Xinhua News Agency challenge the market shares patient frequently break the bottom line

 Following the January 7
GEM companies housing Bao, 10, small board company listed on the first day of Highly Mita below the issue price since listing on January 13 Sinovel two new shares and the shares opened that show strong break.

Some analysts believe, continue to challenge the market frequently break tolerance bottom line, reflecting the new shares issued

13 days, Sinovel other six initial public offering, the sharp wind power in China Shanghai Stock Exchange trading, shares of other 5 shows strong login GEM stocks. Sinovel issue price of 90 yuan / share, opening to open 3.33% lower, at 87 yuan, directly below the issue price, closing fell 9.59%, to 81.37 yuan. Show strong shares open 2.34% lower, at 34.18 yuan, closing down 4.06%, to 33.58 yuan.

Southwest Securities analyst Zhang Gang said chief strategist, constantly challenging IPO market, patience bottom line, when the market does not recognize, the

statistics show that the current A-share market have ushered in a new round of break damp. January 7 this year, homes listed on the first day treasure break accident, Jan. 10 listing of Highly Metal also suffered on the first day break. Relative to the first day of the break, more new listings are in the market the next day or third day below the issue price.

Press survey found that over the past IPO

broker who asked not to be named, told reporters that the internal staff, the recent break new shares is the inevitable result of the root cause of the He said: Shares 'three high' distribution to the major shareholder, venture capital, intermediaries and other stakeholders have benefited all of issue, and break new shares little effect on them, only by the loss of small and medium investors, China's capital market affected.

some analysts believe that completed the issue of reform need to address the problem of lack of agency responsibilities, the agencies and other relevant stakeholders in the process of listing all the details of the record done, mistakes will be held , thus regulate the behavior of intermediaries.

Central University of Finance and the China Banking Research Center, Guo Tian Yong is that the the constant improvement of the gradual establishment of delisting system,