news

Three stocks have made new progress in delisting! This year's delisting wave has affected more than 50 stocks, and "face value delisting" has become the mainstream

2024-07-28

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Cailianshe reported on July 28 that the delisting process of *ST Huatie and *ST Shentian has made new progress. On Friday evening, the two companies announced that they had received advance notices of delisting, and the Shenzhen Stock Exchange intends to decide to terminate the listing of the two companies' stocks. It is worth mentioning that *ST Shentian will become the first "market value delisting" stock in the A-share market because its closing market value has been less than 300 million yuan for 20 consecutive trading days. This also means that in the process of market clearing, the delisting methods of A-shares will be more diversified.

In addition, on Friday night, *ST Zuojiang, the "most expensive ST stock" in the A-share market, announced that it had officially completed its A-share journey. July 26 was the last trading day of the company's delisting period, and the company's stock will be delisted on July 29. As a bull stock that once had a share price of nearly 300 yuan, the stock has now fallen to just over 1 yuan, and its market value is only 110 million yuan.

The delisting efforts of A-shares have significantly increased since the beginning of this year. According to incomplete statistics from Cailianshe, as of July 25, more than 50 stocks have been delisted this year and are still in the process of delisting. Among them, "face value delisting" has become the mainstream delisting method, and 37 stocks have been delisted due to face value reasons (the stock price has been below 1 yuan for 20 consecutive trading days). In addition, there are relatively many stocks that have been delisted due to financial fraud and continuous losses, which have received high attention from the market.