So, you want to quintuple your money in a day? Investors in Anji Microelectronics got just that. The semiconductor parts maker was part of the first batch of stocks to list on Shanghai’s Star Market, a would-be Asian rival to Nasdaq. Investors cheered China’s most notable attempt to promote direct financing and deregulate markets since launching ChiNext, a similar attempt, a decade ago. Funds poured into Star Market. But history suggests these spectacular gains are overdone.
那么,你想在一天內(nèi)實(shí)現(xiàn)本金的五倍升值嗎?安集微電子科技(Anji Microelectronics)的投資者就實(shí)現(xiàn)了。這家半導(dǎo)體零部件制造商是首批在上海證券交易所科創(chuàng)板(SSE Star Market)上市的股票之一,該市場(chǎng)是納斯達(dá)克(Nasdaq)在亞洲的潛在競(jìng)爭(zhēng)對(duì)手。自10年前發(fā)起類似嘗試,即推出深圳證券交易所創(chuàng)業(yè)板(ChiNext)以來(lái),這是中國(guó)在推動(dòng)直接融資和放松市場(chǎng)管制方面最值得一提的嘗試,投資者對(duì)此表示歡呼。資金涌入科創(chuàng)板。但歷史似乎表明,這些驚人的漲幅過(guò)頭了。