Gem Has Gained More Than 40% This Year.

This week's most noticeable is undoubtedly the performance of the gem, the gem index constantly refresh the historical high, easy to maintain a 2000 point mark, according to reporter statistics, as of yesterday's close, gem refers to the year's gain has reached 40.58%, Niu Guan global stock market.

The gem has been on the trend of roller coaster recently, and its performance has been fluctuating for nearly a week.

Last week, after breaking through 2000 points and the biggest one-day drop, the gem index hit a new high of 2054 points in the market on Wednesday, and finally closed at 2035.83 points. On Thursday, the gem index fell nearly 1%, while the intraday plunge fell more than 2% and fell 2000 points. Friday launched a Jedi counterattack, which closed at 2069.07 points, up 2.52%, and 2070.95 points in the market hit a new high.

According to reporter statistics, as of yesterday's closing, gem means 6.03% this week, easy to maintain a 2000 point mark, and gem refers to the year's increase has reached 40.58%, Niu Guan global stock market.

In the background of the gem index constantly refreshing its historical high, according to the statistics of journalists, 89 GEM stocks have reopened their highest historical prices. With the growth of Hengxin mobile 50.23%, 82 GEM stocks rose by more than 10%.

The 2000 point on the station has stimulated the discussion of whether there is a bubble in the gem.

Xie Guoming, an investor in China Merchants Securities, said in an interview with reporters yesterday that Internet finance, mobile medical and other emerging industries are constantly improving and become the driving force to stimulate the growth of stock prices.

Although there will be some adjustment after the rise, this adjustment will also make room for future growth.

XinDa Securities believes that the current gem as a whole

A huge risk has been brewing.

The gradual advance of registration system is undoubtedly increasing the probability of landing risk from two aspects of increasing the cost of acquisition and increasing the supply of stocks.

Investors must pay full attention to this.

Ying Tai Securities also believes that from the valuation point of view, the gem price earnings ratio is around 80 times high, and small and medium-sized boards are about 60 times, and the overall valuation is not up to much.

So, how does the GEM mean in the 2000 points? From the perspective of employees, the future differentiation of gem will become more serious.

British Securities believes that with the gradual formation of registration system and delisting mechanism and the opening of Shanghai and Hong Kong links, the A share market will be integrated into the international financial system from various aspects such as valuation system, trading habits and investment style.

Small cap stocks, junk stocks and subject stocks may not start to return to value without performance support. Gem growth stocks will be affected, but real high-quality stocks will stand out.

Huatai Securities also said that those new growth directions that the annual reports meet the expectations or the quarterly results exceed expectations, the future imagination space is still huge, the trend and valuation are more attractive, should still be optimistic about the positive layout.

Xie Guoming suggested that investors should avoid GEM stocks that are overvalued or have already been valued. But in the future, they are still optimistic about the high growth industries of the Internet, medicine, military industry and so on.