New Shares Should Be Abolished.

< p > the world is < a href= "//www.sjfzxm.com/" target= "_blank" > clothing < /a > a href= "//www.sjfzxm.com/" target= "//www.sjfzxm.com/".

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After the IPO, many investors complained that the VIP channel was opened to large customers by securities companies, which led to the fact that small and medium-sized investors could not buy the new shares that had been listed on the trading board one after another, calling this phenomenon a violation of the three principles of P.

Reporters believe that the root of the matter is not the VIP channel, but the 44% day limit board of the killing, and the brokers give VIP customers preferential treatment.

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< p > economics has 28 laws, that is, < a href= "//www.sjfzxm.com/news/index_c.asp" > < < /a > > ordinary customers who use 20% of resource services 80%, and 80% of resources to serve 20% of high-end customers, this is business, also known as market economy.

The securities brokerage business belongs to the commercial service industry, not the infrastructure such as electric power and tap water, nor is it a fair area related to national economy and people's livelihood, such as education and medical treatment.

Brokerage firms are also companies, and brokerages should also make profits. Brokers will naturally be generous to large customers with large profits and large profits.

If investors think that brokers should not let VIP customers place their orders first, is it necessary for the exchange to cancel institutional seats? Why can institutional clients make their own seats? < /p >

< p > the so-called "three principles" refers to fairness, fairness and openness. VIP customers' priority is not a violation of the three principles, but only when there is an extreme market.

For example, the credibility of Feitian is a daily limit, so it is obvious that investors who bought early can make profits.

Ordinary investors say that they have not bought, let VIP customers buy, they lose their own, which is unreasonable.

Why is it so clear that Feitian integrity can be easily sold at 84.52 yuan, but some investors are willing to sell at 47.71 yuan. From now on, investors who sell 47.71 yuan are bound to lose money, but they sell cheap, but most people already know that they should not sell 47.71 yuan in good faith. Otherwise, there will not be endless trading. Then, small investors say they have not bought a small amount of 47.71 yuan to sell, that is, they have lost their profits. This is a word for reason.

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"P" is a tragedy that investors will sell good faith in 47.71 yuan.

For example, Zhang three lost his wallet and was picked up by Lee four. Wang five did not work. He said he was losing money. He should not let Lee four pick up it. He should let himself pick it up.

This column thinks that management should solve the problem. It should not coordinate whether it is Lee four picking up wallet or Wang five picking up purse. Instead, it should try to make Zhang three not lose her wallet.

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< p > how to let a href= "//www.sjfzxm.com/news/index_s.asp" > investors < /a > will not sell the integrity in flying dollars at 47.71 yuan. The best way is to cancel the 44% increase limit of the first day of the new stock market. From the beginning of the collective auction, there will be no price limit. If the management does not want to fluctuate too much, it can also stipulate that the first day trading price of the new stock will fluctuate 20% at the opening price.

If this is the listing of new shares, flying integrity is opened at 84.52 yuan, then no one will sell shares at 47.71 yuan (according to the rules of collective auction, even if small retail investors want to sell cheap), then there will be no endless trading, VIP or not is no longer so important.

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