IPO break culprit Jiede agency high inquiry or as the culprit

Source: Internet
Author: User
Keywords Culprit or for the culprit
Tags agency asia-pacific closed high ipo it is listing market
New Year Super 60% IPO break, the agency high inquiry or for the culprit every reporter Liu Mingtao division break! Xindu Chemical Break! Asia-Pacific Technology Break!  5 New listings on the day all break!  This week, 5 new shares on the January 18, this is originally a "to send" day, but become the heart of investors will never erase the pain-open all break, a number of declines of more than 20%. Is this new stock?  Market Uproar!  Investors, however, have to admit that the worst mmmm of new shares in the history of a-share has come. As of January 20, the 21 new shares listed this year have 14 breaks, with a break rate of up to 66.67%.  IPO after the new regulation issued 64 IPO, there are 34 break, break rate of up to 53.13%. Facing the new stock market a "green" scene, investors can not help but want to ask, who moved to play the "cheese"?  In the market, capital, inquiry and many other factors, who is the cause of this wave of the most tragic new shares broken mmmm the culprit?  The most brutal broken mmmm last year, when Kailash shares, the British Fei Tuo first break, who also did not think of "mountain torrents" will be the outbreak. This year, the new shares like eating a "laxative" general, Light is the future break, share prices fell slightly, the opening break, the share price plummeted.  Asia-Pacific Science and Technology, Xindu Chemical industry, style shares, Sinovel wind power, West pump shares, Hai Li, such as the United States fell more than 10% of the new shares are not uncommon.  Dozen new people and institutions have cut meat and fled. The new IPO rules perfect the quotation and placing restraint mechanism in the inquiry process, improve the quantity of the individual institution and enlarge the scope of inquiry. It is not difficult to see that the ultimate goal of the regulatory layer is to standardize the inquiry system and improve the market system mechanism.  However, from the current implementation of the effect is not ideal.  From last November, fuling mustard to today's style shares, the Shanghai and Shenzhen cities have issued a listing of 64 new shares, of which 34 break.  Of the 64 new shares, the price-earnings ratio is everywhere, and the agency's bid has not been effectively suppressed by the announcement of the IPO rules. High inquiry or "culprit" according to the daily economic news reporter statistics, in the institutional network of Inquiry process, many funds, brokerages exist high inquiry behavior.  This week, the reporter will be for investors to comb out the agency inquiry "eight most". The market for the new Xinhua Trust is accustomed to the high inquiry, the agency participated in 44 new shares of inquiry, of which the price of 20 new shares far exceed the average level.  By its focus "attention" the object of a lot of escape but break fate; South fund, Huatai Securities, Hualin Securities, although the number of high inquiry is not much, but they "fancy" the new shares seem to be the "magic mantra" in general, most of the break, it is surprising; as one of the major fund companies in the Bo-time fund, its inquiry level is also not flattering. The price of wild money has finally paid off--small investors have lost heavily on the internet, and the institutions that have managed to put them on the net are facing huge losses. Reporter statistics, whether it is social security, funds, or brokerage companies, many in this roundBroken Mmmm, suffered a book loss. As of January 20, this year, the successful success of the network under the distribution of new shares of the various institutions, the cumulative book floating deficit has reached 133 million yuan.  Among them, the second-board new shares break the most serious, the organization in the SME network under the allocation of shares floating deficit of up to 152 million yuan, and in the gem of new shares on the floating surplus 19.2926 million yuan.  Inquiries are still vulnerable to the industry analysis that the new IPO rules, although expanded the scope of the inquiry agency, but this can not completely solve the problem of high inquiry. Reporter found that in the new regulation just before the implementation of the first board, the issue price is not high, such as fuling mustard, the boss of electrical appliances, day wide fire in the following 25 yuan.  However, from the latest statistical data, there is a trend of increasing the number of inquiry behavior under the network of institutions. It is noteworthy that some organizations have been asking for outrageous prices.  Analysts pointed out that the reasons for the agency's high inquiry, may be expected to other institutions will adopt a more cautious and rational inquiry strategy, so the use of high inquiry strategy to squeeze out competitors to ensure that they can participate in the placement of the lottery.  Industry insiders remind, once this inquiry issue strategy by more institutions to master, then the net inquiry naturally will rise. Recently, Liping, general manager of Shenzhen Stock, said that break is an inevitable phenomenon during the reform of the IPO system.  She therefore called for the relevant links in the issue of new shares must take self-regulatory measures. Perhaps, only to find a better way to inquire, so that the inquiry system more reasonable, perfect, in order to curb the large area of new shares break situation.
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