Shares are certificates issued by joint-stock companies to shareholders as investment shares and dividend income. Like ordinary commodities, they have prices, can be bought and sold and can be used as collateral. Joint-stock companies raise funds by issuing stocks, and investors can get a certain dividend income by buying stocks.

2. The basic characteristics of stocks

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Power and Responsibility: As the proof of property right or equity, stock is the securities expression of shares, representing some rights and responsibilities of shareholders to the company that issues shares. Shareholders participate in the operation and management of the company by attending the shareholders' meeting and exercising their voting rights; Shareholders can receive dividends from the company and participate in dividends with their shares, and have the right to claim compensation for the company's assets under certain conditions; Shareholders are responsible to the company to the extent of their shares. Shareholders' rights and interests are in direct proportion to their shares in the company's share capital.