Study on Risks of Stock Price Decline on the Science and Technology Innovation Board
The creation of the science and technology innovation board has become a landmark event in China's capital market.Sci-tech innovation board aims to make up for the short board of China's capital market to serve scientific and technological innovation.It provides financing channels and financing platforms for science and technology-based enterprises.But in recent years,the stock issue price of many science and technology innovation board enterprises is overpricing,and they have traded below their IPO prices,which is not uncommon.And science and technology innovation board stock price in general continues to fall.The interests between financiers and investors are seperated by market,which is the fundamental reason.And the stock market is not a zero-sum game,but the Pareto improvement.Paying full attention to the interests of investors can effectively avoid the risk of falling stock prices of the science and technology innovation board.This paper firstly clarifies the original intention of the establishment of the stock market,secondly explains that the stock issuance of the enterprise should be the Pareto improvement,then points out the significance of the establishment of the science and technology innovation board and the problem of the downside risk,and finally puts forward relevant suggestions to contribute to the common prosperity and stable development of the market of China's science and technology innovation board.
science and technology innovation boardPareto improvementinvestor interestsinvestor protection
万方数据
维普
