Today is National Investor Protection Awareness Day, so let's start with the topic of investor education and protection.
The day after the "roaring kitten" brought up US speculative stocks, the ST sector of the Shanghai and Shenzhen stock markets also stopped falling. *ST Baoli, which has been determined to be delisted at face value, has changed hands sharply at the position of 0.1 yuan. Yesterday, the turnover rate was close to 17%, and the transaction volume was 802.1 billion yuan throughout the day. Today, it changed hands again by 11%, with a turnover of 396.7 billion yuan. May 16 will be the last trading day for *ST Baoli.
Who's crazy about *ST Baoli? According to the data of the Dragon and Tiger List after yesterday's hours, the top five retail investor concentration camps in the buying business department are all business departments of Oriental Wealth Securities; At the same time, there were institutional seats in the sales department, the first of which was the special seat for the institution, which sold more than 9.05 million yuan.
How likely is it that retail investors who lick blood from the knife edge are looking forward to a hundredfold return? According to the new rules, the GEM of the Shenzhen Stock Exchange can resume listing after meeting the conditions, but so far no delisted GEM company has resumed listing. Obviously, for investors who are buying *ST Baoli today, there will be a big question mark over whether they will be able to make profits in the future. There are only a few companies that have resumed listing after being forcibly withdrawn from the A-share market, and the number of A-share delisted stocks in the entire market exceeds 200.
On May 9, the former real estate giant, Zhongnan Construction, was suspended and delisted. The company's shares do not have a delisting period, and they are traded in the system of the stock transfer company after delisting. On May 8, ST Zhongnan traded 6.21 million yuan, of which more than 20% was bought by Zhongnan Construction executives, and the executives took the initiative to buy 1.32 million yuan at the last moment of the company's delisting. If ST Zhongnan implements debt restructuring, reaches investment cooperation intentions with related companies, has healthy financial performance, and has the opportunity to return to A-shares, then the increase in senior executives' holdings may be fruitful. Executives are rich in wealth and familiar with the company's fundamentals, so they have the confidence to "press the whistle" to buy, and ordinary investors still have to avoid this kind of doomsday round speculation, with a high probability that they will lose their money.
Talking about the broader market, the news is not good, and the market is being tested. The market fluctuated lower throughout the day, with the three major indexes all falling nearly 1%, and the turnover of the two cities falling below 800 billion. At present, the hot spot rotation speed of the market is very fast, and the windmill market should not chase high.
On May 14, the U.S. released the results of the four-year review of the additional Section 301 tariffs imposed on China, announcing that it would further increase tariffs on electric vehicles, lithium batteries, photovoltaic cells, critical minerals, semiconductors, steel and aluminum, port cranes, personal protective equipment and other products imported from China on the basis of the original Section 301 tariffs on China.
Some research institutions believe that the impact on the electric vehicle industry chain is better than expected. At present, the amount of electric vehicles and lithium batteries exported from China to the United States is very small, and the future is basically to take the route of building factories overseas. At the same time, a number of leading integrated photovoltaic companies such as LONGi Green Energy, JA Solar, and JinkoSolar also said that the tariffs imposed on solar cells will have basically no impact on domestic photovoltaic companies. At present, the company ships from Southeast Asia to the United States.
However, some recent actions by the United States have also raised concerns about Sino-US relations. Wu Xinbo, dean of Fudan University's Institute of International Studies and director of the Center for American Studies, said that the U.S. Commerce Department's blacklisting of 37 Chinese entities and the new tariffs mean that the "fragile stability" phase between China and the United States has been broken.
The company wins the world in the live class forecast
At 12:00 noon on Friday, May 17, the "Yicai Knows" platform will continue to open a wonderful live class, and Yan Dan, the host of CBN Broadcasting, and Li Guangyi and Zuo Jianming, the main teachers, will share the theme of "Those who win the company win the world" through the video. There will also be limited-time coupons and small gifts during the live broadcast!
Author: Xu Jinhua
Editor: Yan Dan
Producer: Gu Jie
Sources: Global Times, Phoenix.com, Shangguan, Finance Associated Press, etc
This article is the exclusive content of the WeChat public account of "CBN Broadcasting", please contact the background for authorization before reprinting. The individual stocks involved in this article are for reference only, and are not recommended for trading and are not responsible for personal income.