New rules for gem trading are not broken

Shenzhen urgent notice to prevent the first day of the business News (reporter Liu Ze trainee reporter Yu Yuqing) Much attention to the gem trading rules finally surfaced.　　Yesterday, the Shenzhen Stock Exchange of the relevant person said that the gem, in addition to the first day of the IPO implementation of temporary risk control measures, other trading rules and motherboards are consistent, still apply the existing trading rules. The announcement also disappointed investors looking to the new deal rules.　　Previously, the market widely speculated that the gem may implement new trading rules, including daily price limit 20%, the way t+0 and so on.　　It is reported that the existing trading rules of the Shenzhen Stock Exchange have been formally implemented since July 1, 2006, in accordance with the provisions, in addition to the first day of the IPO, the stock price within a trading day limit of up to 10%, the share trading to take t+1 way ... Analysts said that earlier, because the gem trading rules have not been announced, coupled with various market speculation, which also makes many investors on the gem is full of freshness.　　And this Shenzhen aspect regarding the trade rule's position, not only lets the gem launch not to operate the level the obstacle, also can let the market to the gem the high risk image to have the improvement. In addition, in order to control the IPO risk, the company's official website yesterday also issued on the Gem IPO first public offerings of stock trading monitoring and risk control notice. The notice is as follows: The stock Exchange may suspend its temporary suspension for a period of 30 minutes when the first fluctuation of the shares is at or above 20%, when the first price rises or exceeds 50%, and may suspend its suspension to 14:57 for the first time when it reaches or exceeds 80%. When the stock is temporarily suspended to or across the 14:57, Shenzhen at 14:57 to bid for the collection of the returns which have been accepted during the suspension of the licence and then to the closing set.　　During the temporary suspension period, investors can continue to declare, or can revoke the declaration. In addition, the Shenzhen Stock Exchange also noted that, on the first day of trading through a large number of centralized reporting, continuous declaration, high price declaration or frequent cancellation of unusual transactions such as the impact of the transaction price or the volume of securities transactions of the account, Shenzhen will limit its transactions and reported to the SFC to investigate. "Shenzhen This stance, is undoubtedly for ' stability ' consideration, trading rules to the motherboard return, which undoubtedly greatly reduced the gem risk factor.　　The analysts said. Gem The first batch of companies are more than expected to raise more than 150% of the motherboard impact on the board is still to be observed (reporter Wang Lei trainee reporter Yu Yuqing) gem again exceeded expectations. Yesterday, the first batch of 10 companies initial inquiry officially announced, according to this calculation, the above 10 companies will raise the amount of 7 billion yuan.　　This figure is about 1.5 times times higher than the previous market estimate of 2.8 billion yuan. According to the announcement, the first batch of gem 10 listed companies of the inquiry interval is: Rui de 21.2-25.6 yuan, Shenzhou Thai Yue 47.27-56.36 yuan, le PU medical 26.29-28.77 yuan, South wind shares 24-31 Yuan, Pathfinder 19.82-25.49 yuan, Leme pharmaceutical industry 15.2-17.6 yuan, Han-Wei electronics 26.77-32.13 yuan, Jia Hao ship 20.5-28.7 yuan, Ontario biological 13-17 yuan, Li-Chen 14.4-17.1 yuan. As a result of the inquiry interval ceiling purchase is almost a a-share of iron law, according to this calculation, the above 10 companies to raise funds will reach about 7 billion yuan. Previously, the company announced that the amount of capital raised is only 2.8 billion yuan. That is to say, the first batch of companies will be oversubscribed nearly 150%.　　After the reporter calculates, 10 companies all have the situation of the excess raise. According to the preliminary inquiry result, the Shenzhou Thai Yue because of the high inquiry interval, become the "circle Money" the biggest winner, the highest can be financed 1.78 billion yuan, far exceeding its predetermined 503 million yuan. Despite the fact that Le Pu, which has the highest level of financing, has been relegated to the top of the table, the highest level of medical care can still be 1.18 billion yuan, or more than twice times the number of previous plans. According to calculations, even if the "circle money" of the best ship, according to its highest inquiry to calculate, can also circle 362 million yuan, which also exceeded its expected amount of nearly three times times. The other 7 enterprises the highest financing is: Rui Tak 896 million yuan, south wind shares 744 million yuan, Pathfinder 433 million yuan, Leme pharmaceutical 405 million yuan, Han Wei electronics 482 million yuan, bio-biological 357 million yuan, Li-chen 453 million yuan.　　The top 10 companies can circle the money 7.092 billion yuan, the average super raise two to three times times. The SFC also clearly noted the situation, in view of the possibility of the gem, the Securities and Futures Commission requested the sponsor agencies to the issuer of the collection of funds to continuously supervise and express independent opinion, gem hair Oia Next will be the way of continuous supervision of the letter of opinion, The continuous Supervision Department is reminded to pay close attention to the use of the collected funds in the follow-up supervision, and strictly supervise according to the requirements of relevant laws and regulations.　　On the excess, the SFC made clear yesterday that it could only invest in the main business and establish a strict system of private households.　　Many investors worry that although the gem 10 listed companies do not have a single influence with the market to match the IPO, but the Shenzhen stock Exchange is to take the mode of packaging, 10 shares, the cumulative amount of financing up to 7 billion yuan, this "set effect" is no less than a large-market IPO power. And the recent stock index of consecutive callback, but also with the accelerated promotion of the gem is not unrelated. Because of the general prediction of the first batch of gem will be fried, so the recent surprise account investors unusually enthusiastic. Many people have started to lighten up on the motherboard to prepare to play gem new shares. To the previous motherboard market average level, this purchase may freeze funds are expected to exceed the trillion yuan.　　Obviously, this will have a significant "blood pumping" effect on the motherboard. "There are many factors such as refinancing, large-cap stock issuance and so on, the gem is not the decisive factor." Gem in the end will be the stock market diversion how much money, the impact of how much, still need time test, at least after the end of this week's purchase can have preliminary judgment.　　"A private equity person said. Worth notingItaly, the Securities and Futures Commission has once again sounded a wake-up call to people in the run-up to the gem. "In view of the unstable performance of gem and the high risk of operation, the SFC advises investors to pay attention to the risk factors of gem companies and make prudent investment decisions." "The Securities and Futures Commission said.