Last year’s A-share IPO transcript was released, and 524 new shares raised more than 540 billion yuan
Newly listed companies in Guangdong rank first, Shenzhen and Guangzhou rank among the top five cities
Text/Table Yangcheng Evening News reporter Ding Ling
With the listing of Huitong Group on the Shanghai Stock Exchange on December 31, 2021, the 2021 A-share IPO has come to a perfect conclusion.
In the context of advancing a comprehensive registration system, IPOs in the A-share market will be hot in 2021, and both the number of IPO companies and the total amount of funds raised have set historical records.
According to the data, as of December 31, 2021, the total number of new A-shares listed in the whole year reached 524, of which 122 were listed under the approval system (88 on the Shanghai Stock Exchange and 34 on the Shenzhen Stock Exchange). There are 162 and 199 companies listed on the ChiNext, and 41 companies are listed on the Beijing Stock Exchange.
On the whole, in 2021, the total amount of funds raised by 524 listed companies exceeded 540 billion yuan. In 2021, the number of IPO companies and the amount of funds raised respectively increased by 20% and 13.21% year-on-year.
This also means that there will be more than 30 new stocks listed every month in 2021.
Although affected by the Spring Festival holiday and the Golden Week of November, the number of new shares listed in February and October was relatively small, but 34 new shares were born each.
The number of IPO companies was the largest in April, reaching 57; in June, July, and December, more than 50 new stocks were listed.
No. 1 in the scale of fundraising on the Sci-tech Innovation Board
In addition to the number of listed new shares breaking through the 500 mark for the first time, the amount of funds raised is also the largest in recent years.
The total net funds raised by 524 newly listed companies amounted to 505.6 billion yuan, with an average of about 965 million yuan each.
There are 3 companies that have raised more than 10 billion yuan in initial funds, namely China Telecom raised 47.5 billion yuan, Three Gorges Energy raised 22.5 billion yuan, and BeiGene raised 21.6 billion yuan.
BeiGene is also the only company listed on A-shares, Hong Kong stocks and US stocks among the new shares.
The amount of funds raised in A shares far exceeds 5.94 billion yuan in the initial fundraising on the Hong Kong Stock Exchange and 940 million yuan in the NASDAQ initial fundraising.
In terms of different sectors, the new shares on the Science and Technology Innovation Board raised a total of 188.9 billion yuan, an average of 1.17 billion yuan; the SSE Main Board's new shares raised 155.7 billion yuan, an average of 1.79 billion yuan.
A total of 133 billion yuan was raised for new shares on the Growth Enterprise Market, with an average of 670 million yuan; the Shenzhen Stock Exchange's new shares raised 21.2 billion yuan, with an average of 620 million yuan.
In contrast, due to the focus on small and medium-sized enterprises and the listing only on November 15, 2021, the total net fundraising of the Beijing Stock Exchange is much lower than that of the Shanghai and Shenzhen stock markets. The total amount of new shares raised is 7.32 billion yuan. On average, each company raised 180 million yuan.
Among the top ten new stocks in terms of fundraising, in addition to BeiGene, Hehui Optoelectronics, Times Electric, Daquan Energy, Hemai shares, and Tianneng shares on the Science and Technology Innovation Board were selected; on the GEM, only Yiqiao Shenzhou entered the top ten.
This has also lifted the overall and average fundraising scale of sci-tech innovation board companies to a certain extent.
However, although the science and technology innovation board is the largest in the scale of fundraising, since large central enterprises and banks have chosen to list on the Shanghai Stock Exchange, the average amount of funds raised by the Shanghai Stock Exchange is higher.
It should be noted that in 2021, China Concept Stocks will first raise about 77.7 billion yuan in the US capital market. Among them, 36 companies went public in the first half of the year, and only 3 were listed in the second half of the year.
The net fundraising of Chinese stocks in the Hong Kong capital market in 2021 will be 179.3 billion yuan; the net fundraising of Chinese companies in overseas and Hong Kong stock markets is about half of that of A shares. It can be seen that A shares have become the main battlefield for Chinese companies to raise funds. .
Guangdong has the most newly listed companies
According to the place of registration of listed companies, Guangdong has the largest number of newly listed companies with 92 new shares.
Zhejiang and Jiangsu ranked second and third with 87 and 86 respectively.
Among the four municipalities directly under the Central Government, Shanghai beat Beijing (40) with 48, while Chongqing (5) and Tianjin (3) lag far behind.
There are 18 in Anhui, 18 in Sichuan, 14 in Hunan, 13 in Hubei, and 10 in Henan and Fujian in regions where the number of new shares exceeds 10.
It is worth noting that of the 31 provinces and municipalities in the mainland, only Gansu and Qinghai will not produce new listed companies in 2021.
Overall, there is a strong correlation between the number of newly listed companies and the scale of GDP.
If you look at the number of new shares in 2021 from the perspective of the city's registered location, Shanghai is ranked first with 48 new shares, Shenzhen narrowly beat Beijing with 41 new shares, Hangzhou ranked fourth with 36, and Guangzhou ranked fifth with 16 new shares.
In addition, according to the attributes of IPO companies, there are 430 private enterprises, accounting for as much as 82%; 36 local state-owned enterprises, 22 state-owned enterprises, and 58 state-owned enterprises, accounting for approximately 12%; 15 foreign-funded enterprises, public enterprises There are 13 companies, 7 other companies, and 1 collective enterprise, accounting for about 6% of the total.
Among the 22 newly listed state-owned enterprises, there are 8 in Beijing, accounting for more than one-third.
There are 3 in Guangdong and Hunan, and 1 in each of 6 provinces and cities including Hubei, Jiangsu and Shanghai.
In addition, in terms of local state-owned enterprises, Zhejiang took first place with 6 companies, Guangdong ranked second with 5 companies, and Shanghai and Shandong also had 3 companies each.
20 IPOs broke on the first day
While the IPO is unprecedentedly hot, the myth of "new stocks undefeated" has also been broken.
Flush ifind data shows that a total of 20 new shares broke on the first day of listing.
Eight companies broke more than 10%. Chengda Biotech, Dizhe Pharmaceutical, Nanmo Biotech, and BeiGene ranked the top four with breaks of 27%, 22%, 18%, and 16% respectively.
On the whole, the average increase of new stocks on the first day was 158%, and nearly half of the companies, namely 251 companies, increased by more than 100%. Times become the norm.
There were three companies whose stock prices rose more than 10 times on the first day. Instant Reader Culture rose by 1943%, Nanomicro Technology rose by 1274%, and Power Diamond rose by 1112%.
In terms of sectors, the average growth rate of new stocks on the Science and Technology Innovation Board was 191%; the average growth rate of new stocks on the ChiNext Board was 198%; the average growth rate of Shenzhen Main Board companies was 44%; and the average growth rate of Shanghai Stock Exchange Main Board companies was 42.4%.
Although the first-day gains and declines are also unrestricted, the average first-day increase of CBEX's new stocks is 72.7%, which is much lower than that of the ChiNext and the Sci-tech Innovation Board. As far as the Beijing Stock Exchange is concerned, they have been tested in the secondary market before.
The 10 new stocks that were transferred directly from the innovation layer to the Beijing Stock Exchange all doubled their share prices on the first day, with an average increase of about 200%, which exceeded the performance of new stocks on the Sci-tech Innovation Board and ChiNext.