ST is the abbreviation of English Special Treatment, which means "special treatment". ST shares refer to the stocks that domestic listed companies have suffered losses for two consecutive years and have been warned of delisting risks. Stocks with st logo are specially treated stocks, and the risk of buying such stocks is particularly high, because the company may withdraw from the market and take off its hat at some time.
Stock is the ownership certificate of listed companies, listed companies will obtain funds by issuing shares, and investors will also buy shares; Then earn the difference by predicting the rise and fall of the stock. One of the characteristics of stock is that the price is unstable, but the stock price will not always be in a state and has certain social elasticity.
Stock anomalies mainly refer to two situations: first, the audited net profit of listed companies in two fiscal years is negative; Second, the audited net assets per share of listed companies in the latest fiscal year are lower than the par value of the shares.
From the historical experience, ST company has always been a hot investment spot in the market when the annual report is published, including not only the value opportunities brought by the return of the main business to normal, but also the trading opportunities brought by the removal of the hat, and even the phoenix nirvana myth brought by the potential major asset restructuring.