What does it mean to lift the ban and restructure, what does it mean to raise and lift the ban on th

Unbanning: That is, lifting the ban.

In **, the lifting of the ban on restricted shares means that the shares that could not be listed and circulated can now be listed and traded.

Those who hold more non-tradable shares in the restricted shares are called big non-tradable shares, and big non-profits occupy more than 5% of the share capital, and vice versa is called small non-profits. If the ban is lifted, then the person who holds it can be used to cash out (that is, to sell it on **), and the impact on ** is very limited if the general small non wants to cash out, because the small non only accounts for a small proportion; If it is a large non-cash-out, the impact is more obvious, because the large non-accounting for a certain proportion of the share capital, in the secondary market suddenly more than a lot of tradable shares, there is an oversupply, will make a certain fall, however, as the holder of the big non will not necessarily cash out, it is likely to be only a part, the rest of the strategic investment (long-term).

In general, the lifting of the ban on non-tradable shares will not have much impact on **, unless there is a serious problem with the stock that leads to panic selling of large and small non-tradable shares, so that the stock will plummet.

Reorganization: Restructuring refers to the implementation of plans formulated and controlled by an enterprise that will significantly change the organizational form, business scope or business mode of the enterprise. The matters that fall under the restructuring mainly include:

1) ** or terminate part of the business of the enterprise.

2) Carry out major adjustments to the organizational structure of the enterprise.

3) Closing part of the business premises of the enterprise, or relocating business activities from one country or region to another country.

This includes share splits, consolidations, capital reductions (partial repayments), and name changes.

The way in which the reorganization is carried out.

Listed companies realize asset restructuring through the acquisition of assets, asset replacement, ** assets, leased or managed assets, donated assets, and the restructuring of corporate liabilities.

What kind of company is suitable for asset restructuring.

When the scale of the enterprise is too large, resulting in low efficiency and poor efficiency, in this case, the enterprise should divest out part of the loss-making or cost-benefit mismatch; When the scale of the enterprise is too small and the business is relatively simple, resulting in greater risk, it should enter new business areas in a timely manner through mergers and acquisitions to carry out diversified operations to reduce the overall risk.

When listed companies, at the beginning can not be fully circulated, especially state-owned enterprises, for the sake of controlling rights, only a few ** circulation, such as **100 million shares, but generally only 25 million circulation, the other 75 million can not be circulated, and then the share reform, because the world is fully circulated, only China has non-circulating shares, but I am afraid that 7500 will be circulated all of a sudden, the market can not bear it, so it will be gradually circulated in three years, we call this the lifting of the ban.

In addition, according to the law, if an enterprise loses money for three consecutive years, it will be delisted, but in order to protect the interests of the majority of investors in China, there are very few actual delistings, but it can't always be lost, so it will introduce other companies that want to be listed, carry out asset restructuring, and repackage the listing. If the restructuring is successful, the stock price will rise dramatically.

Hello: 1. After the general reorganization, some ** are limited by time lock, and they can be listed and circulated only when they expire 2. The listing and circulation of restructured shares (non-public offerings) and restricted shares is definitely not good, and the stock price is relatively bearish.

3. The listing of restricted shares increases the circulating share in the market, which is not conducive to the main force of the banker 4. Due to the low level of restricted shares, there is almost no problem with making profits5. However, if the ** itself ** is at a relatively low level, then the restricted shares ** may become the main force to attract opportunities, if so, the stock price may rise.

Wish: Good!

For veteran stockholders who have experienced a lot of battles, they clearly know the term "**lifting". However, for those investors who have just entered the market, they don't understand it very well. Let's take a look at the "** lifting of the ban", I believe that investors who don't know will understand it after reading it patiently!

3) Can I buy and sell immediately on the day of lifting?

After the ban is lifted, the lifting part of the ban cannot be circulated in the market on the same day, and it will take a period of inspection time, and the specific time will vary because of different times.

2. Changes in stock prices before and after the lifting of the ban.

1. Shareholder profit-taking: Under normal circumstances, the lifting of the restriction represents more tradable shares entering the market, if the restricted shareholders can get huge profits, followed by a greater incentive to obtain profits, the sell-off in the secondary market will also increase, which is negative for the company's stock price.

2. Flee in advance: At this time, because it is uncertain whether shareholders will sell, it is very likely that small and medium-sized investors will flee before the lifting of the ban, so that the stock price will be in advance**, 3. The proportion of unrestricted shares is large: In addition, the market value of the lifting of the ban and the proportion of the unrestricted share capital in the total share capital are directly proportional, so the negative impact of the stock price will become larger. Is it possible to buy it?

