1. Affect information circulation: Cross-shareholding may lead to information asymmetry, because information between different companies may not be fully disclosed, thus affecting the transparency and accuracy of information exchange and corporate decision-making.
2. Affect competition and market competition: Cross-shareholding may lead to reduced competition, thus affecting market competitiveness and consumers' right to choose. This may also affect market dynamics and innovation speed.
3. Affect corporate governance: Cross-shareholding may affect the corporate governance structure, make the control relationship of the company complicated and difficult to understand, and may also lead to conflicts of interest and improper behavior of the company.
4. Risks affecting investors: Cross-shareholding may increase investors' risks, because it may lead to stock price fluctuations and unstable company performance.
Therefore, cross-shareholding needs to be handled carefully, especially for companies in the same industry or field, and its impact on the company and the market needs to be carefully evaluated.