The Gem Index Set A New Round Of Adjustment Of &Nbsp, And The 46 Share Fell By More Than 50%.

According to the Shanghai daily information statistics, as at May 20th,

Zhongyuan Huadian and Jen Rui fire ranks first in the drop list.

Jian Rui fire was only last September to enter the gem company. After the third day of listing, the highest price in the history of 55 yuan, the stock price dropped 2/3 in less than 9 months, so that it could buy it.

Zhongyuan Huadian, one of the 28 companies listed on the market in October 2009, is "suffering from the same illness". But since last year, it has suffered from "big changes" in its performance, and has not been relieved in the first quarter of this year.

From 1 to March, the company achieved a revenue of 20 million 740 thousand yuan, a decrease of 6% over the same period last year, and a net profit of 7 million 740 thousand yuan, down 17% from the same period last year.

Moreover, the company rarely reveals 6 unfavorable risk factors in a quarterly report.

In addition to the above two companies, the share price of 11 companies such as proude stock, Dongfang fortune, Netac science and technology, Nandu power supply, national technology, Shenzhou taeyue and so on, dropped to 60% compared with the highest historical prices.

Last week, the closing price dropped by less than 10% to 8 of the companies, including Hanyu pharmaceuticals, Yongqing environmental protection, evergreen shares, Amway shares and so on.

8 companies were listed only after March of this year, and up to 5 of them were listed on GEM in May.

The reason why the gem is rejected by the market is closely related to the high growth of "sudden change".

As early as February this year, when the companies released their annual forecast in 2010, their growth has been questioned.

The 32 forecast performance declined, accounting for 15%. With the release of the first quarter report, the deterioration of the performance was aggravated, and the net profit increased by 48, accounting for 23%.

At the same time, in May, gem executives reduced their holdings to a new high this year.

Since May, the number of gem Holdings has reached 23 million 536 thousand and 989 shares.

According to the number of shares, the reduction in May has hit a new high in the single month of this year.

Obviously, executives' spare no efforts to reduce their holdings also contributed to the remodeling of gem valuation.

In addition, nearly 70% of the GEM companies will continue to ban the sale of shares.

Experts say that the proportion of industrial capital in the capital market is about 40% to 50%.

The pursuit of industrial capital is absolute return. Even if the stock price of the GEM stocks has shrunk generally, the return on investment is still very impressive, which leads to the revision of the valuation of the gem.

In 2010, Cheng Yiquan, the chairman of Asset Management Co in the third place of the private placement of sunshine private equity, said: "due to the improvement of human capital and the rising price of raw materials, the high growth of the gem has disappeared, and I think the valuation of the gem is still high."