Xinhua News Agency, May 17, according to data, as of May 16, 23 companies have successfully traded in Hong Kong stocks during the year. From the margin (that is, margin) situation, 20 companies have been oversubscribed, and only 3 enterprises have undersubscribed. But judging from the performance on the first day of trading, the shares of 13 companies fell on the first day, accounting for nearly 70 per cent. Shares of Puller Group Holdings, Yijun Group Holdings and Lvzhu Bio, which were listed in May, all fell on the first day, falling by 24.62%, 23.44% and 32.93%, respectively. After interviewing a number of people familiar with the above-mentioned companies, the reporter found that some companies are waiting for the best window for listing. For example, a person close to Tuhu told reporters: "Tuhu updated its prospectus for the third time on the Hong Kong Stock Exchange on March 30, and the business is developing smoothly, but the management is still waiting to see the market situation. Plan to choose the right time to complete the listing." (Securities Daily)