证券市场新股发行沿用至 今的审批制终于走到了尽头。新股上市实行核准制、放开发行规模、放开发行价格将给证券市场带来以下影响。 一级市场 零风险高收益不复存在 一级市场市场化之后,由于投资者不敢盲目申购,新股中签率将上升,两级市场之间的价差将因为发行效率的提高而下降,一级市场的实际年 The examination and approval system that has been in use since the issuance of the stock market has finally come to an end. The listing of new shares approved the implementation of the system, opening up the scale of the release, let go of the issue price will bring the following impact on the stock market. Zero-risk high-yield market no longer exists After the market-based primary market, investors can not blindly purchase, the success rate of new shares will rise, the spread between the two markets will be due to the issuance of higher efficiency and decline in the primary market The actual year