The domestic investment Banks not scolded is international investment Banks

Recently, when the nets CEO LiGuoQing "nets scold" main underwriter, Morgan Stanley (the) to the market's attention. LiGuoQing are "nets scold" big ", because LiGuoQing think the underwriting dangdang network shares listed in the process to intentionally down the issue price dangdang network shares. Dangdang network were $16, but December 8, 2010, dangdang network in the first report listed's closing price of $29.91, after a 86.94% rise. Therefore, LiGuoQing feel as the main underwriter of the big his stock to sell cheap, so the question to offer down. So said, LiGuoQing "nets scold" is not reasonable. However, dilettante watch the scene of bustle, adept to the contents. As the stock market investors and managers, and market participants, LiGuoQing "nets scold" about the is undoubtedly worth pondering. Especially after January 18 a-share market NBA Jerseys only new shares listed five full break after the tragedy, the author thought, really this scolded the not so some international investment Banks, but domestic a-share market, with the main sponsor of the underwriters. In fact, as an international investment Banks for, the this "" scolded's own work best for sure. LiGuoQing "nets called" the big, at least show that the performance of the underwriter, responsibilities, and not into the arms of the issuer, will their own interests and distribution of interests bind together, and then together to damage the interests of investors. That, it is the domestic a-share market, it is certainly valuable. For the A share market, it won't happen "nets scold" investment Banks of the event. 

In A field of the stock market, the sponsor or main underwriter and the interests of the issuer agrees completely, they are community of interests. Stock price is higher, the sponsor or underwriter, get the more interests. Therefore, the sponsor or bearing pin business always tried to the issuing price of high stocks, even at the cost to help the issuer fraud. Can say, in order to obtain higher funding costs, A share market sponsor and underwriters, and fully commit ourselves to the issuer of bosom embrace and that the sponsor and the underwriter, completely lost objective, to be the spokesperson for the issuer suddenly investors. Also because of this, that created A share market shares "three highs" (high price, high p/e ratio, superb offering) NFL Jerseys issue. January 18, A share market only five new break festival, is the sponsor and the underwriter blindly ipo price produces high consequences. So, the domestic investment Banks is really should be scolded. Of course, call names is not the solution to the problem, solve the problem than to call names even more important. In this respect, scolded the may give the Chinese stock market to beneficial enlightenment.