The issue price of the new shares is 41 yuan, it has been listed for 13 days, and it has fallen for

Mondo Finance Updated on 2024-02-01

Xingxin New Materials**ListingIn the past 13 days, only the day of listing has risen significantly, and the rest of the time has continued**. TheThe issue price was 41 yuan, and it rose 37% on the day of listing, reaching a maximum of 65 yuan. However, then the stock price has fallen all the way to 44 yuan. Such a move made the previous purchase of the stockCaught in the situation of **. I bought it no matter what day, are at risk of losing money.

Xingxin New MaterialsIt is planned to pass the issuanceRaise funds for:InvestmentsEnvironmental protection solvent products, polyurethane foaming agents, heavy metal chelating agents and other projects, as well as the construction of R&D buildings and replenishment of working capital. During the inquiry, the highest ** received is 80 yuan. In the end, Guosheng ** withXingxin New MaterialsAfter discussion, the issue price was set at 41 yuan, 22 million shares were issued, and the actual funds raised reached 900 million yuan, which was over-raised by 3500 million yuan. Guosheng ** asSponsorsEarned 63 million in sponsor fees.

Xingxin New Materials**Listing11 days, 9 of which showed a ** trend. Although it rose 37% on the day of listing, the highest rose to 65 yuan, but on the third day, there was an 11% plunge and continued. In the whole listing process, there were only 3 days when the ** was selectedBasically, it sold off on the day of listing, and the remaining buyers made a loss no matter what day after listing**. This performance is distressing.

Xingxin New MaterialsIt is an enterprise in Zhejiang, and the number of listed companies in Zhejiang has exceeded 700. Not only is the quantity growing rapidly, but the quality is also highly controversial. Not lessInvestmentsbelieves that even if security companies can be listed, the level of listed companies in Zhejiang can be imagined. In addition, Dinglong Technology, which is also in Zhejiang, its main business is the production of hair dyes, and it has been continuously stopped.

AgainstXingxin New Materialsperformance,Investmentsmade all kinds of complaints. Some called it the worst in the last five yearsNew sharesOne that thinks it's givingInvestmentsThe operation of washing dishes. Someone else thinksXingxin New MaterialsThe chairman intends to cash out through the listing rather than grow the company. The market atmosphere is becoming increasingly sluggishInvestmentsare worried about the movement of the market as a whole.

Xingxin New MaterialsSuchNew sharesIt is not uncommon in the market, and there is a situation of substantial ** soon after listing. This situation cannot be attributed solely to the problems of individual companies, but rather reflects the overall instability of the current market and the decline in risk appetite. InvestmentsforNew sharesThe hype enthusiasm began to fade for the companyFundamentalsand valuations are more focused.

AsInvestmentsWe need to be cautiousNew sharesThe hype is not to be confused by short-term interests, but to study the enterprise in depthFundamentalsand development prospects. At the same time, the regulatory authorities should also strengthen the ...New sharesReview and supervision of issuance, avoid low-quality enterprises from entering the market, protectionInvestmentsrights and interests.

Overall, volatility in the market is inevitableInvestmentsThere are risks that need to be treated with caution. InInvestmentsIn the process, we must maintain a calm and rational attitude, do not blindly follow the trend, do our own research and analysis, and look for long-term stabilityInvestmentsOpportunity. Only then can we be thereInvestmentsget better yields and reduce risk.

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