On the eve of May Day, the A-share market also launched a “clean-up”!
On April 29, 19 listed companies announced that trading would be suspended from May 5, 2022 due to “the company’s shares may be delisted”. In other words, some companies will be st after resumption.
From today’s disk, the three stocks of St Xinyan, St Kaiyuan and ST Tengxin suffered a large limit of 20%. Among them, St Kaiyuan was stationed by public and private institutions, which was undoubtedly covered without selling in advance.
In addition, the Bull Stock Citic Guoan Information Industry Co.Ltd(000839) will also be st in the early stage, so the share price fell sharply the day before the festival. From the list of dragons and tigers before the suspension, the leader of hot money leader Zhang acted as the “sector man” and bought 36.83 million yuan. Tomorrow Citic Guoan Information Industry Co.Ltd(000839) will resume trading. Will Zhang Meng be buried alive?
On the eve of May Day, the trading of problematic stocks was suspended in batches, waiting for “stars and hats”
The May Day holiday is a relaxing day for most investors, but it is difficult for others to relax. They did not expect that the A-share market also had a “clean-up” before the festival.
On April 29, 19 listed companies announced that since “the listing of the company’s shares may be terminated”, the trading has been suspended continuously since May 5, 2022, including Sunsea Aiot Technology Co.Ltd(002313) , Suning.Com Co.Ltd(002024) , Zoneco Group Co.Ltd(002069) , Citic Guoan Information Industry Co.Ltd(000839) , Zjbc Information Technology Co.Ltd(000889) and other shares. As for the reasons why companies were “dressed in stars and hats”, some touched financial indicators, while others were issued internal control audit reports that could not express opinions or negative opinions.
For example, Shenzhen Capstone Industrial Co.Ltd(000038) , Sunsea Aiot Technology Co.Ltd(002313) , was rejected because it touched on the internal control audit report or assurance report issued by the company in the last year that could not express an opinion or negative opinion.
In addition, Julong Co.Ltd(300202) announced on April 28 that for the company’s 2021 annual financial report, the audit institution finally issued an audit report with no opinion, and the trading of the company’s shares will be suspended from April 29, 2022 Zoneco Group Co.Ltd(002069) also announced that the net profit of the company before and after deducting non recurring profit and loss in the last three fiscal years, whichever is lower, is negative, and the accountant has issued an unqualified audit report with significant uncertainty of continuous operation. Therefore, the relevant provisions are touched, and the company’s shares will be subject to other risk warnings from the opening of the market on May 6.
It is worth noting that some companies have also announced that they have received the notice of the exchange, waiting for the final decision of the exchange. For example, Shandong Jintai Group Co.Ltd(600385) disclosed in the 2021 annual report on April 28 that the company suffered another loss in 2021. Because the audited net profit of the company in 2021 was still negative, the operating income was less than 100 million yuan, and the company’s 2021 financial report was issued with a qualified opinion audit report, the exchange will suspend the trading of the company’s shares from April 29, and make a decision on whether to terminate the listing of the company’s shares within 15 trading days after the starting date of the suspension of the company’s shares.
In this regard, Ma Cheng, chairman of juze investment, told the reporter of daily economic news in an interview on wechat that increasing delisting is of great significance to ensure the long-term, stable and healthy development of China’s capital market in the future, which is mainly reflected in three aspects: first, from the perspective of resource allocation, it can make the market resource allocation more inclined to some excellent industrial companies, Improve the efficiency and level of overall resource allocation in the market; Second, it can guide investors to reduce speculation and make steady long-term value investment; Third, strengthen delisting, which can more effectively protect the rights and interests of investors.
Ma Cheng also told reporters that in the past, China’s capital market has always preferred speculation, such as St hat removal, restructuring, backdoor and other topics, which has contributed to the wind of speculation in the market to a certain extent. After the regulators increase delisting efforts, some junk stocks that have suffered losses for many years are destined to be delisted, and investors will gradually turn to high-performance investment for fear of losses, which plays an important role in reversing the wind of speculation in the market. A considerable number of ordinary investors lack professional investment knowledge, so in this case, increasing the delisting of junk stocks can more directly protect the rights and interests of investors.
