【中文版】

停牌是什么意思？

停牌是指某只股票在证券交易所内暂停交易的一种状态。具体来说，当某只股票出现重大事项或者需要发布重要公告时，根据交易所的相关规定，上市公司可以申请股票停牌，以便于处理相关事项或公告。

停牌的原因可以有很多种，例如上市公司发布重要公告，如年度报告、半年度报告等，需要对相关数据进行审计或调整，需要时间来处理；或者公司出现重大事项，如股权变动、资产重组、收购兼并等，需要进行核实和调查，也需要停牌以便于处理。

停牌的时间长短因情况而异，有些停牌时间可能较短，几天或者几周；有些停牌时间可能较长，几个月甚至更长时间。对于投资者来说，如果持有的股票停牌，需要关注停牌的原因和时间，以便做出相应的投资决策。

需要注意的是，停牌并不是一种常态，而是因为特殊情况而进行的临时处理。如果投资者遇到持有的股票停牌，建议咨询专业的投资顾问或者相关机构，以便更好地了解停牌的原因和影响，做出更加明智的投资决策。

【英文版】

What does suspension of trading mean?

Suspension of trading refers to a state where a stock is temporarily suspended from trading in a stock exchange. Specifically, when a significant event occurs or important announcements need to be made for a listed company, the company can apply for the stock to be suspended trading in accordance with the relevant regulations of the exchange in order to handle the related matters or announcements.

The reasons for the suspension of trading can be diverse, such as listed companies making important announcements such as annual reports, semi-annual reports, etc., which require time to handle related data adjustments or auditing; or significant events occurring such as equity changes, asset reorganizations, acquisitions and mergers, which require verification and investigation and need to be suspended to facilitate the handling of related matters.

The duration of the suspension of trading varies depending on the situation. Some suspensions may be short-term, lasting only a few days or weeks, while others may be long-term, lasting several months or even longer. For investors, if the stocks they hold are suspended from trading, they need to pay attention to the reasons and duration of the suspension in order to make appropriate investment decisions.

It should be noted that the suspension of trading is not a common occurrence, but rather a temporary measure taken due to special circumstances. If investors encounter stocks that are suspended from trading, it is recommended to consult professional investment advisors or related institutions in order to better understand the reasons and impact of the suspension and make more informed investment decisions.