{"id":29790,"date":"2023-12-07T08:40:56","date_gmt":"2023-12-07T08:40:56","guid":{"rendered":"https:\/\/masterskills.org\/blog\/duoi-muc-dang-ki-undersubscribed-la-gi-cac-yeu-to-co-the-gay-ra-viec-duoi-muc-dang-ki.html"},"modified":"2023-12-23T06:10:36","modified_gmt":"2023-12-22T23:10:36","slug":"duoi-muc-dang-ki-undersubscribed-la-gi-cac-yeu-to-co-the-gay-ra-viec-duoi-muc-dang-ki","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/duoi-muc-dang-ki-undersubscribed-la-gi-cac-yeu-to-co-the-gay-ra-viec-duoi-muc-dang-ki.html","title":{"rendered":"D\u01b0\u1edbi m\u1ee9c \u0111\u0103ng k\u00ed (Undersubscribed) l\u00e0 g\u00ec? C\u00e1c y\u1ebfu t\u1ed1 c\u00f3 th\u1ec3 g\u00e2y ra vi\u1ec7c d\u01b0\u1edbi m\u1ee9c \u0111\u0103ng k\u00ed"},"content":{"rendered":"
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\u1ea2nh minh h\u1ecda: Investopedia<\/p>\n<\/figcaption><\/figure>\n

D\u01b0\u1edbi m\u1ee9c \u0111\u0103ng k\u00ed<\/font><\/h2>\n

Kh\u00e1i ni\u1ec7m<\/b><\/p>\n

D\u01b0\u1edbi m\u1ee9c \u0111\u0103ng k\u00ed<\/b> trong ti\u1ebfng Anh l\u00e0 Undersubcribed.<\/b><\/p>\n

D\u01b0\u1edbi m\u1ee9c \u0111\u0103ng k\u00ed<\/b> l\u00e0 m\u1ed9t tr\u1ea1ng th\u00e1i khi nhu c\u1ea7u ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu l\u1ea7n \u0111\u1ea7u ra c\u00f4ng ch\u00fang (IPO) ho\u1eb7c ch\u00e0o b\u00e1n ch\u1ee9ng kho\u00e1n kh\u00e1c \u00edt h\u01a1n s\u1ed1 l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu ph\u00e1t h\u00e0nh. Nguy\u00ean nh\u00e2n c\u1ee7a d\u01b0\u1edbi m\u1ee9c \u0111\u0103ng k\u00ed th\u01b0\u1eddng do gi\u00e1 ch\u1ee9ng kho\u00e1n b\u00e1n ra qu\u00e1 \u0111\u1eaft.<\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a d\u01b0\u1edbi m\u1ee9c \u0111\u0103ng k\u00ed<\/font><\/h3>\n

M\u1ed9t \u0111\u1ee3t ch\u00e0o b\u00e1n \u0111\u01b0\u1ee3c coi l\u00e0 d\u01b0\u1edbi m\u1ee9c \u0111\u0103ng k\u00ed khi ng\u01b0\u1eddi b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh ch\u1ee9ng kho\u00e1n kh\u00f4ng th\u1ec3 c\u00f3 \u0111\u1ee7 ti\u1ec1n l\u00e3i t\u1eeb vi\u1ec7c rao b\u00e1n c\u1ed5 phi\u1ebfu. B\u1edfi v\u00ec c\u00f3 th\u1ec3 kh\u00f4ng c\u00f3 gi\u00e1 ch\u00e0o b\u00e1n c\u1ed1 \u0111\u1ecbnh t\u1ea1i th\u1eddi \u0111i\u1ec3m \u0111\u00f3 n\u00ean ng\u01b0\u1eddi mua th\u01b0\u1eddng \u0111\u0103ng k\u00ed m\u1ed9t s\u1ed1 l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu nh\u1ea5t \u0111\u1ecbnh. Qu\u00e1 tr\u00ecnh n\u00e0y cho ph\u00e9p ng\u01b0\u1eddi b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu \u0111\u00e1nh gi\u00e1 nhu c\u1ea7u v\u1ec1 vi\u1ec7c ch\u00e0o b\u00e1n v\u00e0 x\u00e1c \u0111\u1ecbnh xem m\u1ee9c gi\u00e1 \u0111\u00e3 \u0111\u01b0a ra c\u00f3 h\u1ee3p l\u00ed hay kh\u00f4ng.<\/p>\n

Th\u00f4ng th\u01b0\u1eddng, m\u1ee5c ti\u00eau c\u1ee7a \u0111\u1ee3t ch\u00e0o b\u00e1n c\u00f4ng khai l\u00e0 b\u00e1n c\u1ed5 phi\u1ebfu \u0111\u00fang gi\u00e1. Khi \u0111\u00f3 t\u1ea5t c\u1ea3 c\u1ed5 phi\u1ebfu ph\u00e1t h\u00e0nh c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c b\u00e1n cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0, v\u00e0 kh\u00f4ng c\u00f3 s\u1ef1 thi\u1ebfu h\u1ee5t c\u0169ng nh\u01b0 th\u1eb7ng d\u01b0 ch\u1ee9ng kho\u00e1n. N\u1ebfu c\u1ea7u qu\u00e1 th\u1ea5p, nh\u00e0 b\u1ea3o l\u00e3nh v\u00e0 nh\u00e0 ph\u00e1t h\u00e0nh c\u00f3 th\u1ec3 h\u1ea1 gi\u00e1 \u0111\u1ec3 thu h\u00fat nhi\u1ec1u ng\u01b0\u1eddi mua h\u01a1n. N\u1ebfu l\u01b0\u1ee3ng c\u1ea7u c\u1ee7a \u0111\u1ee3t ch\u00e0o b\u00e1n c\u00f4ng khai l\u1edbn h\u01a1n l\u01b0\u1ee3ng cung, gi\u00e1 ch\u1ee9ng kho\u00e1n c\u00f3 th\u1ec3 \u0111\u1ea9y l\u00ean cao h\u01a1n v\u00e0 nh\u00e0 ph\u00e1t h\u00e0nh c\u00f3 th\u1ec3 huy \u0111\u1ed9ng \u0111\u01b0\u1ee3c nhi\u1ec1u v\u1ed1n h\u01a1n.\u00a0<\/p>\n

