Calculate the new rate of return of 20 16:
(1) According to the product scale of 500 million yuan, the cumulative yields of Class A, Class B and Class C are 2.75%, 2.29% and 1.58% respectively. It is estimated that the new rate of return is opposite to the scale, and the number of products with the scale of 1 100 million yuan that A-level investors are most sensitive to is less, which is below the scale of 400 million yuan.
(2) According to the market price of 50 million yuan in the two cities, individual investors gained 9.94% of the new income online throughout the year. gt； Participate in all&; gt； This rate of return is only in Shenzhen. After the threshold of Shanghai is generally raised from 50 million to 60 million, the impact on personal rate of return is 2. 15% (Shanghai only) and 0.9% (two cities).
Four trends of IPO:
(1) The demand for new prices in the two cities has obviously increased. At present, there are 50 million people in Shanghai and 30 million in Shenzhen, but they are gradually changing to 50 million. There are 60 million new shares in Shanghai that need market price.
(2) The ratio of subscription ceiling to circulation decreased obviously, and it became a trend after 17 times, and the efficiency of capital utilization became worse. Small-scale funds did not waste the market price of the bottom warehouse, and the income became higher.
(3) When the market price is below 20 million, the signature rate of A is higher than that of tickets, but the signature rates of B and C are lower than 30 million. When the ticket market price rose to 50 million, the signing rate of a/b investors increased slightly, while that of C investors decreased.
(4) Overall, the number of online investor families has increased. According to the market price requirements, the number of effective investor families has decreased significantly in recent years.
20 17 prospect of new shares;
A-level small capital products (200 million scale) are rich in income, and it is estimated that the income will exceed 20% in 20 17, while A-level large capital (10 billion) will increase (4%) by using the new income. Some hidden assumptions:
When (1) is expected to be neutral, the average yield of small bills is 250%, and that of large bills is 100%.
(2) It is common to lower the order ceiling, which affects the efficiency of capital use.
(3) The upper limit of small ticket purchase (relative to the initial online sales ratio) is generally lowered to about 20%, and the upper limit of large ticket purchase is generally lowered to 10%.
(4) The number of online investors increased, and the winning rate decreased.