The New Rule Of "Seven Heroes" Is Still A Trick.

According to the release schedule, 7 new shares will be issued this week, of which 4 will be on Wednesday. It is worth noting that the new series of new regulations for IPO series have been released recently, which means that "fight new generation" and "stir up new race" need to readjust the operation strategy. On the first day of the IPO, 20% will no longer be suspended, and the trading hours will increase to match the IPO restart. The Shanghai and Shenzhen Stock Exchange will issue a notice on the 13 day to adjust the first day trading mechanism of the IPO.

Compared with the rules issued in December 13, 2013, the difference between the new rules is mainly reflected in the reform of new shares. list First day temporary suspension mechanism, increase the first day trading time and other measures.

According to the notice issued by the Shanghai Stock Exchange on the supervision of initial trading of new shares, on the first day trading mechanism of new shares, the Shanghai Stock Exchange cancelled the requirement that the declaration price of 5 minutes before closing should not exceed 120% of the opening price of the day and should not be lower than 80% of the opening price of the day. The declared price only applies to the "contiguous bidding stage", and the effective declaration price shall not be higher than the 120% of the issue price and shall not be lower than 80% of the issue price and the "continuous auction stage". The effective declaration price shall not be higher than 144% of the issue price and shall not be lower than the 64% of the issue price.

Early year New shares Because of the frequent "second stop", according to the public reports, statistics show that in the 48 new shares listed at the beginning of this year, there were 42 new shares in the first day of the market, "second stop", accounting for up to 87.5%. In order to solve the problem of too short transaction time on the first day of IPO, the Shanghai Stock Exchange's new regulation abolished the second temporary suspension of the intraday stock price when the intraday share price rose or fell more than 20%, and only suspended for 30 minutes when the intraday share price rose or fell more than 10%.

On the same day, Shenzhen Stock Exchange Issuing the circular on improving the first day trading mechanism of IPO, stipulates that the temporary suspension threshold for the first time or 20% of the opening price will be abolished, and the temporary suspension time of the 10% suspension threshold will be adjusted to 30 minutes from the original 1 hours. In addition, the Shenzhen Stock Exchange has made the following two adjustments to the first day trading mechanism of IPO: first, set up an effective declaration price range of no more than 144% of the issue price and not less than 64% of the issue price; declare the declaration beyond the scope of effective declared price as invalid; and two, adjust the set price to the aggregate auction when the temporary suspension is suspended and the closing period is resumed.

Li Daxiao, director of the British Securities Research Institute, pointed out in his certified Sina micro-blog that the adjusted first day trading mechanism of IPO is correct, the rules are designed more rationally, and the transaction efficiency is improved and market manipulation is reduced.

In the face of two new markets in Shanghai and Shenzhen, and several new shares that are being purchased at the same time, how can we strive to win more contracts and sign better? Some investors have shared their investment tips. In the new shares, we can choose relatively high prices, and the winning rate is relatively high. If the amount of funds is insufficient, the "cold door" will be preferred. Due to the existence of the "T+3 day" freeze period, there may be more opportunities for the issuance of new shares after the purchase.