How should retail investors deal with stock delisting?

With the continuous reform of delisting system in the A-share market, the survival of the fittest of listed companies will be inevitable, and more stocks will be delisted in the A-share market in the future. However, it is easy for investors to step on stocks with sudden changes in performance, so many new investors will ask this question: "What about our retail investors' money when the stock is delisted? "

In fact, the withdrawal of stocks will give retail investors many opportunities to withdraw. We suggest that retail investors encounter such stocks, the sooner they quit, the better, and the later they quit, the worse. At present, there are several steps to delist from the A-share market: First, if a stock is risky, the main board market will give it an st logo, and GEM stocks will issue announcements continuously, telling you not to buy such stocks as much as possible. It is dangerous now. It's time to quit. Stop loss is still necessary.

Step 2: If you continue to hold this ST stock, but still lose money, or even have a bigger crisis and problems, it will be suspended from listing. During the suspension period, the stock cannot be traded. If listed companies can turn losses into profits or be listed by other companies, they can still return to the market. If you still lose money, or you can't find other companies to borrow money, you will enter the delisting mode.

The third step, before delisting, there will be retail transactions in the last month. Retail investors can sell or stop loss, and the price is definitely beyond recognition. Anyway, figure out how much you can get back. Of course, if you have a large number of such delisted stocks, and no one is willing to take over in the last month, then you can only transfer your stocks at a lower price in the SME share transfer system. You can't sell much money at this time.

Step four. Stocks delisted from the main board and GEM can only be traded in the third board market. You can trade three boards at least once a week. At this time, retail investors must go to the securities company to open a three-board trading account, so as to ensure that you can trade. Of course, the stock returns to the third board, as long as the company is not bankrupt and liquidated, you are still a shareholder. In short, after delisting, retail investors are still shareholders, and money is still shares. Only after bankruptcy liquidation, the shares disappeared and the money was penniless.

Under normal circumstances, when stocks are delisted, retail investors can only admit that they are unlucky, but in some special circumstances, shareholders can demand compensation from listed companies. For example, your stock is delisted due to irregularities, insider trading, performance fraud or the listed company's own mistakes. Then shareholders can get back some of the losses through appeal. But this process is too long and complicated, and few investors can get compensation.

Some new investors may ask, how can we avoid buying delisted stocks? On the one hand, don't spend all your money on one stock. What if you step on a mine? At the same time, investors should buy blue chips as much as possible, not ST stocks or underperforming stocks. Of course, blue chips are not bought without principles. It depends on whether the stock index has fallen to the end. Only when blue chips are squeezed out of water and have great investment value can they be bought.

On the other hand, don't borrow money to stock, and don't help people to stock. In this way, even if you buy blue chips at a high level, you can wait until the next bull market comes and the stock market rises, and retail investors will always turn losses into profits by buying blue chips. And if you add leverage and buy bad stocks, the risks behind it will be infinitely magnified. Because, once the stock market bears, poor performance stocks and ST stocks fall even more fiercely.

Related questions and answers: st vanadium-titanium stocks are suspended, what should retail investors do? St vanadium and titanium stocks are suspended, and retail investors cannot buy or sell them.

However, if the company exits the share transfer system, users can sell it.