It means "special treatment". This policy is intended for those who have abnormal financial or other circumstances. On April 22, 1998, the Shanghai and Shenzhen Stock Exchanges announced that they would carry out special treatment (Special treatment) for stock transactions of listed companies with abnormal financial or other conditions. Because of the "special treatment", the abbreviation was preceded by "ST". Therefore, these stocks are called ST stocks.
If st is added before the name of a stock, it is a warning to the market. The stock has investment risks and serves as a warning. However, this kind of stock has high risks and high returns. If *ST is added, then This means that the stock has a risk of delisting, and I want to be vigilant. Specifically, around April, the company's financial statements submitted to the China Securities Regulatory Commission showed losses for three consecutive years, and there was a risk of delisting.
Extended information
Trading rules
The daily rise and fall of stock quotations is limited to an increase of 5% and a decrease of 5%;
Stock name Change to add "ST" before the original stock name, such as "ST Steel Pipe";
Interim reports of listed companies must be audited. Since the daily rise and fall limit for ST stocks is 5%, it also restrains the malicious speculation of market makers to a certain extent. Investors also need to treat stocks with special treatment differently. Specific issues must be analyzed in detail. Some ST stocks mainly suffer from operating losses, so it will be difficult to turn losses into profits in the short term by strengthening management.
Some ST stocks have suffered losses due to special reasons, or some ST stocks are undergoing asset restructuring, then these stocks often have huge potential. It should be pointed out that special treatment is not a punishment for listed companies, but only an objective disclosure of the situation of listed companies. Its purpose is to remind investors of market risks and guide investors to make rational investments.
Reference source? Baidu Encyclopedia-st stock