎鍓蹭綅鎴栬偂姘戜範鎯涓婄殑蹇冪悊浠蜂綅縐頒箣涓哄叧鍗°
銆銆18. 紿佺牬
銆銆鑲′環鍐茶繃鍏沖崱涓虹獊鐮達紝涓鑸鎸囧悜涓婄獊鐮淬
銆銆19. 璺岀牬
銆銆鑲′環鍐茶繃鍏沖崱鍚戜笅紿佺牬縐頒負璺岀牬銆
銆銆20. 鍙嶈漿
銆銆鑲′環鏈濆師鏉ヨ秼鍔跨殑鐩稿弽鏂瑰悜縐誨姩鍒嗕負鍚戜笂鍙嶈漿鍜屽悜涓嬪弽杞銆
銆銆21. 鎺㈠簳
銆銆瀵繪壘鑲′環鏈浣庣偣榪囩▼錛屾帰搴曟垚鍔熷悗鑲′環鐢辨渶浣庣偣寮濮嬬炕鍗囥
銆銆22. 搴曢儴
銆銆鑲′環闀挎湡瓚嬪娍綰跨殑鏈浣庨儴鍒嗐
銆銆23. 澶撮儴
銆銆鑲′環闀挎湡瓚嬪娍綰跨殑鏈楂橀儴鍒嗐
銆銆24. 楂樹環鍖
銆銆澶氬ご甯傚満鐨勬湯鏈燂紝姝ゆ椂涓轟腑鐭鏈熸姇璧勭殑鏈浣沖崠鐐廣
銆銆25. 浣庝環鍖
銆銆澶氬ご甯傚満鐨勫垵鏈燂紝姝ゆ椂涓轟腑鐭鏈熸姇璧勭殑鏈浣充拱鐐廣
銆銆26. 涔扮洏寮哄姴
銆銆鑲″競浜ゆ槗涓涔版柟鐨勬叉湜寮虹儓錛岄犳垚鑲′環涓婃定銆
銆銆27. 鍗栧帇娌夐噸
銆銆鑲″競浜ゆ槗涓鎸佽偂鑰呬簤鐩告姏鍞鑲＄エ錛岄犳垚鑲′環涓嬭穼銆
銆銆28. 楠楃嚎
銆銆涓誨姏鎴栧ぇ鎴峰埄鐢ㄥ競鍦哄績鐞嗭紝鍦ㄨ秼鍔跨嚎涓婂仛鎵嬭剼錛屼嬌鏁ｆ埛浣滃嚭閿欒鐨勫喅瀹氥
銆銆29. 瓚呬拱
銆銆鑲′環鎸佺畫涓婂崌鍒頒竴瀹氶珮搴︼紝涔版柟鍔涢噺鍩烘湰鐢ㄥ姴錛岃偂浠峰嵆灝嗕笅璺屻
銆銆30. 瓚呭崠
銆銆鑲′環鎸佺畫涓嬭穼鍒頒竴瀹氫綆鐐癸紝鍗栨柟鍔涢噺鍩烘湰鐢ㄥ姴錛岃偂浠峰嵆灝嗗洖鍗囥
銆銆31. 钃濈硅偂
銆銆鎸囪祫鏈闆勫帤錛屼俊瑾変紭鑹鐨勬寕鐗屽叕鍙稿彂琛岀殑鑲＄エ銆
銆銆32. 澶氬ご甯傚満
銆銆涔熺О鐗涘競錛屽氨鏄鑲＄エ浠鋒牸鏅閬嶄笂娑ㄧ殑甯傚満銆
銆銆33. 鑲℃湰
銆銆鎵鏈変唬琛ㄤ紒涓氭墍鏈夋潈鐨勮偂紲錛屽寘鎷嫻侀氳偂涓庨潪嫻侀氳偂銆
銆銆34. 絀哄ご甯傚満
銆銆鑲′環鍛堥暱鏈熶笅闄嶈秼鍔跨殑甯傚満錛岀┖澶村競鍦轟腑錛岃偂浠風殑鍙樺姩鎯呭喌鏄澶ц穼灝忔定錛屼害縐扮唺甯傘
銆銆35. 澶氱炕絀
銆銆鍘熸湰鐪嬪ソ琛屾儏鐨勪拱鏂癸紝鐪嬫硶鏀瑰彉錛屽彉涓哄崠鏂廣
銆銆36. 絀虹炕澶
銆銆鍘熸湰鎵撶畻鍗栧嚭鑲＄エ鐨勪竴鏂癸紝鐪嬫硶鏀瑰彉錛屽彉涓轟拱鏂廣
銆銆37. 鍗栫┖
銆銆棰勮¤偂浠峰皢涓嬭穼錛屽洜鑰屽崠鍑鴻偂紲錛屽湪鍙戠敓瀹為檯浜ゅ壊鍓嶏紝灝嗗崠鍑鴻偂紲ㄥ傛暟琛ヨ繘錛屼氦鍓叉椂錛屽彧緇撴竻宸浠風殑鎶曟満琛屼負銆
銆銆38. 鍒╃┖
銆銆鎸囪偂紲ㄥ競鍦轟笂鏈夊埄浜庣┖澶寸殑娑堟伅銆
銆銆39. 鍒╁
銆銆鎸囪偂紲ㄥ競鍦轟笂鏈夊埄浜庡氬ご鐨勬秷鎮銆
銆銆40. 澶氭潃澶
銆銆涔板叆鑲＄エ鍚庡張絝嬪嵆鍗栧嚭鑲＄エ鐨勪綔娉曠О涓哄氭潃澶氥
銆銆41. 姝誨
銆銆鏄鐪嬪ソ鑲″競鍓嶆櫙錛屼拱榪涜偂紲ㄥ悗錛屽傛灉鑲′環涓嬭穼錛屽畞鎰挎斁涓婂嚑騫達紝涓嶈禋閽辯粷涓嶈劚鎵嬨
銆銆42. 澶ф埛
銆銆鎸囧ぇ棰濇姇璧勪漢錛屼緥濡傛嫢鏈夊ぇ璧勯噾鐨勯泦鍥㈡垨涓浜恆
銆銆43. 鏁ｆ埛
銆銆鎸囦拱鍗栬偂紲ㄦ暟閲忓緢灝戠殑灝忛濇姇璧勮呫
銆銆44. 鍚冭揣
銆銆鎸囧簞瀹跺湪浣庝環鏃舵殫涓涔拌繘鑲＄エ錛屽彨鍋氬悆璐с
銆銆45. 鍑鴻揣
銆銆鎸囧簞瀹跺湪楂樹環鏃訛紝涓嶅姩澹拌壊鍦板崠鍑鴻偂紲錛岀О涓哄嚭璐с
銆銆46. 鍧愯嬌瀛
銆銆鐩鍏夐攼鍒╂垨浜嬪厛寰楀埌淇℃伅鐨勬姇璧勪漢錛屽湪澶ф埛鏆椾腑涔拌繘鎴栧崠鍑烘椂錛屾垨鍦ㄥ埄澶氭垨鍒╃┖娑堟伅鍏甯冨墠錛屽厛鏈熶拱榪涙垨鍗栧嚭鑲＄エ錛屽緟鏁ｆ埛澶ч噺璺熻繘鎴栬窡鍑猴紝閫犳垚鑲′環澶у箙搴︿笂娑ㄦ垨涓嬭穼鏃訛紝鍐嶅崠鍑烘垨涔板洖錛屽潗浜鍘氬埄錛岃繖灝卞彨鍧愯嬌瀛愩
銆銆47. 鎶杞垮瓙
銆銆鍒╁氭垨鍒╃┖娑堟伅鍏甯冨悗錛岃や負鑲′環灝嗗ぇ騫呭害鍙樺姩錛岃窡鐫鎶㈣繘鎶㈠嚭錛岃幏鍒╂湁闄愶紝鐢氳嚦甯歌濂楃墷鐨勪漢錛屽氨鏄緇欏埆浜烘姮杞垮瓙銆
銆銆48. 鐑闂ㄨ偂
銆銆姣忔¤屾儏鍙嶅脊鎬繪湁涓浜涙澘鍧楁垨鑲＄エ璧風潃涓昏佹媺鍗囩殑浣滅敤錛岃繖浜涜偂紲ㄧ殑浜ゆ槗閲忓ぇ銆佹祦閫氭у己銆佷環鏍煎彉鍔ㄥ箙搴﹀ぇ縐板叾涓虹儹闂ㄨ偂銆
銆銆49. 鍐烽棬鑲
銆銆鏄鎸囦氦鏄撻噺灝忥紝嫻侀氭у樊錛屼環鏍煎彉鍔ㄥ皬鐨勮偂紲ㄣ
銆銆50. 鎴愰暱鑲
銆銆鎸囨柊娣葷殑鏈夊墠閫旂殑浜т笟涓錛屽埄娑﹀為暱鐜囪緝楂樼殑浼佷笟鑲＄エ銆傛垚闀胯偂鐨勮偂浠峰憟涓嶆柇涓婃定瓚嬪娍銆
