Chapter 267: Crazy Rise, Limit Opening?
On November 2023, the 3rd was the week 5th, and in the morning, Qiantong stock almost opened at the limit. Extreme opening is very rare, after 1990 after A-shares, 33 years, there have probably been several extreme openings................................................................................................................................................................................................................ ..............................................................
What is a Limit Open? Very simply, the Shenzhen Stock Exchange stipulates that the opening price of any new stock cannot exceed 900% of the issue price, that is, the issue price is 10 yuan, and the limit opening price is 90 yuan...............................................................................................................................
The issue price of Qiantong shares is 4.56 yuan, and the limit opening price is 41.04 yuan. In the morning, at the beginning of the bidding stage, Qiantong stock jumped out of 41.04 yuan, if the stock price is opened, this is the limit opening. In the end, the real opening price of Qiantong stock was 38 yuan, which was 733.33% higher...................................................................................................
With such a high opening price, the winning person is naturally rushing to sell, causing it to fall rapidly, only 1 minute, that is, at 9:31, the stock price has fallen to 27.88 yuan, which is a pair, at this time the stock price has been far away from the moving average, Yuansheng went out to buy stocks.............................................................................................................................. In the end, the cost was controlled at 28.30 yuan, which ended the battle of expanding the territory.
Zhang Sheng: "Why is the opening price of A-share new shares so high? ”
Yuansheng: "In the three major stock markets of country M, more than 30,000 new shares have been listed in the past 30 years, more than 8,000 have been listed in Y, and more than 1,000 have been listed in A-shares. Therefore, too few new shares of A-shares are issued, resulting in scarcity and expensive, so the opening is very high. The end result is that after most of the new shares are listed, it must be a long way to go. This is the sorrow of the shareholders, desperately opposing the issuance of more new shares, and as a result, the management has adopted the strategy of issuing fewer new shares in accordance with public opinion, and the opening price must be ultra-high. For example, a community of 10,000 people should theoretically supply 1 catty (500 grams) of vegetables per person per day, which is reasonable, but as a result, only 100 catties per day are supplied. Will the price of the dish be high? ‘’
Zhang Sheng: "Yes, M country has a population of 300 million, and more than 30,000 new shares have been listed in the past 30 years, while we have a population of 1.4 billion, and more than 5,000 have been listed in 30 years. This is human nature, which cannot be changed. Look at Y degree, the total economic volume is only one-fifth of our country, but in the past 30 years, they have listed more than 7,000 new stocks, so their stock market has been bullish for 20 years, and our stock market has always been a bear long bull short, the biggest factor is that it has been using a hungry supply of new shares, resulting in 220 million shareholders to grab a few new shares listed every week, and the stock price is not high! The opening positioning is high, which leads to the fact that they are basically bear stocks, and the bear road is slowly ................"
(Written at night, 17K Novel Network can add words at any time)
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