北京商报评论：理性看待低价股的投资价值

Group 1 - The number of low-priced stocks in A-shares is currently below 40, marking a year-to-date low and a low point in recent years [1] - The decrease in low-priced stocks is directly related to the continuous recovery of the market, with a shift towards value investing [1][2] - Most low-priced stocks lack performance support, leading to weak investment value, and they are often considered marginal assets in the market [1][2] Group 2 - Some low-priced stocks are fundamentally weak, facing risks of delisting, which increases their investment risk [2] - Low-priced stocks have lower liquidity compared to mainstream investment options, making them more susceptible to price manipulation and extreme price drops during adverse events [2] - The reduction in the number of low-priced stocks does not imply a general increase in their investment value, as many have underperformed compared to the broader market [2][3] Group 3 - There are still investment opportunities within low-priced stocks, particularly those with strong fundamentals, such as certain bank stocks that have previously been undervalued [3] - The A-share market is becoming more stable, but the differentiation among individual stocks is increasing, making it unlikely for low-priced stocks to become mainstream [3]