銆銆51. 琛屾儏
銆銆鎸囪偂紲ㄧ殑浠蜂綅鎴栬偂浠風殑璧板娍銆
銆銆52. 鎶鏈鍥犵礌
銆銆璁稿氭姤綰哥粡嫻庢爮鍐呭垔鐧葷殑鍙嶆槧鑲″競鐗圭偣鐨勫悇縐嶆妧鏈鍥犵礌錛屽備富銆佹¤佽秼鍔垮拰閫嗗悜榪愬姩絳夈傝繖浜涘洜緔犲彲浠ョ煭鏈熷唴瀵硅偂紲ㄧ殑鍗栫┖鏁伴噺錛岄浂鏄熻偂鍜屾暣鏁拌偂鐨勪氦鏄撴瘮鐜囷紝鍝浜涜偂紲ㄤ笂鍗囧埌鏂伴珮搴︼紝鍝浜涜偂紲ㄤ笅闄嶅埌鏂頒綆鐐圭瓑榪涜屾湁鐩婄殑鍒嗘瀽錛岃繖瀵硅亴涓氭姇璧勮呭拰鎶曟満鑰呯殑濂藉勮繙澶т簬鏅閫氭姇璧勮呫
銆銆53. 鐗涘競
銆銆鎸囨暣涓鑲″競浠鋒牸鍛堜笂鍗囪秼鍔褲
銆銆54. 鐔婂競
銆銆鎸囨暣涓鑲″競浠鋒牸鏅閬嶄笅璺岀殑琛屾儏銆
銆銆55. 鐗涚毊甯
銆銆鎸囧湪鎵鑰冨療浜ゆ槗鏃ラ噷錛岃瘉鍒鎬環鏍間笂鍗囥備笅闄嶇殑騫呭害寰堝皬錛屼環鏍煎彉鍖栦笉澶э紝甯備環鍍忚閽変綇浜嗕技鐨勶紝濡傜墰鐨涔嬪潥闊с傚湪鐗涚毊甯備笂寰寰鎴愪氦閲忎篃寰堝皬錛岀墰鐨甯傛槸涓縐嶄拱鍗栧弻鏂瑰湪鍔涢噺鍧囪鏃剁殑浠鋒牸琛屽競琛ㄧ幇銆
銆銆56. 宕╃洏
銆銆宕╃洏鍗寵瘉鍒稿競鍦轟笂鐢變簬鏌愮嶅埄絀哄師鍥狅紝鍑虹幇浜嗚瘉鍒稿ぇ閲忔姏鍑猴紝瀵艱嚧璇佸埜甯傚満浠鋒牸鏃犻檺搴︿笅璺岋紝涓嶇煡鍒頒粈涔堢▼搴︽墠鍙浠ュ仠姝銆傝繖縐嶆帴榪炰笉鏂鍦板ぇ閲忔姏鍑鴻瘉鍒哥殑鐜拌薄涔熺О涓哄崠鐩樺ぇ閲忔穠鐜般
銆銆57. 鍒╃┖鍑哄敖
銆銆鍦ㄨ瘉鍒稿競鍦轟笂錛岃瘉鍒鎬環鏍煎洜鍚勭嶄笉鍒╂秷鎮鐨勫獎鍝嶈屼笅璺岋紝榪欑嶈秼鍔挎寔緇涓孌墊椂闂達紝璺屽埌涓瀹氱殑紼嬪害錛岀┖鏂圭殑鍔涢噺寮濮嬪噺寮憋紝鎶曡祫鑰呴』涓嶅啀琚榪欎簺鍒╃┖鐨勫洜緔犳墍褰卞搷錛岃瘉鍒鎬環鏍煎紑濮嬪弽寮逛笂鍗囷紝榪欑嶇幇璞″氨琚縐頒綔鍒╃┖鍑哄敖銆
銆銆58. 閲忎環鏍艱儗紱
銆銆褰撳墠鐨勯噺浠峰叧緋諱笌涔嬪墠鐨勯噺浠峰叧緋誨彂鐢熶簡鏀瑰彉錛屼竴鑸閲忎環鑳岀諱細浜х敓涓縐嶆柊鐨勮秼鍔匡紝涔熷彲鑳藉彧鏄涓婂崌涓鐨勮皟鏁存垨涓嬭穼涓鐨勫弽寮廣
銆銆59. 鍥炴。鍦ㄨ偂甯備笂錛岃偂浠峰憟涓嶆柇涓婃定瓚嬪娍錛岀粓鍥犺偂浠蜂笂娑ㄩ熷害榪囧揩鑰屽弽杞鍥炶穼鍒版煇涓浠蜂綅錛岃繖涓璋冩暣鐜拌薄縐頒負鍥炴。銆備竴鑸鏉ヨ達紝鑲＄エ鐨勫洖妗ｅ箙搴﹁佹瘮涓婃定騫呭害灝忥紝閫氬父鏄鍙嶈漿鍥炶穼鍒板墠涓嬈′笂娑ㄥ箙搴︾殑涓夊垎涔嬩竴宸﹀彸鏃跺張鎮㈠嶅師鏉ヤ笂娑ㄨ秼鍔褲
銆銆60. 鍙嶅脊
銆銆鍦ㄨ偂甯備笂錛岃偂浠峰憟涓嶆柇涓嬭穼瓚嬪娍錛岀粓鍥犺偂浠蜂笅璺岄熷害榪囧揩鑰屽弽杞鍥炲崌鍒版煇涓浠蜂綅鐨勮皟鏁寸幇璞＄О涓哄弽寮廣備竴鑸鏉ヨ達紝鑲＄エ鐨勫弽寮瑰箙搴﹁佹瘮涓嬭穼騫呭害灝忥紝閫氬父鏄鍙嶅脊鍒板墠涓嬈′笅璺屽箙搴︾殑涓夊垎涔嬩竴宸﹀彸鏃訛紝鍙堟仮澶嶅師鏉ョ殑涓嬭穼瓚嬪娍銆
銆銆61. 鏁寸悊錛堢洏鏁達級
銆銆鑲″競涓婄殑鑲′環緇忚繃澶у箙搴﹁繀閫熶笂娑ㄦ垨涓嬭穼鍚庯紝閬囧埌闃誨姏綰挎垨鏀鎾戠嚎錛屽師鍏堜笂娑ㄦ垨涓嬭穼瓚嬪娍鏄庢樉鏀炬參錛屽紑濮嬪嚭鐜板箙搴︿負15錛呭乏鍙崇殑涓婁笅璺沖姩錛屽苟鎸佺畫涓孌墊椂闂達紝榪欑嶇幇璞＄О涓烘暣鐞嗐傛暣鐞嗙幇璞＄殑鍑虹幇閫氬父琛ㄧず澶氬ご鍜岀┖澶存縺鐑堜簰鏂楄屼駭鐢熶簡璺沖姩浠蜂綅錛屼篃鏄涓嬩竴嬈¤偂浠峰ぇ鍙樺姩鐨勫墠濂忋
銆銆62. 濂楃墷
銆銆鏄鎸囪繘琛岃偂紲ㄤ氦鏄撴椂鎵閬閬囩殑浜ゆ槗椋庨櫓銆備緥濡傛姇璧勮呴勮¤偂浠峰皢涓婃定錛屼絾鍦ㄤ拱榪涘悗鑲′環鍗翠竴鐩村憟涓嬭穼瓚嬪娍錛岃繖縐嶇幇璞＄О涓哄氬ご濂楃墷銆傜浉鍙嶏紝鎶曡祫鑰呴勮¤偂浠峰皢涓嬭穼錛屽皢鎵鍊熻偂紲ㄦ斁絀哄崠鍑猴紝浣嗚偂浠峰嵈涓鐩翠笂娑錛岃繖縐嶇幇璞＄О涓虹┖澶村楃墷銆
銆銆63. 杞х┖
銆銆鍗崇┖澶村捐澗絀哄ご銆傝偂甯備笂鐨勮偂紲ㄦ寔鏈夎呬竴鑷磋や負褰撳ぉ鑲＄エ灝嗕細澶т笅璺岋紝浜庢槸澶氭暟浜哄嵈鎶㈠崠絀哄ご甯藉瓙鍗栧嚭鑲＄エ錛岀劧鑰屽綋澶╄偂浠峰苟娌℃湁澶у箙搴︿笅璺岋紝鏃犳硶浣庝環涔拌繘鑲＄エ銆傝偂甯傜粨鏉熷墠錛屽仛絀哄ご鐨勫彧濂界珵鐩歌ˉ榪涳紝浠庤屽嚭鐜版敹鐩樹環澶у箙搴︿笂鍗囩殑灞闈銆
銆銆64. 闆惰偂浜ゆ槗
銆銆涓嶅埌涓涓鎴愪氦鍗曚綅(1鎵=100鑲)鐨勮偂紲錛屽1鑲°10鑲★紝縐頒負闆惰偂錛庡湪鍗栧嚭鑲＄エ鏃,鍙浠ョ敤闆惰偂榪涜屽旀墭錛涗絾涔拌繘鑲＄エ鏃朵笉鑳戒互闆惰偂榪涜屽旀墭錛屾渶灝忓崟浣嶆槸1鎵嬶紝鍗100鑲°
銆銆65. 涔板３涓婂競
