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经过前一周的上涨之后,沪深股市迎来首批新股申购。数千亿资金进入打新的一级市场,二级市场随之步入下跌通道。由于此轮新股定价实行窗口指导,发行价格普遍偏低,市场预期上市后必遭爆炒,打新热重现。新股“稳赚不赔”的情况下,很多机构通过银行间拆借来凑齐资金,一些机构甚至抛售股票来凑钱打新。这不仅扰乱了银行间秩序,更让A股市场持续走低。
After the rise of the previous week, Shanghai and Shenzhen stock markets ushered in the first batch of new shares subscription. Hundreds of billions of dollars into playing a new primary market, the secondary market then fell into the channel. As this round of IPO pricing practice window guidance, the issue price is generally low, the market is expected to be listed after listing stir, hit a new heat to reproduce. In the case of new shares, which “make up for losses”, many establishments make up funds through inter-bank lending, and some even sell stocks to raise money. This not only disrupted the inter-bank order, leaving A-share market continued to decline.