The ups and downs of the real estate stock market are embarrassing! Zhongnan Construction (600040. SH) yesterday's limit, a glimmer of hope seemed to flash, however, the company was forced to suspend trading that night, encountered ST risk warning, 110,000 shareholders fell into a hopeless situation.
The company went public on March 1, 2000 and has been listed for 24 years and is a long-established listed company in real estate development and building construction. Once, Zhongnan Construction was one of the white horse stocks with excellent performance, and the stock price soared to 29.12 yuan, but in recent years, the recession in the real estate industry has led to a decline in the company's performance, and the stock price has been declining.
From 2006 to 2013, the company's performance has grown for eight consecutive years, and from 2017 to 2020, it has achieved explosive growth, but in recent years, it has suffered losses one after another, and 2023 will end dismally, with a net loss of 5.293 billion yuan, a loss for three consecutive years. As a result, the stock price fell below $1 for 12 consecutive trading days, facing the threat of delisting.
Over the weekend, there was good news that Zhongnan Urban Construction and PAG Investment Group and other institutions were negotiating cooperation in debt resolution and equity trading, which gave shareholders a glimmer of hope and drove the stock price limit. However, the Shenzhen Stock Exchange quickly issued a letter of concern, requiring the company to explain the authenticity of the cooperation matters. Last night, the company disclosed its annual report, and the net loss was even more shocking, resulting in the company's shares being forced to suspend trading and being placed on "other risk warnings".
This sudden change caught shareholders off guard, and the hope that there was a glimmer of hope was dashed in an instant, and the stock price closed at only 0.84 yuan, far from the hope of 1 yuan, and if it could not stand on 1 yuan on the next trading day, it would inevitably face the fate of delisting.
The future of the 110,000 shareholders is worrying, and if the stock price continues to fall, they will have to face the cruel reality of the stock being delisted, and they will lose all their money.
May this tragedy usher in a turnaround as soon as possible, giving shareholders a chance to survive so that their investment will not be in vain.
The turmoil in the stock market is heart-wrenching, and the shareholders of Zhongnan Construction are also facing unprecedented challenges and anxieties. 110,000 shareholders, they may be ordinary investors, or they may be the breadwinners of their families, or they may be dreamers of entrepreneurship. Regardless of their status, they are under heavy pressure and endless uneasiness in this storm.
For them, every trading day is a baptism of the soul, and every fluctuation in the stock price is a torture. In this ever-changing market, they may have had dreams, or they may have pursued profits, but now, all they have may be full of anxiety and helplessness.
However, even in such a difficult situation, we must believe that every challenge is an opportunity to grow, and every adversity is a process of tempering. Whether it is the crazy fluctuations of the stock market or the difficulties in life, it should not become a stumbling block for us to move forward, but should become a help for us to move forward.
Maybe at this moment, you are experiencing a storm in your life, or maybe at this moment, you feel lost and helpless, but remember that after the storm, the sun is still shining. No matter how difficult the road ahead is, as long as we persevere and move forward bravely, we will eventually usher in the dawn of victory.
Therefore, let us face the challenges together, work together, believe that tomorrow will be better, and believe that our efforts will be rewarded in the end. Whether it is the changes in the stock market or the ups and downs of life, we must adhere to our beliefs, move forward bravely, believe in ourselves, and believe in the future!
In this world full of variables and challenges, let us join hands to write a magnificent chapter that belongs to us! May every shareholder usher in the dawn of victory and realize their dreams and goals! Come on!