China News Agency, Beijing, August 24th (Reporter Chen Kangliang) On the 24th, China's A-shares strengthened and the four major stock indexes all rose. Among them, the ChiNext, which ushered in the first batch of new stocks listed under the registration system, rose sharply, and the ChiNext index recorded a nearly 2% increase that day.
As of the close of the day, the Shanghai Stock Exchange Index reported 3385 points, an increase of 0.15%, with a turnover of 345.7 billion yuan (RMB, the same below); the Shenzhen Component Index reported 13,666 points, an increase of 1.4%, with a turnover of 551.4 billion; the small and medium board index reported 9212 points, an increase 1.71%; ChiNext index reported 2684 points, up 1.98%.
Li Xing, an analyst at Yuekai Securities, said that today the GEM has ushered in the first batch of new shares listed under the registration system, and the entire GEM has also ushered in new trading rules. The biggest highlight of the new trading rules on the GEM is the relaxation of the price limit. The price limit for auction transactions will be adjusted from 10% to 20%. At the same time, there will be no price limit for new shares five days before listing. Consistent. The relaxation of price limits is expected to improve the pricing efficiency of the ChiNext and increase market activity. In addition, the capital threshold for opening a new GEM account is 100,000 yuan, which is only 20% of the threshold for opening an account on the Science and Technology Innovation Board. The GEM will welcome more investors to participate.
On the same day, the first batch of 18 new stocks listed under the GEM registration system performed brilliantly. They rose sharply at the opening, and finally ended in red across the board. Among them, based on the closing gains, the stocks with the largest gains have risen by more than 1,000%, and the smallest gains have risen by more than 40%. Many of the “old stocks” on the ChiNext under the new trading mechanism also recorded a new “daily limit” of 20%.
According to media statistics, the above-mentioned 18 newly listed companies are mostly small and medium-sized companies with market capitalization. The average capital raised for this listing is 1.12 billion yuan and the average issued market value is 6.1 billion yuan. In terms of different industries, high-end equipment, technology, and pharmaceutical companies account for a relatively high proportion. (Finish)