China-Singapore Jingwei Client, December 15th. On the 15th (Tuesday), the A-share market opened mixed. The Shanghai Stock Index reported 3,366.58 points, a decrease of 0.08%; the Shenzhen Component Index reported 13682.28 points, a decrease of 0.07%; the GEM index reported 2727.95 points , An increase of 0.05%; the Shanghai Stock Exchange 50 Index 3,46.49 points, a decrease of 0.04%; the Shanghai and Shenzhen 300 reported 4,931.60 points, a decrease of 0.07%.
Source of Shanghai and Shenzhen Market Opening Index: Wind
On the disk, a few sectors such as automobiles, power, and logistics rose; concept stocks such as online car-hailing, medical beauty, carbon fiber, and gene sequencing were active.
Agriculture, hotel and catering, aquaculture, non-ferrous metals, petroleum, semiconductor, paper and other sectors were among the top decliners; Hainan local stocks fell, Dadonghai A fell more than 6%.
In terms of individual stocks, 1181 individual stocks rose, of which Tianqi Lithium, ST Rock, Dongfeng Motor and other stocks rose more than 5%; 2126 stocks fell, including ST Shenglai, ST Lions, ST Carrey and many other stocks The decline was more than 5%.
*ST Xiali daily limit, quoted at 4.39 yuan.
The stock announced on the evening of the 14th that it plans to change its name from "Tianjin FAW Xiali Automobile Co., Ltd." to "China Railway Materials Co., Ltd." and to change the stock abbreviation to "China Railway Materials."
China Diving shares closed at 59.90 yuan.
The stock announced on the evening of the 14th that the actual controller Yang Zhihui received the "Investigation Notice" issued by the China Securities Regulatory Commission on December 11. The China Securities Regulatory Commission decided to file an investigation against Yang Zhihui for suspected manipulation of the securities market.
Rendong Holdings continued to drop its limit, the stock had previously dropped its limit for 14 consecutive days.
After the last trading day, the Shenzhen Stock Exchange issued a letter of concern to Rendong Holdings, requesting clarification on the specific circumstances of shareholder Chongzuo Zhongshuo’s trading of the company’s stock.
On the overall news, the new A-share delisting rules are coming.
On the evening of the 14th, the Shanghai and Shenzhen Stock Exchange issued a draft for comment on the reformed delisting system, improving the four categories of mandatory delisting indicators for finance, trading, regulation, and illegality, and adjusting the delisting process.
In terms of financial indicators, the original single net profit and operating income indicators were cancelled, and a combined financial indicator with negative net profit before and after deduction and operating income less than RMB 100 million was added.
In terms of trading indicators, the original face value delisting indicator was revised to the "1 yuan delisting" indicator, and the market value of "the total daily closing market value of stocks on the Exchange for 20 consecutive trading days was less than RMB 300 million" was added. index.
At the same time, new normative indicators have been added, including two types of situations where information disclosure, normative operations have major defects and refuse to make corrections, and more than half of the directors are not fidelity to the semi-annual or annual reports.
In the event of the above situation, and the suspension has not been corrected within two months, the delisting risk warning has been implemented, and the listing has not been corrected for another two months.
In addition, the suspension of listing and the resumption of listing are cancelled, and it is clear that listed companies will terminate their listings when they touch financial indicators for two consecutive years.
Simplify the delisting process arrangement period, shortened from 30 trading days to 15 trading days; cancel the delisting arrangement period setting for trading delisting situations, and there will be no limit on the first day of the delisting arrangement period.
The Shenzhen Stock Exchange has established a risk warning board including risk warning stocks and delisting stocks, and “discloses on another board” for risk warning stocks.
Northeast Securities said that delisting tends to be normalized, and the process of A-share institutionalization has accelerated.
The introduction of new delisting regulations pave the way for the full implementation of the registration system.
With the implementation of the registration system on the Science and Technology Innovation Board and the Growth Enterprise Market, it is imperative for the subsequent registration system to be fully promoted to the stock sector.
The further improvement of the delisting mechanism is not only a supplement to the problems encountered in the implementation of the current registration system, but also paving the way for the full implementation of the registration system.
The low tolerance of the new delisting rules for poorly performing stocks will also increase the risk of investing in poorly performing stocks, and the top high-performance stocks will have more liquidity premiums.
(Zhongxin Jingwei APP)
(The opinions in the article are for reference only and do not constitute investment advice. Investment is risky, and you need to be cautious when entering the market.)