What is the stock clearing price?

Hello, the share liquidation price refers to the actual value of each share once a joint-stock company goes bankrupt or liquidates. Theoretically, the liquidation price per share of a stock should be consistent with the book value of the stock. However, when an enterprise goes bankrupt and liquidates, its property value is calculated according to the actual sales price, while when disposing of the property, its sales price is generally lower than the actual value. Therefore, the closing price of the stock will be inconsistent with the net value of the stock. The liquidation price of stocks is only used as the basis for determining the stock price when a joint-stock company loses its legal personality due to bankruptcy or other reasons, and it has no significance in the process of stock issuance and circulation.

This information does not constitute any investment advice, and investors should not use this information to replace their independent judgment or make decisions only based on this information.