Circle Money behind break Tide 16 new shares 8 break

Xiao Qing Li Yanling into the new year, a-share market further into the doldrums.　　And new shares are beginning to appear dense broken mmmm.　　As of January 17, among the 16 new shares that have been listed this year, break shares have reached as many as 8, accounting for up to 50%, or half of new shares to join the "break" army. In 8 break new shares, gem new shares as many as 5, the SME board has 2, the motherboard has 1, respectively, for the Home Po (300155.SZ), Zhendong Pharmaceutical (300158.SZ), source Oil (300164.SZ), Pioneer (300163.SZ), show strong shares (　　300160.SZ), Hilimeda (002537.SZ), West Pump Shares (002536.SZ) and Sinovel Wind power (601558.SH).　　and statistics show that 2010 the two cities a total of 349 new shares listed, of which the first break of the stock has 26, the whole year break rate is only 7.44%.　　In addition to the depressed market conditions, such a high break rate or the issue of new shares widely criticized the "high price", "high fund-raising", "high P/E" brings the consequences. Statistics show that since December 2010, the total issue of 40 new shares, the average price-earnings ratio of up to 78.11 times times.　　The top Lehman Photoelectric (300162.SZ) issued a 131.49 times-fold P/E ratio, and pioneer new materials followed the 123.81 per cent price-earnings ratio.　　At the beginning of the year, the listing of 16 new shares, the first day of the average increase of 15.75%, far below the 2010 IPO on average 41.9% of the rise.　　Quite rarely, this year there have even been a fall in the first day of the IPO. January 13, the gem of new products pioneer Plate listed on the first day of trading prices than the opening price fell by 20%, and was SSE implementation of temporary suspension.　　This is the first time since the start of the board due to the fall of the implementation of the temporary stop of the new shares.　　and recall that the first listing of the 28 gem companies, is due to the day of the increase in the plate, without exception to be implemented at least once the plate on the temporary stop. Serial break "The serial break of the new shares means that the market has entered a downturn." This also indicates that the third round of new shares has been broken mmmm since the IPO resumed.　　"Guangzhou Securities analyst Chao Tianmin said. With the 17th a-share market plunge, new shares "break" Army again expansion.　　Listing only the third trading day of the pioneer new materials and the minimum of the current source of oil to touch the bottom 25.20 yuan and 50.01 yuan, below 26 yuan and 51.1 yuan of the issue price, join the "break" army.　　As of the end of the day, pioneer new materials closing price of 24.90 yuan, the price fell to 1.1 yuan, a decrease of 4.2%; and January 7 listed on the first day of the listing of the IPO is a break of the new shares, January 10 listed on the Sea of the United States to become the second only on the debut break new shares this year. Immediately thereafter, the motherboardSinovel wind power, show strong shares of the first show also successively break.　　Statistics show that, Hilimeda, Huarui wind power, show strong shares on the first day of the market closing price of 2.65%,-1.6%,-9.59%,-4.06%.　　So far this year, the deepest decline of sinovel wind power cumulative break rate has been as high as 17.34%, and the shares of Hilimeda, the show strong share of the decline also reached 10%, 14.33%, 10.31%.　　Chao Tianmin that in the market downturn, because the applicants wait-and-see sentiment is more strong, the new stock is often higher, and high rate of the check will bear the break risk.　　Statistics found that the first day break more than 5% of the new shares have a typical "three high" characteristics, that is, high probability, high price, high circulation market value. For example, the most serious break in sinovel this year, from the time of the purchase, Sinovel has only 49 placements under the network, while the goldwind listed 324 institutions involved.　　In addition, Sinovel online purchase 2.98% high rate is also four months to the highest in the Shanghai IPO.　　Earlier, the gem first round of broken mmmm concentrated in 2010 5-July. May 20, 2010, Otis shares and Jin Sheng shares (300083.SZ) were on the day of listing below the IPO price, of which the shares of the oak declined as high as 9.9%.　　Immediately thereafter, May 26, 2010 Canchi Pharmaceutical (300086.SZ), June 25 new Daxin (300080.SZ), July 8, National Union Aquatic Products (300094.SZ) and so on the first day break.　　Wind statistics show that 2010 5-July, there have been 19 new shares of new companies on the first day of the market close below the IPO price, and more than 20 companies in the 10 trading days after the listing has fallen below the IPO prices. A new "shot in the middle" and a series of new equity breaks have taken a battering in the capital, including institutions.　　Some investors are joking, break of the new shares is like "in the gun." Sinovel, in particular, has been wiped out by an almost 10% drop in the first show.　　The closing price of 81.37 yuan on the first day of listing is compared with the price of 90 yuan, which means that the person who has not sold the ticket at the same date will lose nearly 9000 yuan each. Its network under the distribution shows that the number of million shares in a total of 11 institutional investors, in addition to a brokerage account, the two are Social Security fund accounts, the rest of the total risk accounts for a total of 11.4312 million shares accounted for 54.43%. Among them, the largest number of CITIC securities for the account, reached 1.0862 million shares. The Tai Bao's total of 7 placements were allocated 1.0345 million shares. The National Social Security Fund 601 combination and the National Social Security Fund 603 combination also each received 1.0345 million shares.　　In addition, Taikang assets under the Sun Life has been allocated 1.0345 million shares. As of 17th, Sinovel wind power 49 nets under the company's shareholding floating loss has risen to 327.81 million yuan. Among them, 11 main institutions shareholding floating lossUp to 178.441 million yuan. In addition, the big value growth Hybrid fund, the China Sea Solid Income bond Fund, the Yifangda Steady Income bond fund A, the Citic stable double bond fund, the Huaxia Bond fund, the Societe Generale trend mixed fund and so on also participated in the Sinovel distribution, total received 1.51 million shares, the current floating loss more than 20 million yuan, amounted to 23.5711 million yuan.　　Among them, the large value growth, the middle sea income and the steady profit of the side reached 517,200 shares, 310,300 shares and 258,600 shares respectively. So far, the remaining 3 new shares, which have fallen by more than 10% per cent since this year, housing treasure, Hilimeda and show strong shares of 8, 8 and 6 institutions were allocated, the net allocation of the number of allocated to 3.6 million shares, 4.96 million shares and 4.68 million shares, its shareholding floating losses are 17.712 million yuan,　　28.4208 million yuan, 16.8948 million yuan.　　Similarly, for the new group, speculation on the first day also means buying a set. In the first day of the buy billboard, Citic Investment Jinan Lok Source Street Sales Department and state Letter Securities Shenzhen Nine Road securities business, such as five hot money seats appear, accumulated buy 10.5042 million yuan, and Everbright Securities Danyang Zhongxin Securities Business Department,　　China Merchants Securities Shenzhen Yitian tax-free business Building sales department and other sales department in the Hilimeda of the main buy seats, the first day of the IPO total buy 15.2095 million yuan. As of 17th, the closing price of Hilimeda, Bao ' An and Xiu-Qiang shares fell by 3.62, 5.09 and 2.198 respectively, to 7.59%, 12.93% and 6.52% respectively.