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Aref Private ID: 183037573
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    Aref commented on
    $Mitsubishi Heavy Industries (7011.JP)$     I do expect a correction in the upcoming week or two, which will be a good opportunity to increase positions !
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    Today, $Tokyo Metro (9023.JP)$(commonly known asTokyo MetroListed on the Tokyo Main Board (IPO) market. The opening price was set just after 10 am, at 1630 yen, higher than the offering price of 1200 yen.The closing price rose by 44.9% to ¥1,739, surpassing the offering price.The closing price rose by 44.9% to ¥1,739, surpassing the offering price.The closing price rose by 44.9% to ¥1,739, surpassing the offering price.It reached 1739 yen.
    In this ipos, Tokyo Metro raised 348.6 billion yen from the market. This new listing of a large company is the first in 6 years since SoftBank in 2018. Did you all participate?
    I think many people were paying attention to the opening status this morning, but the opening price did not stabilize until 10 a.m.
    You may have wondered, 'Why is that?' Today, I will introduce you to the 'special quotation' system, which is the reason for that.Special IndicationsI will explain about the system!
    What is a special quote (tokubetsu kehai)?
    Special IndicationsRefers to the situation where trading is temporarily suspended when a large number of 'buy orders' or 'sell orders' are concentrated and trades are not executed.Temporarily suspended.situation when there are many buy orders is called Special buy indications」, if there are many sell orders, it is called 「Special sell indications」.
    Special indications are part of a system established by the Tokyo Stock Exchange, and the sudden...
    Translated
    Explaining the reason why Tokyo Metro did not open at 9:00 on the listing day!
    Explaining the reason why Tokyo Metro did not open at 9:00 on the listing day!
    Explaining the reason why Tokyo Metro did not open at 9:00 on the listing day!
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