投教宣传｜一图看懂科创板科创成长层证券特殊标识

Core Viewpoint - The article discusses the recent regulatory changes by the Shanghai Stock Exchange regarding the special identification of securities in the Sci-Tech Innovation Board's growth tier, particularly focusing on the "U" designation for unprofitable companies [2][4]. Summary by Sections New Regulations on Special Identification - The Shanghai Stock Exchange has introduced a special identification system for securities to alert investors about specific situations related to the issuer [4]. - All unprofitable companies listed in the newly established Sci-Tech Innovation Board growth tier will have a "U" added to their stock abbreviation [4]. Differentiation Between New and Existing Companies - To help investors distinguish between existing and newly registered companies in the growth tier, the exchange has optimized the display on trading terminals [5]. - Newly registered stocks will have a label "成" with a prompt indicating "新注册科创成长层股票" (Newly Registered Growth Tier Stocks), while existing stocks will have a label "成1" with a prompt indicating "存量科创成长层股票" (Existing Growth Tier Stocks) [5]. Other Common Special Identifications - Additional special identifications include: 1. "D" for companies issuing depositary receipts [6]. 2. "N" for stocks on their first trading day after an IPO or transfer to the Sci-Tech Innovation Board [6]. 3. "C" for stocks during the second to fifth trading days post-IPO or transfer [6]. 4. "W" for companies with differential voting rights, which will be removed once the arrangement is no longer in place [6].