M\u1eb7t kh\u00e1c, n\u1ebfu gi\u00e1 qu\u00e1 cao s\u1ebd kh\u00f4ng c\u00f3 \u0111\u1ee7 nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u0103ng k\u00ed mua c\u1ed5 phi\u1ebfu v\u00e0 c\u00f4ng ty b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh s\u1ebd ph\u1ea3i b\u1ecf l\u1ea1i s\u1ed1 c\u1ed5 phi\u1ebfu m\u00e0 c\u00f4ng ty kh\u00f4ng th\u1ec3 b\u00e1n ho\u1eb7c ph\u1ea3i gi\u1ea3m gi\u00e1 b\u00e1n v\u00e0 ch\u1ecbu t\u1ed5n th\u1ea5t ph\u00e1t sinh.<\/p>\n

C\u00e1c y\u1ebfu t\u1ed1 c\u00f3 th\u1ec3 g\u00e2y ra vi\u1ec7c d\u01b0\u1edbi m\u1ee9c \u0111\u0103ng k\u00ed<\/font><\/h3>\n

Khi nh\u00e0 b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh b\u00e1n h\u1ebft t\u1ea5t c\u1ea3 c\u1ed5 phi\u1ebfu trong \u0111\u1ee3t ch\u00e0o b\u00e1n th\u00ec vi\u1ec7c n\u00e0y s\u1ebd k\u1ebft th\u00fac \u0111\u1ee3t ch\u00e0o b\u00e1n. C\u00f4ng ty ph\u00e1t h\u00e0nh s\u1ebd nh\u1eadn s\u1ed1 ti\u1ec1n huy \u0111\u1ed9ng \u0111\u01b0\u1ee3c tr\u1eeb \u0111i ph\u00ed b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh. \u0110\u00f4i khi, khi c\u00e1c nh\u00e0 b\u1ea3o l\u00e3nh kh\u00f4ng th\u1ec3 t\u00ecm \u0111\u1ee7 nh\u00e0 \u0111\u1ea7u t\u01b0 mua c\u1ed5 phi\u1ebfu trong \u0111\u1ee3t IPO, h\u1ecd bu\u1ed9c ph\u1ea3i mua s\u1ed1 c\u1ed5 phi\u1ebfu kh\u00f4ng th\u1ec3 b\u00e1n ra c\u00f4ng ch\u00fang.<\/p>\n

M\u1eb7c d\u00f9 nh\u00e0 b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh c\u00f3 th\u1ec3 c\u00f3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn gi\u00e1 ban \u0111\u1ea7u c\u1ee7a ch\u1ee9ng kho\u00e1n nh\u01b0ng h\u1ecd kh\u00f4ng \u0111\u01b0\u1ee3c quy\u1ebft \u0111\u1ecbnh v\u00e0o vi\u1ec7c b\u00e1n trong ng\u00e0y \u0111\u1ea7u ti\u00ean c\u1ee7a IPO. Khi ng\u01b0\u1eddi mua b\u1eaft \u0111\u1ea7u b\u00e1n c\u1ed5 phi\u1ebfu tr\u00ean th\u1ecb tr\u01b0\u1eddng th\u1ee9 c\u1ea5p, l\u01b0\u1ee3ng cung v\u00e0 c\u1ea7u tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u1ef1 do quy\u1ebft \u0111\u1ecbnh gi\u00e1 v\u00e0 \u0111i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 b\u00e1n ban \u0111\u1ea7u c\u1ee7a IPO. C\u00e1c nh\u00e0 b\u1ea3o l\u00e3nh th\u01b0\u1eddng duy tr\u00ec m\u1ed9t th\u1ecb tr\u01b0\u1eddng th\u1ee9 c\u1ea5p cho nh\u1eefng ch\u1ee9ng kho\u00e1n m\u00e0 h\u1ecd ph\u00e1t h\u00e0nh, \u0111i\u1ec1u \u0111\u00f3 c\u00f3 ngh\u0129a l\u00e0 h\u1ecd \u0111\u1ed3ng \u00fd mua ho\u1eb7c b\u00e1n ch\u1ee9ng kho\u00e1n t\u1eeb h\u00e0ng t\u1ed3n kho c\u1ee7a ch\u00ednh m\u00ecnh \u0111\u1ec3 b\u1ea3o v\u1ec7 gi\u00e1 ch\u1ee9ng kho\u00e1n kh\u1ecfi s\u1ef1 bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh.<\/p>\n

(Theo Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n D\u01b0\u1edbi m\u1ee9c \u0111\u0103ng k\u00ed (ti\u1ebfng Anh: Undersubscribed) l\u00e0 m\u1ed9t tr\u1ea1ng th\u00e1i khi nhu c\u1ea7u ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu l\u1ea7n \u0111\u1ea7u ra c\u00f4ng ch\u00fang ho\u1eb7c ch\u00e0o b\u00e1n ch\u1ee9ng kho\u00e1n kh\u00e1c \u00edt h\u01a1n s\u1ed1 l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu ph\u00e1t h\u00e0nh.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/29790"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=29790"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/29790\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=29790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=29790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=29790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}