What do you mean by ex-rights?

Legal analysis: Ex-dividend refers to the distribution of stock dividends by listed companies to shareholders, that is, when the company's surplus is converted into capital, or when shares are distributed, ex-dividend (XR) is needed, which is referred to as ex-dividend.

Legal basis: The listed securities in the trading rules of Shenzhen Stock Exchange have rights and interests distribution, capitalization of reserve fund, rights issue, etc. , Shenzhen Stock Exchange will handle ex-dividend treatment on the next trading day of the equity registration date (the last trading day for B shares).