The implementation of the GEM registration system for new stocks ushered in the first differentiation trend after two consecutive days of rising
The story of "18 Arhats" was finished in three days
The biggest hot spot this week is the implementation of the GEM registration system, and the first batch of new stocks known as the "18 Arhats" debut. After experiencing two consecutive days of big gains, yesterday finally ushered in the first differentiation trend.
Shenzhen registration system soared 42% in two days
On August 24, the launch ceremony of the first batch of companies to reform and pilot the registration system on the Growth Enterprise Market was held at the Shenzhen Stock Exchange.
The first batch of enterprises under the GEM registration system, known as the "18 Arhats", are on the stage. They are: Weikang Pharmaceutical, Jinchun, Mengtai High-tech, Jieqiang Equipment, Haichen, Tianyang Technology, Huisheng Bio , Eurotel, Kangtai Medical, JMT, Shengyuan Environmental Protection, Anker Innovation, Dahongli, Nanda Environment, Caper, Blue Shield Optoelectronics, Meichang Stock, Fengshang Culture. The total amount of funds raised by 18 companies reached 20.06 billion yuan, of which 9 companies had IPO funds exceeding 1 billion yuan.
Kangtai Medicine rose 28 times during the intraday market, and the demonstration effect became the hottest topic in the market. The other 17 new stocks all rose sharply at the close, of which 10 new stocks rose more than 100%. The Shenzhen registration sector soared nearly 42% for two consecutive days. In three days, doubling stocks abound.
Yesterday's late trading, the sector finally ushered in a trend of differentiation, except for 4 stocks floating infrared, the rest of the stocks all fell to varying degrees, 9 stocks fell between 10% to 20%.
Amplify profits and losses at the same time
At the opening of the market on August 24, "Leader" Kangtai Medicine rose rapidly around 14:51, and the rate of increase on the day quickly expanded from 800% to over 2000%. By about 14:55, the stock price had soared to 308 yuan, an increase of 2934.5%, which is more than 28 times.
Subsequently, Kangtai Medical's stock price plunged rapidly, rising by 1061% as of the close, closing at 118 yuan. From a big rise to a big fall, it can only be done in a snap. Someone posted pictures of high-level sales. There were indeed a handful of transactions at the high level of 300 yuan.
If you buy at the highest price of 308 yuan, the loss at the close will be as high as 61.69%!
A reporter from the Beijing Youth Daily noted that the three-day turnover of 18 Luohan reached 78.2 billion, accounting for 10% of the three-day turnover of the ChiNext. You must know that there are 846 stocks in the entire ChiNext.
Stocks will be polarized
Some people in the market believe that such a huge increase in Kangtai Medicine is likely to be a "one-step" approach, which will seriously overdraw the future. After the GEM registration system, for funds that use short-term "boarding" as the main strategy, the new rules cannot be ruled out to the extreme.
There is no limit on the stock price of newly listed companies for the first five trading days, and the 20% rise or fall of the GEM will restrain the momentum of the stock's continuous daily limit. The funds that were previously dedicated to "playing the board" are bound to change the trading strategy in the future, otherwise it is easy to vomit blood when eating noodles.
For ordinary investors, in the era of registration system, the phenomenon of stock polarization will become more and more serious. Good companies, especially stocks labeled as A-share "core assets", may continue to rise even if the price is high. ; And junk stocks will keep falling.
Related
The three major A-share indexes closed down yesterday
Yesterday, the three major A-share indexes collectively closed down. The Shanghai Composite Index fell 1.30% to close at 3329.74 points; the Shenzhen Component Index fell 1.76% to close at 13,428.40 points; the ChiNext Index fell 2.13% to close at 2644.14 points. The turnover of the two cities reached 978.5 billion yuan. A small net outflow of 1.177 billion yuan in northbound funds yesterday.
The first batch of new stocks under the GEM registration system diverged yesterday, with a decline of over 9% in the sector, ranking first among the major sectors. Of the 18 first batch of GEM registered stocks, only 4 were red. Many stocks fell more than 10%.
Guangzhou Bandung said that the current weakness is to keep the market pace in line, otherwise the index will pull each other, and the market will not go far or go well. The market is resetting, and the market is restarting. After the market outlook needs to be adjusted in place, the index is expected to resonate upward again.
Soochow Securities believes that the market as a whole is still in a turbulent stage, and this week is still a period of intensive disclosure of the interim reports of listed companies. It is necessary to prevent the risk of performance below expectations. It is recommended that investors control their positions and continue to pay attention to products with high performance certainty, such as food. Beverages, consumer electronics and securities companies, etc.
This group of articles / our reporter Liu Shenliang