Gem 20% Equity Premium less than 10% to meet the broken mmmm

-Our reporter Liu Xinglong into the May, the overall market value of the gem only appeared a small reduction, but the market volatility is intensifying, especially the new round of the broken mmmm also came, there are currently 8 stocks below the IPO price. 20% stock Premium is lower than 10% since 2010, the first-tier market high price and high P/E dual-high phenomenon presents a growing trend, and accompanied by a weak adjustment of the market, break phenomenon has emerged.　　As early as February 2010, star model and other stocks have been broken, after several months, as of May 7, the gem again has 8 stocks below the IPO price. Break stock from January 8, 2010 to April 30, are the new shares this year. There are two main features: first, a high price issue, the average starting price of 8 shares to 72.82 times times, the initial prices averaged 47.79 yuan; the second is the lower first day, 8 stocks on average only 22.97%, of which the highest stake in Warburg is 42.51%, and the lowest Ningbo gqy only 5.02　　%。　　Market participants said that the gem is a common high price issue, overvalued valuations have been overdrawn their own growth, and the current market sentiment is low, the funds face tight, investors to fry new enthusiasm is not high caused by the "diving" market. From the current situation of the gem, the break phenomenon exists the possibility of expansion. In addition to the 8 already break stock, the premium rate between the equity and the offering price is less than 10% and 8, which accounts for more than 20% of the total.　　Among them, the digital governance closing price of 54.52 yuan, compared with the price of 54 yuan only 0.96% higher. The market value of a slight decrease of 3.2 billion yuan this week in the market led by blue chips, Shanghai and Shenzhen stock index plunged, continuing the trend of correction.　　However, the gem performance during this period is very excellent. Statistics show that the gem 78 stocks May 7 closed market value of 349.369 billion yuan, compared with April 30 352.572 billion yuan to reduce the 3.203 billion yuan, the market value of the decline of only 0.91%.　　And the same period Hu fell 6.35%, Chengzhi decline of 9.1%, the SME board refers to the decline of 1.55%, compared with the gem obviously against the decline. Although the overall market value has remained stable, but the performance of the gem is divided. Dayu water-saving, le Pu Medical and Shanghai Kai Bao is the week's increase of more than 10% of the three stocks, are listed before January 8, 2010, while Ningbo gqy, Warburg shares, bi-water resources fell more than 10% this week, they are just in April landing gem.　　From the above comparison can be found that the decline in the IPO has become a prominent feature of the recent gem. Since March 19, the gem has a total of 20 new shares listed, of which 17 stocks have been negative cumulative gains. These 20 stocks have averaged a 15.47% decline since they were listed. Ping ' an shares "diving" the fastest, the stock April 27 on the first day of the listing closed at 102.61 yuan,Shares fell 30.08% in just 7 trading days, and the closing price of May 7 was only 71.75 yuan.