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Although the overall trend of A-shares is still stable and bull stocks emerge one after another, investors must remain vigilant, be familiar with the risks behind them and adjust their investment strategies in time.In recent years, the supervision of the A-share market has been continuously strengthened. According to the securities law, the stock exchange has the right to give a risk warning to the company when it commits major violations of laws and regulations. This risk warning is usually presented to the public in the form of ST, aiming at reminding investors of potential investment risks. Statistics show that the number of companies that have been ST or *ST reached 76 during the year, setting a record high. Many of these companies have been investigated by regulators for financial fraud or insider trading.

In recent years, the supervision of the A-share market has been continuously strengthened. According to the securities law, the stock exchange has the right to give a risk warning to the company when it commits major violations of laws and regulations. This risk warning is usually presented to the public in the form of ST, aiming at reminding investors of potential investment risks. Statistics show that the number of companies that have been ST or *ST reached 76 during the year, setting a record high. Many of these companies have been investigated by regulators for financial fraud or insider trading.Zhiyun shares: due to financial fraud, it was suspended by ST and resumed trading.Zhiyun shares: due to financial fraud, it was suspended by ST and resumed trading.

Although the overall trend of A-shares is still stable and bull stocks emerge one after another, investors must remain vigilant, be familiar with the risks behind them and adjust their investment strategies in time.Take Zhiyun as an example. Before the resumption of trading, its share price performed well in the market, and investors expect it to rise further. However, with the release of the notice of filing a case, all hopes were dashed in an instant. More statistics show that Zhiyun shares closed more than 420,000 lots in early trading, showing investors' panic and helplessness. In fact, the market is full of vigilance against such sudden ST stocks, because it not only means a short-term financial loss, but also a huge blow to future investment confidence.Tianrui Instrument: Also affected by financial problems, it dropped significantly after the resumption of trading.