Financials May 18, 2022 03:49 AM (GMT+8) · EqualOcean
With the frequent breaking of new shares even on the first day of this year, the pricing mechanism of new shares under the registration system is playing a regulatory role, forcing issuers to make prudent pricing. In May, all five new shares listed in Jiangsu Huachen and Kechuang Xincai did not break on the first day, and the P / E ratio of new shares to be listed showed an obvious downward trend. According to the data, as of May 17, in addition to the listed new shares, among the 14 new shares to be listed that have disclosed the issuance announcement, there are 4, 3, 3 and 4 new shares on the gem, the science and innovation board, the main board and the Beijing stock exchange respectively. Except that the P / E ratio of new shares to be listed on the science and technology board is significantly lower than that of the last 13 months, the average p / E ratio of new shares to be listed on the science and technology board is not applicable.