The stock pledge clearing line is the stop-loss line of the fund-raising account, which is also the warning line set by the gold owner to protect his own funds. For example, you pay 6.5438+million, the fund-raising company pays 400,000, and the account pays 500,000. When the loss reaches or approaches 6,543,800+,the fund-raising company will force you to close the position. If it is unfair, the 400,000 funds provided by the fund-raising company may be in crisis and need to be liquidated, and a liquidation line will be set up. The proximity of pledged shares to the liquidation line means that the company's share price falls to a position close to the liquidation line. The company needs to pledge more shares or repay some financing debts to alleviate the risk of forced liquidation. When the pawnbroker's ownership is about to reach the warning line, the pawnbrokers communicate with each other, and the ownership supplements the pawnbroker, or pays part of the financing money first, and rarely closes the position. If forced to close their positions, not only listed companies but also investors can only withdraw from the market.
The closing line of the stock pawnshop is the stop-loss line of the loss of the capital account, which is also the warning line set by the owner to protect his own funds. For example, you pay100,000, the investment company pays 400,000, and the account pays 500,000. If the loss is close to 654.38 million yuan, the investment company will be forced to close its position. If it is unfair, it may endanger the 400,000 funds provided by the investment company, so it is necessary to close the position and level the line. If a company's share price continues to fall and eventually falls to the pledge clearing line of listed companies, it will be notified first, and the stock can continue to be pledged. No stock can return part of the financing funds, which will not lead to a large number of liquidation.
If the shareholders of listed companies have no funds or stocks, they will face the risk of being forced to balance. Once the balance is forced, it means that shareholders lose control, which is equivalent to changing major shareholders. If there is a risk that the collective pledged shares reach the clearing line area, it must be a problem caused by the long-term bear market in the stock market, because the market fell and the stock price was sold by the fund, which led to the continuous decline of the market. At this time, once the stock pledge of listed companies is closed, it will lead to a chain effect, the market will continue to fall sharply, and many stocks will continue to restrict the market.