久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
Business / Markets

New IPOs see prices spike up

By Wu Yiyao in Shanghai (China Daily) Updated: 2014-01-29 08:45

New IPOs see prices spike up

A technician inspects coal-mining machines at a Shaanxi Coal Industry Co branch. China's third-largest coal miner raised 4 billion yuan in its IPO on Tuesday, which was only about 40 percent of the company's projections. [Photo by Wang Song / Xinhua]


The share price of Shanghai-listed Shaanxi Coal Industry Co Ltd jumped some 14 percent on the stock's debut on Tuesday, the largest listing since China's relaunch of initial public offerings in December.

Another eight Shenzhen-listed stocks spiked 44 percent from their IPO prices on their first day of trade on Tuesday, the maximum allowed, so trading in them was suspended.

Shares of Shaanxi Coal sold at 5.76 yuan ($0.95) in early morning trading, up 44 percent from the IPO price of 4 yuan, the maximum allowed. The trading was then suspended until 2:55 pm, five minutes before the closing of the day's trading. The shares closed at 4.55 yuan, a 13.75 percent gain.

The rise in price of shares in an IPO can exceed the 10 percent daily limit that applies to older equities after a delay in trading on the first day of their release. Thereafter, they are subject to the 10 percent limit.

Shaanxi Coal, China's third- largest coal miner, raised 4 billion yuan in the IPO, only about 40 percent of its original plan.

About 4.8 percent of the investors who applied to purchase shares in the coal miner's IPO were successful, showing a relatively high level of success and hence lower intentions to purchase its newshares amid worries over declining coal prices and the unsteady profitability of the sector, said analysts.

"Profitability has been affected by the gloomy market, and profit margin has been narrowing since 2011," said Ge Jun, an analyst at Changjiang Securities, in a note.

New IPOs see prices spike up

Ge said the slower-than-expected pace of railway building in Shaanxi may also affect the outflowing of Shaanxi coal products, which may hinder its sales growth.

Spiking share prices of the newly listed stocks has also stirred up controversies over the regulators' decision to restart the initial public offering amid less-than-thriving market sentiments.

"Investors are already quite concerned about the profitability of some of the already-listed companies, especially those from sectors with excessive capacity. The market needs more time and strict regulations to allow poorly performing companies to exit instead of more companies that possess huge uncertainties," said Liu Tao, a stock investor in Shanghai.

Spiking and then rapidly diving share prices of newly listed stocks show the pricing of new shares is not rational. Some stocks have been obviously overpriced, said Liu.

Xiao Gang, chairman of the China Securities Regulatory Commission, said in an internal work conference on Monday that relaunch of the initial public offering was the commission's decision after carefully analyzing market conditions, reported the Securities Times.

Xiao said the commission should not play the role of housekeeper distributing quotas, a move that will not work. It is necessary to recognize the current problems and solve them in the long-term.

The key to solving the imbalance between supply and demand in the stock market is a well-handled relationship between decision-makers and the market, reported Securities Times, quoting Xiao.

The CSI300 of the leading Shanghai and Shenzhen A-share listings gained 0.26 percent on Tuesday. The CSI300 is a capitalization-weighted stock market index designed to replicate the performance of 300 stocks traded in the Shanghai and Shenzhen stock exchanges.

 

