How did the Hong Kong Growth Enterprise Market Index drop to 40 points?

Hong Kong's new shares are listed in science and technology innovation board, and it is very common for them to inject water quickly after the stock price rises sharply.

Among the 20 best-performing new shares on the first day in the world, Hong Kong Growth Enterprise Market shares occupy 18 seats. These new shares rose surprisingly on the first day, but then they also fell unequivocally. Such ups and downs are extremely common.

In addition, after the stock price rose sharply on the first day, there were only four "survivors" whose closing price was still higher than the closing price on the first day. Among them, Wang Lian (82 17), the king of GEM stocks, rose 14 times to 4 yuan on the first day, and still recorded 22. 15 yuan at the close of yesterday, up 4.7 times from the first day. In addition, it also includes Jintai Holdings (832 1) and Cheng 'an Holdings (8352) listed by way of allotment.