What is ST share and what stock does ST share refer to

ST, which is a special treatment for companies that have incurred losses for two consecutive fiscal years. ST stands for loss-making stocks.

**Meaning in English:

Dividends: XR, short for Exclud Right. It means that the stock has been ex-rights, and after purchasing such a **, it will no longer enjoy the right to dividends; (This symbol will automatically disappear on the second trading day and return to its normal name).

DR, short for Dividend Right. Indicates that the ex-rights and dividends, the purchase of such ** no longer enjoys the right to give shares and dividends; (This symbol will automatically disappear on the second trading day and return to its normal name).

XD, an abbreviation for EX (without) dividend. Meaning**ex-dividend, after purchasing such a **, you will no longer enjoy the right to pay dividends. (This symbol will automatically disappear on the second trading day and return to its normal name).

Other: ST, which is a special treatment for companies that have incurred losses for two consecutive fiscal years. ST stands for loss-making stocks.

ST, is three consecutive years of losses, there is a risk of delisting, to buy such a ** to have a better fundamental analysis ability.

n, the name of the first day of listing of new shares will be preceded by a letter n, that is, the meaning of English new; In addition, there is also the letter N on the first day of resumption after share reform, reorganization, and additional issuance. (This symbol will automatically disappear on the second trading day and return to its normal name).

S*ST refers to the company's operating losses for three consecutive years, delisting warning and the share reform has not been completed.

SST refers to the special disposition of the company's operation for two consecutive years of losses and the failure to complete the share reform.

s, has not yet carried out or completed the share reform **.

NST, ST shares that have been re-listed after restructuring or share reform.

Know that the members of the classification management team will answer for you. Complete!

It is a bad stock that the company does not make a profit and falls below the issue price.

On April 22, 1998, the Shanghai and Shenzhen Stock Exchanges announced that they would carry out special treatment for the transactions of listed companies with abnormal financial or other conditions, and prefix them with "ST" before the abbreviation, so such ** are called ST shares.

The so-called "abnormal financial position" refers to the following situations: (1) The audit results of the last two fiscal years show that the net profit is negative. (2) The audit results of the most recent fiscal year show that its shareholders' equity is less than the registered capital.

That is to say, if a listed company loses money for two consecutive years or the net assets per share are lower than the par value, it will be given special treatment. (3) The certified public accountant issues an audit report on the property report of the most recent fiscal year with no opinion or negative opinion. (4) The audited shareholders' equity of the most recent fiscal year is lower than the registered capital after deducting the part not confirmed by the certified public accountant and the relevant departments.

5) The most recent audited financial report made an adjustment to the profit of the previous year, resulting in a loss for two consecutive fiscal years. (6) It is determined by the exchange or the China Securities Regulatory Commission to be in an abnormal financial situation.

The following explanation must be read on, and the third point needs to be paid considerable attention to in the operation process to avoid unnecessary losses.

Before we start to analyze **ST, let's share with you the **list of today's institutions, before it is deleted, come and get it: Quick Claim! Today's list of institutions is newly released!

1) What does **st mean? Under what circumstances does it occur?

ST refers to the special treatment, which refers to the policy of the Shanghai and Shenzhen stock exchanges to warn those listed companies with abnormal financial or other conditions, and add "ST" as a warning in front of the name of **, commonly known as wearing a hat, to remind investors to invest cautiously in this type of **.

If the company's loss reaches three years, it will be changed to "*st", indicating that there is a risk of delisting, and you must be more careful when encountering such a company.

Such a listed company must not only add the "ST" mark in front of the first name, but also need to go through a one-year inspection period, and the daily rise and fall of the stock price of the listed company in the inspection period cannot exceed 5%.

In 2019, a well-known case was Kangmei Pharmaceutical's 30 billion financial fraud, ST Kangmei was the former A-share big white horse after the case, and after that, it fell for 15 consecutive days and evaporated a market value of more than 37.4 billion in 43 days.

2) ** How do I take off my hat?

If the annual financial position of the listed company during the inspection period returns to normal, then the audit results show that the financial abnormality has been eliminated, and if the company's net profit is still positive after deducting recurring gains and losses, and the company can still operate normally, then you can apply to the exchange for revocation of special treatment.

The ST mark before the name of the ** that was revoked after passing the approval is commonly known as "taking off the hat".

Under normal circumstances, there will be a wave of **** after taking off the hat, we can focus on this kind of **, by the way to make a little money, what are the ways to get these hat information in the first time? The following investment calendar can definitely help you, which ** will be reminded every day of dividends, shares, delisting and other information, hurry up and click the link to get it: exclusive investment calendar of Shanghai and Shenzhen stock exchanges, grasp the latest first-hand information.

3) What should I do for ST's **?

If the **unfortunate in your hand becomes ST**, you need to focus on the 5th**, and then set the *** below the 5th**, once the stock price falls below the 5th**, in order to stop the loss in time, you must quickly clear the position, so that the later period will not be ** when the limit continues.

Another point is that investors must not open a position with ST marking, because on each trading day, this type of ** rise and fall is limited to 5%, which is difficult to operate and difficult to grasp the investment rhythm.

If you are still confused about the operation, you can use this diagnostic stock artifact and enter the **** into it, and you can know how this ** ticket is: [Free] Test your ** current valuation position?