...
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    亚洲激情在线看| 凹凸国产熟女精品视频| 37pao成人国产永久免费视频| 成人av毛片在线观看| 精品少妇一区二区三区在线| 国产女同无遮挡互慰高潮91| 欧美国产亚洲一区| 成人一区二区av| 一区二区免费av| 99久久久无码国产精品6| 中文字幕色呦呦| 欧美日韩精品区别| 欧美日韩一区二区在线免费观看| 欧美视频在线第一页| 亚洲视频在线不卡| 亚洲欧美国产日韩综合| 国产午夜福利在线播放| 成人免费在线视频播放| 三年中国中文在线观看免费播放| 亚洲精品自拍网| 欧美牲交a欧美牲交aⅴ免费真| www.欧美黄色| 红桃一区二区三区| www.久久com| 午夜免费福利视频在线观看| 欧美激情精品久久久久久小说| 日韩国产一级片| 人妻av无码专区| 麻豆传媒网站在线观看| 天天做天天爱天天高潮| 久久成年人网站| 拔插拔插华人永久免费| 蜜臀一区二区三区精品免费视频| 不卡影院一区二区| www一区二区www免费| 91精品国产91久久久久麻豆 主演| 欧美大片免费播放| 中国 免费 av| 欧美aaa在线观看| 26uuu成人| 国产欧美自拍视频| 乱子伦一区二区| 日韩视频 中文字幕| 91大学生片黄在线观看| 路边理发店露脸熟妇泻火| 一级黄色片播放| 国产成人一二三区| 男人添女人荫蒂免费视频| 无码熟妇人妻av在线电影| 国产天堂视频在线观看| 大j8黑人w巨大888a片| 男人靠女人免费视频网站 | 无限资源日本好片| 天天色综合天天色| 色戒在线免费观看| aaa一级黄色片| 992tv成人免费观看| 看一级黄色录像| 超碰成人免费在线| 精品国产免费av| 亚洲黄色av网址| 亚洲欧美日韩一二三区| 特级西西人体www高清大胆| 久久久久久久9| av动漫免费看| 久久久久xxxx| 337p亚洲精品色噜噜狠狠p| 97碰在线视频| 亚洲人成无码www久久久| 久久这里只精品| 999热精品视频| 日韩a级在线观看| 日韩视频免费在线播放| 久久久久久久久久久久久久久国产| 国产四区在线观看| 男人添女人下面高潮视频| 日本999视频| 经典三级在线视频| 成人中文字幕在线播放| 中文av一区二区三区| 永久免费网站视频在线观看| 无码粉嫩虎白一线天在线观看 | 欧美三级一级片| 亚洲色图 在线视频| 手机福利在线视频| 欧美国产激情视频| 日韩视频在线观看一区二区三区| 日韩精品一区二区三区四 | 久久久久久久免费视频| aa视频在线播放| 欧美美女性视频| cao在线观看| 天天操狠狠操夜夜操| 日本福利视频一区| 亚洲另类第一页| 男女视频网站在线观看| 午夜剧场在线免费观看| 波多野结衣av一区二区全免费观看| 男人插女人下面免费视频| 亚洲精品少妇一区二区| 天堂在线资源视频| 妞干网在线观看视频| 加勒比av中文字幕| av动漫在线观看| 国产精品av免费观看| 欧美日韩在线观看不卡| 野外做受又硬又粗又大视频√| 一级片视频免费观看| 黄网站欧美内射| 黄频视频在线观看| 久久久久久三级| heyzo亚洲| 特级黄色录像片| 人人干人人干人人| 青青艹视频在线| 国产免费内射又粗又爽密桃视频| 91插插插插插插插插| 看av免费毛片手机播放 | 亚洲国产精品毛片av不卡在线| 91精品一区二区三区四区| 污色网站在线观看| 日韩欧美在线播放视频| 青青草影院在线观看| 一区二区三区四区毛片| 国产精品乱码久久久久| 男女视频网站在线观看| 亚洲一区 在线播放| 亚洲最大天堂网| 国产wwwxx| 九九视频精品在线观看| 精品中文字幕av| 日本福利视频一区| 国产一级大片免费看| 亚洲视频在线不卡| 中文字幕在线视频精品| 污污网站免费观看| 国产一区视频免费观看| 国产91在线视频观看| 国产 日韩 亚洲 欧美| 青青草国产免费| 毛片av在线播放| 久久久国内精品| 国产精品自拍合集| 成年人视频网站免费| av动漫在线免费观看| 国产又粗又大又爽的视频| 天堂av免费看| 乱子伦一区二区| www.69av| 免费看毛片的网址| 免费一级特黄毛片| 18禁网站免费无遮挡无码中文| 日韩黄色短视频| 日韩小视频在线播放| 青青青免费在线| 免费观看精品视频| 日韩一级片播放| 高清av免费看| 日本在线播放一区二区| √天堂资源在线| 欧美h视频在线观看| 老汉色影院首页| 女人被男人躁得好爽免费视频| 精品少妇人欧美激情在线观看| 久久综合久久网| 99999精品视频| 国产又粗又长又大的视频| 中日韩av在线播放| 波多野结衣三级在线| 美女黄色免费看| 欧美色图另类小说| 三级在线视频观看| 51自拍视频在线观看| 日韩一级片一区二区| 少妇无码av无码专区在线观看| 国产在线观看福利| 中文字幕第88页| 伊人免费视频二| 国产www免费| 国产第一页视频| 天天综合成人网| 欧美日韩视频免费| 丰满少妇被猛烈进入高清播放| 一级在线免费视频| 国产又爽又黄ai换脸| av无码久久久久久不卡网站| 欧美成人精品欧美一级乱| 国产三级生活片| 美女扒开大腿让男人桶| 最近免费中文字幕中文高清百度| gai在线观看免费高清| 毛片在线视频观看| aaaaaa亚洲| www.亚洲一区二区| 激情五月宗合网| 久久久久久久久久一区二区| 国产精品第157页| 一区二区三区入口| 青青青在线观看视频| 九一精品在线观看|