Seeking help.

john wee OP : I've bought suspended stocks for the first time, and I don't have much experience... Can experienced friends teach me?

1025995400 : Just go to Google and ask. This is where people get the most out of the house; asking this is a vain question.

102597866 : Q up for what’s left. Common shareholders q at number 4…sigh

john wee OP 1025995400 : Thank you

101802833 : There is nothing you can do at the moment. The best case scenario, in FRC's case, is to wait for OTC trading to be allowed. This involves FRC being demoted from the ordinary exchange into the OTC exchange, due to it being ineligible to be listed in a normal exchange. Over the OTC, shares can be traded like normal but expect FRC to trade drastically lower than the current 3.51, as many sellers will be looking to sell and write off their losses as quickly as possible.

Worst case scenario is that the suspension remains indefinitely and your money will be trapped forever. This is unlikely in the FRC case since JPM does have a deal to buy over FRC assets and deposits, and once thats completed, there is no reason to continue suspending trade. So the best case scenario detailed above is what you can expect , in a few weeks/months.

john wee OP 101802833 : Understood thank you

jonatan1312 101802833 : If FRC is demoted to OTC, how big is the change to be promoted to ordinary exchange again?

101802833 jonatan1312 : Essentially they will have to be able to conform to the exchange's criteria in order to be listed back. This involves maintaining a certain debt to asset ratio, healthy balance sheets, profitable operations/business etc. But with JPM buying over most of FRC's profitable assets and deposits, it is very very difficult for FRC without these assets to turnaround. About the only way this turnaround can be done is if they get some big sponsor to inject funds into FRC to revive their banking operations and generate revenue and profits on a regular basis so they can fulfill the criteria to be listed back.

Intelligent stock : I'd also like to know how, ask for advice

美股王炸 : According to the current situation, just like the Bank of Silicon Valley before, it will enter OTC trading in the next few days. Currently, the pre-market price limit is over 1 yuan. At that time, the stock price is estimated to drop to one or two cents after opening. The money in the basic account is probably goneI've learned my lessons at the Bank of Silicon Valley, so I'm left with a bit of profit left in this stock, and it seems like it's flying too