Investors concern over GEM board

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Some worry that the new GEM board will divert capital from the main board and hurt the stabilization of the market. But insiders say each listing firm on the GEM board raises only 100 to 200 million yuan in IPOs, and there's lot of free capital in the market. They believe the second board will instead encourage investors to invest.

Many investors are also worrying the stock prices will rise too much on the listing day. The Shenzhen Stock Exchange has said it will take measures to avoid speculation.

Another worry is possible manipulation, as the listing companies on the GEM board are relatively small. Insiders say there's no way to absolutely prevent manipulation, so strengthening supervision is necessary.