Category: Money tips Release Date: 2007-06-05
CAMC prospectus a letter of intent was officially unveiled yesterday, which not only marks the formal resumption of IPO also means that new from the old, full circulation era, which will inevitably bring new A-share market changes.
For the new changes, different market participants from several different viewpoints have different interpretations. However, it is with so many points in common: First, the cash purchase of new shares will mean that A-share market will in turn form a spectacular Weiwei market purchase Yaohao army of new shares in the success rate is very likely continue to record low; Second, the mechanism is very likely IPO Inquiry makes an issue price of the market will fully reflect the intrinsic value of companies to be issued, allowing the secondary market opening price or the new stock market pricing and an issue price difference will be greatly reduced.
Moreover, because of new shares inquiry, initial public offerings, IPOs there is a certain period of time, sometimes reach more than two weeks, and if during this time period, A-share market plunge due to certain factors occur, then the not rule out part of the new shares will appear below the issue price phenomenon.
Thus, in the future full circulation distribution process, the myth was broken unbeaten shares will further enhance the probability, which means that new shares is not Yaohao multiple profits. Needed on the issue of business intelligence, market trends before and after the inquiry for a judge, or very likely to be hard-Yao Hao and lucky winners, but did not receive the issue price and listing price difference between the contrary, the phenomenon of loss.
Because of this, insiders pointed out sharply that the process of Yao Hao shares in the future, also need to have a pair of eye. That's good, investors issuance of new shares arising from the incremental assets in the issuance process can be studied in advance, so also means that if the issuance of enterprise actually has to be unique, then, in a market did not in the ballot, but because the secondary market, a market opening price and the issue price or less, but can buy in the secondary market calm.
It is noteworthy that in the secondary market only heard great success investing in stocks investors have never heard of playing the market due to a successful IPO and investors. So, with research capabilities, determine the ability of investors, the main battlefield in the secondary market should still dominated.