銆銆鎵璋撲拱澹充笂甯傦紝灝辨槸涓瀹朵紭鍔誇紒涓氶氳繃鏀惰喘鍊烘潈銆佹帶鑲°佺洿鎺ュ嚭璧勩佽喘涔拌偂紲ㄧ瓑鏀惰喘鎵嬫典互鍙栧緱琚鏀惰喘鏂癸紙涓婂競鍏鍙革級鐨勬墍鏈夋潈銆佺粡钀ユ潈鍙婁笂甯傚湴浣嶃傜洰鍓嶏紝鍦ㄦ垜鍥借繘琛屼拱澹熾佸熷３涓鑸閮介氳繃浜岀駭甯傚満璐騫舵垨鑰呴氳繃鍥藉惰偂銆佹硶浜鴻偂鐨勫崗璁杞璁╄繘琛岀殑銆
銆銆66. 濮旀瘮
銆銆濮旀瘮鏄琛￠噺涓孌墊椂闂村唴鍦哄唴涔般佸崠鐩樺己寮辯殑鎶鏈鎸囨爣銆傚畠鐨勮＄畻鍏寮忎負錛氬旀瘮=(濮斾拱鎵嬫暟錛嶅斿崠鎵嬫暟)/(濮斾拱鎵嬫暟錛嬪斿崠鎵嬫暟)脳100錛呫備粠鍏寮忎腑鍙浠ョ湅鍑猴紝濮旀瘮鐨勫彇鍊艱寖鍥翠粠錛100錛呰嚦錛100錛呫傝嫢濮旀瘮涓烘ｅ礆紝璇存槑鍦哄唴涔扮洏杈冨己錛屼笖鏁板艱秺澶э紝涔扮洏灝辮秺寮哄姴銆傚弽涔嬶紝鑻ュ旀瘮涓鴻礋鍊礆紝鍒欒存槑甯傞亾杈冨急銆備負鍙婃椂鍙嶆槧鍦哄唴鐨勫嵆鏃朵拱鍗栫洏寮哄急鎯呭喌錛屽斾拱鎵嬫暟鏄鎸囧嵆鏃跺悜涓嬩笁妗ｇ殑濮旀墭涔板叆鐨勬繪墜鏁幫紝濮斿崠鎵嬫暟鏄鎸囧嵆鏃跺悜涓婁笁妗ｇ殑濮旀墭鍗栧嚭鎬繪墜鏁般傚傦細鏌愯偂鍗蟲椂鏈楂樹拱鍏ュ旀墭鎶ヤ環鍙婂旀墭閲忎負15.00鍏130鎵嬶紝鍚戜笅涓ゆ。鍒嗗埆涓14.99鍏150鎵嬨14.98鍏205鎵嬶紱鏈浣庡崠鍑哄旀墭鎶ヤ環鍙婂旀墭閲忓垎鍒涓15.01鍏270鎵嬶紝鍚戜笂涓ゆ。鍒嗗埆涓15.02鍏475鎵嬨15.03鍏655鎵嬶紝鍒欐ゆ椂鐨勫嵆鏃跺旀瘮涓猴紞48.54錛呫傛樉鐒訛紝姝ゆ椂鍦哄唴鎶涘帇寰堝ぇ銆
銆銆67. 鎹㈡墜鐜
銆銆鎹㈡墜鐜囨槸鎸囧湪涓瀹氭椂闂村唴甯傚満涓鑲＄エ杞鎵嬩拱鍗栫殑棰戠巼,鏄鍙嶆槧鑲＄エ嫻侀氭х殑鎸囨爣涔嬩竴銆傝＄畻鍏寮忎負:鎹㈡墜鐜=(鏌愪竴孌墊椂闂村唴鐨勬垚浜ら噺/嫻侀氳偂鏁)脳100%銆備竴鑸鏉ヨ,褰撹偂浠峰勪簬浣庝綅鏃訛紝褰撴棩鎹㈡墜鐜囪揪鍒4%宸﹀彸鏃跺簲寮曡搗鎶曡祫鑰呯殑鍏蟲敞,鑰屼笂鍗囬斾腑鎹㈡墜鐜囪揪鍒20%宸﹀彸鏃跺垯搴斿紩璧瘋︽儠銆
銆銆68. 媧楃洏
銆銆鎸囧簞瀹跺ぇ鎴蜂負闄嶄綆鎷夊崌鎴愭湰鍜岄樆鍔涳紝鍏堟妸鑲′環澶у箙搴︽潃浣庯紝鍥炴敹鏁ｆ埛鎮愭厡鎶涘敭鐨勮偂紲錛岀劧鍚庢姮楂樿偂浠蜂箻鏈鴻幏鍙栦環宸鍒╃泭鐨勮屼負銆備竴鑸璇達紝鍙瑕佽兘紜瀹氳偂浠風殑娉㈠姩涓哄簞瀹舵礂鐩橈紝灝卞簲璇ユ寔絳逛笉鍔錛岄潤寰呰偂浠蜂笂娑ㄣ
銆銆69. 鍓茶倝
銆銆鎸囬珮浠蜂拱榪涜偂紲ㄥ悗錛屽ぇ鍔誇笅璺岋紝涓洪伩鍏嶇戶緇鎹熷け錛屼綆浠瘋禂鏈鍗栧嚭鑲＄エ銆傛㈡崯鏄鍓茶倝鐨勪竴縐嶏紝鎻愬墠璁劇珛濂芥㈡崯浠蜂綅錛岄槻姝㈡洿澶х殑鎹熷け錛屾槸鐭綰挎姇璧勮呭簲鐏墊椿榪愮敤鐨勬柟娉曪紝鏂拌偂姘戜嬌鐢ㄥ彲闃叉㈡繁搴﹀楃墷銆
銆銆70. 璺屽仠鏉
銆銆璇佸埜浜ゆ槗褰撳ぉ鑲′環鐨勬渶浣庨檺搴︾О涓鴻穼鍋滄澘錛岃穼鍋滄澘鏃剁殑鑲′環縐拌穼鍋滄澘浠楓
銆銆A鑲 A銆Share
銆銆A鑲℃槸鎴戝浗澧冨唴鐨勫叕鍙稿彂琛岋紝渚涘冨唴鏈烘瀯銆佺粍緇囨垨涓浜猴紙涓嶅惈鍙般佹腐銆佹境鎶曡祫鑰咃級浠ヤ漢姘戝竵璁よ喘鍜屼氦鏄撶殑鏅閫氳偂鑲＄エ銆侫鑲″競鍦轟簬1990騫存垚絝嬨
銆銆B鑲 B銆Share
銆銆B鑲℃槸涓鍥藉ぇ闄嗗叕鍙稿彂琛岀殑浜烘皯甯佺壒縐嶈偂紲錛屽湪鍥藉唴璇佸埜浜ゆ槗鎵涓婂競錛屼互澶栧竵浜ゆ槗銆侭鑲″満浜1992騫村緩絝嬶紝2001騫2鏈19鏃ュ墠錛屼粎闄愬栧浗鎶曡祫鑰呬拱鍗栥2001騫2鏈19鏃ュ悗錛孊鑲″競鍦哄瑰浗鍐呮姇璧勮呭紑鏀俱
銆銆淇濊瘉閲 Margin
銆銆鍦ㄨ瘉鍒稿競鍦鴻瀺璧勮喘涔拌瘉鍒告椂錛屾姇璧勮呮墍闇緙寸撼鐨勮嚜澶囨俱
銆銆璐濆 Beta
銆銆璐濆斾竴欏圭敤浠ヨ閲忎竴縐嶈偂紲ㄤ環鏍肩殑鍙樺姩涓庢暣涓鑲＄エ甯傚満鏁翠綋鍙樺姩鐨勭浉鍏蟲х殑鎸囨爣銆
銆銆鎵塊攢鍟 Underwriter
銆銆鎵塊攢鍟嗗悜鍏鍙告媴淇濇墍絳歸泦璧勯噾浼氬強鏃跺埌浣嶏紝涓嶈凍閮ㄥ垎鐢辨壙閿鍟嗚礋鎷呫
銆銆鍒濇″叕寮鍙戣 Initial Public Offering
銆銆鎸囩佷漢鍏鍙擱栨″湪鍏寮甯傚満鍙戣岃偂紲ㄤ粠鑰屾垚涓哄叕浼楀叕鍙哥殑琛屼負銆傞栨″叕寮鍙戣岀洰鐨勬槸涓哄揩閫熸垚闀跨殑鏂板叕鍙哥歸泦鐢熶駭緇忚惀鎵闇璧勬湰銆傞栨″彂琛岀殑鑲＄エ涓鑸鐢變竴瀹舵垨鏁板舵姇璧勯摱琛岃喘鍏ワ紝鐒跺悗錛岀敱鍏跺垎閿緇欏箍澶ф姇璧勮呫
銆銆闄ゆ潈 Ex-rights
