日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Markets

'Shadow stocks' surge in anticipation of floats

By Li Xiang (China Daily) Updated: 2015-11-21 10:31

Ten of the 28 listings suspended during summer rout will disclose prospectuses next week

Stocks related in some manner to the forthcoming initial public offerings surged in Chinese stock markets on Friday, some by the 10 percent daily trading limit.

The so-called IPO shadow stocks, which refer to shares of companies that are either major shareholders in to-be-listed companies or operate in the same industry as the IPO-bound companies, surged in anticipation of the floats.

The securities regulator said on Friday that 10 of the 28 companies whose IPOs were suspended during the summer market crash will be among the first batch to disclose their IPO prospectuses.

This indicates new share sales will likely start as early as next week. Shares in Shenzhen-based Invengo Information Technology Co Ltd rose 5.44 percent on Friday, extending a 58 percent gain in two weeks.

Speculative investors have been chasing the stock as the company is the third-largest shareholder in Henan Thinker Automatic Equipment Co Ltd, a manufacturer of automatic equipment of high-speed trains, whose IPO next week is among the most-sought-after new shares.

Surging IPO shadow stocks reflect the market's positive sentiment toward the resumption of floats, analysts said.

New shares are considered as almost risk-free as they tend to record high trading volumes that drive their prices up after listing.

Wu Xiaohui, head of the IPO business at accounting firm Deloitte China, said that the A-share market will likely see about 380 to 420 IPOs next year, raising capital up to 260 billion yuan ($40.7 billion).

The resumption of IPOs would pave the way for the eventual introduction of a registration-based IPO mechanism that is being reviewed by the country's top legislature, Wu said.

Analysts have estimated that the 28 IPOs listed in the first batch will likely lock up about 3.5 trillion yuan. But the market consensus is that new offerings are unlikely to change the A-share market dramatically as the summer rout had erased $5 trillion of market value. On Friday, the benchmark Shanghai Composite Index rose 0.37 percent to close at 3,630.3 points.

"The key logic behind a mid-term rise remains intact," Zhang Yidong, a strategist at Industrial Securities Co Ltd, wrote in a research note. "But we keep reminding investors to take risk into careful consideration amid the rise of the market which could face bottleneck when trending up in the future."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美在线观看一区二区 | 天堂中文字幕在线观看 | 精彩久久| 国产精品自拍网站 | 亚洲美女久久 | 亚洲国产精彩视频 | 欧美日韩一区二区在线观看视频 | 中文字幕99 | 亚洲三级在线视频 | 国产在线观看91 | 激情丁香| 91看片淫黄大片 | 九九热精品免费视频 | 日本精品久久 | 日韩一区二区视频在线观看 | 日韩视频区| 美女国产| 青青草在线视频免费观看 | 国产精品久久久久久久久久久久久久 | 91精品免费看 | 不戴套各种姿势啪啪高素质 | 国产精品11 | 青草草在线视频 | 在线成人免费 | 国内精品久久久久 | 高清久久 | 欧美特黄一级 | 国产精品麻豆免费版 | 视色影院| 草久在线观看 | 日韩射吧 | 成人在线观看小视频 | 久久久免费高清视频 | 六月综合激情 | 五月婷综合 | 中文字幕精品一区二区精品 | 国产午夜精品在线 | 欧美在线影院 | 91国产一区 | 亚洲a在线视频 | 欧美一区一区 |