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As a stockbroker in the city of london in the 1980s , one of my hobbies was " stagging " hot new issues .

上世纪80年代在伦敦金融城作股票经纪人时，我的嗜好之一就是“炒”热门新股。

Critics say stagging is risky for investors and could hurt the share prices of new listed companies in the long term .

批评人士表示，新股套利这种做法对投资者是具有相当风险的，并有可能在远期损害上市公司的股价行情。

In order to prevent people from stagging , investors are being offered a bonus if they keep their shares for longer than two years .

为了阻止人们倒卖股票，投资者有持股两年以上便会得到一份红利。