銆銆闄ゆ潈鎶ヤ環鐨勮偂紲ㄨ祴浜堝嚭鍞鑰呬繚鐣欏垎浜鍏鍙告柊鍙戣偂紲ㄧ殑鏉冨埄銆
銆銆闄ゆ伅 Ex-dividend
銆銆闄ゆ伅鍑哄敭鐨勮偂紲ㄨ祴浜堝嚭鍞鑰呬繚鐣欏嵆鏈熺孩鍒╃殑鏉冨埄銆
銆銆鍒涗笟鏉垮競鍦 Growth Enterprise Market
銆銆涔熺О浜屾澘甯傚満錛屾槸涓婂競鏍囧噯杈冧綆銆佷負涓灝忓壋鏂板叕鍙歌瀺璧勭殑鑲＄エ甯傚満銆
銆銆閲嶇粍 Reconstruction
銆銆鍖呮嫭鑲′喚鍒嗘媶銆佸悎騫躲佽祫鏈緙╁噺錛堥儴鍒嗗伩榪橈級浠ュ強鍚嶇О鏀瑰彉銆
銆銆鍒版湡鏃 Expiry, expiry date, expiration
銆銆鎵鏈夋湭琛屾潈鏈熸潈鎴栨潈璇佺殑鏈熸弧鏃ャ
銆銆鍒版湡鏀剁泭鐜 Yield to Maturity
銆銆鑰冭檻鍩轟簬闈㈠肩殑浠鋒牸鎶樻墸鎴栬呬環鏍煎崌婧㈡椂錛屽哄埜鐨勫埌鏈熸敹鐩婄巼銆傚傛灉鍊哄埜浠ユ姌鎵ｄ環鏍煎嚭鍞錛岃ユ敹鐩婄巼澶т簬褰撳墠鏀剁泭鐜囷紱濡傛灉鍊哄埜浠ュ崌婧浠鋒牸鍑哄敭錛岃ユ敹鐩婄巼灝忎簬褰撳墠鏀剁泭鐜囥
銆銆浣庢娂鍊哄埜 Mortgage Bond
銆銆鎸囧叕鍙鎬互璁懼囥佽儲浜ф垨鍏朵粬涓嶅姩浜т綔涓烘姷鎶兼潈鎵鎷呬繚鍙戣岀殑鍊哄埜銆傛姷鎶煎搧鐨勪環鍊間笉涓瀹氱瓑浜庡哄埜鐨勪環鍊箋
銆銆瀵瑰啿鍩洪噾 Hedge fund
銆銆姝ょ被鍩洪噾鏈夊埆浜庡叡鍚屽熀閲戱紝琚瀵屾湁鐨勪釜浜哄拰鏈烘瀯鐢ㄤ簬瀹炴柦榪涘彇鍨嬬瓥鐣ワ紝鍖呮嫭鍗栫┖銆佹潬鏉嗘搷浣溿佺▼搴忎氦鏄撱佷簰鎹浜ゆ槗銆佸楀埄浜ゆ槗鍜岃嶇敓鍝佷氦鏄撱傛硶寰嬭勫畾姣忎釜瀵瑰啿鍩洪噾鐨勬姇璧勮呭簲灝戜簬100浜猴紝鍥犳や竴鑸鎯呭喌涓嬶紝瀵瑰啿鍩洪噾鐨勬渶灝忎氦鏄撻濋檺瀹氫負100涓囩編鍏冦
銆銆浜岀駭甯傚満 Secondary market
銆銆浜岀駭甯傚満鏄鑲＄エ鎴栧哄埜鐨勪氦鏄撳満鎵銆傚氭暟璇佸埜鐨勪氦鏄撴椿鍔ㄩ兘鍦ㄤ簩綰у競鍦鴻繘琛屻
銆銆娉曚漢鑲 Legal person shares
銆銆鎸囦紒涓氭硶浜烘垨鍏鋒湁娉曚漢璧勬牸鐨勪簨涓氬崟浣嶅拰紺句細鍥浣撲互鍏朵緷娉曞彲緇忚惀鐨勮祫浜у悜鍏鍙擱潪嫻侀氳偂鏉冮儴鍒嗘姇璧勬墍褰㈡垚鐨勮偂浠姐
銆銆鍒嗘媶 Spin Off
銆銆鎸囧叕鍙擱氳繃鍙戣屾柊鍏鍙哥殑鑲＄エ錛屽皢鍏鍙稿垎鏀鏈烘瀯鎴栭儴闂ㄤ粠鍏鍙鎬腑鎷嗙誨嚭鍘葷殑琛屼負銆傛瘝鍏鍙歌偂涓滄寜鍘熸潵鎸佽偂鏁伴噺姣斾緥鑾峰緱鏂板叕鍙哥殑鑲＄エ錛屾諱環鍊煎熀鏈涓嶅彉銆
銆銆鍒嗘暎鍖栨姇璧 Diversification
銆銆灝嗚祫閲戝悓鏃舵姇璧勪簬涓嶅悓綾誨瀷璇佸埜鍜屼笉鍚岄嗗煙鍏鍙歌偂紲ㄧ殑琛屼負銆
銆銆灝侀棴寮忓熀閲 Close錛峞nd fund
銆銆鍩洪噾鐨勪竴縐嶏紝鍙戣岀殑鍩洪噾鍗曚綅鏁扮洰鏄鍥哄畾鐨勶紝閫氬父鍦ㄨ瘉鍒鎬氦鏄撴墍鎸傜墝浜ゆ槗銆備笌寮鏀懼紡鍩洪噾涓嶅悓鐨勬槸錛屽皝闂寮忓熀閲戜笉鎸佺畫鍦板壋閫犲拰璧庡洖鍩洪噾鍗曚綅銆備漢浠閫氬父璁や負灝侀棴寮忓熀閲戠粡鐞嗗瑰埄娑︾殑榪介愬姩鍔涗笉濡傚紑鏀懼紡鍩洪噾緇忕悊錛堝洜涓哄紑鏀懼紡鍩洪噾緇忕悊蹇呴』鍚稿紩鍜岀暀浣忓熀閲戞姇璧勮咃級錛屾墍浠ュ皝闂寮忓熀閲戦氬父鏄鎸夊噣璧勪駭鍊肩殑涓涓鎶樻墸榪涜屼氦鏄撱
銆銆鑲′喚 Shares
銆銆鑲′喚浠ｈ〃瀵瑰叕鍙哥殑閮ㄥ垎鎷ユ湁鏉冿紝鍒嗕負鏅閫氳偂銆佷紭鍏堣偂銆佹湭瀹屽叏鍏戜粯鐨勮偂鏉冦
銆銆鑲＄エ浜ゆ槗鎵 Stock Exchange
銆銆涓涓鏈夌粍緇囩殑榪涜岃瘉鍒鎬氦鏄撶殑鍦烘墍錛屼細鍛樼粡綰鍟嗗湪璇佸埜浜ゆ槗鎵涓烘満鏋勬姇璧勮呭拰涓浜烘姇璧勮呯殑鎶ュ崟浜ゆ槗鎻愪緵闆嗕腑鐨勪緵奼傛柟闈㈢殑鎾鍚堛
銆銆鑲＄エ璁よ喘鏉冨彂琛 Rights issue
銆銆鍏鍙歌偂涓滆喘涔拌ュ叕鍙告柊鑲′喚鐨勪紭鍏堟潈鍒╋紝璐涔頒環鏍奸氬父浣庝簬甯傚満浠鋒牸銆
銆銆鑲℃潈 Equities
銆銆鍦ㄨ偂紲ㄥ競鍦虹殑鑼冪暣鍐咃紝鑲℃潈涓庤偂紲ㄦ槸鍚屼箟璇嶏紝瀹冧滑鏈夊埆浜庡叕鍊哄拰鍊哄埜絳夊哄姟鎬ц瘉鍒革紝閮借〃紺哄逛竴瀹跺叕鍙哥殑閮ㄥ垎鎵鏈夋潈銆傚湪宸ュ晢涓氶嗗煙錛岃偂鏉冭〃紺烘湁鍏蟲柟瀵瑰伐鍟嗗疄浣撹儲浜х殑鍏ㄩ儴鏉冪泭錛岃捶嬈句漢鍜屽烘潈浜烘嫢鏈夆滅壒鍒鑲℃潈鈥濓紝鑰屾墍鏈変漢鎷ユ湁鈥滃墿浣欓儴鍒嗏濈殑鑲℃潈銆
銆銆鑲℃潈鏀剁泭 Return on equity
