Tuesday, February 22, 2011
Stock "G" logo will be canceled if no tag share reform.
<P> Reporter recently learned from the authorities, have shares of stock change "G" mark to cancel and restore the original referred to as China Petrochemical is expected to be implemented after completion of the share reform, but not into the stock reform work of the "nail house" will be marked separately, not to exclude .Special treatment is with the "ST" prompt, and policy restrictions. .According to statistics, at present, Shenzhen and Shanghai has completed a total of 1,150 shares of or access to the share reform program (not including the 14 share reform program did not pass the company), the total market value of 39038.1605 billion, accounting for the proportion of total market value of the two cities reached 92.4436 .% (excluding tradable shares). .Among them, the share reform companies in Shenzhen 444, G-share companies 345; Shanghai share reform companies 706, G-share companies 631. .</ P> <P> to the shares of company stock with change "G", the original intention of the Shanghai and Shenzhen Stock Exchange, prompted investors first, second, for failure to play a demonstration effect of share reform companies. .</ P> <P> but with increasingly large contingent of G Unit, G Unit referred a number of problems to investors, such as the original name of the company closer to the reduced G-Unit name may cause some misunderstanding and so on. .In addition, most of the company after the completion of share reform, but the company did not share reform is not easy to find, which is not conducive to further promote the work of the share reform. .</ P> <P> official said, start share reform in China after Sinopec, the two cities share reform companies are more than 90% of the market value of the home are more than 80% of the number, management began to consider resumption of G-share companies to choose the original stock .referred to, but will not share reform companies to specially marked tags. .This work is expected to be completed in Sinopec shares after the implementation of the reform, this year more likely early next year. .</ P> <P> not share reform companies to identify what kind of letters? .The official said that is still under study in regard to the final in order to identify what the letters, there are several options in the proposal, not to exclude special treatment "ST" crown first. .</ P> <P> access to what he thinks the letter is not important, the key lies not share reform companies will be certain restrictions in terms of policy, for example, mergers and acquisitions policy, financing policy, not support the approach taken. .</ P> <P> present, the exchange of special treatment into existing delisting warning of risks and other special treatment, that were labeled "* ST", "ST" word. .If you do not change the company's stock by stock "ST" logo, according to the rules at Price will be limited to 5%. .</ P>.
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