On June 29, I will approve the first application of Changfei Optical Fiber & Cable Co., Ltd. according to legal procedures. Changfei Optical Fiber Cable Co., Ltd. and its underwriters will negotiate with the Shanghai Stock Exchange to determine the issuance schedule and publish the prospectus documents.
In the first half of 2018, IPO approval became strict and the issuance rate of new stocks slowed down. Only 62 new stocks were issued, 175 less than the first half of last year. Ten companies raised more than 2 billion yuan, totaling 57.5 billion yuan, accounting for 62.34% of the total IPO fundraising in the first half of the year!
On the other hand, the IPO speedup of innovative companies within the territory, such as the Ningde Times and the Industrial Fulian, respectively, only used 22 days and 13 days to complete the waiting period.
The A-share market has transformed from a highly intensive issuance of new shares to a quality-first market.
The number of new shares decreased significantly, and the average amount of fundraising rose significantly
According to the statistics of 21 data news labs, there were 62 new shares in the first half of 2018 (according to the online issue date statistics), which was 175 less than the first half of last year. However, the total fund-raising amounted to 92.2 billion yuan, a decrease of only 20.96% from the same period of last year.
From this we can see that the average fundraising scale in the first half of this year increased significantly to 1.487 billion yuan, which is 3 times the same period last year!
This is mainly due to the IPO of Jumeirah Foxconn going public, financial stocks (West China Securities, Jiangsu Leasing, etc.) and high-quality companies ("Unicorn", PharmaTech, Ningde, etc.).
In the first half of 2018, there were 10 companies with an IPO fundraising of more than 2 billion yuan (5 companies in the same period of last year) and a total of 57.5 billion yuan in fundraising (a total of 5 companies last year totaled 13.5 billion yuan), which accounted for 62.34% of the total capital raised in the first half of the new shares. !
Among them, Foxconn used only 36 days, and its fund-raising amount was approximately 27.1 billion yuan. It was the largest IPO after Guotai Junan in June 2015 and the 11th largest IPO in the history of A-shares.
Jiangsu, Guangdong and Zhejiang have the most IPOs
From the perspective of regional distribution, A share IPOs were distributed in 17 provinces (municipalities, autonomous regions) in the first half of 2018, mainly in the economically developed coastal areas. Judging from the number of IPOs, Jiangsu ranks the most; from the perspective of IPO fundraising and new stock market values, Guangdong ranks first.
With respect to the number of IPOs, in the first half of 2018, a total of 12 companies were listed in Jiangsu, accounting for 19.35% of the total in the country. Followed by Guangdong, Zhejiang, are 10. In addition, there are more than three in Shanghai, Sichuan and Beijing.
In terms of IPO fundraising amount and total market capitalization, statistics show that the total fundraising of 10 companies listed in the first half of 2018 in Guangdong reached 33.186 billion yuan, accounting for 36% of the total fundraising in the A-share market; as of June 29, the 10 companies The company's total market value reached 482.174 billion yuan, accounting for 34.15% of new shares.
The largest number of new shares in the automotive industry, the most gold in the electronics industry
Judging from the industry distribution of new shares, the automobile industry has the most, up to six, and there are five electrical equipment, electronics, chemicals, machinery and equipment, and computers. The above six industries account for nearly 50% of the total.
Compared with the same period in 2017, the proportion of non-ferrous metals, transportation, finance, commercial trade, computers, real estate, and food and beverage increased in the overall industry distribution of A shares; the proportion of chemicals, textile and clothing, light manufacturing, and machinery and equipment decreased. The proportion of new industries has risen, and the proportion of traditional manufacturing has declined.
In terms of the amount of funds raised, the amount of funds raised by the electronics industry was 31.5 billion yuan, followed by non-bank financials which also exceeded 10 billion yuan, reaching 12.177 billion yuan. Electrical equipment, food and beverages followed closely, and both were more than 5 billion yuan.
(Source: 21st Century Business Herald)
(Original title: The Securities Regulatory Commission issued an IPO approval on June 29)