The middle 10 Sign loses 300! Select layer first day 21 shares break, market makers are muddled

category:Finance
 The middle 10 Sign loses 300! Select layer first day 21 shares break, market makers are muddled


Some investors disclosed to the Chinese reporters of securities companies that this time he won 10 shares of the selected layer of the new third board and lost 300 yuan in the whole day. A market maker said that he did not expect that the first days carrying capacity of the select layer would be so poor that many stocks had not been sold and fell into a muddle. Shenzhen, a well-known new third board analyst is because of the previous too much to say and investors scolded.

In fact, from the closing situation, the innovation layer is worse than the selected layer. The new third board market making index closed down 7.36%, of which 15 stocks in the innovation layer dropped more than 20%, and 28 stocks fell by more than 15%; on the whole, 66 stocks in the innovation layer fell more than 20%. Obviously, the lower than expected performance of the selection layer has made innovative investors aware of the risk, because the issuance price of the first batch of selected stocks is mostly lower than the price before the suspension.

So, after a burst of uproar, is there still a chance for the stock of the new third board?

Today for the new three board new account investors, may be a big shock. One investor interviewed said.

The new third board selected layer opened on the first day, and the stock price performance was far lower than expected. 21 shares broke out, only 10 shares rose, and the biggest increase was only 55.4%. However, four new shares fell more than 20% on the first day.

CICC has said that the first batch of 32 companies in the selected tier have good fundamentals and low IPO valuation. In combination with the previous opening experience of the science and technology innovation board and the growth enterprise market (the average growth rate of the first batch of companies on the first day of the opening of the science and technology Innovation Board in 2019 is 140%, and that of the first batch of companies on the gem in 2009 is 106%), it is expected that the overall performance of the selected layer may be relatively positive. Considering that the first batch of 32 companies have certain differences in industry distribution, company qualification and issue pricing, the first day performance of individual shares may be differentiated. Obviously, the performance of the new third board on the first day was lower than the agency expected.

However, the worst is not the first batch of selected stocks, but the innovative stocks of the new third board. The first days performance of the fertilized layer was lower than expected, and investors fled from the innovation layer in a large area, which led to the collective decline of market making stocks in this sector, and the collective bidding stocks were even worse. The total number of innovative stocks with a decline of more than 20% reached 66, and Yinfeng shares and zero rush ocean declined by more than 50%. The third board market making index fell 7.36%.

According to an interview with Chinas securities companies, many investors have been educated by the new third board. Some investors said that he specially made a sum of money to hit a new select layer. I won 10 lots, but I lost 300 yuan today.

A market maker investment manager from a central brokerage said that he did sell some stocks early this morning, but more of them were too late to sell. The following undertake plate is too small, all fell a little confused. Originally, I thought that the selection layer could let the securities companies breathe a sigh of relief, because there were too many buried before. However, if such a weak market performance continues, it is not conducive to solve the problem of floating losses of market makers. Unless theres a turntable in the back. Said the investment manager.

Worse than to be a market trader is an analyst from a well-known securities firm in Shenzhen. This analyst is a senior strategy researcher, and also a rare one in the market who specializes in the new third board. He had previously said to investors that you can rest assured of the purchase, but only the problem of rising more or less, and the selection layer does not rule out the performance of the science and technology innovation board. The probability of breaking is very low. At the time of large-scale breakout of the selected layer, he was also scolded by investors, saying too much.

The opportunity of the new third board certainly exists, but it may need to wait. Prior to this, everyones expectations for the selection layer were too full, leading to the early rise of some stocks. In addition, the atmosphere of the market was not very positive, so there were many profit margins escaping on the first day of listing. However, the performance of some non market making stocks is relatively good. Analysts believe that after the profit taking out, the new third board may usher in a wave of new opportunities.

According to Anxin securities, from the demand side, the average market value of the selected layer after issuance is about 2 billion yuan. If we want to keep the investment proportion of public equity funds in the selection layer and A-share investment proportion roughly the same, and considering the healthy development of the selection layers annual issuance and financing in the future, it is estimated that the total amount of public funds that the selective layer may need in the next year may reach 10 billion-30 billion yuan. From the supply side, according to the data of the stock transfer system, more than 20 public fund companies have started product design work, and 7 have been approved, of which 5 have been officially established. According to this calculation, if the number of mutual fund products reaches 20-40 within the year, the average total size of each product is RMB 1.5 billion, and if the proportion of product investment selection layer is set at 20% - 50%, it is estimated that the total fund amount of public fund may reach 6 billion-30 billion yuan within one year. In the long run, if the number of public funds that can be invested in the selection layer reaches 50-100 and the investment ratio is set at 20% - 50%, the amount of capital that can be provided by the supply side is about 15-75 billion yuan. Ma Huateng has made a big purchase! The input method used by Chinese netizens has soared by 7 billion yuan. The first share of the registration system on the gem has come: and these new shares are waiting to be issued and shrink by 200 billion in half a year! The worlds largest hedge fund laid off dozens of employees_ NF5619

According to Anxin securities, from the demand side, the average market value of the selected layer after issuance is about 2 billion yuan. If we want to keep the investment proportion of public equity funds in the selection layer and A-share investment proportion roughly the same, and considering the healthy development of the selection layers annual issuance and financing in the future, it is estimated that the total amount of public funds that the selective layer may need in the next year may reach 10 billion-30 billion yuan. From the supply side, according to the data of the stock transfer system, more than 20 public fund companies have started product design work, and 7 have been approved, of which 5 have been officially established. According to this calculation, if the number of mutual fund products reaches 20-40 within the year, the average total size of each product is RMB 1.5 billion, and if the proportion of product investment selection layer is set at 20% - 50%, it is estimated that the total fund amount of public fund may reach 6 billion-30 billion yuan within one year. In the long run, if the number of public funds that can be invested in the selection layer reaches 50-100 and the investment ratio is set at 20% - 50%, the amount of capital that can be provided by the supply side is about 15-75 billion yuan.