<story><title>Shenzhen-listed stock increases by 10% each day</title><url>https://www.google.com/finance?q=SHE%3A300431</url></story><parent_chain></parent_chain><comment><author>zhoutong</author><text>It&amp;#x27;s a hugely underpriced IPO in a bubble (Tech stocks average P&amp;#x2F;E is over 100). +&amp;#x2F;- 10% is the price limit in Chinese stock markets.&lt;p&gt;So rather than having a price jump, this stock continues going up with little volume, until the &amp;quot;real market price&amp;quot; is reached.&lt;p&gt;Edit: It&amp;#x27;s oversubscribed by almost 300 times. &lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;mobile.reuters.com&amp;#x2F;article&amp;#x2F;idUSL3N0WI22B20150316?irpc=932&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;mobile.reuters.com&amp;#x2F;article&amp;#x2F;idUSL3N0WI22B20150316?irpc...&lt;/a&gt;</text></comment>
<story><title>Shenzhen-listed stock increases by 10% each day</title><url>https://www.google.com/finance?q=SHE%3A300431</url></story><parent_chain></parent_chain><comment><author>appliance_guide</author><text>see this article for well-written explanation: &lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;www.bloombergview.com&amp;#x2F;articles&amp;#x2F;2015-05-01&amp;#x2F;risky-debt-and-perfect-stocks&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;www.bloombergview.com&amp;#x2F;articles&amp;#x2F;2015-05-01&amp;#x2F;risky-debt-...&lt;/a&gt;</text></comment>