The quality and return of the Shenzhen Stock Exchange have been improved, and the big news of the fourth morning today hit the market (25）！
1. The first mandatory delisting of major violations will occur in 2024.
ST Potian disclosed in a statement last night that the company was fraudulently delisted for five consecutive years and was forced to delist. At the same time, the company and four senior managers were fined 13 million yuan. However, its stock price has risen against the trend, showing a trend of "from earth to sky". According to the rules, if *ST Botian** is forced to stop listing after making a decision to terminate the listing, it will resume trading on the next trading day after the end of 5 trading days after the announcement of the decision to stop listing, and the trading will be delisted and consolidated during the period of delisting, and the word "delisting" will be preceded by the abbreviation of **. The trading period of the delisting consolidation period is 15 trading days. Within 5 trading days after the end of the delisting period, the Shanghai Stock Exchange will delist the company, and the company will no longer be listed.
2. From January 29 to February 1, although the time was short, more than 500 A-share listed companies have issued relevant announcements such as repurchase plans or implementation progress. In addition, hundreds of listed companies have also raised funds in earnest.
A new feature of these listed companies is that they increase their stake through buybacks. The reason for this is the increase in the number of companies that carry out "canceled buybacks".
Some investors may not understand what a "cancel-buyback" is, i.e. no longer trading on an exchange, a listed company buys back from the market, and then delists. This is the case for many companies around the world. United States**.
If a shareholder increases his shareholding, he will also have the opportunity to ** the stake later, and the two are very different. It's also because ** is maturing, and more importantly, it shows that some companies are very confident in their growth prospects and believe that their share prices are undervalued, and they are increasing the value of their investments through buybacks and liquidations.
Third, the quality and return of the Shenzhen Stock Exchange have been improved!
After experiencing depth**, the A-share index hit 266633 points. The turmoil in the market has left investors confused and worried. However, at this critical moment, the Shenzhen Stock Exchange took a decisive step and announced the launch of a special activity of "double improvement of quality and revenue".
The launch of this special promotion activity aims to improve the quality of listed companies, improve investment returns, and provide investors with a more stable and safe investment environment. The Shenzhen Stock Exchange pointed out that listed companies are the cornerstone of the capital market, and their quality is directly related to the healthy development of the market. By improving the quality of listed companies, we can enhance market confidence, attract more high-quality enterprises to go public, and further promote the development of the capital market.
4. In January this year, the size of non-monetary ETFs was 18 trillion yuan, a decrease of 493 from the end of 2023100 million yuan, down 27%. The reason for this is that the A**field lasted ** in January. This leads to a decline in the net value of non-monetary ETFs. Affected the scale.
However, judging from the change in ** holdings, non-monetary ETFs are showing an upward trend. In January, the total number of non-monetary ETF** shares was 1900 million copies, an increase of 9 from the end of 20231%, an increase of 9039.7 billion copies.
This suggests that there has been no large-scale buyback of non-monetary ETFs, albeit substantially, and more money has flowed into the non-monetary ETF market, showing strong confidence.
In addition, the most popular is the ETF, with a total of 1600 million shares, an increase of 782 from the end of 20235.1 billion shares.
What's more, the amount of ETF purchases hit a record high of more than 150 billion yuan in January, and exceeded 140 billion yuan in August last year. Understandably, there is strong demand for ETFs, especially stocks and broad-based indices.