The first half of 2022 will end, the A-share IPO situation will be released, and the transcripts of securities companies and investment banks will be revealed.
According to the statistics of Oriental Fortune Choice, according to the listing date, as of June 30, a total of 171 new shares were listed during the year, with a total fundraising of about 304.848 billion yuan, compared with 259 new shares and 212.13 billion fundraising in the same period in 2021. , the scale has shrunk but the total amount of funds raised has expanded.
Of the 171 newly listed companies, more than 80% were issued in a registration-based manner, including 54 on the Science and Technology Innovation Board, 68 on the ChiNext, and 19 on the Beijing Stock Exchange, totaling 141.
Another 30 companies have landed on the main board, including 16 on the Shanghai main board and 14 on the Shenzhen main board.
In the first half of this year, which is the strongest underwriting sponsor for A-share IPOs?
Leading brokerages continue to dominate the list.
In terms of the number of independent sponsors, the reporter found that CITIC Securities became the "sponsor king" of A-share IPOs in the first half of the year, with 22 sponsoring companies.
There are 19 CITIC Construction Investment, 13 Guotai Junan and 13 Haitong Securities each.
The above-mentioned four securities companies have a total of 67 sponsors, accounting for nearly 40%.
Huatai United, China International Capital Corporation, Minsheng Securities and other securities companies also rank among the top in the number of sponsorships.
With the opening and operation of the Beijing Stock Exchange, some small and medium-sized securities companies and special securities companies on the New Third Board are also "playing their fists" in the investment banking business.
Ten brokerages won 60% of the sponsorship share
In terms of IPO sponsorship, leading brokerages still have an absolute advantage.
Among the 171 new stocks in the first half of this year, the top four are: CITIC Securities (22), China Securities Construction Investment (19), Guotai Junan (13), and Haitong Securities (13).
The top ten brokers in terms of number of independent sponsors are: Huatai United Securities (12), CICC (9), Minsheng Securities (7), Essence Securities (7), China Merchants Securities (5), Shenwan Hongyuan Underwriting sponsorship (5 companies).
The above-mentioned 10 securities companies have sponsored 112 companies in total, accounting for 65%.
The number of independent sponsors with three or more companies includes Zhongtai Securities, Oriental Investment Bank, Soochow Securities, Dongxing Securities, Everbright Securities, and Guosen Securities.
In addition, in the first half of this year, 5 IPO projects were jointly sponsored by securities companies.
Among them, Tianyue’s advanced IPO on the Science and Technology Innovation Board was sponsored by Haitong Securities and Guotai Junan; the IPO project of Xidiwei Science and Technology Innovation Board was jointly sponsored by Minsheng Securities and CICC; China Mobile’s “Return A” was sponsored by CITIC Securities, China Jointly sponsored by Gold Company.
In terms of IPO underwriting sponsorship fees, data show that more than 40 securities firms recorded a total of 13.719 billion yuan in fees.
Including joint sponsorship projects, CITIC Securities participated in 24 IPO projects in the first half of this year, with a total revenue of 2.239 billion yuan.
CITIC Construction Investment ranked at the top with 1.853 billion yuan, Guotai Junan with 1.692 billion yuan, and Haitong Securities with 1.646 billion yuan.
The above-mentioned four leading brokerages have achieved a total of more than 7 billion underwriting and sponsorship income, accounting for more than half.
Business Opportunities Emerge in Beijing Stock Exchange
Judging from the global IPO situation in the first half of this year, affected by factors such as global economic uncertainty, geopolitics and the epidemic, the number of IPOs and the amount of funds raised in the first half of the year dropped sharply.
According to Ernst & Young's statistics, in the first half of 2022, a total of 169 companies listed on the A-share market, down 31% year-on-year.
Although the number of listings has declined, the amount of funds raised has grown against the trend to 312 billion yuan, an increase of 48% compared with the same period last year, setting a historical record for the same period.
IPO over-raising and large IPOs drove the growth of IPO funds raised.
In terms of winning the "big IPO order", CITIC Securities and CITIC Construction Investment have outstanding advantages.
As of June 30, China Mobile, CNOOC, and JinkoSolar ranked the top three in terms of total funds raised during the year.
Among them, China Mobile raised a total of 51.981 billion yuan, which was jointly sponsored by CITIC Securities and CICC; CNOOC and JinkoSolar were sponsored by CITIC Securities and CITIC Construction Investment respectively.
Aojie Technology, Nanochip Microelectronics, Sany Heavy Energy, Tengyuan Cobalt and other companies also entered the top ten in the year.
Overall, in terms of the number of independent sponsors of the top ten IPOs, there are 3 CITIC Construction Investment, 2 CITIC Securities, and one each from Haitong, Everbright and Dongxing.
CICC and AVIC Securities participated in the joint sponsorship.
In addition, for securities investment banks, another major business opportunity this year comes from the Beijing Stock Exchange.
On November 15 last year, the Beijing Stock Exchange opened for operation, and there are currently 100 listed companies.
Wind data shows that, according to the listing date, as of June 30, 19 new listed companies have been listed on the Beijing Stock Exchange during the year, involving Uji, Audiwei, and Kexin Materials.
Among the 19 companies, Essence Securities sponsored 3, Soochow Securities, Kaiyuan Securities, Shenwan Hongyuan underwriting sponsorship, Zhongtai Securities sponsored 2 each, and the remaining 8 securities companies including Bohai Securities, Chuancai Securities, and Dongguan Securities have 1 order each.