Reduction refers to the stock selling behavior of major tradable shareholders of listed companies in line with the Guiding Opinions on the Transfer of Restricted Shares of Listed Companies, and timely disclosure of information. But ordinary investors do not apply.
The stock reduction has revitalized the chips in the A-share market and improved the liquidity of the chips in the A-share market. After all, some major shareholders have reduced their holdings not because their share prices are seriously overvalued, but because of financial problems.
Because the size of the non-holding shares is almost zero cost, and the secondary market price of tradable shares has been speculated to a high level, once the stock market reverses, the size of non-holding shares will stop profit by hook or by crook. Therefore, before the introduction of new policies and measures, small and medium-sized retail investors should study the new characteristics of non-reduction.