Saturday, January 1, 2011
Small investors or temporary disaster workers survey the International Commission temporarily.
Tradable shares in the IPO <P> work the first international (002 051) the day before the madness in the secondary market performance has caused more and more attention and controversy. .Yesterday, the SFC told the Post reporter, is not yet involved in the investigation "in the work of international events", but some market participants said that "the work of international events" alleged violations, regulators should be involved in the investigation. .</ P> <P> set many records in workers </ P> <P> in the international market on the first day workers, the lowest price from 15.50 yuan to 50 yuan once pulled a straight line and eventually down to 31.97 yuan, representing an issue .prices rose 332.03 percent. .Turnover reached 94.05%, the highest since the implementation of T +1 system, the first day of IPO record turnover. .In addition, the stock's volatility, the day of 466.22 percent, also hitting a recent record of the first day of IPO. .</ P> <P> this, the Shenzhen Stock Exchange was the day before yesterday said that the workers listed on the first day of the international high technology is the market trend, does not involve manipulation of stock market price behavior, they will not investigate the incident. .</ P> <P> temporarily involved in the SFC said </ P> <P> China Securities Regulatory Commission is also concerned to accept Post reporters yesterday, said that at present can not determine the share price move up in the work is an international .price manipulation act, the Commission is not yet involved in the investigation. .</ P> <P> but the broker who asked not to be named director of the Institute yesterday to the Post reporter pointed out that the crazy work of international performance, which certainly illegal ingredients. ."And then Ji Jinxiang on the same card, its crazy way of performance and special goes for speculation." </ P> <P> "Ji Jinxiang card" repeat </ P> <P> Guotai Junan introduced the latest report, 1999 10 .28, 2.45 Yuan Ji Jinxiang card to open market, the highest pushed up to 10 yuan to close at 6.2 yuan on turnover of 177.4 million copies (the total size of the fund is only 2 million copies). .But the next day, the fund Jibei suspension, and a ratio of 1:6.5 the punitive Kuomu, and renamed "Jijinyuyuan." .Kuomu not achieve control disk after the main purpose of money, but have to pay Kuomu part of the fund price. .The industry called for regulatory Hai Tong Securities Research Institute, Assistant Wushu Kun that listed companies and regulators in such cases should be a difference. .On the one hand, there is such a large price fluctuations, as a listed company, the public notice should remind investors of the international investment risks. .But the workers did not make any international notice yesterday. .</ P> <P> the other hand, regulators should be involved in investigating whether there is price manipulation behavior. .Although technically difficult to control the manipulation of funds, but Wushu Kun said that the speculative nature of the market has not changed, the capital market is at an important transition period, regulators can not be allowed. .</ P> <P> As for why regulators do not want to take measures, the broker declined to be named director of the Institute about his views, "In a sense, regulators, hoping to see the work of international case .the performance. "he said, in a work to the market shares of international profiteering in the signal. .To the regulators, this is to restore market confidence and attract outside capital into the market a "shortcut." .</ P> <P> the director of the analysis, the day before yesterday morning, most of the ballot in the hands of those who throw away almost all of the stock, but the speculators then began a large scale accumulation. .To the afternoon, the chip is highly concentrated in the hands of speculators, so that turnover of up to 90%. .At this point, speculators began to frantically pulled up the stock price, and finally staged a shock scene. .</ P> <P> jeopardize the interests of small investors </ P> <P> yesterday, the daily limit workers sealed in an international day, Zhong Pan to close at 28.77 yuan, or 3.2 yuan, 28.56 million shares turnover. .Even if the next three consecutive daily limit, speculators still earn huge profits, but the chase medium and small investors may face higher extinction. .Guotai Junan's report said, "Therefore, China's capital market still need to continue to improve and standardize in order to protect the interests of small investors." </ P>.
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