Hundred Enterprises Sprint Pioneering board

Yesterday nine o'clock, the SFC began to accept the gem declaration materials. According to the Securities and Futures Commission, about hundreds of enterprises in the acceptance of the first day of application reported materials.　　A spokesman for the Securities and Futures Commission said that the first day of application for the first day in Sunday, mainly to consider the first day of the application of a large number, in order to ensure the smooth and orderly processing. To prevent congestion, the SFC is divided into six groups in the four-storey lobby to receive corporate materials. The SFC has not limited the first day of the sponsor agencies to declare the number of enterprises, but the initial requirements of enterprises are excellent selection of companies.　　According to the sponsor of Qilu Securities, they declared two enterprises from the industry attribute, is the application of High-tech in traditional industries. The first sponsor to submit the material is Minsheng Securities, then Qilu Securities, the Securities and Futures Commission five to accept the group has three groups began to work. Securities people pointed out that yesterday is only a small part of the admissibility, whether the application will be accepted in the following working days to determine. Just declared the material of Ping An securities Xue, said the person in charge, they reported 10 companies in the morning, of which two were withdrawn from the SME, 10 enterprises focused on new materials, biomedicine, modern manufacturing and modern service industries.　　Ping An securities is one of several securities companies that have advantages in SME sponsorship business.　　According to the first day to participate in the declaration of brokers pointed out that the national letter, investment, Ping An three may be declared yesterday the largest number of three brokerages.　　According to the procedures published by the SFC, after receiving the relevant materials from the issuer yesterday, within five working days, the regulatory authorities will decide whether to accept the issuance application and will provide feedback within 20 working days. China Securities Regulatory Commission previously disclosed a survey of the findings that the conditions and intentions of the gem companies have 50 to 100.　　Jipeng, director of the Capital Research Center, said recently that if macro-economic policies do not adjust too much, then the market can withstand the more ideal gem companies should be in the 100~150 home. Correlation analysis industry thinks the gem is afraid to stir fry new, play new is China's capital market has always been a habit, now gem will be subject to speculation has become the most concerned topic. Ye Tan, the famous economic commentator, firmly believes that the gem will encounter a surge and stir fry. Because the gem and the motherboard growth is different, the ratio of P/e difference.　　If the growth of listed companies "City Dream rate" and small stock manipulation combined, there is no doubt that the gem will become the best Republicans stir-fry hotbed. Wu Xiaotiu, director of the Institute of Finance and Securities at Renmin University of China, said: "If the gem has a good risk control mechanism, it can prevent the FRY, such as the adoption of assets freeze to the main investors and other measures." He pointed out that in order to ensure the success of the gem, we must establish a restraint mechanism of shareholder reduction in the gem market, and the act of reducing the large shareholder of the gem to advance notice, to lengthen the time limit of large shareholder reduction of the gem greatly. In addition, to implement a rapid delisting mechanism. "As long as there are irregularities, immediately withdraw the city, after the withdrawal will no longer allow listing." Let those who disclose information in time, growth of good companies active in the cityfield. "Comparatively speaking, it is believed that the gem has a significant majority of the risk of frying," said Zhao, professor of University Economics and Management, that the gem is inevitable.　　First of all, because there is a lot of money on the market, liquidity is abundant, into the gem is normal; second, the gem is not very standardized mature system will also breed some illegal activities. Industry experts generally believe that the growth of good, industry prospects clear and have the core technology of small enterprises in the gem market will be endowed with a huge imagination space, even with the myth of color.　　In addition, its total equity is small, the amount of funds required to control the stock price small, private equity and other "dare to fight" funds, in the capital market staged "Heaven" drama is not difficult, stir-fry will appear inevitable. Investment Reminder 1. The concept of the creation of the idea of gold lost in the previous frequent emergence of the concept stock market, as long as it is stained with the word "venture" shares will be fired into the sky.　　However, with the introduction of the gem, "The concept of" the four words is not a golden brand, only with "high gold content" and "high quality investment" of the concept of venture to stand out. Dongxing Securities believes that the choice of concept stocks should emphasize the "venture capital strength, high level of investment, the main business growth good" three standards.　　The more experienced the venture capital company, the better the historical investment performance and the more reserve items, the greater the possibility of its investment in Gem listing, and the greater the performance of the listed companies. Wanguo that the rankings, investment scale and Management fund scale, project reserve even, at present in the small and medium-sized project has been more active, with some successful cases of the company can focus on.　　such as the domestic venture capital in front of the venture investment enterprises in deep venture invested in 212 projects, including the same continent electronics, science and land electronics, western materials, fortune invested more than 40 projects, including the same continent electronics, extension-dimensional information, Shandong High-tech Investment invested 42, 1 have been listed, there are 3 newspapers, including East China CNC.　　Dongxing securities with each thousand shares of the amount of investment and share prices to measure the value of the concept of venture stocks, the proposal investors focus on water conservancy, power, the power of the broad media, Purple River enterprises, public utility, such as "high gold content" concept of "venture" stocks. 2. Small and medium-sized brokers benefited more clearly the launch of the Gem will make the brokerage directly benefit.　　Because the main exit mechanism of direct investment project is formed, the broker who obtains direct investment qualification earlier will enter the harvest period in the direct investment field. In the initial stage of the gem, because the market capacity is small, the performance of the Gem brings small contribution to the brokerage, but in the next few years with the growth of the gem market, will give the brokerage business and investment banking business to bring sustained and stable incremental income contribution.　　For example, in the securities underwriting, under normal circumstances will be 200 per annum listed, according to each financing 1~2 billion scale, the annual distribution will be in 200~300 billion, which will bring the securities industry underwriting income of about 450 million yuan. While the direct investment business, which has a huge impact on the performance of the securities firm, has greater uncertainty, but securities companies that have acquired the relevant business qualifications earlier will have the advantage of being first-served. For example, Citic Securities, Haitong Securities and GF Securities have direct investment companies.　　Analysts point out that the effects of economic and investment banking will remain stable, and that the effect of direct-investment operations will be more pronounced in 1 years. Founder Securities industry analyst Yang Yanyan said that the second-tier brokerage opportunities more, benefited more clearly.　　The main reason is that its investment banking business is mainly small and medium-sized enterprises. Report of the Comprehensive Sino-New Society