Since May, more than 350 A-share companies have disclosed plans to reduce their shareholder holdings by 16% compared with the same period last year.

(more than 350 A-share companies have disclosed a 16% year-on-year increase in shareholder holdings since May)-after surviving the "window period" of financial disclosure, a number of major shareholders and senior executives of A-share listed companies unanimously accelerated the pace of shareholding reduction. On June 8 alone, 17 companies, including Weixing Intelligence, disclosed plans to reduce their shareholders' holdings. According to the reporter's incomplete statistics, since May, more than 350 listed companies have disclosed the reduction plans of their major shareholders, Dong Jiangao, an increase of 16 percent over the same period last year. These companies are mainly distributed in machinery and equipment, electronics, medicine and biology and other industries. In this wave of reduction, the shareholders of the relevant companies show a high proportion of reduction (or even clearance), a number of shareholders "group" reduction and can not wait to reduce as soon as the ban is lifted. "the more common reason for shareholders to reduce their holdings is to make a choice based on their own financial situation and the mismatch between the performance and valuation of the underlying company and the market price." Fu Lichun, founding partner of Yuntai Capital, told reporters that stocks with relatively large share price increases are more likely to trigger the impulse of relevant shareholders to reduce their holdings. (Shanghai Stock Exchange News)