On the performance of the capital market, from the perspective of price-earnings ratio, ZOY Living, Qeeka (Jia.com) and DingGu Top Strong, newly listed in 2018, are currently 30 times, 36 times and 38 times respectively, which is 23 times much higher than that at the time of issue. Compared with the home furnishing companies listed in 2017, the average price-earnings ratio is 20 times, and the difference is very obvious.

From the 2017 and 2018 home business listing statistics, two key pieces of information can be found to support investors' preferences.

First, investors are more generous in corporate finance over a long history of development.

Among the companies listed in 2017, the highest raised funds were Opegain's home of 2.08 billion yuan, which was founded 24 years ago. It is the largest of all 14 companies. The Mona Lisa and Mercury Home Textiles, which raised more than 1 billion yuan, were founded in 1920 and in 1918 respectively; secondly, investors give higher investment risk positioning to companies with shorter development history. Among the 14 listed companies listed in the statistics, 6 companies with an average price-earnings ratio were found to have an average creation time of 13.67 years, and the other 8 companies averaged 18.75 years.

which type of business that investors no longer support, it is also obvious.  

In the capital market, Qeeka Technology suffered a break on the day of listing. Since the listing in July, Qeeka Technology's share price has fallen more than 30% to close on December 18, and the market value has evaporated by more than 2 billion Hong Kong, China dollars. The total market value has fallen to 37.6 billion in Hong Kong, China dollars.

The financial report shows that Qeeka Technology has suffered losses for three consecutive years. As of December 31, 2017, the accumulated loss was about 1.627 billion yuan. In the first half of this year, Qeeka Technology's profitability improved, with adjusted net profit of $21 million, compared with a revised loss of $38 million in the same period last year.

（Source: JJgle.com）