A article for LED enterprises to touch the "old bottom" of the fresh three board Market

What is the financing situation of the new three board enterprises in the end? According to the new three boards, the volume of the new three boards grew rapidly in 2015, one of which was a significant increase in the financing capacity of the new three boards: the stock transfer system published data showing that in 2015, the number of shares issued for the new three boards was 2565 times, and the total amount of financing reached 121 billion 617 million yuan, not only far beyond 2014. The total amount of financing of the new third board (only 13 billion 209 million yuan) was 8.2 times higher than the same period (at the same time the listed company number increased by 2.26 times). In the first half of 2016, although the new three board market has been implemented more than 1500 times, the total amount of funds raised has reached 67 billion 134 million yuan. But according to the Eastern wealth Choice data, from the single month data, the new three board financing in November 2015 was up to 24 billion 473 million yuan, while the financing volume in December was shrinking rapidly, only 11 billion 558 million yuan, down more than 50%. Since 2016, the new three board single month financing level still failed to restore to the "heyday" period of this year, ~4 month of January this year. The new three board single month financing amount has been maintained at the interval of about 10000000000 yuan, especially in the past May, the monthly financing amount is 8 billion 769 million yuan, which has been less than 10 billion yuan. This shows that the new three board financing has gradually entered the "cold winter" (since the second half of last year, China's securities market has gone through a history of no precedent, with a decline in valuation, the whole capital market financing function is also weakening). But compared with the gem financing, the first half of the first half of this year's new three board financing performance is not too bad. According to the statistics of the Oriental Wealth Choice, there are 80 gem enterprises in the first half of this year to complete directional additional financing, and the total amount of financing is 90 billion yuan. In addition, the relevant statistics show that after deducting the financing of financial enterprises, the financing amount of the new three board enterprises was 69 billion 800 million yuan in the first half of 2016, and only 20 billion 400 million yuan in the same period last year. That is to say, more money has gone to the real economy this year compared to the same period last year. So which industries are more likely to get money on the new three boards? The answer is the information technology and the cultural media industry. According to statistics, after eliminating the financial industry, the first half of 2016, the new three board financing more than 100 million of the total of 140 enterprises, the total amount of 38 billion 925 million. From the point of view of the industry, the information technology industry melted 8 billion 334 million yuan, ranking first (in fact, not deducting the financial industry is the same); the cultural media industry is 8 billion 180 million yuan, ranking second; the 3-5 industries are the basic chemical, medical and mechanical equipment. Then he pointed out the new three board market trading status, the new three board market trading activity has been criticized. At the end of the first half of 2016 (June 30th), there were 7685 new three board listed company, of which 4747, with a record of "zero", accounted for more than 60% (61.77%), and all were negotiated under the agreement. In the remaining 2938 trade records, the transfer mode was a total of the total agreement transfer. There are 1406, accounting for 47.86%, and there are 1532 transfers of market making, accounting for 52.14%. According to the statistics of the Eastern wealth Choice data, in the 120 trading days of the first half of 2016, only 56 stocks, accounting for 0.73% of the new three board trading records, accounted for 0.73%, of which 53 were sold for market making and 3 were transferred to the agreement. At the same time, in the 56 stocks with a record of continuous transactions, only 4 were recorded in the first half of the year, including the English, Ren Hui, medium magnetic, and little white dragon. The rest were recorded, among which the network fell the worst, the cumulative decline was 78.26%, and the cumulative decline of kailid and Lexus was 50%. Above. From the point of view of volume, the first name of the first place was recorded for several times in the first half of 2016, unsuspense to the top of the new three board turnover in the first half of 2016, the cumulative turnover of more than 20 billion shares, but the cumulative decline in the first half of the year also exceeded 20%. In addition, the total volume of 10 stocks, including the East China Sea Securities and the Silicon Valley paradise, is over 100 million shares. From the point of view of the turnover, the East China Sea securities transfer through the agreement was listed as the top of the new three board turnover in the total amount of 5 billion 350 million yuan, and the joint news securities returned to the second place with a total turnover of 5 billion 23 million yuan, and the environmental protection ranked third in East China, with a cumulative turnover of 40 billion yuan. The total number of 168 stocks in the new third board is more than 100 million yuan in the first half of the first half of the year. It is worth noting that the new three board stratification situation, according to the relevant standards, in June 24, 2016, the national stock transfer company announced the final list, there are 953 enterprises into the first innovation layer. According to statistics, since June 27th, the stock transfer system was formally implemented into the first week of implementation in July 1st, and the total transaction amount of the company was 1 billion 690 million yuan, accounting for about 49% of the total transaction amount of 3 billion 455 million yuan in the week. In the first week, the transaction activity of the new three board market rose obviously, the daily average turnover increased by 48%, and the daily average turnover ring was in the circle. The increase is 28%. Finally, from the overall development trend of the new three boards, we can see that the new three boards will undoubtedly be the fastest growing and largest capital market in China's multilevel capital market companies. By June 30, 2016, the number of new three board listed companies had exceeded 7500, to 7685, and increased by 2556 from 5129 last year. The number of home increases in just half a year has reached 70% in 2015. In the case of other factors, in accordance with this trend, the number of entrepreneurs on the new three board listed by the end of 2016 is expected to impact the "Wanjia". Second, the total market value of the new three board is expected to exceed the total market value of the gem in 2017. At the end of 2014, the total market value of the new three boards was 459 billion 100 million yuan, and at the end of 2015, the total market value of the new three boards reached 2 trillion and 460 billion yuan, up 5.35 times over the same period. In 2016, the total market value of the new three boards was expected to exceed 5 trillion. In 2014, the highest value of the total market value of the gem was 2 trillion and 490 billion; in 2015, the total market value of the gem was 6 trillion and 810 billion and 2.73 times higher than that of the same period. In 2016, the total market value of the gem was about 53 thousand and 100 yuan, which did not rise and fall. It is expected that if the gem IPO can not expand and no longer change, according to the current trend, the total market value of the new board is expected to exceed the total market value of the gem in 2017. The experience and Revelation of the future: Nasdaq's experience and revelation in 1971, when NASDAQ (all the National Securities Dealers Association Automatic Quotation System) was established, it was only a newspaper used to concentrate the selection of securities prices in the OTC market in the United States (the OTC market, also called the counter market). The price system does not provide transaction services, and the stock exchange is achieved through the terminals of the market makers. In 1975, NASDAQ set the first set of listing standards to differentiate between the OTC market and become an independent listing, which was considered the first stratification of NASDAQ. In 1982, NASDAQ selected 40 outstanding companies from the original listed company, based on the stock market value and transaction activity, into the newly established NASDAQ Global Market (NasdaqGlobalMarket) and matched the higher listing standards. This stratification (second stratification) has laid an important foundation for the Nasdaq market to develop from the small and medium micro enterprise market to the upper market. In 1990, Nasdaq was separated from OTC and became a trading place with IPO functions. In 2006, as companies such as Microsoft and Google appeared, the market value of NASDAQ listed companies gradually surpassed the NYSE, so the higher listing standard was introduced in July that year, and the NASDAQ Global selection market (NasdaqGlobalSelectMarket) was set up. The standard is the index of "pre tax profit", "market value + income + cash flow" and "market value + income", but the threshold value is slightly higher. This stratification (third stratification) has adopted the open bid trading system more. It is the rule that the NASDAQ stratification is followed by "dividing the lower level market first and setting up the top market step by step". From the development of Nasdaq for more than 40 years, the establishment of the multilevel internal market is not easy, the market is delamination, the potential companies are excavated in the low level market, and the potential high quality resources are provided for the high level market.