If the name of the ** plus ST is to give shareholders a warning, the ** there is an investment risk, a warning effect, but this ** risk of big returns is also big, if you add * ST then it is the ** delisting risk, hope to be vigilant meaning, specifically in April or so, the company to the Securities Regulatory Commission to submit financial statements, 3 consecutive years of losses, there is a risk of delisting, generally in May has not been delisted ** can participate in it, the income and risk is proportional to ST shares.

On April 22, 1998, the Shanghai and Shenzhen Stock Exchanges announced that, in accordance with the ** Listing Rules implemented in 1998, special treatment would be given to the ** transactions of listed companies with abnormal financial or other conditions. The abnormality of the above-mentioned financial situation or other conditions mainly refers to two situations, one is that the audited net profit of the listed company for two consecutive fiscal years is negative, and the other is that the audited net assets per share of the listed company in the most recent fiscal year are lower than the par value. During the period when the ** transactions of listed companies are subject to special treatment, the following rules shall be followed by the ** transactions:

1) The daily rise and fall limit is 5; (2) **Name is changed to add "ST" before the original **name, such as "ST Liao Materials"; (3) The interim report of the listed company must be auditedDue to the daily rise and fall limit of ST** to 5, it also inhibits the deliberate speculation of the bookmaker to a certain extent. Investors should also treat the special treatment differently Specific problems are analyzed, some ST shares are mainly operating losses, so it is difficult to turn losses into profits by strengthening management in the short term.

Some ST shares are due to losses due to special reasons, or some ST shares are undergoing asset restructuring, and these ** often have great potential.

Xiaobaixue**11What is ST**.

Successful investors are often able to endure loneliness and wait for the opportunity to come. **There are often recurring bands**, so don't rush. Investors will inevitably have the psychology of getting rich overnight, and they can't wait for their own ** daily price limit, so they chase up and down all day long, but unconsciously half of the losses have been over.

At this time, it suddenly dawned on me that the shares that should continue to be held were sold, and the shares that should be thrown were still in my hands. The restlessness is all gone, and the depression in the heart is smoky.

High risk is often accompanied by high returns, many novices hear that ST** makes money, and they are eager to try, but I still recommend that you do not easily try to invest in ST** without a thorough understanding! Today, I will popularize ST** with you, I hope it will help you! Before carrying out popular science, I would like to share with you a few **artifacts:

**The nine artifacts are free to receive (with a sharing code).

1. What is ST and *ST**?

ST is special treatment, which means special treatment - the ** transaction of a listed company with abnormal financial or other conditions is disposed of separately, and it is named ST before the abbreviation. **Being named ST does not mean that listed companies will be punished, but a risk warning made to guide consumers' rational investment. During this period, the daily rise and fall is limited to 5%, and when the company's condition returns to normal, then it can be traded normally.

In addition to ST, you will often see *ST. *ST is a delisting warning for a company that has lost money for three consecutive years, and it will generally be delisted in the next month (it will also vary depending on the stock).

2. Why are some people keen to fry ST**?

The investment value of ST** is mainly concentrated in these two aspects:

1. Removing the hat: Taking off the hat means that the company's condition is restored, and the stock price may recover. So when a listed company is ST, some investors think that the company's performance will eventually improve, so they will buy ** and wait for the stock price**.

2. Low stock price: After a long-term decline, the ST price is low, there is room for speculation, and investors who have some ** operations are good at seizing the opportunity to earn the difference. Novices have just entered the industry, and there are not enough channels to obtain information about the final rectification status of ST ** or whether the performance has improved, so investing in ST shares is a matter of greater risk

**Barometer] first-hand information broadcast of financial markets.

On April 22, 1998, the Shanghai and Shenzhen Stock Exchanges announced that they would carry out special treatment for the transactions of listed companies with abnormal financial or other conditions, and prefix them with "ST" before the abbreviation, so such ** are called ST shares.

ST stands for specialtreatment, which means "special treatment". The Shanghai and Shenzhen stock exchanges generally carry out special treatment for the transactions of listed companies with abnormal financial status or other conditions**, that is, they will be marked with "ST" in front of the abbreviation, and this kind of ** is called ST shares. It should be noted that there is a limit to the rise and fall of ST**, and the daily rise and fall cannot exceed 5%.

If a listed company incurs losses for two consecutive years or its net assets per share are lower than the par value, special treatment is required. When you are choosing stocks, you also need to pay attention to ST stocks if you encounter them, ST stocks generally have investment risks.

There are countless people who fail to invest in ST every year, but there are very few people who clearly understand the specific operation of ST, so let's take a look at it together.

You must insist on watching, and you need to pay attention to the third point, if you are negligent in operation, it will lead to serious mistakes.

Before analyzing the details of **ST, I will share with you the **list of today's institutions, and before it is deleted, click the link to quickly receive it: Quick Collar! Today's list of institutions is newly released!

3) What should I do for ST's **?

In the case of bad luck in your own hand and become ST, you need to focus on the 5th, and then set the *** below the 5th, in the case of the stock price falling below the 5th, it is the best choice to clear the position out of the market, to prevent it from being jailed because of the continuous fall limit.

Another point is that investors must not open a position with ST marking, because the maximum rise and fall of this type of ** in each trading day is only 5%, which is more complicated to operate than others, and it is difficult to control its investment rhythm.

If you really don't know how to operate, you must learn to use this **artifact, fill in the ****, and you can immediately receive the relevant information of **: [Free] Test your **current valuation position?