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（績優(yōu)股）（績優(yōu)

2、股） Speculatous Stocks（垃圾股）（垃圾股） Based On Company PerformanceBased On Shareholders RightPreferred Stock（優(yōu)先股）（優(yōu)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 （國家股）（國家股） Corporate

3、 Stock（法人股）（法人股） Individual Stock（個人股）（個人股）In China國際國際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（低價格市盈率）Low pr

6、ice-to-book ratios（低價格與帳面價值比率）Low price-to-dividend ratios（低價格股利比率）In other words, they are under priced when compare to other like companies in the marketValue stocks（價值股）（價值股） Based on Ownership Rightsgrowth stock(成長型股票成長型股票) 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 （可持續(xù)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.全額交割制度為臺灣股票市場所特有，透過縮短交割期限及事先備齊款券的方式，來保障投資大眾權(quán)益。被列全額交割的股票，是指財務(wù)發(fā)生困難、重整，或停工的股票發(fā)行公司，用意在限制股票過度流通，投資該股票的風險程度極高。其交易方式也與普通股不同，全額交割股被規(guī)定禁止進行信用交易，買賣時如取消，重新委托時需再辦理手續(xù)。Common stock Based On trade mode上柜股票：指已公開發(fā)行但未上市僅於柜臺賣買中心買賣的股票，公司設(shè)立需達三個會計年度。OTC Stocklisted stock上市股票：指已經(jīng)公開發(fā)行并于集中市場以開掛牌買賣的股票。公司申請上市須實現(xiàn)連續(xù)三個會計年度的盈利，申請條件較上柜股票嚴格。Based On trade modeEmerging stock興柜股票：指已經(jīng)申報上市(柜)輔導(dǎo)契約公開發(fā)行公司的普通股股票，在還沒有上市(柜)掛牌之前，經(jīng)過柜臺中心依據(jù)相關(guān)規(guī)定核準，先在證券商營業(yè)處所議價買賣者而言。興柜股票未來不一定會上市(柜)成