Investors Differ Greatly In The Growth Enterprise Market.

The gem index exceeded 2000 points this week, reaching a maximum of 2032 points.

Meanwhile, the daily turnover rose to 85 billion yuan, a record high.

How do investors think of such a hot gem market? Is it a historic opportunity after 2000, or is it hiding huge risks?

Since 2015,

It has maintained a wide range of shocks from 3000 to 3400 points, but the gem index is unique. From the low point of 1429 at the beginning of the year, it has moved upward to 2000 points, reaching 2032 points this week.

However, after a continuous rush, the gem index fell sharply on Thursday and Friday on the two trading day.

So, the 2000 point of gem is a flash in the pan, or a normal return in the long and medium term?

What do you think of the interim trend after the breakthroughs of the gem index? The survey shows that the number of votes chosen for "2000 points is difficult to stand firm" and "2000 points are new starting points are not final" and "unclear" are 441 votes, 504 votes and 215 votes respectively, and the percentage of vote votes is 38.02%, 43.45% and 18.53% respectively.

From the survey results, investors have significant differences in the medium term trend of gem.

It is only 5 percentage points higher than the investors who are looking at the gem. The difference between the two sides is huge or indicates that there will be big fluctuations in the future market.

Investors have different opinions on the long-term trend of the growth enterprise market. Is there any difference in judging the short-term trend of the growth enterprise market?

"What do you think of the short-term trend of the gem index?" the poll shows that the number of votes that will be adjusted substantially, will continue to be strong, and maintain strong consolidation and unclear will be 305, 409, 369 and 77 respectively, and the percentage of voting will be 26.29%, 35.26%, 31.81% and 6.64% respectively.

According to the results of the survey, although the proportion of investors who believe that the short-term growth of the gem is not more than 40%, the proportion of the gem will be about 9 percentage points higher than that of the gem.

Considering that the survey time was Thursday, many investors did not predict the rapid adjustment of gem on Friday.

From the Japanese K-line chart,

The index will directly test the 10 day moving average directly after passing through the 5 day moving average. In the first ten days of February, the 20 day moving average of the gem index will be moved up 10 points next week. The growth enterprise market stabilizes on the 10 day average, or continues to look down for support, waiting for the market to give the answer next week.

In recent years, the gem index has been significantly stronger than the SME board and the Shanghai and Shenzhen board. Is its driving force derived from the growth of the gem rather than the small and medium-sized boards?

As for "do you think the growth of gem is higher than that of small and medium-sized boards?", the poll shows that the votes of "yes", "no" and "unclear" are 360, 633 and 167 respectively, and the proportion of voting is 31.03%, 54.57% and 14.40% respectively.

From the survey results, although 30% of investors believe that the growth advantage of gem is more obvious, compared with more than 50% of investors do not agree that the growth of gem will be more significant.

In fact, from 2011 to 2014, the net profit of gem and small and medium board listed companies can be found. The net profit of small and medium-sized board companies dropped by about 9% in 2011 compared with that in 2011, and 2013 net profit rose by about 7% compared with that in 2012. Net profit of GEM companies was about 6% lower than that of 2013, while net profit rose by 10%.

However, the net profit growth of small and medium sized boards and GEM companies released in 2014 was 15% and 20% respectively.

According to the data in recent years, the performance of gem is slightly better than that of SME board, but the growth advantage is not obvious.

What's more, in the past two years, the merger and reorganization of gem and small and medium-sized boards has prevailed, and to a certain extent, they have increased their performance growth. Therefore, both SME board and gem have failed to show growth advantage.