The Research Of Listed Companies Raised Funds Over Investment Strategy

SMES world national economy occupies important position. In achieving stable growth in the national economy, alleviating employment pressure, stimulating private investment and other aspects of optimizing the economic structure plays an important role.Enterprise development and expansion of the scale without the financial support, corporate finance has become the core strategy development. In recent years, with the deepening reform of China's investment and financing and capital markets continue to improve, through the shareholding system reform, establishment of stock exchanges, the establishment and development of financial markets, but also the development of China's enterprises to mature stage. Some of the fast development of the urgent need to address funding problems of SMES, bank loans difficult to meet the situation, some joint-stock enterprise group began public offering.In the absence of adequate monitoring of cases, exogenous financing of enterprises are often the leading personal intention manifestation of the raised funds are often invested in many projects, financing, investment, scientific are not high, investment risk. Moreover, because the IPO market pricing mechanism has some defects, as well as to develop the SME board and the GEM and other reasons, after 2009, small companies are often the actual net proceeds exceed the amount of fund-raising plan, over plans to raise funds part is the "super-raised funds." In 2010, ultra solicits the fund the scale to continue to increase year by year, obtains ultra solicits the fund the enterprise more and more to be also many, ultra solicits the fund investment situation as well as ultra solicits the fund the use efficiency and so on to become the focal point which the supervising and managing department, the investor and so on pays attention in every way.This article focus on the SME board and GEM listed companies raised funds over the situation, was to investigate the issue of shares of listed companies to complete and achieved super raise the funds for investment strategy, through the investment strategy of the study, to express the importance of investment strategy for enterprise development and investment strategies for listed companies, especially outside made their own plans of Super-raising funds of listed companies, how to determine the right investment strategy, maintain a sustainable, long-term development, also have a practical value and future value.Article combinative instances Jereh share the proceeds of the proposed market segments, the professional development (strategy) is a small enterprise, started the rational selection of enterprise and stages of development, and for small and medium businesses, In particular has raise funds or super strong financial support for SMES, in determining the investment policies should focus on the factors and principles, focusing on professional, you can avoid future adjustment of development strategy of "refocusing" process, and can be used by small and medium enterprises in determining investment strategy reference.