But it is the amount of funds being put into the subscriptions for the IPOs that is abnormal. Disregarding the Leap market, which is meant only for sophisticated investors, the Main Market and Ace Market IPOs have seen retailers pumping in RM472. 54mil per IPO on average....
The liquidity is still out there but it’s not flowing into the market, at least not directly.“ They are just purely applying for IPOs because if you look at the track records, they are technically free money if you get them
综合
星报-商业
2021-06-26 00:00:00.0