Course Objective
This course is designed for stock investment beginners with zero prior knowledge. Through a step-by-step, engaging, and easy-to-follow teaching approach, it systematically explains the key information and practical application methods involved in stock investment. The goal is to enable students to correctly analyze crucial stock information, establish proper risk management concepts, and build a solid knowledge foundation in the field of stock investment.
Course Content
Basic Concepts of Stocks
- Operation of the stock market
- Classification of stocks
- Stock trading and settlement procedures
- Understanding the Main Board and GEM (Growth Enterprise Market)
- Understanding shareholders' rights and interests
- Identifying potential risks in stock investment
- Channels for obtaining stock information
- Introduction to major stock indices
- Application knowledge of the Hang Seng Index
- Practical usage guide for common stock websites
- Detailed analysis of information within stock quotation systems
- Stock dividend essentials (ex-dividend and ex-rights calculations)
- Introduction to financial terminology related to stocks
- Discussion on common corporate actions and financial techniques (rights issue, private placement, bonus shares, privatization, acquisition and merger, spin-off, backdoor listing, introduction listing, capital reorganization, share consolidation and share split, etc.)
- Essentials for subscribing to new IPO shares
- Deconstructing the listing process
- Pricing mechanism for offer prices
- Interpreting prospectuses
Understanding Comprehensive Factors Affecting Stock Prices
- Impact of macroeconomics on stocks
- Impact of interest rate changes on stocks
- Impact of exchange rate changes on stocks
- Introduction to basic economic indicators
- Impact of various policy trends on stocks
- Introduction to common methods for observing macro capital flows
- Understanding the impact of ratings and research reports issued by securities firms on stocks
Zero-Basics Introduction to Stock Analysis Methods
Technical Analysis Introduction:
- Principles, characteristics, advantages, and disadvantages of technical analysis
- What are trend lines, support lines, and resistance lines
- Analysis of common stock price chart patterns in traditional technical analysis (Reversal Patterns and Continuation Patterns)
- Basic practical application of candlestick charts (K-line charts)
Fundamental Analysis Introduction:
- Principles of fundamental analysis
- Ways to obtain financial information of listed companies
- How to quickly grasp key financial numbers of a company
- Introduction to basic financial analysis ratios
- Basic application of Price-to-Earnings Ratio (P/E) and Price-to-Book Ratio (P/B)
Stock Portfolio Design and Risk Management
- Understanding active vs. passive investment management
- Discussion on speculation vs. investment
- Discussion on stop-loss and take-profit levels
- Design of stock portfolios and risk management
- Considerations for diversified investment
- Understanding common emotional mistakes made by general investors and self-protection (introduction to behavioral finance)
Course Details
- Course Period: 197th Intake
- Duration: 39 hours (12 sessions)
- Schedule: April 1 to April 29, 2020. Classes every Monday, Wednesday, and Friday evening from 19:00 to 22:15.
- Tuition Fee: MOP 4,800
