Will the board be overwhelmed by the opening of the gem?

Profundity Zhang Wei Securities and Futures Commission announced 20th afternoon, starting from 26th this month will accept the gem issue listing application. 21st, Shanghai and Shenzhen Stock market volume adjustment, the Shanghai Composite Index fell 1.64%, creating the June mid-2,800 to climb the biggest single day decline since.　　So, the gem gate to speed up on the main board market rebound how much impact? As the gem has not yet been established, the SFC first announced the application to accept the listing, so that the market how much feel a little sudden. In fact, investors are fully prepared for this. Gem for many years, the significance of its introduction is well known, conditions for accelerated development is a good thing. As far as the current market is concerned, there are conditions for the gem to mount as soon as possible. The technical preparation of the gem has already been completed, the "Dongfeng" is due to the right market opportunity.　　As the index rebounded from 1664 points to 3,200 points, if the gem is not speed up the gate, perhaps the best time to lose. Stock index all the way up to adjust, will inevitably bring expansion speed. Within a week, the SFC has held three consecutive working meetings to review the IPO applications of 4 companies and initiated audits of public refinancing projects. Management at the same time announced that the opening of the gem to speed up the market is an indirect "regulation" of overheating, help let the Bulls sober mind. Recently, the market has seen a rally "abnormal theory", there are suggestions to adjust monetary policy, but these have not blocked the pace of the rally, 20th both Shanghai and Shenzhen both hit a new high.　　The Shanghai Composite Index fell 1.64% on 21st, not a single one-day decline, but it was the biggest daily decline since the 500多-point rise, which is bound to worry that the rally has gone too far. In this context, the SFC announced that the opening of the gem to speed up more than a few. On the one hand, through the indirect "regulation", promote the steady and healthy development of the motherboard market; On the other hand, the early opening of the gem is a large number of listed enterprises are expected, can better play the financing function of the securities market.　　For the Gem Enterprise, see the main board market IPO financing recovery after the new shares won, certainly hope to seize the current favorable opportunity to go on the market. The biggest negative impact of the opening of the gem to the market is the fear of supply and demand changes in the capital. The current advantage is that the market is sufficiently liquid. While the rhetoric of monetary policy fine-tuning, the money market and bond market yields rose, but the high-level clear stance, will continue to implement moderately loose monetary policy. In the words of foreign banks, "the rebound in leading indicators is not enough to allow the government to tighten monetary policy, but also to wait patiently for further confirmation of the real economic indicators".　　Under such a judgment, the stock market is still oggsford full and is considered unlikely to turn a deep adjustment. From the current progress to extrapolate, the gem launch time or in October. According to the Yangtze River Securities estimates, if the 50 companies listed in the year, the average share capital of 50 million shares, issued shares of 30%, the issuance of multiples of 30 times times, the financing scale will be about 22.5 billion yuan. Compared with the 12 billion-share-scale Chinese architecture, gem-listed companies are "a piece of cake", and 50 companies may not have more than one Chinese building.Through the Chinese architecture announced the IPO since the market "placid", can be seen in the capacity of the large markets, since the super market stocks do not fear, and will not be a lot of entrepreneurial board listing companies and worry. 21st, in the face of the news of the opening of the gem, the Shanghai Composite Index is still slightly elevated, indicating that the market reflects more calm.　　The end of the day the fall, not so much is the growth of the gem to speed up the cause, as the reason for high volatility, the rise of many will eventually adjust. Of course, investors ' worries about the gem are not just the issue of financing. The domestic market is known as speculation of a new preference, even after the IPO restart the first batch of shares also do not let go, not to mention the first Landing Enterprise Board. Gem listed enterprises small size, easy to market speculation, Shenzhen stock has repeatedly reminded the relevant risks. If the gem hype hot Overdo, the main board market activity may be reduced, one is a considerable amount of money "fought" gem, the second is the motherboard due to lack of hot and rising power weakened. Fortunately, the market size of the gem is not large, as the main board market funds will not devote a lot of money, the main board market funds face "blood loss" will not be serious.