The lifting of the ban is a disguised increase in the supply of trading places in the secondary market, which requires specific analysis of specific problems. For example, there are a lot of small shareholders who have lifted the ban on shares, and after the ban is lifted, they may be thrown out, causing the stock price to fall; On the contrary, assuming that the majority of institutions or state-owned shareholders hold the unrestricted shares, they will not throw them out casually in order not to reduce their shareholding ratio, which has certain benefits for stabilizing the stock price. In general, whether the lifting of the ban on the stock price is good or negative, we have to judge carefully, because all aspects of the change will also change its trend, we must combine many technical indicators for in-depth analysis.

If you really can't judge, you can directly enter this diagnostic platform, enter the name or get the evaluation report: [Free] Test your current valuation position?

When listing, some of them are held by the original shareholders or employees, because these must be held for a certain period of time and cannot be traded during this time, so when the deadline is up, it can be traded, and it is called lifting the ban.

The first type: reorganization after suspension and then re-listing If possible, get a huge profit, there are a lot of ** after the suspension of 3 years a listing is 11 yuan, you can get a huge profit. You need to wait slowly!

The second type: the company is liquidated, after the company has repaid the bonds, salaries, taxes, etc., if there is a surplus, the assets are distributed to the shareholders, and you can get your share.

For example, if there are a total of 10,000 shares, you have 1 share, and the company has 100000 yuan, you can get 10,000.

**Ups and downs are not determined by the lifting of the ban, and **lifting the ban does not mean that the major shareholders will be immediately**, **ups and downs are determined by supply and demand, the amount of funds, performance, policies, news and other factors. The lifting of the ban means that a large number of non-tradable shares can be tradable, and an announcement needs to be made in advance, non-tradable shares account for more than 5% of the total share capital, and it is generally required to be more than two years later, and non-tradable shares account for less than 5% of the total share capital, and it is generally required to be able to do so after one year.

**Lifting the ban is defined as the restricted shares that can be freely traded in the secondary market after the restricted commitment period. Generally speaking, from the day of the lifting of the ban, the ** of the lifting of the ban can be traded freely. If the restricted shares held by the enterprise have been transferred to the transferee by an agreement before the lifting of the ban, but the equity registration has not been changed and is still held by the enterprise, the income obtained by the enterprise from the restricted shares shall be the actual first.

According to the regulations of the China Securities Regulatory Commission, the original non-tradable shares of the company after the share reform shall comply with the following provisions: (1) from the date of implementation of the reform plan, shall not be listed for trading or transfer within 12 months; (2) Shareholders of the original non-tradable shares holding more than 5% of the total number of shares of the listed company shall, after the expiration of the period specified in the preceding paragraph, be listed and traded on the **exchange** of the original non-tradable shares, and the proportion of the number of shares of the company shall not exceed 5% within 12 months and 10% within 24 months. Non-tradable shares after obtaining the right to circulate are called restricted shares because they are limited by the above circulation period and circulation ratio.

Generally speaking, the lifting of the ban will increase the supply and the stock price will decline if the demand remains unchanged, but the specific needs to be combined with the fundamentals, the price and the situation at that time when the ban is lifted.

For example, some of the ** has been over-falling or to the sideways breakthrough area, then once the ban is lifted, the shareholders are very likely to pull up the shipment, on the contrary, only the poor performance of the ** lifting the ban or the high level is more likely, of course, it is necessary to properly combine the current ** trend, and the specific problems are analyzed.

Generally speaking, for large state-owned enterprises, the impact of lifting the ban on large non-enterprises is small, because state-owned capital will rarely be **. For the gem and small and medium-sized boards, which create the myth of getting rich, you need to be cautious, which will generally cause a sharp fall.

This answer is provided by Compo Finance, which focuses on the interpretation of financial hot events, the popularization of financial knowledge, adheres to professionalism, pursues fun, makes financial content that people can understand, and conveys financial value in a vivid and diverse way. I hope you find this answer helpful.

Investment Quick Report: Du Xiaoman Financial "Regular Profit".

1、"The ban on additional issuance institutions will be lifted"It is the institution that subscribed to the restricted sale of listed companies for financing or expanding share capital and placed to them** after the restricted period can be listed and circulated back to Yinfeng, that is to say, this part of the ** that could not be sold in the secondary market within a certain period of time can be missed after the restricted period.

