今年，在中国大陆发行的15家最大的新股中，有8个股价低于其交易首日的价格。
Of the 15 largest offerings to have debuted on the mainland exchanges this year, the share prices of eight are below their first-day close.
优酷新股发行第二天，仍在首日上涨的基础上，继续上攻。
新东方首日收盘价较之其发行价飙升了39％，是今年4月以来纽交所首日表现最好的新股票。
New Oriental soared 39 percent after their initial public offering, the biggest first-day gain for a new stock since April.
5月4日，社交网络公司人人网(Renren)在交易日首日眼见着股价上涨了29%，尽管之后又跌回到接近发行价位。
And on May 4th Renren, a social network, saw its share price rise by 29% on the first day of trading, though it has fallen back almost to where it started.
邮品包括邮票、版票、小全张、套折及已盖销首日封(只限于发行首日在38间集邮局发售)。
Stamp products include mint stamps, stamp sheets, souvenir sheet, presentation pack and serviced first day cover (available at the 38 philatelic offices on the issue day only).
IPO抑价是指股票的发行价格低于上市首日价格，从而产生正的初始收益的现象。
IPO underpricing is a phenomenon that the stock's issue price is lower than the list price at the first day. so cause positive profit.
而发行政策的变化、不同的行业特征、新股上市首日大盘涨跌幅对于新股发行抑价的影响并不明显。
However, the IPO policy, industry characteristics and the initial return don't have any effect on the IPO underpricing.
而发行政策的变化、不同的行业特征、新股上市首日大盘涨跌幅对于新股发行抑价的影响并不明显。
However, the IPO policy, industry characteristics and the initial return don't have any effect on the IPO underpricing.
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