Category: Money Tips Date: 2006-09-11
Editor's note: Although many people became shareholders for many years, the operation of the hands of thousands of yuan of stocks, but a lot about the stock market, the concept of the stock is not clear, the process also stocks many difficulties encountered. For example, in recent days investors have reader letters, called to ask if, in the hands of delisting the stock is about to withdraw from the market or have had, how should I do? Delisting of the three to be heard on the board, what is the Third Market? How the three panels on the market operation?
Shareholders: the stock is about to withdraw from the market in the hands of the, how should I do? After the delisting to be heard on the 3 board, what is the three-board market and how trading in the three panels on the market do?
Expert: 3 Market also known as "charge d'affaires transfer of shares system." And standard sense of the word "three panel" different, it does not accept the new company's shares "listed" function, which is limited to assume the functions of dealing with historical stock market and the main board of the corporate enterprise market delisting of the shares circulation.
The following two conditions listed companies will be put on the ST: (1) the last two fiscal year, net income is negative; (2) less than the face value of net assets per share. ST stocks may the provisions of the Price Limit is 5%. With the ST before the asterisk (*) mark is the risk of delisting warning, * ST shares in the second year of a loss if it continues, will be temporarily delisted.
1. If the suspension is not the resumption of companies listed on the listing application or restore it to its exchange listing application has not been approved, then the company will be delisted. Stock Exchange listed company to make the suspension of the termination of the listing decision
Are established, in accordance with relevant provisions of delisting the company originally at the Stock Exchange of shares in circulation will be a share transfer agent business with qualified securities firms (broker sponsored) the transfer agent, and in 45 working days to enter into a share transfer agent system transactions.
2. According to regulations, shareholders must first withdraw from the market transfer of shares to open accounts (account opening costs 30 yuan individual shareholders, institutional shareholders of Bank charges 100 yuan), and the right to apply for transfer of shares actually managed procedures (individual shareholders the right to charge 10 yuan indeed , institutional shareholders the right to charge 30 yuan indeed). Transfers of shares of individual shareholders to open accounts should be an identity card.
3. Delisting the company listed in the agent system, prior to the transfer of shares, shareholders should be handled as soon as possible with the transfer of shares is indeed the right to host the procedures, or they may not be able to catch up in the company's first day of trading transactions. After delisting the company listing the shareholders can proceed with the transfer of shares is indeed right and managed procedures, but its shares need to go through two could only be transferred after the trading day (ie, three board transactions).
