• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Beijing-Shanghai High-Speed Railway Launched Tens Of Billions Of Investors To Buy New "Swing"

    2020/1/7 12:07:00 0

    High Speed Rail Investment

    In January 6th, the Beijing-Shanghai high-speed railway was officially launched.

    The announcement shows that the Beijing-Shanghai high-speed railway is publicly issued 6 billion 286 million shares, the issue price is determined to be 4.88 yuan / share, and the total fund-raising amount is 30 billion 675 million yuan. After deducting the cost of issue, it will be used to purchase Jing Fu Anhui.

    As the "most profitable high-speed railway in China", Beijing-Shanghai high-speed railway's performance is quite bright. Net profit in 2016, 2017, 2018 and 2019 first three quarters were 7 billion 903 million yuan, 9 billion 53 million yuan, 10 billion 248 million yuan and 9 billion 520 million yuan respectively.

    The current announcement shows that ordinary investors can purchase 942 thousand shares on the top of the Internet, corresponding to the market value of Shanghai stock market, which needs 9 million 420 thousand yuan.

    Some market participants expect that the average value of the first three of the new share will be roughly 0.85%. If the top grid purchase Beijing-Shanghai high-speed railway, will receive 942 signs, the probability of winning more than 100%, or even seven or eight.

    However, many investors are "wobbly" about whether to participate in the new game. Reporters interviewed learned that, because of the uncertainty of the post market performance of Beijing-Shanghai high-speed railway, some investors said "no participation".

    Start ten billion purchase

    "It's too expensive not to play new games." In January 6th, a private equity investor in Southern China said to the twenty-first Century business reporter.

    According to the issuing price of 4.88 yuan / share, the total amount of Beijing-Shanghai high-speed railway raised is as high as 30 billion 675 million yuan, and its total market value will reach 239 billion 637 million yuan after issuance.

    The above private equity agencies pointed out that the reason why they did not favor the Beijing-Shanghai high-speed railway was mainly because of their high valuations. In addition, they did not like the acquisition of Beijing Fook Anhui with IPO fundraising amount.

    The Beijing-Shanghai high-speed railway has a 23.39 times earnings per share, breaking through the red line of 23 times the A IPO price earnings ratio. As for the railway operators with the same industry in Beijing-Shanghai high-speed railway, up to January 6th, the dynamic P / E ratio of Datong Qinhuangdao railway was 8.3 times, and the dynamic P / E of Guangzhou Shenzhen railway was 31.5 times.

    In addition, the Beijing-Shanghai high-speed railway prospectus shows that the capital raised at the Beijing Shanghai expressway is used to buy 65.0759% stake in Beijing Fook Anhui company after deducting the issuance cost, the acquisition price is 50 billion yuan, and the difference between the acquisition price and the raise fund is resolved through self financing.

    By the end of 9 2019, the total assets of Beijing Fuzhou Anhui company were 128 billion 373 million yuan. In 2018 and 2019 1-9, Beijing Fook Anhui company achieved operating income of 1 billion 766 million yuan and 1 billion 380 million yuan respectively, with net profit losing 1 billion 200 million yuan and 884 million yuan respectively.

    "Beijing-Shanghai high-speed railway is not bad money, steady growth in performance, cash flow and dividends. This high quality asset listing is absolutely fine. However, the money raised from listing will be used to subsidize" Jing Fu Anhui ", which is unfavorable to the future growth of Beijing-Shanghai high-speed railway. On the 6 day, a personal investor in Shanghai pointed out.

    However, there are also some market participants who are very positive about the new Beijing-Shanghai high-speed railway.

    A private investor in Southern China told reporters that "mosquito legs are also meat". In its view, "the probability of breaking the market on the first day is not large."

    Breaking new shares

    Investors' attitude towards the purchase of Beijing-Shanghai high-speed railway is, to a certain extent, a reflection of the "fear" of breaking new shares.

    Before the purchase of the Beijing-Shanghai high-speed railway, Chongqing agricultural business listed only 3 minutes, and then fell below the issue price of 7.36 yuan. As of January 6th, the stock price of Yu Nong commercial bank has dropped to 6.75 yuan. The listing of Zhejiang Commercial Bank has dropped below the issuing price for second days. Up to January 6th, Zhejiang Commercial Bank's stock price was only 4.75 yuan / share, which still had 4.43% difference compared with the issue price.

