On January 21, Bank of Lanzhou did not seal the fifth trading limit after listing, closing up 5.26% to 7.2 yuan / share, which has doubled compared with the issue price of 3.57 yuan.
On Monday, Bank of Lanzhou was listed on the main board of Shenzhen stock market. As the first bank stock issued by “breaking net” in the market, some new investors and institutions gave up their subscription due to the previous large market differences. The Bank of Lanzhou doubled its listing in one week, exceeding market expectations.
the first “broken net” issued bank shares
over 3.6 million shares abandoned
Since the beginning of the year, new shares have been cold and broken frequently. As the first bank share to be issued in 2022, the issuing price of Bank of Lanzhou is 3.57 yuan, which is lower than the net asset per share of 4.43 yuan before issuance, and the corresponding P / E ratio in 2020 is 22.97 times.
With the successful listing of Bank of Lanzhou, A-share listed banks expanded to 42, and listed city commercial banks also welcomed the 17th member. However, as the first bank stock issued by “breaking net” in the market, some new investors and institutions gave up their subscription due to the previous large market differences.
The issuance results of Bank of Lanzhou show that the final number of online issuance of Bank of Lanzhou is 513 million shares, accounting for 90% of the total issuance; The final number of offline shares issued was 569.567 billion, accounting for 10% of the total issued this time. Among them, online investors abandoned the subscription of 3.5412 million shares and the subscription amount was 12.6422 million yuan; Offline investors abandoned their subscription of 60700 shares and the subscription amount was 216500 yuan.
According to the announcement, the number of shares abandoned by online and offline investors will be underwritten by the sponsor (lead underwriter). The number of underwritten shares is 3601900 shares, the underwritten amount is 12.8587 million yuan, and the underwritten proportion is 0.63%.
share price has doubled
hot money running admission
In the context of large market differences, Lanzhou bank has been trading for many days since its listing on January 17. At present, its share price has doubled compared with the issue price, exceeding market expectations.
On January 21, the data of the after hours dragon and tiger list showed that bank of Lanzhou was listed because the turnover rate reached 20% on that day. Bank of Lanzhou closed at 7.20 yuan, an increase of 5.26%, the turnover rate was 70.54%, and the turnover was 2.94 billion yuan.
According to the data of the dragon and tiger list, Orient Securities Company Limited(600958) the business position of Yuanshen Road, Pudong New Area, Shanghai listed one seat, with a net purchase of 49.2965 million yuan on the same day and 9.194 million yuan for the seats of the two institutions all day.
According to the prospectus of Bank of Lanzhou, the net profit attributable to the parent company from 2018 to 2020 and the first three quarters of 2021 were RMB 2.25 billion, RMB 1.46 billion, RMB 1.49 billion and RMB 1.254 billion respectively. According to preliminary calculation, Bank of Lanzhou expects the operating revenue to be 7.815 billion yuan – 7.932 billion yuan in 2021, with a year-on-year increase of 7% – 8.6%; The net profit attributable to the owners of the parent company is expected to be RMB 1.527 billion-1.637 billion, with a year-on-year increase of 2.29% – 9.66%.
Recently, a number of securities companies have also released research reports and are optimistic about bank stocks in 2022. China International Capital Corporation Limited(601995) said that it is optimistic about the performance of bank stocks in 2022. The compression of Industry Valuation since 2018 is expected to be repaired. After high-quality banks experience “poverty, they think of change”, the potential of wealth management and science and technology empowerment is released, ushering in “the good times come”.
