Agency 30 billion funds to participate in the inquiry Guilin three gold purchase rate announced today

-Our reporter Rosan will be listed on the IPO first single, three gold pharmaceutical industry won the 19.8 yuan issue expectations, will be 911 million yuan into the bag, more than the proposed fund-raising 634 million yuan higher than 277 million yuan.　　While the issuer and the main underwriter have celebrated their palms, some institutions are inevitably worried.　　Three gold pharmaceutical industry recently issued a notice that the IPO's final offering price of 19.8 yuan per share, according to the issuance of total equity after the earnings per share, the corresponding P/e ratio is 32.89 times times. However, the three gold pharmaceutical 19.8 yuan issue price has exceeded the market expectations, "the current high prices of new shares, three months after the market is difficult to say, perhaps to lose money."　　"Yesterday, a broker in Shenzhen told reporters that they participate in the network under the subscription, the initial inquiry when the price of 20 yuan more than the final set of prices, so there is a subscription eligibility, based on the results of the request for payment."　　The person revealed that they were also quoted in accordance with the ceiling of a price, in the 50,000 shares, so the net when the amount of money on the purchase is about 1 million yuan.　　Prior to that, the three gold pharmaceutical in the 3rd inquiry during the total received no less than the issue price of the total 1.517 billion shares of the effective purchase quantity, the oversubscribed multiple subscription multiples of 164.92 times times.　　In this calculation, the mechanism of the network under the probability of about 6 per thousand, and at least 30 billion yuan of institutional funds to participate in the net effective inquiry. "This price is high, because it is the first listed stock, we are more enthusiastic, then may be rational point." But the price is high, the profit space is also small.　　The broker said.　　For why the higher than "not cheap price" of the inquiry prices, the person said, mainly feel that the first new shares, as far as possible according to the valuation range close to the price of the purchase, the probability of placement is greater.　　Bidding, a small brokerage in Beijing, argues that, now that regulators don't give guidance, the Nets will have a more impulsive impulse to create bubbles, unlike the previous cap on 30 times multiples.　　"Although the risk will be warned of speculative behavior, but after all, such a warning risk of higher costs, the entire market will be involved, the system should also be perfected," the person said.　　A small brokerage in Shanghai also told reporters that they had low prices and did not participate in the online subscription today. "I think the GAO Pao may not be over in a short period of time, and after three months the market results will be more rational." Moreover, even after three months, three gold per share rose by 5 yuan, for the institutions that have been checked, these benefits are not much.　　"The investor said.　　Compared to the institutional participation in the network subscription, the online purchase of some investors rational commendable.　　As early as the first two days of the purchase date, the securities dealers can not wait to send new shares to customers to purchase information, that is, three gold pharmaceutical online purchase of the upper limit of 30,000 shares, the purchase amount of not more than 594,000 yuan.　　In addition, the three gold pharmaceutical online purchase of the minimum number of 500 shares, that is, the need for a minimum of 9900 yuan of funds. "I think the price of three gold medicine is a little high, dare not purchase, want to see million horse cable"A retail investor told reporters. According to the new stock subscription procedures, today's three gold medicine will be the effective application of funds for capital verification and matching number, at the same time the rate can also come out.