The stocks released from the ban are divided into non-size and restricted shares. The size is not produced by the share reform, and the restricted shares are the shares issued by the company. These stocks are in the hands of the people who bought them before.
Lifting the ban is the size of the stock, so this balance will be achieved by lowering the price. On the other hand, because the size and cost of stocks are extremely low, there is a lot of room for profit in the stock price, which also makes them have a strong willingness to sell. The short-term band of stocks mainly depends on the relationship between supply and demand. Once the non-stock and non-stock can't be sold, other investors are unwilling to take over, which will lead to the continuous decline of Haitong Securities.
Except for the state-owned shares, there is not much selling pressure, most of the measures taken by other small non-restricted shares after listing are like this, especially the stocks that increase the existing circulating share capital after the lifting of the ban on restricted shares, the greater the decline.
The lifting of the ban is only a time window, which means that the lifted shares can be traded on the day of lifting the ban! Doesn't mean it has to be sold all on the same day. I can keep it or I can choose to sell it. When to sell is up to the holder.
The cost of non-lifting the ban is basically 1 yuan, and the cost of lifting the ban on restricted shares is its additional price.
Non-refers to non-tradable shares, which can be circulated because the share reform is lifted.
Non-tradable shares holding less than 5% are called small ones, and those holding more than 5% are called big ones.
Non-tradable shares can be circulated and then cashed out, which is called reduction.
This is equivalent to greatly increasing the stock supply in the stock market and changing the relationship between supply and demand of stocks. If the size does not decrease after the lifting of the ban, the stock price will go down.
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