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股票带帽与摘帽:新规逻辑、真实细节与市场误区_我的网站

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PCG spokesperson Jay Tarriela claimed on Monday that Huangyan Dao is the last remaining point needed to complete China's "iron triangle" in the disputed waters, according to Manila Bulletin.
Tarriela claimed during the National Maritime Council's (NMC) first semester press briefing in Manila that if connecting the Xisha Islands with Huangyan Dao, and Huangyan Dao with the Nansha Qundao, "it will allow China to dominate the entire maritime space of the South China Sea." He claimed that such pattern threatens freedom of navigation in a route carrying a large share of global trade.
In a social media post, Tarriela went further, alleging that if China "militarizes it (Huangyan Dao), the triangle closes and the danger stops being a Philippine problem."
China has never carried out any so-called "militarization" of Huangyan Dao. The latest claim is another victimhood narrative fabricated by certain people in the Philippines to portray the country as being threatened and rally other countries behind its position as freedom of navigation has been a closely watched topic internationally, Chen Xiangmiao, director of the World Navy Research Center at the National Institute for South China Sea Studies, told the Global Times, noting that China's activities around Huangyan Dao mainly involve routine patrols and law enforcement actions by the China Coast Guard to safeguard national sovereignty, security and maritime rights and interests.
China exercises sovereignty and jurisdiction over relevant waters in accordance with law. Even the deployment of law-enforcement forces or necessary defensive capabilities in relevant areas by no means freedom of navigation in the South China Sea would be affected, said Chen.
He argued that the South China Sea remains one of the world's busiest international shipping routes, and normal commercial navigation has never been obstructed by China. What the Philippines calls "freedom of navigation" appears to conflate commercial navigation with its demand that Philippine fishing vessels, coast guard ships, government vessels and even warships be allowed unrestricted access to waters around China's Huangyan Dao.
Last month, the Philippine side organized seven public vessels, three coast guard ships and one fish transport ship, and egged on a large number of fishing boats to illegally assemble in the waters under China's jurisdiction at Huangyan Dao, Jiang Lue, spokesperson for the China Coast Guard (CCG) said.
During this period, three Philippine public vessels - MMOV 3001, MMOV 3005 and MMOV 3017 - ignored repeated dissuasion and warnings from the CCG and obstinately intruded into the territorial waters of China's Huangyan Dao, Jiang added.
The CCG took necessary countermeasures in accordance with the law against the Philippine rights-violation vessels, including verbal warnings, blocking, and shooting water cannons, to resolutely expel them.
The Global Times learned that the Philippines harbored clear provocative intentions in this aggressive intrusion. Its vessel MMOV 3001 repeatedly charged at high speed into the 12-nautical-mile territorial waters surrounding China's Huangyan Dao. On-site footage obtained by the Global Times also shows this Philippine vessel was fitted with anti-collision padding, prepped for anticipated vessel collisions.
Also last month, Chinese foreign ministry firmly rejected and said it will never accept the delimitation of the so-called "baselines of the territorial sea" of China's territory of Huangyan Dao by the Philippines, stressing it is illegal, null and void.
The statement came after the Philippines claimed it has deposited its official nautical chart of Huangyan Dao and its surrounding maritime zones with the United Nations Secretariat.
With regard to the Philippines' illegal and false claims, China's Ministry of Foreign Affairs said in the Friday's statement that Huangyan Dao is China's inherent territory. China has indisputable sovereignty over it and its adjacent waters, and has sovereign rights and jurisdiction over the relevant waters. China has continuously, peacefully and effectively exercised sovereignty and jurisdiction over Huangyan Dao. The territory of the Philippines has been defined by a series of international treaties, and Huangyan Dao has never been a part of it. The Philippines' illegal territorial claim over China's Huangyan Dao is completely baseless under international law, according to the ministry.
Chen said that in fact, it is increasingly clear who is fueling militarization in the South China Sea. The Philippines has continued to strengthen their military presence and activities in the region in recent years. Manila's attempt to smear China's legitimate actions around Huangyan Dao as a threat to freedom of navigation is essentially a political narrative rather than a reflection of the actual state of navigation in the South China Sea.
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二 | ST、*ST带帽不是简单的市场警示标签,是监管对上市公司经营、治理、财务合规性的分层定性。

三 | 摘帽也不等于企业彻底反转,只是阶段性风险解除。

四 | 多数投资者将带帽等同于绝对利空、摘帽等同于确定性利好,这种单一判断会忽略规则差异与企业真实质地,造成跟风踩坑或过早离场。市场两类风险警示标签,底层风险等级完全不同。ST属于其他风险警示,多源于公司治理瑕疵,不触及退市底线。常见诱因包括违规担保、股东资金占用、内控缺陷、持续经营存疑等问题,整体风险可...。

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