Equity pledge refers to the pledge established by the pledgor with its equity as the pledge target. Equity pledge is a financing tool, which can be used to fill the cash flow and improve the operating conditions of enterprises. However, its potential liquidation or explosion and loss of control risk to maintain equity. Whether the impact on the stock tends to be favorable or unfavorable depends on the actual situation.
1, positive inventory situation
If the company pledges its equity to obtain liquidity and hopes to operate its main business or launch new projects for this purpose, it is also good, after all, it is conducive to opening up territory. In addition, if the stocks you pledge are circulating stocks, that is to say, the number of stocks in the market has decreased and the demand has not changed much, then the amount of funds needed to pull up the stocks has decreased, and it is easier to open the market if it is in the market.
2. The situation of bad stocks
If the listed company only pays short-term debts, which has nothing to do with the company's development plan, it will make the company's financial difficulties surface and reduce investors' expectations and goodwill towards the company. Furthermore, if the equity is highly pledged, if the stock really falls below the warning line, once the securities company sells the pledged stock, it will easily lead to bad feedback. In other words, the market is too emotional about the stock because the securities company sells the pledge, which eventually leads to the possible decline of the stock price.
Generally speaking, equity pledge is a financing tool, which can be used to supplement cash flow and improve the operating conditions of enterprises. Because there are some potential risks in equity pledge, such as closing positions or exploding positions, it is out of control to safeguard equity, and whether the impact on stocks is good or bad ultimately depends on specific circumstances. Don't judge blindly, you need to analyze the specific situation.
This answer is provided by Kangbo Finance, focusing on the interpretation of financial hot events, the popularization of financial knowledge, the pursuit of professionalism and interest, so that the financial content that the people can understand can convey financial value in vivid and diverse ways. I hope this answer is helpful to you.
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Is the cost of IMF loans to developing countries high?
IMF loans to developing countries are expensive.
The mission of the International Monetary Fund is to provide assistance to countries in serious economic difficulties. For countries with serious fiscal deficits, the fund may provide financial assistance and even help manage national finances. The recipient countries need to carry out reforms. The application to join the International Monetary Fund will be first considered by the board of directors of the organization. After that, the Board of Directors will submit a report on the "Members' Resolution" to the Governance Committee, which will suggest how many quotas and terms the applicant country can get in the fund. After the Governance Committee accepts the application, the country needs to amend the law, confirm the signed accession documents and promise to abide by the rules of the IMF. In addition, the currency of a member country cannot be linked to gold (it cannot be exchanged for the country's gold reserves). The "quota" of member countries determines a country's membership dues, voting rights, share of financial assistance and the number of special drawing rights. China is one of the founding members of the organization. 1980 On April 17, the International Monetary Fund officially resumed the representation of China.
Can private equity funds be used as mortgage guarantee?
Hello, private equity funds can't be mortgaged as collateral, but they can be used as collateral.
1. Private equity fund shares belong to trust property and are valuable property.
According to Article 70 of People's Republic of China (PRC) Securities Investment Fund Law, fund share holders have the property rights to share the proceeds of fund property, participate in the distribution of the remaining fund property after liquidation, transfer or apply for redemption of their fund shares according to law.
2. Private equity fund shares are transferable.
Article 48 of People's Republic of China (PRC) Trust Law stipulates that "the beneficiary's trust beneficial right can be transferred and inherited according to law". Article 70 of the Fund Law stipulates that fund share holders have the right to transfer or apply for redemption of their fund shares according to law, that is, the right of fund share holders to obtain fund income. In addition, fund holders also have status rights, such as the right to participate in and vote in the fund share holders' meeting in the Fund Law, and the right to consult or publicly disclose fund information. Security right is to use the exchange value of secured property. Private equity fund share is a kind of transferable property. As the object of security right, legally speaking, there is no obstacle to the pledged fund share, which not only protects the creditor's rights, but also protects the debtor's interests.
The member countries of the International Monetary Fund applying for reserve loans are
Unconditionally, it can be withdrawn automatically without paying interest.
Reserve share, also known as gold share loan, refers to a member country borrowing from the IMF (purchasing in local currency) by reserving part of the amount in its fund account. That is, after the second amendment to the loan agreement 1978, in which member countries apply for no more than 25% of their shares, came into effect in April, it is enough for member countries to withdraw 25% of SDR and designated foreign exchange, so it is called reserve tranche. It is unconditional and free for member countries to withdraw this part of the loan, and it does not need approval and does not charge interest. Because this part of the loan is equivalent to extracting the original share paid by the member States.
The International Monetary Fund (IMF) was established in Washington on February 27th, 1945 according to the IMF agreement signed at the Bretton Woods Conference in July.
Can I use the fund to apply through ICBC e-banking?
You can handle fund business through online banking and mobile banking. The specific types of funding are as follows:
1. online banking: only 8 bond funds of ICBC Credit Suisse, Huitianfu and Guangfa Fund Management Company support pledge;
2. Mobile banking: Only T0 fund (ICBC Tianyi Express) can be pledged, the money will be received, and ordinary fund redemption will be initiated at the same time. The redemption money will be automatically used to pay back the money after it is received, and interest may be generated during the loan period ~
Tips: Please refer to the page display for specific operation steps.
(The above content will be answered by ICBC's intelligent customer service "Gong Xiaozhi" on October 22nd, 2020/KLOC-0. In case of business changes, please refer to the actual situation. )
Can funds be used as collateral for loans?
Funds can be used as collateral for loans.
Taking China Industrial and Commercial Bank as an example, according to Article 16 of the Measures for the Administration of Personal Housing Loans of China Industrial and Commercial Bank, mortgage loan refers to the loan issued by the lender in the form of legal mortgage with the property of the borrower or a third party as collateral. The following properties can be used as collateral:
(a) the mortgagor has the right to dispose of real estate and fixed objects on the ground;
(two) the right to use state-owned land obtained by the mortgagor according to law;
(3) Other properties recognized by the lender.
The following properties cannot be used as collateral:
(1) Land ownership;
(2) Property whose ownership and use right are unknown or controversial;
(3) Property that cannot be enforced or disposed of;
(4) Mortgaged property;
(5) Property that has been sealed up, detained, supervised or taken other preservation measures or compulsory measures according to law;
(six) other property that may not be mortgaged according to law.
Extended data:
Article 37 of the Guarantee Law of People's Republic of China (PRC) * * * The following properties shall not be mortgaged:
(1) Land ownership:
(2) The right to use collectively-owned land, such as cultivated land, homestead, private plots and private hills, except as provided for in Item 5 of Article 34 and Paragraph 3 of Article 36 of this Law;
(3) Educational facilities, medical and health facilities and other public welfare facilities of schools, kindergartens, hospitals and other institutions and social organizations;
(4) Property whose ownership and use right are unknown or controversial;
(5) Property that has been sealed up, detained or supervised according to law;
(six) other property that may not be mortgaged according to law.