• <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 >

    In The First Five Months, The IPO Raised 182.125 Billion Yuan. Three Gorges Energy Became The "Fundraising King" This Year

    2021/6/1 9:59:00 98

    IPOFund RaisingGiant Three Gorges EnergyFund Raising

    During the year, China Three Gorges new energy (Group) Co., Ltd., a subsidiary of China Three Gorges Group Co., Ltd., the "king of fund raising", officially began to apply for purchase on May 31. Three Gorges energy is expected to raise 22.713 billion yuan, which may become the largest A-share IPO this year. At the same time, it is also the highest number of new shares on the Internet since the reform of the new issue system in 2016, so it is expected to become the easiest new shares to win this year.

    According to the fund-raising scale of listed enterprises in 2021, Three Gorges energy is the largest IPO of a share in the year.

    At the same time, data show that, based on the date of issuance, as of May 31, a total of 204 companies have raised funds in the first place since May 31, with an accumulated amount of 182.125 billion yuan, and the average fund raised by a single company is 893 million yuan.

    On the whole, the number of large IPOs that raised more than 10 billion yuan this year is less than in the past. In addition to Three Gorges energy, Dongfeng Group, two major telecom operators China Mobile and China Telecom Huia are expected to become the largest IPOs in the future.

    The amount of fund-raising is "unique"

    According to the public information, the main business of the Three Gorges energy is the sales of wind power, photovoltaic power and hydropower. By the end of 2020, the business of Three Gorges energy has covered 30 provinces, autonomous regions and municipalities directly under the central government, with total assets of more than 140 billion yuan. After landing, it will become the highest total assets of a share and the only wind and solar energy company with 100 billion level.

    According to its prospectus, in recent years, the performance of Three Gorges energy is relatively gratifying, showing a steady growth trend. Specifically, from 2018 to 2020, the operating revenue of Three Gorges energy will be 7.383 billion yuan, 8.957 billion yuan and 11.315 billion yuan respectively, with the growth rate increasing from 8.88% in 2018 to 26.33% in 2020; During the same period, the net profits were 2.709 billion yuan, 2.840 billion yuan and 3.589 billion yuan respectively, showing a year-on-year growth trend.

    At the same time, the Three Gorges new energy is expected to achieve operating revenue of about 3.613 billion yuan to 3.901 billion yuan in the first quarter of 2021, with a year-on-year increase of 35.60% to 46.41%.

    At present, most of the leading clean energy companies such as wind and light are listed in Hong Kong, such as Datang new energy and Longyuan Power, which makes wind energy and solar energy companies become a scarce target of a shares. After the Three Gorges energy listing, it will become the largest new energy operator of a share, and will rewrite the current situation of no large new energy operator in a share.

    It is reported that the funds raised by the IPO of Three Gorges energy will be mainly used for offshore wind power projects and supplementary working capital.

    Judging from the amount of funds raised by enterprises that have been listed on the stock market this year, the Three Gorges energy company has become the only enterprise with a fund-raising scale of more than 10 billion yuan.

    Data show that, based on the date of issue, as of May 31, a total of 204 companies have raised funds in the first place since May 31, with an accumulated amount of 182.125 billion yuan, with an average of 893 million yuan raised by a single company. From the perspective of districts, there are 37 companies that have raised more than 1 billion yuan, 1 of which has raised more than 10 billion yuan, 73 have raised between 500 million and 1 billion yuan, and 94 have raised less than 500 million yuan.

    Tianneng's fund-raising scale is currently in the forefront of the year, reaching 4.873 billion yuan, which is far behind the Three Gorges energy.

    According to the data, Tianneng Co., Ltd. is a domestic green battery industry enterprise focusing on the green power battery business of electric light vehicles, integrating the R & D, production and sales of green power batteries for electric special vehicles, power batteries for new energy vehicles, starting and stopping batteries for automobiles, energy storage batteries, 3C batteries, and backup batteries.

