On June 29, I will approve the initial application of Changfei Fiber Optic 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.
In the first half of 2018, the IPO approval has become the norm, and the issuance rate of new shares has slowed down. Only 62 new shares have been issued, a decrease of 175 from the first half of last year. The 10 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 speed of IPOs in innovative enterprises, such as the Ningde era and the industrial Fulian, only took 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 has decreased significantly, and the average amount of funds raised has risen significantly.
According to statistics from 21 Data News Laboratories, there were 62 new shares in the first half of 2018 (according to the online release date), which was 175 fewer than the first half of last year. However, the total amount of fundraising was 92.2 billion, which was only 20.96% lower than the same period last year.
It can be seen that the average fundraising scale in the first half of this year has risen sharply, to 1.487 billion yuan, three times that of the same period last year!
This is mainly because of the listing of Big Mac Foxconn, as well as the IPOs of financial stocks (Huaxi Securities, Jiangsu Leasing, etc.) and high-quality enterprises (“Unicorn” WuXi PharmaTech, Ningde Times, etc.).
In the first half of 2018, there were 10 companies with IPOs raising more than 2 billion (5 in the same period last year), with a total fundraising amount of 57.5 billion yuan (5 last year totaling 13.5 billion yuan), accounting for 62.34% of the total amount of new shares raised in the first half of the year. !
Among them, Foxconn, which only used 36 days, has a fundraising amount of about 27.1 billion yuan. It is the largest IPO after Guotai Junan in June 2015 and the 11th largest IPO in the history of A-shares.
The largest number of IPOs in Jiangsu, Guangdong and Zhejiang
In terms of regional distribution, in the first half of 2018, A-share IPOs were distributed in 17 provinces (municipalities and autonomous regions), mainly in economically developed coastal areas. Judging from the number of IPOs, Jiangsu has the most; from the IPO fundraising amount and the new stock market value, Guangdong ranks first.
In terms of 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 country. Guangdong and Zhejiang followed closely, with 10 companies. In addition, there are more than three in Shanghai, Sichuan and Beijing.
In terms of IPO fundraising and total market capitalization, statistics show that the total amount of funds raised by 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, these 10 companies The company's total market capitalization reached 482.174 billion yuan, accounting for 34.15% of new shares.
The automotive industry has the most new shares, and the electronics industry is the most attractive.
From the perspective of the industry distribution of new shares, the automobile industry has the largest number of up to six, and there are five electrical equipment, electronics, chemicals, machinery and equipment, and computers. The above six industries account for nearly 50%.
Compared with the same period of 2017, the proportion of non-ferrous metals, transportation, finance, commercial trade, computers, real estate, food and beverage increased in the overall industry distribution of A-shares; the proportion of chemical, textile and garment, light industrial manufacturing, machinery and equipment declined. The proportion of emerging industries has risen, and the proportion of traditional manufacturing has declined.
In terms of fundraising, the electronic industry raised 31.5 billion yuan in funds, followed by non-bank finance in more than 10 billion, reaching 12.177 billion yuan, followed by electrical equipment, food and beverage, all above 5 billion yuan.
(Source: 21st Century Business Herald)
(Original title: The Securities and Futures Commission issued an IPO approval on June 29)