There Is A Soft Spot In The Delisting Mechanism. The Investment Value Of Listed Companies Is Discounted.

Whether there is a gap between the motherboard and small and medium-sized boards, it is essential to improve the quality of listed companies and improve the quality of listed companies.

At the same time, we should also work hard in the system construction. We should resolutely eliminate the market like a listed company without speculative investment value.

Only in this way can we achieve the same pattern of motherboard and small and medium-sized enterprises.

Of course, small and medium enterprises are stronger than the main board in terms of performance and trend, which does not mean that there is no problem.

Small and medium sized companies, because of their small size, are vulnerable to market conditions. These are all short boards that they can't get rid of.

The disclosure of semi annual reports of listed companies has ended.

Revenue grew slightly, but net profit fell slightly.

It is noteworthy that small and medium sized boards and gem continue to show strong growth momentum, which in turn indicates that the Shanghai and Shenzhen main board listed companies have dragged behind.

In fact, not only is the performance, even on the trend, the motherboard is much weaker than the small and medium-sized creation.

Behind all this, there are deep reasons.

The performance of Shanghai and Shenzhen main board listed companies is not as good as that of small and medium sized companies, which is related to the quality of listed companies.

At present, Shenzhen's main board is no longer listed as a new company, although the main board of Shanghai stock market is constantly joined by new shares, relatively speaking, the majority of old listed companies are listed.

As far as the Shanghai and Shenzhen stock markets are concerned, the old listed companies are actually more problematic listed companies, because the growth period is also reflected in their performance.

And small and medium-sized companies, its main characteristics are high growth, and more new listed company, such as the launch of the gem is less than seven years, which is far from the Shanghai and Shenzhen motherboard.

In terms of trend, whether it is

Or gem, the trend is stronger than the motherboard.

The reasons include that the main board listed companies are mainly blue chip stocks. Large plates and hype need huge amounts of capital. In the background of no market, funds are seldom patronized by these large cap stocks.

Moreover, the performance of listed companies on the main board is not satisfactory.

The attraction is not big.

But the small and medium creation is different, the plate is often smaller, is beneficial to the fund hype; the concept or the subject matter is numerous, the "suck gold" ability is strong; the growth is good, can form the support to the stock price.

Judging from the stock market in recent years, small and medium enterprises often become the vane of the market.

Even if there is no market in the market, Chuang Chuang can often get out of the independent market, and the wealth effect behind it can obviously attract more funds to join, and the significance of capital for the market is self-evident.

The author thinks that the above two aspects are the "superficial" reasons for the performance of the motherboard, but what is more noteworthy is that, after more than 20 years of development, some listed companies in the Shanghai and Shenzhen main board have already shown the trend of "aging".

If there is no achievement, there is no need to grow.

Moreover, companies that lose money are everywhere, which is far from being comparable to small and medium-sized businesses.

Further, the stock market of Shanghai and Shenzhen stock market has been running rampant in the stock market or the zombie company. Many listed companies that have no investment value have been living among them. These should be delisting without the existence of a "delisting" listed company, which highlights the loopholes in the delisting mechanism.

On the other hand, it is also related to the texture of listed companies.

A shares listed company has a year of merit two years performance three years of poor performance argument, from 20 years of practice, but it is not groundless.

There are many problems in the Shanghai and Shenzhen motherboards, and the companies with low performance actually highlight the deviation of listed company's checks. This deviation is ultimately reflected in the profitability, anti market risk and competitiveness of listed companies, which is reflected in the entire capital market.