According to the IPO arrangement, three new shares will be subscribed next week, including two new shares on the main board and one new share on the Beijing stock exchange.
Beijing stock exchange’s new shares of scientific and innovative materials are specialized in special new “little giant” enterprises; Shenzhen Mingke Precision Technology Co., Ltd. is a supplier of precision stamping dies; Jiangsu Huachen, a new stock on the main board of Shanghai Stock Exchange, is a manufacturer of transmission, distribution and control equipment.
The focus of this week’s IPO is on the first is the nano core micro with the highest issuance price this year, and the second is CNOOC, which has the largest issuance scale this year. Both new shares were abandoned by online investors on a large scale at the issuance stage, but they performed well after listing.
year’s largest IPO and year’s most expensive new shares
On Thursday, CNOOC, the largest issuer this year, was listed on the main board of Shanghai Stock Exchange. After opening, it rose to the upper limit of nearly 44% and closed up 27.69% on the same day. On Friday, CNOOC continued its strong momentum and raised the trading limit shortly after the opening.
According to the latest closing price, CNOOC can earn 4370 yuan. Previously, CNOOC had been abandoned for about 243 million yuan.
On Friday, the most expensive new share of the year, nano core micro, landed on the science and innovation board. After the opening, it rose by nearly 20%, and then narrowed, closing up 12.86% on the same day. If calculated according to the highest intraday price, China first sign nano core micro can earn 22500 yuan; If calculated according to the closing price, the first signing can earn 14800 yuan.
Before going public, wechat also encountered a large-scale abandonment of purchases by online investors, with an amount of 778 million yuan. Nearly 40% of retail investors who won the lottery online chose to abandon their purchases. Many abandoners expressed “regret”, but some investors believe that the short-term increase of new shares should be treated rationally.
Citic Securities Company Limited(600030) recently released a research report that we can pay attention to three aspects about breaking new shares: first, look at the types of new shares. Since October last year, all the new shares broken on the first day have come from the gem and the science and innovation board, while the new shares on the main board (the main boards of Shanghai and Shenzhen) have not broken new shares. Secondly, whether the valuation is high or not, the broken new shares are either higher than 23 times the P / E ratio, or they are not profitable. Finally, look at the issue price. Through the data back test, it is found that there is a certain correlation between the performance of new shares after listing and the issue price.
three new shares will be subscribed next week
Three new shares will be subscribed next week, one on Monday, Tuesday and Thursday.
The new shares of Kechuang new materials applied for by the Beijing stock exchange next Monday have an issue price of 4.6 yuan / share and an issue price earnings ratio of 15.26 times.
Kechuangxin material is a supplier of functional refractories. Its main business is the R & D, production and sales of refractories for iron and steel, nonferrous metals and other industries. Its main products are functional refractories, amorphous refractories and finalized refractories. In November 2020, in the announcement on the list of the second batch of specialized and special new “little giant” enterprises issued by the Bureau of small and medium-sized enterprises of the Ministry of industry and information technology, Kechuang Xincai was recognized as a specialized and special new “little giant” enterprise after passing the audit.
Mingke precision technology, a new share of Shenzhen main board subscribed next Tuesday, is a supplier of precision stamping dies. The estimated issue price is 14.89 yuan / share, the estimated issue P / E ratio is 22.98 times, and the reference Industry P / E ratio is 26.5 times. Dingge’s subscription needs to be matched with the Shenzhen market value of 140000 yuan.
Mingke precision technology is mainly engaged in the R & D, production and sales of precision stamping molds and metal structural parts. It has excellent mold design and development ability, mold manufacturing technology and precision stamping technology. It mainly provides precision stamping molds and metal structural parts for customers in automobile, office equipment, electronic products, building fire protection and other industries.
Jiangsu Huachen, a new stock on the main board of Shanghai Stock Exchange, is a manufacturer of power transmission, distribution and control equipment. The estimated issue price is 8.53 yuan / share, the estimated issue P / E ratio is 22.97 times, and the reference Industry P / E ratio is 38.67 times. Dingge’s subscription needs to be matched with the market value of Shanghai stock market of 160000 yuan.
Jiangsu Huachen is mainly engaged in the R & D, production and sales of transmission and distribution and control equipment. Its main products include dry-type transformers, oil immersed transformers, box type substations and complete sets of electrical equipment. As an important part of the power system, power transmission and distribution and control equipment are widely used in power grid, new energy (wind, light and storage), rail transit, electric vehicle charging pile, industrial manufacturing, infrastructure construction, real estate construction and other industries.
