The new rules of delisting have not changed. The legend of the immortal bird 71 ST shares were "uncapped" during the year.
Up to now, there are 111 ST shares traded normally in the two cities, including 91 A shares and 11 B shares. Another 18 stocks are suspended from listing. 26 new ST companies were added throughout the year. Although this year's new and stricter delisting rules, namely the draft for comments on risk warning stocks issued by SSE on July 27, have not changed the legend of Wuji becoming a phoenix. Statistics show that as many as 71 ST companies took off their hats in 2112, most of which were reborn through major asset restructuring, and a small part was attributed to the profitability of their main businesses and the improvement of their operating conditions.
over 61% of ST stocks outperformed the broader market
As of the close of the 31th, 55 of the 71 "New Phoenix" companies had positive annual gains, accounting for 78.6%, and only 15 companies had negative gains. Among the companies with positive growth rate, 8 stocks doubled, namely: Huashu Media, Changjiu Biochemical, Qinling Cement, Luodun Development, 17 Shares, Hairun Photovoltaic, Tianjin Magnetic Card and Sanxiang Shares, among which Huashu Media's biggest increase was nearly 21 times, and its closing increase was as high as 374%. In addition, Langfang Development and Nanfeng Chemical rose by nearly 111%. In another year, Zhongyuan Concord and Changjiang Media declined by more than 21%.
at present, most of the 111 ST companies that are trading normally have outperformed the general trend. As of the 27th, there were 66 companies with positive annual increase, ST Rey B was just flat when it was suspended, *ST Kejian was suspended for the whole year, and the other 33 companies had negative increase. Among the 66 ST stocks with positive annual increase, 12 of them rose by more than 51%, ST Aviation Investment rose by 181.18%, ST Taifu rose by 176.25%, and ST Baolong rose by 141.14%, ranking among the top three. This may be related to the market performance this year, because ST shares always have a seesaw effect that deviates from the broader market.
The fate of ST shares is different under the new delisting rules
According to the profit data of ST shares in the first three quarters, many ST shares have obviously improved due to reorganization or improvement of their main business, such as ST Aviation Investment, ST Kelon, ST Jiadian, *ST Ganneng, *ST Zhangdian, ST Hongfa, *ST Guoshang, etc. However, due to many historical problems, the losses of most ST shares are not optimistic, such as those with large losses. At present, among the 18 companies suspended from listing, *ST Yanhuang and *ST Chuangzhi have been delisted, and 11 companies have collectively "revived", namely: *ST Jincheng, *ST Biochemical, *ST Direction, *ST Far East, *ST Datong, S*ST Tianfa, *ST Chaohua and so on. Other companies to be determined are: *ST Copper City restructuring plan has been approved by the CSRC, and the possibility of resurrection is greater; S*ST Juyou reorganization plan will be held soon, and the resurrection is in sight; S*ST Hengli is also trying to resume listing through share reform.
The Shanghai Stock Exchange made a decision on the 31th, and according to the audit opinion of the listing committee meeting, *ST Beisheng and *ST Hongsheng, which agreed to suspend listing, resumed listing conditionally. This is the first time that the Shanghai Stock Exchange has been approved to resume listing after the delisting of the New Deal.
On 31th, Shanghai Stock Exchange and Shenzhen Stock Exchange respectively announced the schedule of scheduled disclosure of 2112 annual reports of listed companies.