In 2021, driven by the continuous reform of the registration system, A-share IPO market highlights frequently, breaking a number of historical records.
In the whole year, a total of 524 listed companies succeeded in IPO “Chong a”, with a total fund-raising of 543.773.2 billion yuan (including companies listed on the Beijing stock exchange), both of which set a historical record.
The above 524 listed companies raised an average of 1.038 billion yuan, of which 80% of the listed companies raised less than 1 billion yuan, and about 10 companies raised less than 100 million yuan.
This year, there were many highlights of A-share IPO: “the three telecom giants” China Mobile and China Telecom Corporation Limited(601728) return to A-share successively brushed the IPO scale in the new year, the total amount of abandonment by China Mobile was 756 million yuan, a record, and the issue price of new shares Hemai was 557.8 yuan, a record.
This year, investors experienced Dook Media Group Limited(301025) which soared 19 times on the first day, Chengdu Xgimi Technology Co.Ltd(688696) which earned nearly 200000 on the first day, and also experienced the “disillusionment of the myth of winning the new and not losing the new” in October this year. There were frequent new and abandoned purchases, as well as Liaoning Chengda Biotechnology Co.Ltd(688739) which plummeted 27.27% on the first day. In short, “if someone wins the lottery, if someone wins the lottery”.
The Associated Press of Finance summarized eight new scenes of A-share IPO in 2021:
China Mobile was elected the largest IPO in 2021, with a total raised capital of 56 billion yuan
The two giants are expected to raise more than 100 billion yuan from the initial public offering, which can be regarded as a major A-share event.
On May 7, 2021, China Mobile, China United Network Communications Limited(600050) , China Telecom Corporation Limited(601728) announced that the depositary shares in the U.S. stock market were off the market. After delisting from the United States, China Mobile and China Telecom Corporation Limited(601728) returned to A-Shares one after another, refreshing the initial fund-raising scale of A-Shares this year. China Telecom Corporation Limited(601728) was listed on August 20, and the initial fund raised was 47.904 billion yuan. China Mobile will be listed recently. If the “green shoe mechanism” is fully implemented, the fund-raising scale will reach 56 billion yuan.
Hemai shares was elected as the largest over raised new shares this year, with an over raised fund of 5.02 billion yuan
In 2021, driven by the reform of registration system and increasing direct financing, there are more and more over raised IPO projects. According to the statistics of the financial Associated Press, since this year, about 60% of IPO projects have realized over raising, and the total scale of over raising accounts for about 40% of the total scale of expected fund-raising. Among them, Hemai shares, the “most expensive new share of a shares” with a payment of 280000, raised more than 5.02 billion yuan, topping the list of over raised scale this year.
For the over raised idle funds, most companies are mainly used to buy investment products with high security, invest in new projects, buy back company shares from the secondary market, participate in offline innovation of other listed companies, etc.
China Mobile was elected the highest repurchasing amount in the history of a shares, with a total repurchasing of 756 million
On December 27, China Mobile disclosed the issuance results. Among them, the abandonment amount of online investors was 743 million yuan and that of offline investors was 12.7049 million yuan, with a total abandonment amount of 756 million yuan. The first lot on the main board of Shanghai Stock Exchange was 1000 shares, which means that tens of thousands of online investors chose to give up and did not pay after winning the lot.
It is worth mentioning that Postal Savings Bank Of China Co.Ltd(601658) had the highest amount of A-share abandonment. The amount of online abandonment was 616 million yuan, the amount of offline abandonment was 37.47 million yuan, and the total amount of abandonment was 653 million yuan. Today, China Mobile’s abandonment amount of 756 million yuan has directly refreshed the record of the highest abandonment amount of a shares.
Hemai shares was elected as the most expensive new share in the history of a shares, with an issue price of 557.8 yuan
High priced stocks frequently appeared in the new market in 2021. According to xingkuang data, among the 100 stocks with the highest IPO price in the history of a shares, 30% were issued in 2021. Among them, the most expensive is the Hemai shares issued at the end of the year, with an issue price of 557.8 yuan, far exceeding the 292.92 yuan of the second place Sino Biological Inc(301047) .
For individual stocks issued at a high price, it has aroused the greatest concern of the market, and too high single signature payment amount will lead to a high abandonment rate. According to the data, the first signing payment of Hemai shares was nearly 280000 yuan, resulting in more than 18% of online lottery winners choosing to abandon the purchase.
it is worth noting that the lead underwriters of these two shares are Citic Securities Company Limited(600030) . According to relevant agreements, Citic Securities Company Limited(600030) will underwrite these abandoned shares. Hemai shares rose 47.72% on the first day of trading, and the share price hit 824 yuan; The first day of Sino Biological Inc(301047) rose to close at 68.41%, Citic Securities Company Limited(600030) made a lot of money by “picking up leaks” on the first day?
soared 19 times on the first day, earning nearly 200000
In 2021, some people won lots, such as winning a prize: Dook Media Group Limited(301025) 1 day soared 19 times, Chengdu Xgimi Technology Co.Ltd(688696) 1 signed nearly 200000, Chutian Dragon Co.Ltd(003040) has recorded 16 one character boards since its listing.
According to the data, three new shares rose more than 10 times on the first day of listing. Among them, Dook Media Group Limited(301025) as one of the largest private publishers in China, has the blessing of many heavy IP writers such as Liu Cixin. The listing of the stock set two records: the lowest issuance price of gem was 1.55 yuan / share, and the highest first day increase of gem was 1942.58%.
Chengdu Xgimi Technology Co.Ltd(688696) closed up 296.32% on the first day of listing. Under the issue price plus of 133.73 yuan / share, won one Chengdu Xgimi Technology Co.Ltd(688696) , and investors can make a net profit of nearly 200000 yuan on the first day of listing.
the myth of “winning new and invincible” is broken! On the first day, it plummeted by 27.27%, with a single signing loss of nearly 15000 yuan
In October 2021, new shares broke one after another, which deterred many investors from playing new. Since October, the A-share market has broken a large number of new shares, and the number of broken shares in a single month has reached a new high in recent 15 years. From the market point of view, high valuation and pricing are one of the important factors for the breaking of new shares.
According to the data, Liaoning Chengda Biotechnology Co.Ltd(688739) fell the most on the first day (relative to the issue price), reaching 27.27%. According to the closing price of the first day, the first batch of 500 shares, and the successful shareholders lost nearly 15000 yuan.
Finally, with the reform of the registration system and the advent of the Beijing stock exchange, let’s look forward to the new start of the A-share IPO market in 2022!
(Financial Associated Press)
