To The Moon

Hong Kong stocks to fight the new, "set back" is often one of the core of the game between institutions and retail investors, underwriters through the artificial manipulation of the allocation ratio of new shares to achieve the concentration of chips and short-term arbitrage.Today's listing of $RONGTA TECH(09881)$ and $NEWTREND GROUP(02573)$ are typical of the set back.Definition and core logic of set backSet-back refers to the mechanism whereby the issuer (listed company, sponsor) takes advantage of the special provisions in the Hong Kong IPO rules to artificially depress the allocation ratio of retail investors and retain more shares in the hands of institutions, thus creating a concentration of chips

May 27, the main packaging printing and cross-border e-commerce business of the A-share company $JIHONG CO(02603)$ listed in Hong Kong, the first day soared more than 50%, and become the first Hong Kong listing that is included in the Hong Kong Stock Connect A + H companies.Of course, it has some other logos on it, such as: the first A+H in Xiamen, the first cross-border e-commerce A+H, the first A+H company in the packaging industry, and the smallest A+H company with the smallest market capitalization (previously, the threshold of the A+H was about 7.3 billion Hong Kong dollars) $Xiamen Jihong Co.,Ltd.(002803)$ At the current stage can enter the Hong Kong Stock Connect, is a lot of small and medium-ca

Hong Kong stocks to fight the new, "set back" is often one of the core of the game between institutions and retail investors, underwriters through the artificial manipulation of the allocation ratio of new shares to achieve the concentration of chips and short-term arbitrage.Today's listing of $RONGTA TECH(09881)$ and $NEWTREND GROUP(02573)$ are typical of the set back.Definition and core logic of set backSet-back refers to the mechanism whereby the issuer (listed company, sponsor) takes advantage of the special provisions in the Hong Kong IPO rules to artificially depress the allocation ratio of retail investors and retain more shares in the hands of institutions, thus creating a concentration of chips

May 27, the main packaging printing and cross-border e-commerce business of the A-share company $JIHONG CO(02603)$ listed in Hong Kong, the first day soared more than 50%, and become the first Hong Kong listing that is included in the Hong Kong Stock Connect A + H companies.Of course, it has some other logos on it, such as: the first A+H in Xiamen, the first cross-border e-commerce A+H, the first A+H company in the packaging industry, and the smallest A+H company with the smallest market capitalization (previously, the threshold of the A+H was about 7.3 billion Hong Kong dollars) $Xiamen Jihong Co.,Ltd.(002803)$ At the current stage can enter the Hong Kong Stock Connect, is a lot of small and medium-ca