Can A shares be shorted? Can domestic stocks be shorted

In principle, A-shares are not allowed to be shorted, but investors can conduct indirect short-selling operations through margin trading and stock index**.

Not all investors can open margin trading permissions and stock index permissions, which have certain requirements for the amount of investors' funds.

After opening margin trading permissions, investors feel that the stock price of a certain ** will fall sharply in the future, and investors can borrow from **company and then sell it to earn the price difference to achieve the effect of shorting. The current SSE 50 constituent stocks in the A-share market can be shorted by securities borrowing and lending.

For example, Xiao Ming expects that a certain ** will **60% within a month, and at present** is 10 yuan, Xiao Ming can first borrow 1,000 shares from ** company, and then sell ** for 10 yuan, sell ** to get 10,000 yuan, and wait until ** falls to 6 yuan, Xiao Ming will ** 1,000 shares, spend 6,000 yuan, return the 1,000 shares to ** company, and earn a price difference of 4,000 yuan.

Investors can also open the stock index ** permission, buy and sell transactions, to achieve the effect of shorting, the current 300 constituent stocks in the CSI 300 index in the A share can be shorted in the stock index.

In the A** field, the implementation of one-way trading, that is to say, there can only be long operations, not short, but there are some ways to indirectly carry out short operations, here are a few brief introductions:

1.Margin trading.

Margin trading is actually the act of using funds or ** as collateral to borrow funds to buy ** (margin trading) or borrow ** and then sell (securities lending and borrowing transactions). However, the threshold is high, for example, one of the conditions for opening a margin account is that the daily average ** assets in the first 20 trading days cannot be less than 500,000 yuan, which alone can dissuade many people.

2.Stock index**.

Stock index** refers to a standardized ** contract with the stock price index as the object of the rights and obligations of both parties. However, the transaction complexity is very high, and the risk is much higher than that of **. The investment threshold is also relatively high, for example, the CSI 300 index costs 300 yuan for a point, and it often fluctuates tens of thousands of yuan per hand, which is not something that ordinary people can afford.

3.**Option.

**Option means that the buyer acquires the right to sell a certain amount of the relevant amount at the agreed price on or after the expiration date specified in the contract after the payment of the option premium. Like margin trading, the threshold is higher, and one of the conditions for opening an account is that the average daily ** assets in the first 20 trading days cannot be less than 500,000 yuan.

Therefore, on the whole, A-shares can be indirectly shorted**, but the threshold is really very high, and it is possible to carry out short-selling operations only if they can bear high risks and have sufficient funds.

Again, you can't go short. In addition, shorting requires you to know a company very well and investigate it clearly, and most people do not have this research ability.

A-shares can be shorted, and they can be shorted directly after margin trading is opened. The threshold for opening is 500,000 funds and half a year of trading experience.

There are three major tools for shorting A-shares in China: stock index**, margin trading, and 50ETF options. Of the three short-selling instruments, only margin trading is for **, and the other two are for **indexes.

First of all, margin financing and securities lending have been carried out in China for a long time, but the current short-selling and securities lending function is very weak. Generally, it is extremely difficult to borrow and lend securities, and the brokerage either does not have the subject matter of securities lending, or simply closes the securities lending channel completely. In short, it is basically unrealistic to rely on securities lending to short-sell**.

The essence of shorting to make money is that you borrow someone else's high-level **, sell it, buy it back at a low price, and return the same share to others. You make the difference. This is called emptiness.

In essence, it is the same effect as holding this ** yourself, selling it, buying it back at a low price, and reducing your own costs.

A shares can be shorted.

The shorting of A-shares is the borrowing and lending of securities in margin trading. You need to meet certain conditions before you can activate this service. And if you can margin and lend securities, you can.

Some of the A-shares have margin trading, and this part** can be shorted through securities borrowing.

Lao Jimin answers the difference between selling high and buying low and shorting.

At present, there is only the function of margin financing and securities lending, and after the opening, you can use the function of securities borrowing and lending, that is, borrowing securities and selling first.

Investors who want to go short need to use margin to go short. That is, to borrow ** to sell, and the stock price ** to buy **, so as to earn the difference in the middle. You can learn about margin financing and securities lending through Huatai**'s one-stop wealth management platform - "Fortune Pass".

1. **At present, it is strictly not possible;

2. But securities lending is ** shorting. The stock index ** belongs to the financial **, not directly shorted**. However, the requirements for securities lending are high and are not suitable for ordinary investors;

3. You can open a trading transaction on the stock index** to achieve shorting on the stock index**;

4. If there is no huge amount of capital, it is basically unrealistic for ** to short. The futures index can be shorted in the form of hedging, but it is risky and not suitable to participate in it. The securities lending business mainly depends on whether the brokerage has securities that can be financed, and it is difficult for the securities lending business to make money from it, and the participation value is not high.

Just because you can really participate doesn't mean you can participate.

