The first day break of Yu heavy industry

The overall performance of three new shares generally, but the organization is strongly concerned about the author: Chan Weihai March 8, Tong Yu Heavy Industry (300185), Da Huanong (300186), Yongqing Environmental Protection (300187) three gem listed in Shenzhen stock market. Although the market continued to strengthen recently, but the phenomenon of new shares break has not eased.　　In addition to the Yongqing environmental protection closed up 21.5%, a big increase, Yu heavy workers reproduced the first day break, closed down 2.44%, and the big Chinese farmers closed only slightly up 1.86%, reluctantly "Bao FA." The first Yongqing environmental protection (300187) is mainly engaged in air pollution control project General contracting services, due to its main business covers emission reduction and energy-saving two major market hot areas, before the market is the most bullish.　　Although the issue price is 40 yuan/share, the issuance of a P/e ratio of more than 81.63 times times, the highest in three new shares, but after the listing is still sought after, the opening of 48.00 Yuan, the highest to 49.44 yuan, the daily share price of the basic in 48 yuan stable change hands, closed in 48.60 yuan, change hands to reach 84.58%. Tong Yu Heavy Industry (300185) has unfortunately become another new day break new shares. The unit opened a decline of 4%, but in the inertia fell to 23.51 yuan, was quickly pulled up, the decline narrowed to about 2%, and the horizontal plate until the closing, change hands only 34.06%. Tong Yu Heavy industry is a new major equipment development and manufacturing enterprises, the main products are MW-class wind turbine spindle, dn50-1600mm ductile iron pipe mold, such as large forgings. Industry fundamentals are actually pretty good, and the first break is a bit unexpected. Its 53.42 times-fold earnings ratio is not too high.　　But the market size of 72 million shares, in the gem is significantly larger. Da Huanong (300186) Although not a break, but it is the only new shares in the new low walk, the day K-line of the stock. Company is a veterinary drug enterprises. It has a 51.16 times-fold earnings ratio, which is roughly the same as that of its peers. The first-day price is also in line with market expectations.　　However, because of the size of the listing also reached 53.8 million shares, the relatively heavy parabolic pressure, the first day to change hands 60.46%. Although the overall performance of the three new shares on the day generally, but from the exchange after the close of the transaction information published, but the agency's strong concern. There are institutional seats in the buying list of three new shares. One of the first break of the Tong Yu heavy work by the organization's biggest concern, there are 4 institutional seats into the list, the total buy amount of about 96 million yuan. Yongqing Environmental protection also has 2 institutional seats in the list, separation first and fourth, the total purchase amount reached about 58 million yuan.　　Da Huanong, although only 1 institutional seats in the list, but still high ranked first, buy more than 30 million yuan. (the author is Shanghai Securities analyst)