銆銆鍦ㄨ繘琛岃偂鏉冩姇璧勫垎鏋愭椂錛岄渶瑕佽＄畻鍏鍙稿硅偂涓滅殑鑲℃潈鍥炴姤銆傝偂涓滅殑鑲℃潈閫氬父涓嶅寘鎷鏃犲艦璧勪駭錛堝傚叕鍙鎬俊瑾夛級錛岃＄畻鑲′笢鏉冪泭鏃惰佸湪鎬昏祫浜т腑鍑忓幓鎬昏礋鍊哄拰鏃犲艦璧勪駭閮ㄥ垎銆傝偂鏉冩敹鐩=錛堢◣鍚庡埄娑/鑲′笢鏉冪泭錛*100%銆
銆銆鑲℃伅鐜 Dividend yield
銆銆浠ュ崰鑲＄エ鏈鍚庨攢鍞浠鋒牸鐨勭櫨鍒嗘暟琛ㄧず鐨勫勾搴﹁偂鎮錛岃ユ寚鏍囨槸鎶曡祫鏀剁泭鐜囩殑綆鍖栧艦寮忋
銆銆鍥哄畾璧勪駭 Fixed assets
銆銆涓嶆槗杞鍖栦負鐜伴噾鐨勮祫浜э紝濡備綇瀹呫侀浼戦噾絳夈
銆銆鍏寵仈鍏鍙 Related company
銆銆閫氳繃鍒嗘敮鏈烘瀯鐨勮偂鏉冩潵鎺у埗涓瀹跺叕鍙稿拰琚涓瀹跺叕鍙告帶鍒剁殑鍏鍙搞
銆銆鍏寵仈鍏鍙 Associated company
銆銆濡傛灉鍦ㄤ袱瀹跺叕鍙鎬箣闂村瓨鍦ㄦ煇縐嶇被鍨嬬殑瀹夋帓錛屽垯鍙浠ョО榪欏跺叕鍙鎬笌鍙︿竴瀹舵湁鍏寵仈銆傚綋涓瀹跺叕鍙告寔鏈夊彟涓瀹剁殑鑲′喚鏃訛紝瀹冧滑涔熷彲浠ヨ縐頒負鍏寵仈鍏鍙搞
銆銆鏌滃彴甯傚満 Over-The-Counter/OTC
銆銆鎸囧湪璇佸埜浜ゆ槗鎵浠ュ栬繘琛岃瘉鍒鎬氦鏄撶殑騫挎硾甯傚満銆傛煖鍙板競鍦鴻瘉鍒稿叕鍙稿ぇ澶氶氳繃鐢佃瘽鑱旂郴鑰屽畬鎴愪氦鏄擄紝鍦ㄤ氦鏄撲腑涓鑸鍏呭綋鍋氬競鍟嗘垨緇忕邯浜虹殑瑙掕壊銆
銆銆鍥芥湁鑲 State share
銆銆鎸囨湁鏉冧唬琛ㄥ浗瀹舵姇璧勭殑閮ㄩ棬鎴栨満鏋勪互鍥芥湁璧勪駭鍚戝叕鍙告姇璧勫艦鎴愮殑鑲′喚錛屽寘鎷浠ュ叕鍙哥幇鏈夊浗鏈夎祫浜ф姌綆楁垚鐨勮偂浠姐傚浗鏈夎偂涓嶈兘鍦ㄨ偂甯備氦鏄撱
銆銆H鑲 H share
銆銆鍦ㄩ欐腐浜ゆ槗鎵涓婂競鐨勪腑鍥藉ぇ闄嗗叕鍙搞
銆銆鍚堝苟 Merger
銆銆鎸囦袱瀹舵垨涓ゅ朵互涓婂叕鍙告暣鍚堟垚涓轟竴涓鍗曠嫭鐨勭粡嫻庝綋銆
銆銆綰㈢硅偂 Red chips
銆銆鍦ㄩ欐腐娉ㄥ唽銆佷笂甯傚苟鐢卞ぇ闄嗘帶鑲＄殑涓璧勫叕鍙搞
銆銆綰㈣偂 Bonus shares/bonus issue
銆銆鍏鍙稿悜鐜版湁鑲′笢鍙戣岀殑鍏嶈垂鐨勯濆栬偂紲錛岄氬父鎸夌収浜嬪厛鍒跺畾鐨勬瘮渚嬫寜鑲′笢鎸佹湁鑲′喚鏁板彂琛屻傜孩鍒 Dividend
銆銆鑲′笢鎵鑾峰緱鐨勫叕鍙擱儴鍒嗗噣鍒╂鼎鍒嗛厤銆傞氬父錛岀孩鍒╄〃紺轟負姣忚偂涓瀹氶噾棰濇暟
銆銆鎹㈡墜鐜 Turnover Rate
銆銆浠ョ櫨鍒嗘瘮琛￠噺鐨勪竴騫村唴鑲＄エ鐨勬垚浜ら噺鍗犺偂紲ㄦ繪暟鐨勬瘮渚嬨備互鏍鋒湰鎬諱綋鐨勬ц川涓嶅悓鏈変笉鍚岀殑鎸囨爣綾誨瀷錛屽備氦鏄撴墍鎵鏈変笂甯傝偂紲ㄧ殑鎬繪崲鎵嬬巼銆佸熀浜庢煇鍗曚釜鑲＄エ鍙戣屾暟閲忕殑鎹㈡墜鐜囥佸熀浜庢煇鏈烘瀯鎸佹湁緇勫悎鐨勬崲鎵嬬巼銆
銆銆鍥炶喘 Buyback
銆銆鍏鍙稿皢鑷宸卞彂琛岀殑鑲＄エ鎴栧哄埜璐鍥炪傚洖璐鐨勭洰鐨勫寘鎷鍒╃敤闂茬疆鐜伴噾錛屾彁楂樻瘡鑲＄泩鍒╋紝鎻愰珮瀵瑰叕鍙哥殑鍐呴儴鎺у埗錛岃幏寰楄偂紲ㄤ互渚跨敤浜庡憳宸ヨ偂紲ㄦ湡鏉冭″垝鎴栭浼戦噾璁″垝銆傚湪榪欑嶆儏鍐典笅錛屼篃琚縐頒負鍏鍙稿洖璐銆
銆銆闆嗗悎絝炰環 Call auction
銆銆鎸囬氳繃鏀墮泦璁㈠崟錛岀劧鍚庡湪鐗瑰畾鏃墮棿鎸夊崟涓浠鋒牸鎵ц岃㈠崟鐨勪氦鏄撳艦寮忋
銆銆浠峰樊 Spread
銆銆鏌愯瘉鍒稿綋鍓嶇殑涔板叆涓庡崠鍑轟環涔嬮棿鐨勪環鏍煎樊寮傘
銆銆浜ゆ槗鎵浜ゆ槗鍩洪噾 Exchange Traded Fund/ETF
銆銆鍦ㄤ氦鏄撴墍涓婂競浜ゆ槗鐨勫紑鏀懼紡鎶曡祫鍩洪噾錛屽畠鍏煎叿鑲＄エ鍜岀＄悊鍩洪噾鐨勬煇浜涚壒寰併
銆銆鐪嬭穼鏈熸潈 Put option
銆銆涓浠戒拱鍗栧悎綰︼紝鍚堢害鎸佹湁鑰呮湁鏉冨湪鍒版湡鍓嶆寜瑙勫畾鐨勪環鏍煎崠鍑鴻勫畾鏁伴噺鐨勮偂浠姐
銆銆钃濈硅偂 Blue chip
銆銆钃濈硅偂鎸囩殑鏄閭ｄ簺鍦ㄨ屼笟鏅姘斿拰涓嶆櫙姘旀椂閮借兘澶熸湁鑳藉姏璧氬彇鍒╂鼎錛屽悓鏃墮庨櫓杈冨皬鐨勫叕鍙哥殑鑲＄エ錛岃摑絳硅偂鐨勪環鏍奸氬父杈冮珮銆
銆銆榪炵畫絝炰環 Continuous auction
銆銆鎸囬氳繃鐩存帴榪炵畫鎾鍚堜拱鍗栬㈠崟鏉ュ艦鎴愪氦鏄撲環鏍肩殑浜ゆ槗褰㈠紡銆
銆銆闆惰偂浜ゆ槗 Odd Lots
銆銆鍦ㄨ瘉鍒鎬氦鏄撲腑錛屼氦鏄撴暟閲忎綆浜庝氦鏄撳崟浣嶈咃紙濡100鑲★級銆
銆銆嫻佸姩璐熷 Current liabilities
