What does it mean to have an ST and a *ST in front of the stock? What is the difference?

ST refers to the stocks that are treated specially by domestic listed companies. *ST shares refer to stocks that have suffered losses for three consecutive years and have been warned of delisting risks.

1On April 22, 998, the Shanghai and Shenzhen Stock Exchanges announced specialtreatment for the stock trading of listed companies with abnormal financial conditions (English is special treatment, abbreviated as "ST").

Among them, abnormality mainly refers to two situations: the audited net profit of listed companies in two fiscal years is negative, and the audited net assets per share of listed companies in the latest fiscal year are lower than the face value of shares. During the period when the stock transactions of listed companies are subject to special treatment.

Extended data:

If there is an st in front of the name of a stock, it is a warning to the market, indicating that this stock has investment risks and plays a warning role. However, this stock has risks and benefits. If you add *ST, it means that the stock has the risk of delisting, and I hope to be vigilant. Specifically, around April, the financial statements submitted by the company to the CSRC have suffered losses for three consecutive years, and there is a risk of delisting.

Because the daily fluctuation range of ST shares is limited to 5%, it also inhibits the deliberate speculation of the bookmakers to some extent. Investors should also treat stocks with special treatment differently. Specific analysis of specific problems, some ST shares are mainly operating losses, and it is difficult to turn losses into profits by strengthening management in the short term.

Baidu encyclopedia -ST