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st和st的区别

2024-01-30 16:02:56 基金知识

ST is a global high-tech company creating semiconductor technologies for a smarter, greener, and more sustainable future. They have made significant advancements in various fields, including SiC technology and wide-bandgap materials. In this article, we will explore the differences between ST and ST, and delve into their meanings and implications.

1. Meaning and Significance

1.1 Difference in Meaning:

The "ST" in "ST stocks" refers to stocks that have been subjected to special treatment due to abnormal circumstances such as continuous losses or other violations by the company. On the other hand, "*ST" refers to stocks under delisting risk, where the company has experienced continuous losses.

1.2 Risk Implication:

The "ST" tag serves as a warning to investors to be cautious about the investment risks associated with these stocks. It indicates that there are certain irregularities or financial difficulties within the company. On the other hand, "*ST" warns investors about the risk of delisting, meaning the company may face potential termination of its listing status.

1.3 Usage and Criteria:

The "ST" tag is assigned to stocks when a company has continuously experienced losses for two years, while the "*ST" tag is given when a company has incurred losses for three consecutive years. Additionally, companies with net assets lower than their stock face value may also be labeled as "ST" or "*ST" stocks.

2. ST Stocks

2.1 Definition:

ST stocks, also known as "Special Treatment Stocks," represent a special trading status assigned to certain stocks on the A-share market in mainland China. These stocks are subjected to rigorous scrutiny due to various reasons, including continuous losses, violation of regulations, or other abnormal circumstances.

2.2 Company Treatment:

When a company's stock is labeled as "ST," it means the company is subject to special treatment due to irregularities or financial difficulties. These companies are typically required to take corrective actions to overcome their financial challenges and improve their operational performance.

3. *ST Stocks

3.1 Definition:

*ST stocks, also known as "Delisting Risk Stocks," indicate that the company's stock is at risk of being delisted from the stock exchange. This tag is assigned when a company has incurred continuous losses for three years or has met other specific delisting criteria.

3.2 Investor Considerations:

Investors need to be cautious when dealing with *ST stocks as they carry high delisting risks. These stocks often face challenges in terms of financial stability, company reputation, or operational performance. It is crucial for investors to thoroughly evaluate the company's prospects and future potential before making investment decisions.

4. Conclusion

In summary, ST and *ST stocks have different meanings and implications. ST stocks represent companies that are subject to special treatment due to irregularities or financial difficulties, whereas *ST stocks indicate stocks at risk of delisting. These tags serve as warnings to investors, highlighting potential investment risks and the possibility of termination of the company's listing. It is essential for investors to conduct thorough research and analysis before investing in ST or *ST stocks.