The Gem Evaporates Two Tianjin Ports One Day.

Yesterday, the market plunged, the gem became the hardest hit, fell 7.27%, ranking the first decline in the plate, 89 stocks are being destroyed, 12 were nailed down.

The gem represents a new low since the listing. It is only one step away from the 900 point integer pass, and the 10 trading day has fallen by nearly 20%.

According to wind statistics, the market value of the gem yesterday is 28 billion 26 million, which is equivalent to evaporating one China West power grid or two Tianjin ports.

Fund sink

In addition to the big market factors, Xu Yinbin, an analyst at Nanjing Securities Research Institute, said that in July, the lifting of the ban on the growth enterprise market should be welcomed. The recent decline in the growth enterprise market was due to the early runaway of the main force.

According to wind statistics, in July, the gem will have 13 stocks under the net lifting of the ban, lifting the number of 61 million 768 thousand shares, an increase of 103% over June. If the price of yesterday's share is calculated, the market value of lifting the ban in July will be 3 times that of June.

The gem yesterday's big crash, apart from the heartbreak of retail investors, many heavily loaded gem funds also suffered heavy losses.

A quarterly report shows that more than 3 billion of the funds are located in the gem. According to incomplete statistics, there are more than 50 public offering funds listed in the top ten tradable shares of the 37 GEM stocks, involving 33 fund companies.

The top ten shareholders of the tradable shares are listed as public funds.

Among them, Yinhua has 3 stationed among them, altogether holds the Chinese test to check approximately 1 million 900 thousand stocks.

In the information disclosed in the fund's investment and growth enterprise board, the single fund with the largest number of stocks in the gem is the huitianfu fund's growth focus fund. Its stocks in the first quarter include 8 new stocks, including the new Zhou bang, he Kang frequency conversion, Shenzhou taeyue, Ding Han technology, Sai intelligence, Huayi Brothers, Nanfeng shares and Shanghai kaebao.

6 of the 8 stocks were down yesterday (equivalent to 75%), with a drop of 9.83% and a drop of nearly 7%.

Gem still has room to fall

Bao Qing, an analyst at Orient Securities, said that the overvaluation of the gem is one of the factors of yesterday's decline. Under the current market situation, the dynamic P / E ratio of the gem is still high, and the large cap stocks are in a serious state of overfall.

From the technical analysis, this decline still has room for 10%~20%. It is suggested that investors on GEM should wait and see.

"In recent years, the continuous adjustment of small and medium capitalization stocks represented by growth enterprise boards, though seemingly on the surface, is affected by information. The fundamental reason for the decline of the gem and small and medium sized boards is that their early strength leads to high valuations."

Lv Lihua, an analyst at the securities and exchange board of the century, believes that the scissors gap formed by the gem and traditional blue chips is difficult to sustain.

Therefore, the gem has not dropped to its reasonable valuation.

Xu Yinbin, an analyst at Nanjing Securities Research Institute, also pointed out that as of June 28th,

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From the early warning performance of the newspaper,