銆銆鎸夎佹眰鎴栦竴騫村唴搴旀竻鍋跨殑鍊哄姟銆傚湪鍏鍙哥殑騫村害鎶ュ憡涓錛岃繖涓鎸囨爣琛ㄦ槑鍏鍙稿湪12涓鏈堝唴搴斿伩浠樼殑鍊哄姟鏁伴濄傚瑰叕鍙歌岃█錛岄氬父鏄鎸囦竴騫存湡鐨勬瑺嬈懼拰搴斾粯甯愭俱
銆銆嫻佸姩鎬 Liquidity
銆銆鎸囪祫浜у湪鏃犲お澶ф崯澶變笅鑳借繀閫熻漿鍙樹負鐜伴噾鐨勯毦鏄撶▼搴︼紝涔熸寚甯傚満鍙備笌鑰呭箍娉涳紝鍚屾椂涔板崠鍙屾柟鎶ヤ環宸璺濅篃寰堝皬錛屼氦鏄撲究鍒╃殑甯傚満鐘舵併傚競鍦烘祦鍔ㄦф槸琛￠噺甯傚満鐘舵佹槸鍚﹁壇濂界殑閲嶈佹寚鏍囥
銆銆涔板叆鎶ヤ環鍜屽崠鍑烘姤浠 Bid and Ask
銆銆涓よ呭悎鍦ㄤ竴璧風О涓衡滄姤浠封濄備拱鍏ユ姤浠鋒寚鐨勬槸涓涓涔板舵効鎰忔敮浠樼殑鏈楂樹環錛屽崠浠峰嚭鎶ヤ環鎸囩殑鏄涓涓鍗栧舵効鎰忔帴鍙楃殑鏈浣庝環鏍箋
銆銆涔板叆鏈熸潈 Call option
銆銆涔板叆鏈熸潈鏄涓縐嶆湡鏉冨悎綰︼紝鍚堢害鎸佹湁浜烘湁鏉冧簬鏌愬滻瀹氱殑鍒版湡鏃ュ墠鎸夌収綰﹀畾鐨勬墽琛屼環鏍間拱鍏ョ害瀹氭暟閲忕殑鑲＄エ銆
銆銆姣忚偂鍑璧勪駭 Net asset value per share
銆銆琛￠噺浼佷笟鐩堝埄鑳藉姏鐨勯噸瑕佹寚鏍囥傛瘡鑲″噣璧勪駭錛濆叕鍙哥殑鍑璧勪駭錛忓叕鍙告昏偂浠姐備緥濡傦紝XYZ鍏鍙告嫢鏈100錛000緹庡厓鐨勫噣璧勪駭鍜10錛000鑲＄殑鎬昏偂鏈錛屽垯姣忚偂鍑璧勪駭涓10緹庡厓銆
銆銆姣忚偂鏀剁泭 Earnings per share/EPS
銆銆瀵瑰叕鍙告敹鐩婄殑涓縐嶈閲忔柟寮忥紝鍗充互12涓鏈堜負鍛ㄦ湡錛屽垎甯冧簬姣忎竴鐩哥瓑鏅閫氳偂鑲′喚涔嬩笂鐨勬敹鐩娿
銆銆闈㈠ Face Value
銆銆鏍囪頒簬鍊哄埜琛ㄩ潰鐨勫哄埜浠峰礆紝鍙戣屽叕鍙稿瑰哄埜浠峰煎彟鏈夎勫畾鐨勯櫎澶栥傞氬父錛岄潰鍊煎氨鏄鍙戣屽叕鍙告壙璇哄湪鍒版湡鏃ュ伩浠樼殑閲戦濓紝涓庡競鍦轟環鍊兼棤鍏熾
銆銆鐗涘競 Bull market
銆銆褰撹偂浠鋒櫘閬嶄笂娑ㄦ椂錛岃縐頒負鐗涘競
銆銆鏅閫氳偂 Ordinary share
銆銆鎸囪偂浠芥湁闄愬叕鍙稿彂琛岀殑涓縐嶈偂紲錛屽叾鑲′笢浜鏈夊悇縐嶅熀鏈鏉冨埄銆傛櫘閫氳偂鑲′笢鏄鍏鍙哥殑鎵鏈夎咃紝鏄緇忚惀鍒╃泭鐨勬渶鍚庝韓鍙楄咃紝涔熸槸緇忚惀椋庨櫓鐨勬渶鍚庢壙鎷呰咃紝浜鏈夋姇紲ㄦ潈銆佹敹鍙栬偂鍒┿佷紭鍏堣よ偂鍜屽墿浣欒儲浜у垎閰嶇瓑鏉冨埄銆
銆銆鏈熻揣鍚堢害 Futures contract
銆銆鍦ㄦ湭鏉ョ殑瑙勫畾鏃ユ湡錛屼互鍥哄畾浠鋒牸璐涔版垨鍑哄敭鏌愮嶈瘉鍒搞佸晢鍝佹垨閲戣瀺宸ュ叿鐨勬湁娉曞緥綰︽潫鍔涚殑浜ゆ槗鍚堢害銆
銆銆鏈熸潈 Option
銆銆鏈熸潈鏄鎸囪繖鏍蜂竴縐嶅悎綰︼紝鍏舵寔鏈変漢鏈夋潈鍒╋紙鑰岄潪涔夊姟錛夊湪鍚堢害鍒版湡鏃ユ垨鍒版湡鏃ヤ互鍓嶏紝鎸夌壒瀹氱殑浠鋒牸涔板崠鏌愮嶈祫浜с
銆銆娓呯畻浜ゆ敹 Settlement
銆銆璇佸埜浜ゆ槗鍙屾柟瀹炴柦浜ゆ槗鐨勬渶緇堢粨鏋滐紝鍑哄敭鏂硅漿縐誨叾鎷ユ湁鐨勮瘉鍒革紝鍚屾椂璐涔版柟鏀浠樺叾璐涔扮殑璇佸埜鐨勮垂鐢ㄣ
銆銆璁よ喘鏉冭瘉 Warrant
銆銆閫氬父涓庡哄埜鍜屼紭鍏堣偂鍚屾椂鍙戣屻傝喘涔拌呮湁鏉冨湪瑙勫畾鐨勪環鏍煎湪闄愬畾鐨勬椂闂村唴璐涔拌偂紲ㄣ傝勫畾鐨勪環鏍奸氬父楂樹簬璁よ喘鏉冭瘉鍙戣屾椂鑲＄エ鐨勪環鏍箋
銆銆S鑲 S share
銆銆鍦ㄦ柊鍔犲潯浜ゆ槗鎵涓婂競鐨勪腑鍥藉ぇ闄嗗叕鍙搞
銆銆涓婂競鍙戣 Going Public
銆銆涓瀹跺叕鍙擱氳繃鍚戠ぞ浼氬叕浼楀嚭鍞鍏惰偂紲ㄧ歸泦璧勬湰鐨勮屼負銆
銆銆涓婂競鍏鍙 Listed company
銆銆鎸囨墍鍙戣岃偂紲ㄥ凡鍦ㄨ瘉鍒鎬氦鏄撴墍娉ㄥ唽鐧昏頒拱鍗栫殑鍏鍙搞
銆銆涓婅瘉緇煎悎鎸囨暟 Shanghai Composite Index
銆銆涓婅瘉緇煎悎鎸囨暟鏄鏍規嵁涓婃搗璇佸埜甯傚満鎵鏈変笂甯傚叕鍙哥殑鑲′環鍔犳潈璁＄畻鑰屽緱銆傝ユ寚鏁頒互1990騫12鏈19鏃ヤ負鍩烘棩錛屼互璇ユ棩鎵鏈夎偂紲ㄧ殑甯備環鎬誨間負鍩烘湡錛屽熀鏈熸寚鏁板畾涓100鐐癸紝鏄琛￠噺涓婃搗璇佸埜鑲＄エ甯傚満鐨勯噸瑕佹寚鏁般傚叕鍙哥殑鏉冮噸浠ュ叾鎬誨競鍊間負鍩哄噯銆
銆銆紺句細鍏浼楄偂 Public shares
銆銆鎸囨垜鍥藉冨唴涓浜哄拰鏈烘瀯錛屼互鍏跺悎娉曡儲浜у悜鍏鍙稿彲涓婂競嫻侀氳偂鏉冮儴鍒嗘姇璧勬墍褰㈡垚鐨勮偂浠姐
