The first batch of 10 companies stock prices in the first batch of 10 companies&

(Shanghai / Singapore Comprehensive News) The Chinese official motherboard registration system has been fully landed, and the first batch of new shares has risen across the board.

After China's official announcement in February this year, after the reform of the stock issuance registration system was announced, 10 companies were collectively landed on the Shanghai and Shenzhen Exchange on Monday (April 10).Among them, the China Electric Port Late rose as high as 239.2%, the highest increase in Dengkang's oral cavity reached 214%, and most of the remaining stocks achieved more than 50%increase.

Bloomberg reports that the rapid rise on the first day shows that relaxing the regulatory framework will enhance China's position in the global stock issuance market and make it one of the busiest stock issuances.

Reuters: It is expected to accelerate the corporate listing and the severely damaged economy

Reuters reports that the market -oriented registration system reform is expected to accelerate the listing of corporate listing and revive the Chinese economy with the impro for the epidemic.

The main body of the listing audit has been transferred from the Securities Regulatory Commission to the Stock Exchange, and all the review processes are made public.The substantive threshold faced by listed companies under the approval system is transformed into information disclosure as much as possible.The regulatory authorities do not judge the high or low investment value of listed enterprises.

Registration system began in 2018 and piloted on Shanghai Science and Technology Board, Shenzhen GEM and Beijing Stock Exchange.According to CICC's research, after the pilot reform of the GEM registration system, the number of new shares from acceptance to listing was shortened from the previous 520 days to about 380 days, and the issuance efficiency increased by about 27%.

Another widely debated change from investors is that under the registration system, the first five trading days of the new shares are not set up.Experts believe that investors have to withstand the risk of stocks falling below the issue price on the first day of listing.

Another widely debated change from investors is that under the registration system, the first five trading days of the new shares are not set up.Experts believe that investors have to withstand the risk of stocks falling below the issue price on the first day of listing.