1. Before the new delisting rules, listed companies protected their shells by inflating profits and consolidating financial statements.
After the introduction of the new regulations, these methods are ineffective, and instead turn to inject assets with higher costs, debt relief, bankruptcy reorganization, etc., there are more than 30 kinds of self-insurance means, investors must carefully analyze, stay away from risks, do not build dangerous walls, and do not bet on whether listed companies can successfully protect their shells. Otherwise, you're the one who suffers. At the end of the third quarter of this year, there were 23 *ST companies with negative A-share net assets, and 8 *ST companies with operating income of less than 100 million yuan and negative net profit before and after deduction. Everyone must be careful.
In order to maintain its listing status, the listed company will take all appropriate measures to protect itself. The mountain is still the mountain, the owner of the horse is still the donkey, and the bird is still the chicken. Everyone must keep their eyes open and distinguish between good and evil, otherwise they will cause greater losses if they are not careful.
2. Legislative Affairs Commission: A complete ban on fireworks and firecrackers is illegal!Many places have issued regulations for the 2024 Spring Festival.
On the news side, the National People's Working Committee recently said that the provisions of the comprehensive ban on fireworks and firecrackers are illegal, and the local government must revise the ban on fireworks and firecrackers. This is one of the typical cases proposed by the Legislative Affairs Commission in the 2023 submission. In this case, there were local regulations that completely prohibited the sale and discharge of fireworks.
Fireworks and firecrackers are traditional seasonal products in our country. Setting off fireworks at important festivals and events is an important part of the celebration. The Spring Festival is of great importance to my country, and domestic production is also an important industrial chain. For example, China's Liuyang fireworks are typical national products. A complete ban on fireworks and firecrackers is not in line with China's national traditions. Second, it has a major restrictive effect on China's traditional industries, which is not conducive to ensuring people's livelihood. Therefore, firecrackers can be set off in certain areas and with certain restrictions, but it is not recommended to ban them completely. We must not only respect people's lives and traditions, but also take into account that the current environmental protection must be balanced, two-sided, and not one-size-fits-all. This news is good for the relevant industrial chain of fireworks and firecrackers manufacturers linked to A-shares.
3. Will the listing of new IPO shares be suspended?
1. The suspension of IPOs is an event that investors have been talking about for the past six months. I remember some time ago, the number of records of transactions decreased, and indeed it was cut in half. Later, it was requested to restrict refinancing, although it is only a commitment at present, but there are sales restrictions, and the actual situation is that it is impossible to carry out equity transfer operations, which greatly restricts the development of refinancing business.
2. Even with these policies, there is still no recovery. On the one hand, the current market is already very weak. **Weak response remains the reason why the policy was introduced too late.
3. The capital market is expanding too fast, and the supply exceeds demand. A** fields have always been driven by liquidity. As can be seen from the management's statement, the issuance of new shares does not mean a pause, but an appropriate slowdown. A-shares remain a fundraising market. If this view does not change, it is almost impossible to exit the bull market.