The effect is comparable to the suspension of the IPO! The three major news this evening were officially released (37）！
First, the effect is comparable to the suspension of IPO! Why are so many businesses queuing? Why not mobilize for listing? After the IPO is successful, the market gives a fortune enterprise, and the money raised is from the secondary market investors, either from the shareholders or from the people, and the stock prices of strategic investors and major shareholders are very low.
They are equivalent to low investment and high returns, and the shareholders are through pricing, most of the ones they buy are higher, and the people are even more passive, because the direct operator is the manager, and the shareholders still have a choice, and if they find that the investment value is not high, they can give up.
At least before the listing of some enterprises is for the purpose of making money, in addition to the central enterprises and state-owned enterprises, private enterprises can not wait to cash out the restricted shares after one year of listing, and when the new shares can be lent out, the major shareholders can also detour, because the borrowed bonds can be repaid.
A-shares have been established for almost 34 years, I don't know when there was an IPO queue this landscape, whether a week to issue 12 or 1 new shares, the queue of companies is always increasing, A-share good financing environment, constitutes a great attraction to these companies.
So much so that some companies have been queuing for more than three years and are still waiting. Yes, once the market value is doubled once the listing is successful, the price-earnings ratio of new shares is mostly above 30, and it will increase by 30 times after listing.
Wu Qing, chairman of the China Securities Regulatory Commission, said at a press conference: The China Securities Regulatory Commission should do a good job in import supervision, and corporate IPOs should not be aimed at collecting money, and they should make every effort to keep counterfeiters out of the capital market. Now there are 648 companies in the queue for IPO, and in two months this year, because the review has become stricter, and the declaration is responsible, some companies that feel that they are not qualified have withdrawn their IPO applications. It's not so easy to make money in the public market.
The new regulations do not allow loss-making enterprises, enterprises that fall below the issue price cannot, and enterprises with less dividends cannot, the market is becoming more and more standardized, and there is no way to fake listing and fraudulent issuance. Listing must have responsibility and responsibility, and it is necessary to contribute to the health and society of the world!
Second, the governor said: there is still room for interest rate cuts.
At present, the average deposit reserve ratio of China's banking industry is 7%, and there is still room for RRR reduction in the future; The policy toolbox is still abundant, and there is plenty of room for monetary policy; We will continue to promote the steady and moderate reduction of social financing costs, set up re-loans for scientific and technological innovation and technological transformation, and promote the transformation of new and old kinetic energy.
There is still room for interest rate cuts, speaking at this meeting, In fact, there is a signal implied that the RRR may be cut soon, and the establishment of scientific and technological innovation and technological transformation re-lending to promote the conversion of old and new kinetic energy, in fact, is still the direction of new quality productivity, industrial machine tools, high-end equipment, etc.!
3. Fed Chairman Jerome Powell said that interest rates may be cut appropriately at some point this year.
Powell reiterated that the Fed remains highly concerned about inflation risks and needs to be more confident in inflation to cut rates, and expects that lowering the policy rate will not be appropriate until there is greater confidence that inflation can continue to fall towards 2%.
In fact, they are all holding their breath, the Federal Reserve maintains the dollar at a high level, in fact, it is to cut wool at a high level as much as possible, in fact, this time it is we who want to collect the most, but it is obvious that it cannot be collected, and the final collection is Japan, South Korea, and some European countries. It is not a way to maintain a high level, it was supposed to fall in March, but it is unlikely at present, and it may be May at the earliest.
Yesterday, the village also said at the meeting that both long and short money are needed in the capital market, but what is more lacking is long money. This sentence is indeed very reasonable, but as a ** investor, who does not want to do long-term, the key to long-term is not necessarily to make money. Sad memory, in the first two years, many ** were obsessed with long-term value investment, bought a bunch of so-called big white horses, of course, all with a lofty dream of getting rich, but the reality is very cruel, and now most of them have been hit! So it's good to encourage long-term business, but you have to make money for investors!
In short, I believe that under the care of the new leader, I believe that our ** will get better and better! Back on the market, the index rose and fell back to close the doji, and there were obvious signs of stagflation. At the same time, this position closes out of the doji pattern requires us to be cautious at all times, superimposed on the top divergence resonance of the time, and I personally feel that the probability of stepping back on the ten-day ** is larger, see more and move less! Since it can't go up, it's better to take a break and go up, but it's healthier!