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股票价格的涨跌,至少有三成以上与上市公司的基本面有关,而这些基本面的变化,一般投资者大多是无法及时获知的。信息不对称,造成了机构和散户操作手法与结果的巨大差异。比如最近,纳新选克的中国三大网站的股票持续暴涨,其中网易硬是从几毛钱大涨到近四十美元,创造了第二次网络股大涨的神话。而中国市场,海虹控股应该是真正意义上的网络第一股了,其17元人民币的价格与网易37美元的价格相差十七倍,而且据说其真正的业绩非常可观,因为海虹的网络游戏称雄世界。
The ups and downs of the stock price, at least 30% or more, are related to the fundamentals of the listed companies. Most of the changes in these fundamentals are not readily available to the average investor. Asymmetric information creates huge differences in the practices and outcomes of institutional and retail operations. Recently, for example, the shares of Nasdaq’s three major Chinese websites continued to skyrocket. NetEase rose sharply from just a few cents to nearly forty U.S. dollars, creating the myth of a second internet stock market soaring. The Chinese market, Haihong Holdings should be the first real network stocks, and its price of 17 yuan and NetEase 37 US dollars difference between the price of 17 times, and is said to be a real impressive performance, because the Rainbow Network The game dominated the world.