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QINGDAO TODAY
在线翻译:
szdaily -> Speak Shenzhen -> 
Uncharted waters 未知水域
    2019-05-07  08:53    Shenzhen Daily

一位正准备帮客户在科创板上市的刘姓投行人士坦称这是一片未知水域:如何给新股定价,哪些是合适的投资者都无先例可循。请看本报昨日的报道:

As investment banker Liu Guangfu prepares to file an application for his client to list on Shanghai’s Nasdaq-style technology board, he is heading into uncharted waters: how to price the new shares and sell them to the right investors.

Until now, guidance set by Chinese regulators on the pricing of initial public offerings (IPOs) has led to artificially depressed valuations, making it easy for bankers to find investors.

“Selling IPO shares was easy before,” said Liu, whose client, a maker of high-end equipment, is seeking an IPO on Shanghai’s new science and technology innovation board, which is due to launch as early as June.

报道中的uncharted waters就是“未知水域”,指不清楚、不熟悉的情况,往往存在困难和危险。例如:

We’re starting to get into uncharted waters exploiting these tax loopholes.

钻这些税收政策的空子将使我们进入危险的未知水域。

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