2.After the reform of equity division, the "lifting of the ban on share reform" is to set a deadline for it to be traded in the secondary market, which cannot be bought and sold within this period, and can be freely traded after this period.

3. "The first institutional struggle to lift the ban" is the first issuance of listed companies, and the ** subscribed by institutions will also have a period of restriction period, after which they can be freely traded in the secondary market.

**If you want to buy it, you can't buy it until the ban is lifted.

All restricted shares are released and traded freely in the ** market.

Financing, also known as finance, is the financing of monetary funds, and the act of raising or lending funds to the financial market through various means. The lifting of the ban means that after the restriction time, the major shareholders can sell, but they do not have to sell.

For well-informed old stockholders, they are familiar with the term "lifting the ban". However, for those investors who have only recently entered the market, it is still very unfamiliar. Therefore, the senior sister will give you the popular science "** lifting", I believe that investors who are not very clear will understand after reading it patiently!

3) Can I buy and sell immediately on the day of lifting?

The lifting of the ban on the day of the lifting of the ban can not be circulated in the market, and it also takes time to conduct an investigation, and the specific time varies because of different **.

2. Changes in stock prices before and after the lifting of the ban.

1. Shareholder profit-taking: Generally speaking, the lifting of the restriction means that more tradable shares enter the market, if the restricted shareholders can get huge profits, then the profit momentum will become greater, and the slow secondary market sell-off will also become more, which is negative for the company's stock price.

2. Flee in advance: At the same time, out of concern about the sale of shareholders, most of the small and medium-sized investors will flee before the lifting of the ban, resulting in the stock price in advance, 3. The proportion of shares released from the ban is large: In addition, the proportion of the unlocked share capital in the total share capital will increase with the increase in the market value of the lift, and the negative impact of the stock price will be greater. Is it possible to buy it?

The lifting of the ban is actually to increase the supply of trading places in the secondary market, which should be analyzed differently according to different situations. For example, most of the unrestricted shares are small shareholders, and after the lifting of the ban, they may be sold, causing the stock price to fall; On the contrary, assuming that the majority of institutions or state-owned shareholders hold the unrestricted shares, in order to maintain a higher shareholding ratio, they cannot throw them out at will, which has a certain effect on stabilizing the stock price. In short, whether the lifting of the ban on the stock price is good or bad, we can't judge at will, because if all aspects change, then its trend will also change, and we must conduct in-depth analysis of many technical indicators.

If you really can't judge, this diagnostic platform can be directly entered, type **** to get the latest situation: [free] test your **current valuation position?

In a narrow sense, financing is the act and process of raising funds for an enterprise. That is, according to the company's own production and operation conditions, the status of capital ownership, and the needs of the company's future business development, through scientific decision-making, through a certain way, from a certain channel to the company's investors and creditors to raise funds, to ensure the company's normal production needs, business management activities need to financial behavior.

The motivation of the company to raise funds should follow certain principles, through certain channels and in certain ways. We usually say that there are three main purposes for which a company raises capital: the expansion of the business, the repayment of debts, and the hybrid motivation (the motivation to expand and repay debts mixed together).

Broadly speaking, financing is also called finance, which is the financing of monetary funds, and the act of raising or lending funds to the financial market through various means.

Financing can be divided into direct financing and indirect financing.

Direct financing is not through the medium of financial institutions, by **, enterprises and institutions, and individuals directly as the lender of last resort to the financing activities, the financing funds are directly used for production, investment and consumption.

Indirect financing is a financing activity carried out by the lender of last resort to the lender of last resort through the medium of financial institutions, such as enterprises financing banks and trust companies.

**Lifting the ban: I think what you are talking about should be the lifting of the ban on non-tradable shares, holding more non-tradable shares is called Dafei, and Dafei holds more than 5% of the share capital, otherwise it is called Xiaofei.

If the ban is lifted, then the person who holds it can be used to cash out (that is, to sell it on **), and the impact on ** is very limited if the general small non wants to cash out, because the small non only accounts for a small proportion; If it is a large non-cash-out, the impact is more obvious, because the large non-accounting for a certain proportion of the share capital, in the secondary market suddenly more than a lot of tradable shares, there is an oversupply, will make a certain fall, however, as the holder of the big non will not necessarily cash out, it is likely to be only a part, the rest of the strategic investment (long-term).

In general, the lifting of the ban on non-tradable shares will not have much impact on **, unless there is a serious problem with the stock that leads to panic selling of large and small non-tradable shares, which makes the stock plummet.