This week's market is small yin and yang, the hot spot of the market still revolves around IPO and delisting, which is actually the entrance and exit of the stock market, these two passes involve both the supply and demand of the stock market, and also involve the rectification of the market.
The entrance to the market, an important sign this week is: the Shanghai and Shenzhen stock exchanges have begun to work after a break of nearly three months, and the announcement has been posted, and the market has increased its attention to the companies at the meeting due to the long break. The two cities review the company according to the new standard, and the various sectors are also different, the entrance threshold of the main board and the gem is appropriately raised, and there are new requirements for profitability, and the science and technology innovation board improves the pure color of the scientific and technological content, the standard is one thing, and the control of the next review is another. The issuance review meeting of the Beijing Stock Exchange is still resting, because all companies on the Beijing Stock Exchange have passed the registration this week, the new stock listing that has been suspended for two months may be opened immediately, and the 920 plate may be about to start.
Can you think so, in the past few months, IPO from the rules to the review, stacked off a number of inferior companies that want to break through, and then good companies shine on the stage, these months are the process of dividing the old and the new, the primary market after such a rectification, the next listed company will be a company with good performance, good growth and can give investors good returns, if this logic is true, then the market will be good! This is a good wish and expectation, but it will take three or five years or even longer to see if it becomes a reality.
No matter what the original foundation of a company is, a very simple fact is that as long as the IPO is successful and the company gets the money, even the original crumbling company will come back to life. There are many such cases in the stock market, but there are also many companies, the original IPO relative to a patient into the ICU, saved, but not long still towards the point of no return, how long is this life cycle, there are 10 years, 8 years, now this life cycle seems to be constantly shortening, the first fiscal year of the listing on the loss is a bad sign, this period is actually the redistribution of wealth, fat a group of people, In the end, a group of people were killed.
The stock market needs to spit out the old and absorb the new, those zombie enterprises and black sheep are not only a harm to the market and investors, but also a damage to the market image, and a group of zombie stocks hanging on the disk is also a waste of capital market resources. Remove those zombie enterprises and black sheep from the market and win the support of the majority of investors. However, it is not enough to clean up, but also to make those black sheep pay the price, only in this way can the interests of investors be protected. This is a very important task in the rectification of the export customs of the stock market.
Recently, do you think that there are more stocks below 1 yuan, according to the rules, 20 consecutive trading days below 1 yuan have entered the delisting stage. The problem now is that the actual controller of some companies chooses to take the initiative to lie flat and let the company enter the delisting process, which is actually a harm to investors. These major shareholders raised money in the IPO, and their original shares were listed and made a fortune, and now they are allowed to fall to the delisting, which means that they fade out of the fair sight to avoid the regulatory system and land safely, and then buy the stock back for a few cents, and the company is still in their own hands, but the computer symbol called the stock has been withdrawn, which is worth paying attention to.
The stock market is still moderately small yin and small yang, and there are many opportunities to win the price difference from the ups and downs of individual stocks. At present, the changes in the entrance and exit gates of the stock market deserve the attention and attention of investors, and it is worth paying attention to in the market in the near future to grasp new opportunities at the entrance and not to be hurt at the exit gate.
The author of this article, Mr. Ying Jianzhong's course "Investment and Financial Management", has been settled in the member service area of "Yicai Knows", click on the "
Author: Ying Jianzhong
Editor: Xu Jinhua
Producer: Wang Junji
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