A vivid risk education course! Select layer open board has a big rise and fall

category:Finance
 A vivid risk education course! Select layer open board has a big rise and fall


Temporary suspension triggered by multi share decline

After that, the decline gradually narrowed

However, 9:30 continuous bidding began, many stocks began to turn green.

In terms of turnover rate, there is also a significant differentiation phenomenon. The turnover rate of n-share, n-sen-xuan and n-sanyou was more than 30%, and the turnover rate was more than 10%. The turnover rate of n Liujin and nteda was less than 5%.

At the same time, she said, the trading mode of the select layer is different from that of other levels of the new third board, which requires a certain process of adaptation. The short-term fluctuation of the selective market is large, so investors should be more rational and choose the company with good profit expectation from the companys fundamentals.

Rational view of stock price fluctuation

Analysts said that some investors expectations of the new third boards selection layer are too high, and they think that the first day of the selection layer will be at least 200% higher than that of the current first day of listing on the science and technology innovation board. This is not rational and optimistic.

According to our statistics, the average initial PE (in 2019) of the first batch of 32 selected layer companies is 31 times, which is really significant compared with the PE of nearly 90 times of the current science and technology innovation board. But the low price earnings ratio does not mean that enterprises are more likely to become dark horses. Moreover, within the first batch of selected companies, the first PE varies greatly, from 15 times to 90 times

Sun Jinju said that companies with a relatively low proportion of the first day of listing, high participation of public funds and low proportion of allocation, low online winning rate, excellent fundamentals and high popularity are more likely to become hot spots in the market.

Source: Yang Qian, editor in charge of Shanghai Securities News_ NF4425