Liu Youhua, deputy director of wealth Research Department of private placement paipaipai.com, told reporters in a wechat interview that increasing delisting will promote the survival of the fittest, which is a good thing for the capital market. On the one hand, it will help promote the capital market to play the role of optimizing resource allocation and eliminate some enterprises with poor fundamentals through delisting, which can guide funds to flow into high-quality enterprises; On the other hand, it can also play a good role in protecting small and medium-sized investors. In fact, most individual investors have deficiencies in professional ability, experience, information and many other aspects. Increasing delisting efforts can enable investors to avoid more minefields and help to implement the protection of the interests of small and medium-sized investors.
Bull stocks are suspended waiting for ST, and hot money bosses such as alliance leader Zhang may be “buried alive”?
It is worth noting that on April 29, the recent Bull Stock Citic Guoan Information Industry Co.Ltd(000839) also issued the suggestive announcement that the company’s shares were subject to other risk warnings and the company’s shares were suspended. Due to performance problems, the company’s shares were suspended for one day on May 5 and will be capped by St on May 6.
Citic Guoan Information Industry Co.Ltd(000839) performed strongly recently, recording five daily limits in the early stage, and fell sharply after rising on April 29. The reporter noted that if such continuously rising hot stocks have a rapid adjustment or limit in the session, they can copy the bottom and reverse the package from the way of hot money, but they did not expect to release major bad news after the sharp fall.
According to the data of the dragon and tiger list on April 29, the one seat sold on that day was Guoyuan Securities Company Limited(000728) Shanghai Hongqiao Road business department, which sold 722781 million, which was the seat of Xu Xiao, a hot money tycoon. Another four seats sold are Guotai Junan Securities Co.Ltd(601211) Shanghai Branch, selling 34.11 million. From the buying seats on that day, Shenzhen Stock connect bought 46.47 million seats; The second seat is the business department of Guotai Junan Securities Co.Ltd(601211) Shanghai Jiangsu road where Zhang Meng is located, with a purchase of 36.83 million. From this point of view, the 36.83 million yuan of Zhang Mengzhu is likely to be “buried alive”.
It is worth noting that as of the closing on May 5, a total of 67 stocks in the st sector fell, of which 12 fell by more than 5%. The three stocks of St Xinyan, St Kaiyuan and ST Tengxin suffered a large limit of 20%, ST Blue Shield fell 19.5% and ST Giai fell 15.22%. St Xinyan has been warned of other risks since the opening of the market on April 29, and has eaten two large limits in a row. In addition, ST Tengxin was warned of delisting risk; St Kaiyuan has also been implemented “other risk warning”.
From the performance of St Kaiyuan’s share price, the stock fell by 35.78% in April, while the first trading day in May was a 20% limit on the board. From the perspective of institutions holding st Kaiyuan, the information disclosed in the company’s first quarterly report this year shows that in the list of the company’s top ten tradable shares, Qianhai Kaiyuan Yifang dingzeng No. 41 asset management plan also held 4.148 million shares of the company at the end of the period, and Shanghai Daoxing fund investment partnership (limited partnership) newly held 3.4473 million shares in the first quarter of this year. If the two institutions do not sell later, there is a great possibility of quilt cover.
At the same time, according to the data disclosed in the first quarterly report of ST Tengxin this year, among the top ten tradable shares of the company, texel Cosmos (Beijing) Investment Consulting Co., Ltd. held 366235 million shares at the end of the period, and Beijing huijincube Investment Management Center (limited partnership) held 18 million shares at the end of the period.
In addition, for Zoneco Group Co.Ltd(002069) , which will be subject to other risk warnings, the trading of the company’s share price was suspended on May 5 and resumed on May 6. According to its first quarterly report, Haijin (Dalian) Investment Management Co., Ltd. – Haijin No. 6 newly held 9.2921 million shares in the first quarter of this year.
