On December 28, *ST Oceanwide announced that the company may be terminated by the Shenzhen Stock Exchange. Trading of the company** will be suspended from the market open on December 28, 2023. According to the announcement, as of December 27, 2023, the price of *ST Oceanwide *** has been below 1 yuan for 20 consecutive trading days. This also means that the delisting army will be further expanded.
According to wind statistics, as of December 28, 46 companies have been delisted during the year, exceeding 42 in 2022 and hitting a new high. Previously, 17 companies were delisted in 2021.
Among the 46 ** stocks delisted this year, except for the warp and weft textile machinery and AVIC Electromechanical were voluntarily delisted, the remaining 44 were forced to delist. According to further statistics from wind, from the specific causes of the termination of listing, *ST Yikang, *ST Zhongtian, *ST Jinzhou, ST Tahoe, *ST Jiakai, *ST Tianrun, *ST Zixin, *ST Soute, *ST Honggao, *ST Xiyuan, *ST Kaile, *ST Ronghua, ST Yuetai and other companies were delisted due to "stock prices below par value", which is a significant increase compared with 2022. At present, *ST Bolong, *ST Huayi and *ST Oceanwide have triggered the delisting conditions at face value, which means that the number of companies delisted at face value will continue to increase.
On December 31, 2023, the new delisting rules will celebrate its third anniversary. It is worth noting that the A-share delisting reform has ushered in three major changes: first, *ST Zeda and *ST Amethystum have become the first batch of delisted companies on the Science and Technology Innovation Board due to a number of illegal acts such as fraudulent issuance and financial fraud;Second, the "par value withdrawal" is gaining momentum, and the diversified characteristics of A-share delisting will become more and more obvious in 2023Third, for the first time, there was a "wave of delisting" of real estate enterprises, and the market-oriented delisting mechanism was further improved. According to wind statistics, in 2023, 8 A-shares have been delisted, including *ST Zhongtian, ST Tahoe, *ST Jiakai, ST Yuetai, ST Meizhi, ST Sunshine City, *ST Songdu, and *ST Blu-ray, which is the industry with the largest number of delistings.
The quality of listed companies is the pillar and cornerstone that supports the development of the capital market, and the micro foundation that promotes the virtuous cycle of finance and the real economy. Promoting the improvement of the quality of listed companies has therefore become the top priority of comprehensively deepening the reform of the capital market. As an important part of optimizing the overall structure of listed companies and promoting the quality improvement of listed companies, consolidating and deepening the normalized delisting mechanism at the export end will help accelerate the formation of a market ecology of survival of the fittest. Zhang Qiyao, chief strategic analyst of Industrial **, believes.
Industry insiders said that with the steady progress of the registration-based reform and the acceleration of the formation of the normalized delisting mechanism, the A** field under the survival of the fittest will accelerate the "metabolism" and promote the overall quality of listed companies and the efficiency of market resource allocation.
Reporter Liu Yang.