Performance Bogged Down In Mire, ST Shares "Self Rescue Plan"

In textile clothing Of the 7 st stocks in the sector, 3 have launched the self rescue plan, and the stock price has continued to decline after a continuous decline, and funds are beginning to find the prey being wrongly killed in the market.

After the autumn of August 7th, hot summer will gradually leave, but there is a hot topic in China's stock market -- ST shares. The dispute stems from an asymmetric price increase system proposed by the Shanghai Stock Exchange.

In July 27th, the Shanghai Stock Exchange issued the detailed rules for the implementation of the Shanghai stock exchange risk warning Stock Trading (Draft for Soliciting Comments), and made public comments and solicitation to the public until August 3rd. The "opinion" said that since then, the share of ST stocks has shrunk from the current 5% to 1%, while the decline remains unchanged at 5%. The main purpose of the risk warning stock system is to curb the speculative speculation of the underperforming stocks and guide the gradual return of such stocks.

In the textile and garment industry, those ST shares are fully aware of the meaning of "autumn wind, autumn and rain".

The author notes that many companies are struggling to save themselves, but it is undeniable that Spin The ST - shares of the garment plate are facing an unprecedented battle of life and death.

7 st stocks are on the verge of life and death.

"Shanghai stock exchange risk warning stock trading implementation details (Draft)" is just like a "muffled thunder" in the securities market. ST shares continued large area limit, became the two cities to hit the sharp pioneer. In July 30th, of the 128 ST shares, 107 were down, and no ST shares were red. In July 31st, the ST sector plunged 4.04% again, and 96 stocks in two cities were down. In August 1st, ST shares continued to make large scale stops, most of them were three consecutive "one" limit.

ST shares in textile and apparel industry were also not spared: there were 4 ST shares in textile manufacturing, and ST de cotton in July 30th and July 31st rose by -5.04% and -4.96% respectively. ST Miya were -5.01%, -5.00%, ST, Xinlong, -5.06% and -5.08% respectively, ST ST crown were A, respectively, which were two consecutive days' limit. In addition to *ST Dan, *ST Hailong has been suspended, the chemical fiber trading stocks only *ST Ji fiber, the shares rose from July 30th to August 2nd, respectively, -5.17%, -5.06%, -4.92%, -4.74%, becoming the most recent decline in ST shares.

According to the latest statistics of WIND information, the 7 ST shares of the textile and garment industry all suffered losses in the first quarter of this year. Among them, 3 * ST shares (company operating three consecutive years of loss, delisting early warning), *ST Hailong lost 0.17 yuan per share in the first quarter, continued losses in the first half of the year, estimated net profit of about -29328.00 million yuan, *ST Gigi fiber and *ST Dan also huge losses, the first quarter earnings per share were -0.0456 yuan, -0.0024 yuan, *ST Ji fiber in the first half of the estimated net profit of about -4800 million yuan ~-2800 million, *ST Dan forecast net profit of about $10000 million yuan. The other 4 ST shares (the company's two consecutive years of loss, especially processing) are expected to continue to lose money in the first half of the year. Of them, ST has the largest net profit margin, the net profit in the first half of the year is about -2400 million yuan ~-1800 yuan, and the ST German cotton deficit continues to follow, with net profit of about -1200 million yuan and ~-800 million; ST A is expected to have a net profit of about 17 million yuan in the first half of the year and a net profit of about 40 million yuan.

18 quasi stock stocks fall into three difficulties.

In this battle of life and death, there are not only 7 stocks but also 18 quasi stock stocks whose performance is in deep mire, of which 3 companies are expected to lose more than 50 million yuan in the first half of the year. The author notes that reluctantly. Join in The quasi ST camp is due to the three plight of helplessness.