Lifting the pledge refers to the lifting of the pledge, which is a type of guarantee. Because financing does not mean lack of strength, if the purpose of financing is to continue investment or further development, it may also be good news. However, when major shareholders pledge stocks, there is also a certain risk of "liquidation". That is, when the stock price drops to the agreed minimum price, the shareholder's stock disposal rights are already in banks and other financial institutions. Once the forced liquidation mechanism is triggered, it will bring consequences to shareholders. When a huge loss occurs, it will also have an immeasurable impact on the stock price. Therefore, in order to avoid such a situation, when the stock price drops close to the forced liquidation price, the shareholders of the pledged stocks will find ways to raise funds and transfer the pledged shares Stock Redemption. If such an unpledge occurs, it will be negative for the later stock price trend.

If you need to know the stock market, you can log in to the Ping An Pocket Bank APP-Finance-Stock Futures-Securities Service to query the information.

Warm reminder:

1. The above content is for reference only and does not make any recommendations. Relevant products are issued and managed by the corresponding platform or company, and our bank does not bear the responsibility for the investment, redemption and risk management of the products;

2. There are risks in entering the market, so investment needs to be cautious. Before making any investment, you should ensure that you fully understand the investment nature of the product and the risks involved. After understanding and carefully evaluating the product, you can make your own judgment on whether to participate in the transaction.

Response time: 2022-02-11. For the latest business changes, please refer to the official website of Ping An Bank.