ST and ST are both specific categories in the Chinese market, and they represent special situations and identities. Here's an introduction to ST and ST:
1. Definitions and Identification:
ST** refers to listed companies that have lost money for two consecutive years, and their ** names start with "ST". *st** refers to a listed company that has lost money for three consecutive years, and in addition to starting with "*st" in the name, an asterisk will be added after the company name.
1.Definition: ST**: refers to a listed company that has lost money for two consecutive years.
st**: refers to the listed company that has lost money for three consecutive years, and in addition to starting with "*st" in the **name, an asterisk will be added after the company name.
2.Identification: st**: The name starts with "st".
st**: The name starts with "*st" and is followed by an asterisk after the company name.
2. Risk Warning:
For ST** and ST**, the exchange restricts it. Generally speaking, investors need to bear higher transaction fees when buying ST**, and there are trading restrictions, such as not being able to margin trading. For ST**, the exchange usually changes its listing status to special treatment, and investors cannot trade through the trading system, but can only trade through ** entrustment and other methods.
1.ST** Risk Warning:
ST is a higher risk type of company that means the company is facing financial distress or other serious problems.
Investors need to be aware of the risks when buying ST** and may be subject to trading restrictions.
2.ST** Risk Warning:
STs are riskier than STs because they are in a more serious financial position.
The exchange will change its listing status to special treatment, and investors cannot trade through the trading system, and can only trade through ** entrustment and other methods.
3. Trading Restrictions:
Generally speaking, investors need to bear higher transaction fees when buying ST**, and there are trading restrictions, such as not being able to margin trading. For ST**, the exchange usually changes its listing status to special treatment, and investors cannot trade through the trading system, but can only trade through ** entrustment and other methods.
1.ST ** Trading Limits:
Investors need to bear higher transaction fees when purchasing ST**, and there are trading restrictions, such as not being able to margin trading.
2.ST ** Trading Limits:
The exchange usually changes its listing status to special treatment, and investors cannot trade through the trading system, and can only trade through ** entrustment and other methods.
Fourth, the rectification period:
For ST** and ST**, listed companies need to carry out rectification within the specified time. Generally speaking, for ST**, listed companies need to return to profitability within one year, otherwise they will face the risk of delisting. For ST**, listed companies need to be profitable within three years, otherwise they will also face the risk of delisting.
1.ST** Rectification Period:
Listed companies need to return to profitability within a year or face the risk of delisting.
2.ST** Rectification Period:
Listed companies need to be profitable within three years, otherwise they will also face the risk of delisting.
Summary:
Both ST and ST are special types in China, and there are some differences in their trading and investing. ST** represents a listed company that has lost money for two consecutive years, while ST** represents a listed company that has lost money for three consecutive years, with an extra asterisk on the logo. These** carry a high level of risk and are subject to trading restrictions on exchanges. Listed companies need to make rectifications within the specified time to avoid the risk of delisting. Investors should exercise caution when purchasing these ** and fully understand the associated risks and limitations.