Is it good or bad for the stock market to rename the company?

Generally, listed companies will not change their names for no reason. Historically, listed companies changed their names to cater to market hotspots. Of course, some listed companies changed their names passively.

Generally, there are five situations:

1, renamed to match the change of main business;

2. Renaming consistent with the change of ownership of the listed company;

3, cater to market hotspots and obtain higher premiums;

4. Conceal the criminal record and wash away the negative effects;

5. Passive renaming if the performance is not up to standard.

According to the above five situations, investors can know whether the impact of the name change of listed companies on the stock price is good or bad.

Tips:

① The above description is for reference only and does not constitute any investment advice.

(2) There are risks in entering the market, so investment needs to be cautious.

Response time: 2021-01-12. Please refer to the latest business changes announced by Ping An Bank in official website.

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