Market Value Evaporated 220 Billion &Nbsp; Gem Became A Share "Meat Grinder".

In the 6 Monday of April and May, 4 of the Shanghai composite index was black, and the Shanghai Composite Index fell 1.51% in April 25th.

Recently,

What factors have led to black Monday?

The new low of 840.65 points is only one step away from the historical low.

In just 20 trading days, the gem was hit hard. In April 28th, the wound that had fallen by 4.07% had not yet been smoothed. Yesterday (May 23rd), the gem index had slumped 3.94% again, 78 stocks fell more than 5%, and the stock fell to 3. At this point, as of yesterday's close, the gem fell by 26.09% this year.

In addition, according to the daily economic news reporter statistics, this year, the gem has 6 stock prices were "chopping", and the total market value of the whole plate is evaporated 220 billion 400 million yuan, becoming the A share market wealth "meat grinder".

Yesterday, gem means a new low in the year.

Gem has become a nightmare for A shares.

Last week, the gem which even received 5 Yin lines pointed out that once again, it quickly dropped and fell yesterday. The stock index opened at 870.31 points and then went down all the way. There was little resistance in the intraday market, and finally closed at 840.9 points, the lowest closing price in 10 months. This is also the second lowest point since the launch of the gem.

At the same time, the 840.65 point in its intraday market is the lowest point since the index reached this year.

The gem index continued to plummet, and it also made the trend of stock prices miserable. Jinlong [23.85 -3.48% shares (300032, closing price 24.71 yuan), Huaping shares [23.29 0.91% shares] (300074, closing price 23.08 yuan) and Changhai [16.28 -1.51% shares (300196, closing price 16.53 yuan) three stocks were closed down yesterday, and Anu its [10.74 -1.47% shares], Baoli asphalt [16.66 -2.74% shares] and the euro bit [11.18 -1.06% stock] three three stocks fell more than 9%, and the trend was extremely low.

Of course, the GEM stocks are not completely annihilated, Dayu water saving [11.44 -1.72% shares] (300021, closing price of 11.64 yuan), new open source [45.37 -2.37% shares (300109, closing price 46.47 yuan) and South Pump Industry [18.19 -1.09% shares] (300145, closing price 18.39 yuan) three stocks rose more than 3%, but it is worth noting that behind the rise of these stocks, the agencies are selling away.

According to the information disclosed by the Shenzhen Stock Exchange, the top two stocks listed in the southern pump industry are all institutions, with the selling amount reaching 2 million 475 thousand and 600 yuan and 1 million 535 thousand and 200 yuan respectively, while the seats in the water saving selling seats of Dayu are also in the same line, with an organization selling 8 million 301 thousand and 500 yuan for the first place.

Some market analysts believe that many of this year's GEM stocks appear performance changes, growth is not as good as the introduction of early market introduction, which led to the weak trend of the entire gem.

Therefore, even if there is a rebound in stocks, the firm's determination to sell is still very strong.

In the short term, it is difficult for the whole gem to rebound steadily.

Market value has evaporated 220 billion yuan this year.

Indeed, as described by the market participants, the whole gem is in a very low trend this year. The growth enterprise market is gradually dropping from the high level of 1100. Although it has rebounded with the market in February, the gem index has accelerated downwards when the stock market has handed over an annual report and quarterly report which is difficult for investors to satisfy.

As of yesterday's close, its index had dropped to 840.90, an astonishing 26.09% in the year, compared with a 1.19% decline in the same period.

According to the statistics of journalists, only 21 stocks rose in gem this year, most of which rose to new stocks this year. Only 300006 gold stocks, such as Jinlong Electrical and mechanical equipment, Da Yu water saving and Lai Mei pharmaceutical [37.85 0.66% shares, were listed before the listing trend. (300006, closing price 37.60 yuan).

This year, the gem fell 197 stocks, of which 65 stocks fell more than 30%, 11 stocks fell more than 40%, of which, Kang Zhi pharmaceutical [17.33 -9.97% shares] 51.65% in the top.

In addition, this year, the number of stocks dropped by more than 50% during the year. Such as Kang Zhi Pharmaceutical (300086, the closing price of 19.25 yuan), fire control technology [25.50 -1.92% share (300152, closing price 26 yuan), and Tsuen Ag high tech [16.92 -0.99% shares (300087, closing price 17.09 yuan).

The low performance of stocks makes the market value of the whole plate evaporate quickly.

Reporter statistics found that the total market value of GEM has evaporated 220 billion yuan this year, which accounts for 30.67% of the total market capitalization of the gem at the end of the year, and has become the "fortune meat cutter" worthy of the name "fortune".

Among them, Shenzhou Tae Yue [28.90 -2.46% stock bar (300002, closing price 29.63 yuan), national technology [29.05 2.11% shares bar (300077, closing price 28.45 yuan), water source [38.40 1.05% shares] (300070, closing price 38 yuan), Watson biological [53.70 2.13% stock bar (300142, closing price 52.58 yuan) and Le Pu medical [20.29 -0.93% shares] (52.58, closing price is yuan), the evaporation of only stocks evaporated market value exceeded RMB yuan.

With the decline of GEM stocks, the average price earnings ratio of the whole gem has dropped to 43.46 times, which is almost 40 times that of the highest 80.01 times earnings.

Affected by this, the high price earnings ratio of gem gem which is always visible at present can hardly be seen. The price earnings ratio of the [0.00 0% shares issued yesterday (300225) is only 23.41 times, which creates a new low price earnings ratio of the whole gem.

Judging from the current trend of the IPO, the stocks with low price earnings ratio are relatively strong. Perhaps only when the gem valuation is more reasonable, will there be signs of bottoming out.