IPO financing reached its highest level since IPO restart in July

IPO financing reached its highest level since IPO restart in July  

IPO financing reached its highest level since IPO restart in July

With the market stable re-standing on 3,000 points, the pace of IPO release quietly speed up. Since the IPO was restarted last November, the IPO has basically kept the rhythm of a daily release, but the pace has accelerated since the start of the week. First, there are two new shares issued today, followed by two new shares in the next Tuesday, and three new shares in the next Wednesday. 3,000 points have become the benchmark of the IPO rhythm.

Since July, including the large-scale shares of Jiangsu Bank, a-share market has 11 new shares issued, the actual financing amount has reached 10.633 billion yuan. July There are three trading days, a-shares also has 4 new shares, including the large-cap Chinese film financing amount of about 4.166 billion yuan. In this way, IPO funding is expected to reach nearly $16.4 billion in July, the highest level since the IPO was restarted in November last year.

Statistics show that since last November, the highest IPO financing month was last December, 10.673 billion, the other months did not exceed tens of billions. This year 3 ~ June, the IPO financing amount is 5.714 billion yuan, 7.581 billion yuan, 6.787 billion yuan and 6.371 billion yuan respectively.

In the first half of this year, the IPO actually financed more than 1 billion yuan of the only exquisite tires, first venture, China's nuclear construction and southern media, and in July, Jiangsu Bank, China Film Two enterprises IPO financing amount of more than 1 billion yuan, respectively, 7.238 billion yuan and 4.166 billion yuan, ranked in the first two of the IPO financing this year.

This year, a-share has issued 79 new shares, of which Zhejiang shares 9. Although the number of IPOs issued by Zhejiang shares amounted to 11.39%, the actual amount of financing was only 3.03 billion, accounting for 7% of the total financing (43.098 billion yuan).

In fact, the speed of IPO issuance, from the SFC approved the issuance of IPO companies are seen. Since the issuance of the new IPO rules, the number of companies approved to issue by the SFC each month is among 10~15, but since July this year, the number of approved IPOs has reached 27, if estimated at $21.1 billion by margin.

There are a lot of bank shares. Of the 14 IPOs approved recently, there are 2 banks, namely, Guiyang Bank and Jiangyin agricultural firm. The number of shares issued by Guiyang Bank is not more than 500 million shares, set the quantity for the previous prospectus, and the number of shares issued by Jiangyin agricultural firm is not more than 209 million shares, about 52% of the previous prospectus set. Jiangyin agricultural firm is scheduled to issue on August 3.

IPO issue speed up

Impact on the market geometry

The pace of IPO issuance is accelerating, investors are most concerned about, will not bring impact on the market? Because the A-share history has been "re-financing, light return" of the ills, excessive expansion caused by the stock market crash cases are not uncommon.

Chango financial experts, the Great Wall Securities Hangzhou branch of the chief investment Gu Linyi that the recent one-week multi-a-share market adjustment, mainly in the previous period has been a certain increase, there is a demand for adjustment, and the Szse strict management unusual trading initiatives, also on the subject of speculation has played a significant role in cooling.

"The IPO speed-up will bring some psychological impact on the market, but the CSRC launched the city of Xintai Electric forced delisting shows that the delisting mechanism is being strengthened, which has a certain hedging on the speed of the IPO." "Contacts said. Investment Instructor: Jinlonghai (zl511045)

It is understood that as of July 21, the SFC accepts 884 starting companies, of which 122 have gone, not over 762. "IPO financing is the basic function of the stock market, but the current ' lake ' phenomenon is still very clear, according to the current pace of the IPO, queuing enterprises at least 3 years to complete the full release. Contacts that the pace of the IPO, the stock market normal financing function is not a bad thing, it is important to improve the market mechanism. "From the present perspective, the market is unlikely to soar, after full adjustment and change of hand, the market still has the possibility of continued upward." ”

July 25, the Securities and Futures Commission organized the "sponsor organization special Training", at the training meeting, the main head of the issue of the SFC, on the IPO audit of the letter in the issue of the false statement, if the SFC in the audit process, found that the listing of the company Information disclosure is not in place, the existence of false, false, leakage, directly on the , and punish the relevant institutions.

An intermediary who knows the content of the meeting said that the materials used for the IPO, such as false statements, had serious consequences. "If the level of the letter is too poor, such as some obvious mistake, the material is rough, the preliminary examination will still be, just do not give two feedback." "The consequence is that after the preliminary meeting, the Commission will be rejected directly, and then the responsibility will be investigated." She said that if the listed company's obligation to fulfill the obligations, there is no false statement, even if there are errors and omissions occurred, but also a slight degree, then there are still two feedback opportunities.

The IPO project, which withdrew the application, still has to be held accountable. The audit found a serious problem in the enterprise, transfer audit. At the same time, in the IPO audit period, listed companies can not introduce new shareholders have 4. January 2011, Sino Analytica Fund issued the industry's first gold qdii fund-Connaught Security Ball Fund, after the Ka Real Gold Fund, the golden theme, Huiyuan Gold and precious metals fund successively issued.

and gold ETF products have easy to gold ETF, Gold ETF, Cathay Gold ETF, Huaan Gold ETF, in addition to Huaan also has 1 Huaan Gold ETF link fund. Investment Instructor: Jinlonghai (zl511045)

IPO financing reached its highest level since IPO restart in July