jimfromchina

Investors Vote 'No Confidence' in TCM's Management

In China, all IPOs have to be issued around P/E 20-30. The average market P/E is above 50. IPOS are definitely low risk comparing to second market.

Investors Vote 'No Confidence' in TCM's Management

you guys don't understand Chinese stock market.
IPO is lottery based and simply no or a tiny risk. If you are lucky enough to get some IPOs, you money invested will definitely doubled in a week. I already got 10% return in 1.5 months from IPOs.