銆銆甯傚満璧勬湰鎬婚 Market capitalization
銆銆鎸囦竴涓鍏鍙歌祫鏈鐨勬誨競鍦轟環鍊兼垨鏁翠釜浜ゆ槗鎵涓婂競鍏鍙哥殑鎬誨競鍦轟環鍊礆紝鍏惰閲忔柟寮忔槸浠ュ叕鍙告櫘閫氳偂鑲℃暟涔樹互姣忚偂甯備環鑰屽緱銆
銆銆甯傜泩鐜 Price-earnings ratio
銆銆甯傜泩鐜囨寚鍦ㄤ竴涓鑰冨療鏈燂紙閫氬父涓12涓鏈堢殑鏃墮棿錛夊唴錛岃偂紲ㄧ殑浠鋒牸鍜屾瘡鑲℃敹鐩婄殑姣斾緥銆傛姇璧勮呴氬父鍒╃敤璇ユ瘮渚嬪間及閲忔煇鑲＄エ鐨勬姇璧勪環鍊礆紝鎴栬呯敤璇ユ寚鏍囧湪涓嶅悓鍏鍙哥殑鑲＄エ涔嬮棿榪涜屾瘮杈冦傚競鐩堢巼閫氬父鐢ㄦ潵浣滀負姣旇緝涓嶅悓浠鋒牸鐨勮偂紲ㄦ槸鍚﹁楂樹及鎴栬呬綆浼扮殑鎸囨爣銆傜劧鑰岋紝鐢ㄥ競鐩堢巼琛￠噺涓瀹跺叕鍙歌偂紲ㄧ殑璐ㄥ湴鏃訛紝騫墮潪鎬繪槸鍑嗙『鐨勩備竴鑸璁や負錛屽傛灉涓瀹跺叕鍙歌偂紲ㄧ殑甯傜泩鐜囪繃楂橈紝閭ｄ箞璇ヨ偂紲ㄧ殑浠鋒牸鍏鋒湁娉℃搏錛屼環鍊艱楂樹及銆傜劧鑰岋紝褰撲竴瀹跺叕鍙稿為暱榪呴熶互鍙婃湭鏉ョ殑涓氱嘩澧為暱闈炲父鐪嬪ソ鏃訛紝鑲＄エ鐩鍓嶇殑楂樺競鐩堢巼鍙鑳芥伆濂藉噯紜鍦頒及閲忎簡璇ュ叕鍙哥殑浠峰箋傞渶瑕佹敞鎰忕殑鏄錛屽埄鐢ㄥ競鐩堢巼姣旇緝涓嶅悓鑲＄エ鐨勬姇璧勪環鍊兼椂錛岃繖浜涜偂紲ㄥ繀欏誨睘浜庡悓涓涓琛屼笟錛屽洜涓烘ゆ椂鍏鍙哥殑姣忚偂鏀剁泭姣旇緝鎺ヨ繎錛岀浉浜掓瘮杈冩墠鏈夋晥銆
銆銆鏀惰喘 Acquisition
銆銆涓瀹跺叕鍙擱氳繃璐涔扮洰鏍囧叕鍙稿氭暟鎴栬呭叏閮ㄨ偂浠界殑鏂瑰紡鏉ユ帶鍒跺彟涓瀹跺叕鍙搞傗滀笉鍙嬪ソ鈥濇垨鈥滄晫鎰忊濇敹璐浼佸浘涓鑸琛ㄧ幇涓轟環鏍艱繙楂樹簬鐩鏍囧叕鍙歌偂紲ㄧ殑甯傚満浠峰肩殑鏀惰喘瑕佺害錛屼互璇變嬌鐜版湁鑲′笢鍑哄敭鎵鎸佹湁鑲′喚銆傜洰鏍囧叕鍙哥殑綆＄悊灞傚彲浠ヨ鋒眰鍙︿竴瀹跺叕鍙告彁鍑虹珵浜夋х殑鏀惰喘瑕佺害錛屼互瀵勫笇鏈涗簬鍙浠ョ敤絝炰環鎴樹簤鏉ュ悡閫鎮舵剰鏀惰喘
銆銆鑰呫
銆銆鎹熺泭琛 Income Statement
銆銆涓涓鍏鍙稿湪涓孌墊椂鏈熷唴鐨勮儲鍔′笟緇╃殑璁板綍,瀹冨弽鏄:浼佷笟鍦ㄤ竴瀹氭椂鏈熷唴鍒涢犵殑鏀跺叆;浼佷笟鍦ㄤ竴瀹氭椂鏈熶笌鏀跺叆鐩稿叧鐨勮垂鐢ㄥ拰鎴愭湰;浼佷笟涓瀹氭椂鏈熺殑鍒╂鼎(鎴栦簭鎹)銆備粠鎹熺泭琛ㄥ彲浠ョ湅鍑轟竴瀹跺叕鍙告湁澶氬皯閽辮兘鐢ㄦ潵榪涜屽啀鎶
銆銆璧勩
銆銆鎹熺泭琛 Profit and loss statement
銆銆鎹熺泭琛ㄩ氳繃灞曠ず涓瀹跺疄浣撶殑鏀跺叆銆佹敮鍑恆佽幏鍒╁拰鎹熷け錛屾潵琛ㄧ幇鍏跺湪涓瀹氭椂鏈熺殑緇忚惀鐘跺喌銆備篃縐頒負鏀跺叆琛ㄣ佹崯鐩婂笎鎴鋒垨鑰呮敹鐩婅〃銆
銆銆T+1鍜孴+3 T+1 and T+3
銆銆鎸囪瘉鍒鎬氦鏄撶殑緇撶畻鏃ャ俆+1鎸囪瘉鍒稿湪浜ゆ槗鍚1澶╃粨綆楋紝T+3鎸囪瘉鍒稿湪浜ゆ槗鍚3澶╃粨綆椼
銆銆濂楁湡淇濆 Hedging
銆銆鎸囦拱鍏ユ垨鍗栧嚭涓縐嶈嶇敓璇佸埜(濡傛湡鏉冩垨鏈熻揣)浠ュ瑰啿閮ㄥ垎鎴栧叏閮ㄦ墍鎸佸叾瀹冭瘉鍒擱庨櫓鐨勮屼負銆
銆銆鎶曡祫緇勫悎 Portfolio
銆銆鐢辨姇璧勪漢鎴栭噾鋙嶆満鏋勬墍鎸佹湁鐨勮偂紲ㄣ佸哄埜銆佽嶇敓閲戣瀺浜у搧絳夌粍鎴愮殑闆嗗悎銆傛姇璧勭粍鍚堢殑鐩鐨勫湪浜庡垎鏁ｉ庨櫓銆
銆銆閫甯 Delisted
銆銆瀵瑰湪璇佸埜浜ゆ槗鎵鎶ヤ環浜ゆ槗鐨勮偂紲ㄦ垨璇佸埜浜堜互鎽樼墝鐨勫勭悊銆
銆銆鐜伴噾緇撶畻 Cash settlement
銆銆鐜伴噾緇撶畻鏄鎸囨暟鏈熻揣鍜屾寚鏁版湡鏉冪粨綆楃殑鏂瑰紡銆傚洜涓烘姇璧勮呬笉鑳界洿鎺ヨ喘涔版垨鍑哄敭鎸囨暟錛屾寚鏁版湡璐у拰鏈熸潈鍚堢害灝遍噰鍙栫粰姣忎釜鎸囨暟鐐硅勫畾涓瀹氱殑璐у竵浠峰肩殑鏂瑰紡榪涜岀幇閲戠粨綆椼
銆銆鐜伴噾嫻 Cash flow
銆銆鐗瑰畾鏃舵湡鍐呮潵鑷鏌愪竴璧勪駭鎴栨煇緇勮祫浜х殑鍏ㄩ儴鐜伴噾鏀跺叆錛堟祦鍏ワ級鎴栫幇閲戞敮鍑猴紙嫻佸嚭錛夈傚噣鐜伴噾嫻佹槸鐜伴噾嫻佸叆鍑忓幓鐜伴噾嫻佸嚭銆
銆銆闄愪環濮旀墭 Limit order
銆銆鎸囧㈡埛瀵逛簬璇佸埜緇忕邯浜虹殑涔板崠濮旀墭涓璁炬湁涔板叆浣庝簬瑙勫畾浠鋒牸鎴栧崠鍑洪珮浜庤勫畾浠鋒牸鐨勬寚浠ゃ傝ヨ勫畾浠鋒牸鍙闄愬畾浠鋒牸銆傞潪闄愪環濮旀墭鐨勬剰鎬濇ｅソ鐩稿弽銆
銆銆琛屾潈浠鋒牸 Exercise price
銆銆鏈熸潈鍚堢害鐨勮幏寰楄呬拱/鍗栧悎綰﹁勫畾鐨勫熀紜璇佸埜涔嬫潈鍒╃殑浠鋒牸錛屼篃縐頒負緇撶畻浠鋒牸銆
