New Three Board Storage Opportunities For Long-Term Institutional Layout

On Monday, the mood of the new three board market was warmer. The number of stocks reached 75, indicating that the market sentiment has improved significantly. In terms of turnover, Jiuding investment still ranks first, with a single day turnover of 24 million 345 thousand yuan, and it is worth noting that the stock has gained about 25% in recent days, followed by new industries with a turnover of 14 million 384 thousand and 200 yuan. These two stocks were the only stocks that traded more than ten thousand yuan yesterday. On the rise and fall, the number of shares, Tongji medicine and Yi test rose by 300%, 281% and 150% respectively, becoming the top three in yesterday's gains, and their turnover reached 800 thousand yuan, 1 million 143 thousand yuan and 3 million 125 thousand yuan respectively. Zheng Bai electric and holy spring group lost a lot yesterday, reaching 50% and 41% respectively.

With the continuous development of expansion and issuance, dividends and mergers and acquisitions, institutional investors' attention to the new three board market continues to rise, and market makers are gradually putting the vision of developing customers on institutions.

At present, the number of transfer orders has exceeded the number of transfer agreements. Orient Securities said, "our new three board stock market is still relatively high quality, such as four-dimensional media, and so on. At present, the key is that customers know very little. To build a big market, we need to cultivate customers. " At present, the company has set up a department responsible for publicity and marketing, according to the valuation of the market making company to attract customers. After all, compared with the motherboard, the valuation of the new three boards is still relatively low.

Orient Securities said that in addition to high net worth of individual customers, but also hope that institutional investors to pay attention to, after all, only rely on securities companies themselves can not do the market. At present, some fund companies are also very interested. Some of them intend to issue one to one products through their subsidiaries, so that they can cooperate with the securities companies. For example, the 1 phase of the new third board of Baoying Zhong certificate is 50 million yuan, which is mainly invested in TMT, medicine, environmental protection and other types of new three boards. Because the first phase of the product is basically over, it is expected that there will be two or three phases in the future. The broker hopes to see if there is any room for cooperation so that the fund companies and the listed companies can communicate directly. If all the new three Board companies, then the operation of customers may be more difficult to exit, so in the future may consider the issuance of hybrid funds, the scope of investment will be enlarged.

It is reported that at present, some private placements will buy new three board stocks, but the main purpose is to use their own funds to get shares through the issuance and transfer platform. But in the future, if the volume of transactions can come up, private equity funds will also consider buying and selling in the two tier market. There is a private placement, the main problem is the establishment of products currently liquidity considerations, whether customers can accept 3 years of -5 closed period products are unknown.

From the difference between the two tier market, if the company's quality is good, or if there is an asset acquisition expectation, the transaction can also make money, but because these customers are originally worth 5 million yuan, most of them are value investors.

In addition, if the securities law is amended next year, will there be a question about the transfer of stocks to new three boards? Many institutional investors expect that the market will be significantly active in the middle of next year. If there is a specific operation path of the transfer board, the attractiveness of the new three board stocks will be even greater.

Whole country Stock transfer system Yang Xiaojia, chairman of the board, said publicly that it would encourage and support financial institutions such as securities companies and fund companies to design financial products for ordinary investors and invest in listed company securities to meet investors' needs for product liquidity.

There are plenty of institutional investors who are optimistic about the new three board market. Ding Feng assets recently said that the past 10 years of real estate, mining industry over the past 8 years, the trust in the past 5 years is a great opportunity. Looking at the future, the new three boards are the big opportunities for ten years in front of us. At the moment, we are ready to fully meet the "big era" of the new three boards.

The agency said that since the start of the Spring Festival, the implementation of the new three boards has been fully launched. According to its layout thinking, "we have a higher understanding of people. We have a step ahead in the layout, and some people are quick on the move. The scale and staff top three, the top three of the project and research, and the top three of the investment and investment become an important part of the investment power of the new three boards". At present, the initial goal has been basically achieved, and the scale of the new three board fund has been nearly 3 hundred million. Investment personnel There are 15 configurations. Sponsors, issuing lawyers and quality control of investment banks are larger than most brokerages and new three board investment institutions, and the investment scale is estimated to be doubled before and after the Spring Festival. The new three board's fixed increase has already completed 5 single, the proposed listing enterprise investment 10, plans to invest in the project more than 10.

In the next 1 years, the company will continue to increase its New three boards In the market, the quality of listed company is gradually improving, and the volume of transactions is constantly increasing. The price of the new three Board companies is too high? In terms of Ding Feng assets, it gives a company a total valuation of 10 times or 15 times, which has little impact on the base of profit, and there are too many optional investment targets, so long as the company's commercial quality is excellent, there is no need to be too entangled. Of course, investment in the new three boards also brings new problems, such as the depth and scope of management after investment.