Extended information: 1. To put it simply, shorting means buying down. In the market, shorting can only be done by way of securities lending, i.e.:

When the stock price is at a high level, borrow from the company to sell, and wait until the stock price is high, and then the investor buys from the low price and returns the price to the company, so that they can earn the price difference in the middle. After the investor borrows**, he will carry out the operation of borrowing and selling securities, and when the market outlook** comes, he can use cash bonds to repay coupons and buy coupons to repay coupons. Coupon repayment:

Investors must first transfer the collateral to the brokerage account, and the company will lend it only after the collateral is available. During the securities borrowing and lending period, investors have to pay trading commissions and interest on securities borrowing and lending. In addition, after securities lending, the margin ratio shall not be lower than the warning line of 140%, and the liquidation line shall not be lower than 130%, otherwise it is easy to be forced to liquidate.

2. Stock index ** trading advantages:

Highlights: T+0 trading rules, you can close and open positions at any time to lock in profits. There is no limit to the price of the upside down. Better improve the utilization rate of funds.

Trading, buy and sell at any time, and there is no limit to the number of times you can open and close a position.

2.Two-way trading, no matter what, ups and downs can be profitable.

3.Low investment, large returns, margin trading, and large leverage.

4.There is no price limit.

5.The market is completely fair to all investors.

6.The transaction cost is low, it can be said that there is no threshold, as long as you can afford to buy a lot of contracts, you can participate.

In general, compared with the first and other trading varieties, the stock index has the advantages of large volatility and many opportunities, no space limit for ups and downs, two-way profits, T+0 flexible trading, and low cost.

You can short A shares through securities lending. Short-selling securities borrowing is to borrow from the **company to sell the securities that can be borrowed and borrowed, and then return it to the ** company at a low price, so as to obtain the difference income. However, the underlying securities lending is limited.

Extended Information: 1. Meaning of B shares:

The official name of the B share is RMB Special**. It is marked with the face value of RMB, subscribed and traded in foreign currency, and listed and traded on the domestic (Shanghai, Shenzhen)** exchanges. Its investors are limited to:

Foreign natural persons, legal persons and other organizations, natural persons, legal persons and other organizations in Hong Kong, Macao and Taiwan, Chinese citizens residing abroad, and other investors as stipulated by the China Securities Regulatory Commission. At this stage, investors in B-shares are mainly institutional investors in the above categories. The place of registration and listing of a B-share company is in China, but the investor is overseas or in Hong Kong, Macao and Taiwan.

2. The difference between A shares and B shares:

The difference between the two is that the valuation and issuance objects of shares, B shares and H shares are different, and domestic investors obviously do not have the conditions to speculate on B shares and H shares. In addition, it is worth mentioning that B shares listed on the Shanghai Stock Exchange are denominated in US dollars, while **B shares are denominated in Hong Kong dollars, so the stock prices of the two markets are quite different.

According to the requirements of the China Securities Regulatory Commission, the abbreviation must be unified.

1. Norms. It is believed that with the further development of China's **, the titles of A shares, B shares, and H shares will become history.

3. Meaning of H shares:

H-shares, also known as overseas listed foreign shares, are shares issued and listed overseas by domestic listed companies. Since the issuance of Tsingtao Brewery's H shares in Hong Kong in 1993, more than 200 companies in China have been listed overseas. These enterprises are basically in the leading position in various industries, which to a certain extent reflects the overall development level and growth potential of China's economy.

By the end of 2005, 120 companies had issued H-shares, including China Construction Bank, Sinopec, Ping An Insurance, China COSCO, Dongfeng Motor, China Telecom, Tsingtao Brewery, PetroChina, etc., with a total market value of HK$1,486.9 billion.

Here's how to short A**:

Since investors inevitably have differences in views, there are bullish people and there are bearish people, so options can be divided into call options (call) and put options (put) in form.

Let's take an analogy to illustrate these two options. Suppose an egg is now **5 yuan, divided into two situations:

1. If investor A thinks that the value of eggs is at most 4 yuan after a month, and investor B who holds eggs thinks that the eggs will be more than 5 yuan, for example, Fang Yuan, B still wants to continue to make profits from eggs.

2. These two people started to fight again: A said, I will sell you eggs for 4 yuan in a month, and you must buy them. B said, "Okay."

A also paid a security deposit of $ to B. For A, it is a put option. Put means bearish.

Further Information: A-share listing conditions: eligibility requirements.

1. The issuer shall be a legally established and legally existing share****. With the approval of ***, when the limited liability company is changed to shares in accordance with the law, it can be publicly issued by way of raising and setting.

2. The issuer shall continue to operate for more than 3 years after the establishment of the shares, except for those approved by the company. If a limited liability company is converted into shares according to the original book net asset value, the continuous operation time can be calculated from the date of establishment of the limited liability company.

3. The registered capital of the issuer has been paid in full, the procedures for the transfer of property rights of the assets used by the promoters or shareholders for capital contribution have been completed, and there is no major ownership dispute over the main assets of the issuer.

4. The production and operation of the issuer complies with the provisions of laws, administrative regulations and the articles of association of the company, and conforms to the national industrial policy.

5. There has been no major change in the issuer's main business, directors and senior management within 3 years, and there has been no change in the actual controller.

6. The equity of the issuer is clear, and there is no major ownership dispute over the shares of the issuer held by the controlling shareholder and the shareholders controlled by the controlling shareholder and the actual controller.