Financials Nov 27, 2021 08:39 AM (GMT+8) · EqualOcean
Financial Associated Press, November 27 (Xinhua) -- according to the data, as of November 26, a total of 353 important shareholders (shareholders and senior executives holding more than 5%) of Listed Companies in Shanghai and Shenzhen had a cumulative net reduction of 827 million shares in the secondary market, with a total reduction of 17.7 billion yuan. Among them, the net reduction of important shareholders of 50 listed companies exceeded 100 million yuan. Industry experts believe that there are many reasons for shareholders' reduction, and investors should treat it rationally. Affected by the epidemic, some enterprises, out of the need to resume and expand production, have reduced their holdings to enrich cash flow. It is reasonable to reduce their holdings at a high level. At the same time, some institutional shareholders such as private equity funds belong to financial investors. After the reduction, the funds will return to the multi-level capital market system, which is not the cash out exit that investors are worried about.