    Although the postal savings bank did not break, its online and offline total of over 118 million shares were abandoned and the corresponding amount amounted to 650 million yuan.

    In twenty-first Century, the economic news reporters consolidated the wind data, and found that 8 of the 206 new shares listed since 2019 were below the issue price, including 6 main board companies and 2 board companies, half of which were issued in the second half of 2019.

    The biggest decline in the January 18, 2019 Chinese outward shipment, as of January 6th, closing price of 4.28 yuan, compared with the issue price of 5.24 yuan fell to 18.32%.

    "Under the current normalization of market IPO issuance, especially in the marketization of the issuing mechanism of the science and technology innovation board, according to international experience, including the past experience of China's capital market, there will be breakage, which is more or less, or late or early. In addition, this is also the result of the marketization of pricing. Northeast Securities Research Director Fu Lichun said.

    In the view of Fu Li Chun, the performance of the stock market is related to some factors of the capital market, such as the circulation market, the nature of the industry and so on. Generally speaking, if the circulation market is small, the probability of a big rise or fall will be greater. If the plate is large, the stock price will be relatively stable. Then it will also be related to its industry, including its specific operation and shareholder status.

     

    • Related reading

    Shanghai Sanmao (600689): Reduce The 65.44% Stake Of Lingyun Baoji To 14 Million 170 Thousand Yuan.

    Finance and economics topics
    |
    2020/1/2 19:21:00
    1

    In December 2019, Caixin China Manufacturing PMI Recorded A 51.5 Drop Of 0.3 Percentage Points.

    Finance and economics topics
    |
    2020/1/2 15:34:00
    1

    Shanxi Coal Hospital Assets To Spend A New Mileage Of State-Owned Hospitals To Speed Up Stripping

    Finance and economics topics
    |
    2020/1/1 16:25:00
    0

    The First Year Of Science And Technology Board: Acceptance Of Enterprises To Break The "Double Hundred", The Total Market Capitalization Of Over 880 Billion 900 Million

    Finance and economics topics
    |
    2020/1/1 16:24:00
    0

    Yin Zhongli Column 2020 Stock Market Investment Outlook

    Finance and economics topics
    |
    2020/1/1 16:23:00
    0
    Read the next article

    Housing Enterprises "Run" For Four Years: Where Will The 100 Billion Troops Expand After Four Times?

    From 2016 to 2019, the property market goes to a higher level every year. Statistics released by the National Bureau of statistics show that from 2016 to 2018, the national business

    主站蜘蛛池模板: 99在线精品视频| 上原亚衣一区二区在线观看| 精品久久久无码人妻中文字幕| 图片区小说区校园| 久久精品国产亚洲AV香蕉| 精品一区二区三区中文| 国产精品一区二区在线观看| 丰满少妇被粗大的猛烈进出视频| 爱做久久久久久| 国产免费观看网站| 99精品久久久中文字幕| 日韩av无码一区二区三区不卡毛片| 免费人成视频在线播放| 国产男人午夜视频在线观看| 好看的国产精品| 亚欧成人中文字幕一区| 精品一区二区三区四区五区 | 亚洲人成777在线播放| www.日本在线观看| 欧日韩在线不卡视频| 冈本视频老版app下载安装进入口| 手机看片国产福利| 日本理论片和搜子同居的日子演员| 国产一国产二国产三国产四国产五| 99久久99这里只有免费费精品 | 免费观看黄网站| 欧美影院在线观看| 夫妇交换性3中文字幕| 久久国产乱子伦免费精品| 永久免费毛片手机版在线看| 国产xvideos在线观看| 124du在线观看| 好看的中文字幕在线| 久久人爽人人爽人人片av| 欧美综合激情网| 午夜国产在线观看| 黄色一级毛片网站| 性高湖久久久久久久久aaaaa| 亚洲AV无码专区在线播放| 熟妇女人妻丰满少妇中文字幕| 国产一级淫片a免费播放口之 |