will be delivered to the new share pricing

The China Securities Regulatory Commission announced on 12th of the guidance on deepening the reform of shares at the same time swtor power leveling, concern Super placement of new shares on the market release of phenomena such as the explanation. Promoting the "Super proceeds" management of capital funds into stocks (eleven-twenty fifths) unit fled to cut meat must regret having sudden boom is not likely in a move investors Gospel: presentationStrong stocks saved swtor credits! Heads of relevant departments of the China Securities Regulatory Commission said the raise was the IPO market-oriented reform of the early super natural phenomenon. From a positive perspective, size and distributors of inconsistency is the IPO is expected in the course of normal, is a listed company and redistribution between the purchase of new shares in the market mechanism of auto-tuning results. "From the perspective of carefully consideredRegulators will prevent abuse of listed company Super proceeds, from systems of internal control and external supervision arrangements, promoting work in this area.����"The official said. Poor network offer high constraints under the official, has released the small company offering price the average purchase multiples 112 times times, Shanghai Board corresponds to purchase multiples of up to 43 times times�� Leading to the phenomenon of partly due to the low percentage of placement under the network, be allocated fewer individual institutions, insufficient to inquiry body constraints. The imminent launch of the second phase of reforms will be improved with regard to these new shares break and promoting risk awareness "break more concerned about the market of new shares. "The official said, break heralds new shares of the myth of unbeaten elimination, in a wayWill facilitate the investor on primary market risk-awareness. New stock market risk further break and level of reality, will be delivered to the new share pricing, helps reduce the irrational behavior of issue links. New stock issue since you started the first round of reforms, by the end of August this year, small and first-day break 15, within 1 month break 43, gem break first-day 5, within 1 month old21. Reflect market-oriented reform of higher earnings for the IPO earnings higher, the official said, currently the IPO price-earnings ratio than before the reform had moderate increase. IPO after the withdrawal of administrative guidance, market price move closer to the secondary market is a necessary response objective. "The important thing is to provide a reasonable market mechanism, allowing the market parties based on self-Willingness to make a judgement, a consensus set offering price. "The official said. (Reported by reporter Zhang Huan edit Ai Jiajing)