I collect gold fingers in the heavens

Chapter 160 One Thought of Heaven, One Thought of Hell (Please subscribe and recommend)

Soon, a U.S. stock came into Wu Siyuan's eyes.

【Blue Bird Creature】.

[Bluebird Bio] is a company that develops gene therapies for serious genetic diseases and cancers, with the goal of enabling patients with potentially fatal diseases with limited treatment options to live full lives.

Currently, they are using three gene therapy techniques, namely gene addition, cell therapy and gene editing, through research on cerebral adrenoleukodystrophy, sickle cell disease, transfusion-dependent thalassemia and multiple myeloma, and will Their focus and expertise applies to a range of diseases.

This is a company with a story to tell, or a prospect to hype—for a stock market gambler.

The opening price was $17.85.

In the 2-minute future that Wu Siyuan saw, this US stock called [Bluebird Biology] jumped 7.2% within one minute after the opening of the market, directly reaching the stock price of 19.13 yuan, but then it fell. It fell directly like diving from a high platform. In half a minute, from a rise of 7.2% to a fall of 10%, it directly triggered the circuit breaker mechanism of the US stock market and temporarily suspended trading.

The United States does not limit the price limit, but there is a circuit breaker mechanism.

There are two types of fuse mechanisms.

One is the market circuit breaker mechanism.

以标普500指数标准，市场下跌，是指标普500指数在常规交易时段（美东时间9：30-16：00），指数点位相对于前一日收盘点位的下跌。（注：如果该交易日为半天交易，则收盘时间为13：00）

There are three levels of market circuit breaker standards.

The primary market circuit breaker means that the market has fallen by 7%.

The secondary market circuit breaker means that the market has fallen by 13%.

The tertiary market circuit breaker means that the market has fallen by 20%.

If the primary or secondary market circuit breaker is triggered, and the time is:
（1）美东时间9：30-15：25（含）之间，全市场所有股票暂停交易15分钟。

（2）美东时间15：25之后，不暂停交易。（注：如果该交易日为半天交易，则时间分界点为12：25）

During any trading period throughout the day, if the third-level market circuit breaker is triggered, the entire market will stop trading until the next trading day opens.

The other is the [Bluebird Biological] mechanism of suspending trading of individual stocks.

a) S&P 500 index constituent stocks, Russell 1000 index constituent stocks, and ETP (Exchange Traded Products) stocks in the pilot list, if the stock price rises or falls by 5% within 10 minutes;
b) For other stocks whose stock price is above US$1 (closed yesterday), if the price rises or falls by 5% within 30 minutes;
c) For other stocks whose stock price is below $1 (closed yesterday), if the price rises or falls by 5% within 50 minutes.

The above conditions are sorted according to priority, (if you meet a, you don’t need to care about b, c, etc., if you meet b, you don’t need to care about c)
If a stock triggers a rise or fall, and the time is:
（1）美东时间9：45-15：35（含）之间，个股暂停交易5分钟。

(2) After 15:35 EST, trading will not be suspended.

…………………………………………………………………………………………………………………………………… ...

[Blue Bird Bio] In the next two minutes, because the price limit reached 10%, it led to a 5-minute suspension.

This stock soared by more than 7 points from the opening, to a straight dive, and even triggered a trading suspension mechanism. Between the rise and fall, a lot of funds chasing the rise were smothered in it.

It can be described as [one thought of heaven, one thought of hell]!
This kind of heartbeat game is much more exciting than A-shares. People with bad heart disease may die if they play a little harder.

Because the situation after 5 minutes is a future that Wu Siyuan cannot see with his ability, so after Wu Siyuan turned his eyes away from the future, without saying a word, he directly placed an $18 buy order to enter the market.

U.S. stock trading is somewhat different from A-share trading. It is not traded according to a lot of 100 shares, it is traded directly according to the number of shares.

In other words, you can buy [-] shares, or you can buy one share.

It charges different handling fees. Some charge according to the number of transactions, and each transaction fee is 14.99~19.99 US dollars, and some charge according to the number of shares traded. For example, IB and Tiger Securities, the transaction commission of Tiger Securities is 0.01 US dollars Cents/share, with a minimum of $2.99/order, which is currently the lowest among U.S. stock brokerages.

Because Wu Siyuan has a golden finger that can "predict the future", he chose to charge according to the number of transactions. The brokerage he chose charged $14.99 per transaction.

In addition, when investing in U.S. stocks, there is another point to pay attention to, which is capital gains tax.

Take the handling fee of US$10 per transaction as an example: If you invest US$200 in buying stocks, earn US$10 after selling them, deduct the US$25 handling fee for buying and selling stocks, and then levy [-]% tax. Stock handling fee.

If you do not make a profit on the stock you buy, there is no tax, but you must pay a $10 processing fee.

However, in order to encourage foreigners to invest in U.S. stocks, foreigners' capital gains from buying and selling U.S. stocks are tax-free, but dividends given by U.S. companies are subject to a 10% tax deduction.

Then again, the United States is a country with very complicated tax laws, and not all foreigners are exempt from capital gains tax.

The personal income tax law of the United States divides the income of persons who are neither U.S. citizens nor permanent residents of the United States into two categories: income effectively connected with trade or business activities in the United States; income not effectively connected with trade or business activities in the United States. Linked income.

For personal income from capital gains or capital gains, the U.S. tax law stipulates that if the person stays in the U.S. for no less than 183 days during the U.S. tax year, he or she will be taxed at a flat rate of 30%.

If the person spends less than 183 days in the U.S. during the U.S. tax year, they are not subject to income tax on capital gains, unless the personal capital gains are effectively connected income.

To illustrate: You are a person with Chinese nationality, living in China, staying in the United States for less than 183 days during the tax year in the United States, and the only activity related to the United States is trading Google's stock and gold futures through a broker , then your trading profits do not need to pay taxes to the United States, this is a situation.

Or, you are a person of Chinese nationality, residing in China, staying in the United States for 183 days or more during the tax year in the United States, and the only activity related to the United States is trading Google's stock and gold futures through a broker , then your trading profits need to be taxed to the United States according to the tax treaty between the United States and China, which is another situation.

Or, you are a person with Chinese nationality who is studying in the United States or working in an American company but has not yet obtained a green card in the United States. At the same time, you trade Google stock and gold futures through a broker, then your transaction will be profitable It is another situation to pay taxes to the United States according to the standards of American citizens or permanent residents after a certain tax reduction, or to pay taxes to the United States in accordance with the tax treaty between the United States and China.

Not only the tax law, but many laws in the United States are very complicated. Not to mention foreigners, even the natives may not be able to figure it out. This is why the American lawyer industry is very prosperous.

Of course, Wu Siyuan lives in his own country and will not go to the United States for the time being. At present, it is even more impossible for his company to survive, so he is exempt from paying capital gains tax.

(End of this chapter)