What should I do if my new debt is suspended as soon as it is listed?
New debt refers to the purchase of convertible bonds that will be listed soon.
When the general bond fund products were first issued, the issue price was relatively low. At this time, investors who buy newly issued bonds are called new bonds. At the time of purchase, they will choose investors who can buy bonds by drawing lots, which is the so-called lottery. Investors who win the lottery buy bonds at the issue price of bonds, which requires little cost, and then they can get higher returns by selling bonds. However, after the new debt is listed, it will generally not fall below the face value and will hardly lose money, so it will be a new debt.
Suspension of trading (also known as "stopping the listing of securities") refers to the provisions of the stock exchange for regular or irregular examination or review of the securities listed in this exchange. If it is found that a listed security is not suitable for further listing, the Exchange may issue a Notice of Stopping Listing of Securities to suspend its listing.
Trading is usually suspended for a specified time. After the reasons for suspending the listing of securities are eliminated, the Exchange will issue a Notice of Resumption of Listing to resume its listing.
There is generally a prescribed time for securities to stop listing. After the reasons for suspending the listing of securities are eliminated, the Exchange will issue a Notice of Resumption of Listing to resume its listing; If the reasons for the suspension of securities have not been eliminated after the expiration of the suspension period, it is usually necessary to terminate its listing. The suspension and resumption of trading of listed securities shall be reported to the competent authority for the record and announced by the exchange. Different stock exchanges have different suspension situations.
Reason for suspension:
1. When a listed company has important information to announce, such as annual report and interim results report, convening shareholders' meeting, increasing capital and shares, announcing distribution plan, major mergers and acquisitions, investment and equity changes, etc.
2. When the securities regulatory agency believes that the listed company needs to clarify and announce matters that have a significant impact on the company;
3. When a listed company is suspected of violating the rules and needs to be investigated, the length of suspension shall be determined as appropriate.