What does ST mean?
St shares are often dubbed by investors as stocks with hats. St is the abbreviation of English SpecialTreatment, which means special treatment. The stock that is specially treated is ST stock.
So, why special treatment? Generally, listed companies have problems, such as poor financial situation or fraud. There's something unusual anyway. The exchange adds the word ST to the stocks of such listed companies, just like the referee shows the players a yellow card on the football field, warning the players (listed companies) that they will end up (delisting) if they mess around again.
What will happen to ST?
There are three situations in which stocks are capped by ST, one is that listed companies do not publish annual reports after re-listing, the other is that enterprises have problems in production, and the third is that bank accounts of listed companies are frozen. In addition, listed companies will wear ST hats because of other circumstances, which will affect their operations.
What is *ST?
A * in front of ST stands for delisting risk warning, which is equivalent to a yellow card changing into a red card. The risk of delisting is relatively high.
What will be ST?
If a listed company does not make money for two years in a row, or its net assets are negative in recent years 1 year, or its operating income in recent years 1 year is insufficient100000, all these situations may be labeled as * st. Also, if important news is not announced, or stock issuance involves fraud, the listed company will be labeled as * st..
What's the change in St?
If the stock name is preceded by ST or *ST, the stock price decline limit will be changed from 10% to 5% to prevent the stock price from falling too much. If investors want to buy these two types of stocks, they need to sign a risk warning agreement, and the number of single stocks purchased per day should not exceed 500,000 shares.
The above is an introduction to the meaning of ST in stock and the difference between ST and *ST, hoping to help you.