股票的定义与种类(双语)

1、LOGOThe definition of stockTypes of stockThe definition of stocksTypes of stockinscribed stock bearer stock par value stock Based On Par formBased On Listed exchange and stock trading main bodyChinese A Shares Chinese B Shares Hong Kong H Shares Red chipIn ChinaTypes of stockBlue Chip Stocks（绩优股）（绩优

2、股） Speculatous Stocks（垃圾股）（垃圾股） Based On Company PerformanceBased On Shareholders RightPreferred Stock（优先股）（优先股） Common Stock (普通股）普通股）In ChinaTypes of stockTradable Shares（流通股）（流通股） Non- tradable Shares（非流通股）（非流通股） Based on flowing conditionBased On Stockholding BodyState Stock （国家股）（国家股） Corporate

3、 Stock（法人股）（法人股） Individual Stock（个人股）（个人股）In China国际国际Based On SizeDifferent Types of StocksBased On Company SpecificsBased on Ownership RightsBased on Ownership RightsCommon stock There are two different types of stock that investors can own. They have different ownership rights and different priv

4、ileges.Preferred StockBased On Company SpecificsBlue-Chip StocksEach company has a unique plan for growth and dividend distributions which is reflected in these stock classifications.Income stocks(收益型股票收益型股票) Income stocks generate most of their returns in dividends, and the dividendsunlike the divi

5、dends of preferred stock or the interest payments of bondswill, in many cases, grow continuously year after year as the companies earnings grow. Based on Ownership RightsValue stocks are the stocks of companies that usually have one or more of the following:Low price-to-earnings ratios（低价格市盈率）Low pr

6、ice-to-book ratios（低价格与帐面价值比率）Low price-to-dividend ratios（低价格股利比率）In other words, they are under priced when compare to other like companies in the marketValue stocks（价值股）（价值股） Based on Ownership Rightsgrowth stock(成长型股票成长型股票) There are two different types of stock that investors can own. They have

7、 different ownership rights and different privileges.In finance, a growth stock is a stock of a company that generates substantial （大量的）and sustainable （可持续的）positive cash flow and whose revenues and earnings are expected to increase at a faster rate than the average company within the same industry

8、. Based On SizeSometimes stocks are categorized by their market capitalization（市值）.Market Capitalization = Stock Price Number of Stocks Outstandinga large-cap company ：more than $5 billion; a mid-cap company : $1 - $5 billion;a small-cap company at less $ 1 billion;Based On Stock statusfull-cash del

9、ivery stockThere are two types of stock .A rating given to the stock of a company traded on the Taiwan Stock Exchange.全额交割制度为台湾股票市场所特有，透过缩短交割期限及事先备齐款券的方式，来保障投资大众权益。被列全额交割的股票，是指财务发生困难、重整，或停工的股票发行公司，用意在限制股票过度流通，投资该股票的风险程度极高。其交易方式也与普通股不同，全额交割股被规定禁止进行信用交易，买卖时如取消，重新委托时需再办理手续。Common stock Based On trade mode上柜股票：指已公开发行但未上市仅於柜台卖买中心买卖的股票，公司设立需达三个会计年度。OTC Stocklisted stock上市股票：指已经公开发行并于集中市场以开挂牌买卖的股票。公司申请上市须实现连续三个会计年度的盈利，申请条件较上柜股票严格。Based On trade modeEmerging stock兴柜股票：指已经申报上市(柜)辅导契约公开发行公司的普通股股票，在还没有上市(柜)挂牌之前，经过柜台中心依据相关规定核准，先在证券商营业处所议价买卖者而言。兴柜股票未来不一定会上市(柜)成