銆銆鐔婂競 Bear market
銆銆褰撹偂紲ㄤ環鏍煎揩閫熶笅璺屽苟涓斾笓瀹朵滑閮介勬祴灝嗕細榪涗竴姝ヤ笅璺岀殑鏃朵警錛岃縐頒負鐔婂競銆
銆銆琛屾潈浠鋒牸 Strike price
銆銆瑙佲滆屾潈浠鋒牸鈥濓紙Exercise price錛夈
銆銆琛嶇敓鍝 Derivative
銆銆琛嶇敓鍝佹槸涓縐嶅叾浠峰兼潵婧愪簬鍩虹閲戣瀺宸ュ叿鐨勯噾鋙嶄駭鍝併傚熀紜閲戣瀺宸ュ叿鍖呮嫭鑲＄エ銆佽偂紲ㄤ環鏍兼寚鏁般佸滻瀹氬埄鐜囧哄埜銆佸晢鍝併佽揣甯佺瓑銆傛潈璇佸拰浜ゆ槗鎵浜ゆ槗鐨勬湡鏉冩槸鍏稿瀷鐨勮嶇敓鍝併
銆銆鏄撳彉鎬/娉㈠姩鎬 Volatility
銆銆瀵瑰熀紜璇佸埜浠鋒牸娉㈠姩紼嬪害鐨勬祴閲忥紝鍒╃敤姣忔棩浠鋒牸鍙樺寲鐨勬爣鍑嗗嚲宸鏉ヨ＄畻銆
銆銆婧浠/鏉冨埄閲 Premium
銆銆瀵逛簬鍊哄埜鍜屼紭鍏堣偂鏉ヨ達紝鎸囩殑鏄鏀浠樿瘉鍒哥殑浠鋒牸瓚呰繃闈㈠肩殑閮ㄥ垎銆傛潈鍒╅噾錛圥remium錛夊逛簬鏈熸潈鏉ヨ達紝鎸囩殑鏄鏈熸潈鍚堢害鐨勪環鏍礆紝鍗寵喘涔拌呰喘鍏ユ湡鏉冩椂錛屾墍闇鏀浠樼粰鏈熸潈鍑哄敭鑰呯殑閲戦濄
銆銆鍗拌姳紼 Stamp ty
銆銆榪涜岃瘉鍒鎬氦鏄撴椂鍚戞斂搴滀氦綰崇殑紼庛
銆銆浣ｉ噾 Commission
銆銆緇忕邯鍟嗕唬鐞嗗㈡埛涔板崠璇佸埜涓氬姟鏀跺彇鐨勫熀鏈璐圭敤銆
銆銆浼樺厛鑲 Preferred Stock
銆銆姝ょ嶈偂紲ㄧ殑鑲′笢杈冩櫘閫氳偂鑲′笢浜鏈変紭鍏堢殑鏉冨埄錛岃屼笖涓鑸鏀浠樺滻瀹氱殑鑲″埄銆備富瑕佺壒寰佸湪浜庯細鑲″埄鍒嗛厤浼樺厛鏉冦佸墿浣欒儲浜у垎閰嶄紭鍏堟潈銆佹棤琛ㄥ喅鏉冦傛敮浠樺滻瀹氳偂鍒╃殑浼樺厛鑲″湪寰堝氭柟闈㈠叿鏈夊哄埜鐨勭壒寰併
銆銆鍊哄埜 Bond
銆銆鍙杞璁╃殑鍊哄姟璇佸埜錛岄氬父鏄鐢辨斂搴滄垨鑰呭噯鏀垮簻鏈烘瀯涓虹硅祫鑰屽彂琛屻傚哄埜鐨勬寔鏈変漢灝嗚祫閲戝熻捶鍑哄幓涓涓鐗瑰畾鏃舵湡浠ヨ幏寰楀滻瀹氱殑鍒╃巼銆傚哄埜鐨勬湰鎮鍦ㄤ簨鍏堢害瀹氱殑鍒版湡鏃ュ緱鍒板伩榪樸傚哄埜鍙浠ュ湪鑲＄エ甯傚満涓婁氦鏄撹漿璁┿
銆銆鍊哄姟/鑲℃湰閲戞瘮鐜 Debt/equity ratio
銆銆璇ユ寚鏍囧弽鏄犲熻捶璧勯噾涓庤偂涓滆偂鏈閲戜箣闂寸殑鍏崇郴錛岃存槑鍏鍙哥殑璧勯噾鍦ㄥ氬ぇ紼嬪害涓婃槸閫氳繃鍊哄姟鋙嶉氳В鍐崇殑錛堣ユ寚鏍囧洜姝や篃琚縐頒負浼犲姩姣旂巼鎴栨潬鏉嗘瘮鐜囷級銆傚哄姟/鑲℃湰閲戞瘮鐜=錛堝叏閮ㄥ哄姟/鑲′笢鑲℃湰閲戱級x100
銆銆娑ㄨ穼騫呴檺鍒 Limit up, Limit Down
銆銆褰撴棩甯傚満浜ゆ槗鏈澶х殑浠鋒牸娉㈠姩闄愬埗銆
銆銆鎷涜偂璇存槑涔 Prospectus
銆銆鍏鍙革紙鎴栬呭熀閲戱級鍏寮鍙戣岃偂紲錛堟垨鑰呭叕寮絳規帾璧勯噾錛夋椂鎵鍙戝竷鐨勬枃浠躲傛枃浠舵彁渚涘叕鍙革紙鎴栬呭熀閲戱級鑳屾櫙浠ュ強璐㈠姟鍜岀＄悊鐘跺喌絳変俊鎮.
銆銆璇佸埜 Securities
銆銆瀵硅偂紲ㄣ佷紒涓氬哄埜銆佸崟鎹銆佺エ鎹銆佹斂搴滃哄埜絳夌殑鎬葷О銆
銆銆璇佸埜鍖栫巼 Securitization銆Ratio
銆銆涓鍥芥垨鍦板尯鑲＄エ甯傚満涓庤ュ浗鎴栧湴鍖哄浗鍐呯敓浜ф誨肩殑姣旂巼錛屾槸琛￠噺涓鍥芥垨鍦板尯鑲＄エ甯傚満鍙戝睍瑙勬ā鐨勬寚鏍囥
銆銆鎸囨暟 Index
銆銆鐢ㄤ互琛￠噺鑲＄エ甯傚満浜ゆ槗鏁翠綋娉㈠姩騫呭害鍜屾櫙姘旂姸鍐電殑緇煎悎鎸囨爣,鏄鎶曡祫浜轟綔鍑烘姇璧勫喅絳栫殑閲嶈佷緷鎹銆
銆銆鎸囨暟鍩洪噾 Index fund
銆銆鏄璺熻釜鏌愪竴鐗規畩鎸囨暟錛堝傛爣鍑500鎸囨暟錛夌殑琚鍔ㄧ＄悊鍨嬪叡鍚屽熀閲戙傛寚鏁板熀閲戞姇璧勭粍鍚堟寜鍏舵墍璺熻釜鐨勬寚鏁版瀯鎴愯嚜鍔ㄨ皟鏁達紝浜ゆ槗涓嶉戠箒錛屾墍浠ヨ垂鐢ㄤ綆浜庣Н鏋佺＄悊鍨嬪熀閲戙
銆銆鎸囨暟鏈熻揣 Index futures
銆銆鎸囦互鎸囨暟浣滀負鍩虹璧勪駭鐨勬湡璐у悎綰︼紝濡傝偂鎸囨湡璐с
銆銆鎸囨暟鏈熸潈 Index options
銆銆鎸囦互鑲＄エ浠鋒牸鎸囨暟涓哄熀紜璧勪駭鐨勬湡鏉冿紝鍒版湡鏃訛紝鐢ㄧ幇閲戠粨綆楄偂紲ㄦ寚鏁板樊浠楓
銆銆鎸囨暟濂楀埄 Index arbitrage
銆銆鎸囦粠鎸囨暟鏈熻揣鍚堢害涓庡熀紜鎸囨暟鐨勪環鏍煎け琛′腑浜ゆ槗鑰岃幏鍒╃殑浜ゆ槗絳栫暐銆備氦鏄撳晢涔板崠鏋勬垚鎸囨暟鐨勮偂紲錛屽悓鏃跺湪鏈熻揣甯傚満榪涜屽弽鍚戠殑鎿嶄綔銆