The Hong Kong GEM Index plummeted to 25 oclock and almost zero

The Hong Kong GEM Index continued to decline. Thursday (September 14) fell to only 25 points, almost "zero".

Comprehensive Hong Kong Zhongtong News Agency and the Financial Association reported that as of the closing of Thursday, the Hong Kong GEM Index closed at 25.86 points, with a turnover of about 59.4 million Hong Kong dollars (below, about 10.35 million yuan), and a decline in the year.It reached nearly 30%; it was almost "zero" from the historical high at 1823.74 points in 2007.

According to the data of the Hong Kong Stock Exchange in August this year, of the 334 stocks of the GEM, only seven monthly transactions exceeded 100 million yuan, namely Huitao Group, Viliang Holdings, Narnia Group, and Groups, and Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnia Group, and the Narnian Group, and the Narnia Group.Yaoxing Technology, Datang Tongjin, Heritage Education, and China have praises; Tencent Holdings, which is listed on the main board, has a turnover of billions of transactions a day.

Throughout August, the turnover of many GEM stocks was zero, and there were no new stocks for 32 months.

According to the official website of the Hong Kong Stock Exchange, Hong Kong GEM is set for small and medium -sized enterprises. The service target is hopingSimilar to the motherboard.

After the establishment of it, the Hong Kong GEM fell by more than 74%after the breakthrough of the financial crisis in 2007. In 2008, the Hong Kong Stock Exchange simplified to the motherboard procedure, and the GEM has become the main board.; In 2009, the index rose more than 75%again; but since 2015, it has fallen, and now only 25 points are left.

In this regard, many people in the industry believe that Hong Kong's GEM has been cold, and recently, it has become a "fairy stock" and "Zhuang stock" base.