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The second IPO was broken.
It is still "too expensive" for the two brokers to break new shares.

Sub-IPO has always been a relatively strong sector in the A-share market. In the case that the market rose all the way from last year to this year, many new shares have been listed for multiple daily limit, and 10 times shares have become the norm. However, with the continuous adjustment of the market, sub-new shares have not been spared. Beijing ranked first in the decline list of the two cities with a 75% decline in three months, and Shen Wan Hongyuan and Guotai Junan became the first two stocks to break in the sub-IPO sector.

Since the beginning of this year, many new shares have fallen during the year. The data shows that among the 235 sub-new shares, 32 have fallen this year. Rank of decline in new shares during the year:

Among them, Shenwan Hongyuan, which went public this year, became the second largest decline in new shares this year. According to statistics, Shenwan Hongyuan has fallen by as much as 55% this year, and Shaanxi Black Cat, Ocean King, Guotai Junan, Cologne Refining and Baose have all fallen by more than 20% this year.

Since the Shanghai Composite Index fell from the highest point of the year on June 19 1, only 1 has fallen. Li Jingtian, the second new stock with the highest decline, ranked first in the two cities with a decline of 77.59%, while Stormwind, Quanxin, Happy Shopping and Huilun Crystal all fell by more than 70%. Rank of decline of new shares since June 15:

Shen Wan Hongyuan and Guotai Junan became the first two "broken" stocks in the new shares.

Shenwan Hongyuan went public this year 1 month, and the first day it rose to 2 1. 1 yuan. On Tuesday, the company's closing price was only 8. 13 yuan, a staggering drop. Guotai Junan was listed in June this year, and the listing price was 19.7 1 yuan. It rose to 37.3 yuan on the fourth day, and then it fell all the way. At present, the company's share price is only 17.55 yuan.

The break of the above two stocks may be related to the weakness of the securities sector. Since the beginning of this year, the securities index has been weak. After rising to the highest point of 293 1.04 at the end of April this year, it fell all the way, with a range decline of 56.9%. Leading brokers such as CITIC and Haitong fell more than 60% from the highest point, which was significantly weaker than the broader market.

In fact, the weakness of brokers is also reflected in their performance. In August of this year, 23 brokers achieved a total operating income of16.657 billion yuan and a net profit of 6.55 billion yuan, down 32% and 38.6% respectively from July, and the net profit of brokers plummeted for two consecutive months.

Although only the above two stocks have broken this year, there are more and more sub-new shares close to the issue price. For example, the issue price of Hainan Mining is 10.38 yuan, and the current share price is 1 1.9 yuan, with a gap of only 14.6%, while the current share price of Founding Group is 15.95 yuan, which is different from its issue price13.55.

Before the market adjustment, the sub-new stock sector has ushered in a wave of rapid rise. In May this year, the index of sub-IPOs was 14, and many sub-IPOs rose more than 10 daily limit after listing, so many sub-IPOs still stayed away from the issue price after experiencing a sharp decline. Take Chinese Online, which was listed on June 22nd, 65438, as an example. Its share price has dropped by 60% from its highest point, but compared with its issue price, the increase is still as high as 10 times. In addition, after the continuous down limit, the share price of Stormwind Technology has also increased by more than 9 times compared with its issue price.

It is worth noting that since the beginning of this year, 36 sub-new shares have announced the fixed increase plan. There are 6 companies whose issuance prices are upside down with their share prices, and the number of companies with negative price difference is as high as 19.

Due to market fluctuation, Hangdian and Li Jingtian have stopped issuing additional shares, of which the proposed issue price of Hangdian is 35.6 yuan, and the company's current share price is only 65,438+07.62 yuan. Haofeng Technology's fixed price is 1 17.68 yuan, and the company's current price is only 73.04 yuan. At present, its fixed increase plan has been approved by the shareholders' meeting.