Four new shares will be shot on opening day

Zhang Ying country into the 2011, the first day of the IPO opening is "break" frequency. Yesterday, 5 only landed on the gem of the stock, there are 4 open that break, really so-called "is shot." Statistics show that the beginning of the year to date the listing of 26 new shares, the opening break of the shares on up to 11, break rate of 42.3%.　　Industry analysts said that in the two-tier market valuation level is significantly lower, the level of the issue of the market has not synchronized to decline in the background, the short-term break risk of new shares still exist, the recent participation in the "new" to be cautious. Four into the first day of the opening of the "break" into the 2011, as the market continues to weaken, the first day of the IPO is "break" phenomenon occurs frequently. Yesterday, 5 new landing gem stock, there are 4 open break, break margin are more than 10%, of which the Oriental Letter (300166) fell 13.39%, Dwight Video (300167) fell 14.2%, Wanda Information (300168) fell 12.14%. In the case of tin Rui Instruments (300165), the decrease was 16.68%.　　Statistics show that the beginning of the year to date the listing of 26 new shares, the opening break of the shares on up to 11, break rate of 42.3%. It is also understood that at the beginning of the year so far listed 26 new shares, as of January 25, already 22 new shares into the break situation, the ratio of up to 84.62%.　　But from the public information on the exchange, some of the open break in the new shares, the choice of the first day that "cut meat" fled the organization has shown signs of abating. In yesterday's listing of 4 new shares, there is no body listed on the first day that "cut meat" fled the phenomenon of the machine.　　On the contrary, there are signs of a "bottom up" of institutions, such as the Oriental Letter (300166), which was break in the opening yesterday, which, despite a 13.39% per cent drop in the closing price, has bought 2.092 million yuan in the top five seats of the purchase amount.　　In the current "break" environment, industry analysts said that the recent IPO is still intensive distribution, two-tier market valuation level significantly lower, but the level of the issue of market share price has not yet synchronized decline, in this context, the short-term break risk of new shares still exist, in the near future to participate in the play ""　　Brokerage analysts said only in all the IPO opening break, "dozen new" investors are mostly stopped, some companies have failed to release, or the underwriters to take a lot of their own stock, the next batch of listed new shares in the inquiry to reduce prices, the issue of price/earnings can be reasonable. "Broken" stock or ushered in the "liter" side is the sea water, one side is the flame. In some of the IPO opening is "break" at the same time, some of the early listing of "break" secondary shares are quietly strengthening. Yesterday only two counter market trading board stocks, are the recent listing of new "broken" stocks.　　Among them, January 11 listed Linzhou heavy Machine (002535), a break range of 8%, but after yesterday's trading price has been back to the issue prices above. Exchange publicOpen information shows that Linzhou heavy machine buy the top five in three institutions dedicated seats, total buy 21.58 million yuan.　　November 25 last year, the Lifan shares in Shanghai (601777), the largest break range of 18.41%, but yesterday, a limit, break margin to 9.59%. It is understood that a large area of the stock break, in addition to its IPO price positioning too high, and the market is in decline also has a relationship. Industry insiders said that once the market showed signs of stability, break shares will usher in the chance of a Jedi counterattack, yesterday, two "broken" stocks first rebound on this.　　"Broken" stock recently or ushered in the "liter" machine. These people further pointed out that the break of the new shares in addition to the main itself has to promote the price of the stock return to the strong desire, breaks also give the market to be lower than the cost of the buyer's stake in the buying opportunities.　　For new funds, some of the development prospects of the break stock is relatively strong attraction.　　Although some people are still worried, many break stocks now seem to have a high P/E and a bigger downside, but a sponsor, who declined to be named, points out that the idea is not comprehensive, and that the future performance and share price of the new shares will depend largely on whether the fundraising generates the expected benefits, rather than the past performance. In fact, in the history of the A-share market, there has never been a stock listing forever after the price of transactions under the record, or early or late will return to the top price.