    According to wind data, Huali group (3.887 billion yuan), Bank of Chongqing (3.763 billion yuan), betaine (3.010 billion yuan), Youan design (2.416 billion yuan), Zhongwang software (2.331 billion yuan), DARUI Electronics (2.193 billion yuan), Zhijiang biological (2.104 billion yuan), Shengyi Electronics (2.066 billion yuan), and Huali group (3.087 billion yuan), respectively Zhonghong medical (2.025 billion yuan).

    Large IPOs of three companies are expected

    In addition to Three Gorges energy, in the recent A-share IPO dynamics, the news that China Mobile and China Telecom two major operators have returned to A-share large-scale fund-raising has also attracted a lot of market attention.

    On the evening of May 17, China Mobile announced its intention to land in the A-share market. Three weeks ago, on April 27, China Telecom, which is also listed on the Hong Kong stock exchange, announced that the CSRC had accepted its application materials for IPO of a shares.

    Based on the previous closing price and the IPO price of Hong Kong stock companies, the A-share IPO of the two companies will raise a total of more than 90 billion yuan. Among them, China Telecom plans to raise 54.4 billion yuan (after deducting the issuance expenses), which is expected to create one of the largest IPOs in Hong Kong stock market.

    Wang Jiyue, a senior investment bank personage, said that the two major operators had been proposing back to a for many years. In fact, they had always expected that the two operators had not started. It may be related to the large-scale financing and worry about the impact of large-scale financing on the market.

    "The main consideration of the two operators returning to a this year is that the American stocks' depository receipts have been delisted. The two major operators are currently promoting the construction of 5g communications, and they need money in all aspects to lay out the launch of 5g applications in the future. However, the delisting of the US stock market has left an important channel for the two operators to source funds, Therefore, opening up A-share financing channels has become a breakthrough way for the two operators. " Pan Helin, executive director and professor of Digital Economy Research Institute of Central South University of Finance and law, said in an interview.

    The two companies also clearly stated in relevant announcements that the funds raised by the A-share IPO are mainly used for the construction of information infrastructure projects such as 5g network and cloud network convergence, which will alleviate the capital pressure of 5g construction to a certain extent, further accelerate the new infrastructure construction, and help the construction of network power.

    In terms of valuation, Wang Jiyue said that since the two major operators are listed companies and have market trading prices, they will generally make preliminary pricing for a shares with reference to the price of Hong Kong shares.

    "After returning to a shares, I think the valuation of the two operators will be more rational. From the perspective of issuance valuation, the two operators should issue in the form of twice Pb. However, China Telecom's market to net ratio of Hong Kong shares is only 0.48, and that of China Mobile is only 0.75, so the issue price of a shares should be higher than that of Hong Kong shares." Pan and Lin further said.

    He added: "the focus of the listing process is whether the two major operators of a shares can maintain the premium on Hong Kong shares after listing, and drive up the share price of Hong Kong shares."

    Compared with China Mobile and China Telecom, Dongfeng Motor Group Co., Ltd. (hereinafter referred to as "Dongfeng Group") is expected to be listed more quickly and is expected to become the largest IPO since the gem opened.

    On December 11, 2020, Dongfeng Group passed the meeting smoothly. This means that after 15 years of H-share listing, Dongfeng Group will formally join the A-share listed auto echelon. Dongfeng Group will also become the fourth "a + H" vehicle manufacturing enterprise after BYD, GAC and great wall motor. It is reported that the scale of Dongfeng Group's fund-raising investment project is 21.033 billion yuan, breaking the previous record set by golden dragon fish and becoming the largest IPO since the gem opened. As the company passed the meeting as early as the end of last year, it is generally expected that Dongfeng Group will complete the IPO of a shares this year.

    Limited impact on the market

    Due to the high amount of funds raised by IPO of large companies, the impact on the market has been concerned. Many industry insiders pointed out that after many rounds of baptism, large IPO is expected to have limited impact on a shares.

    According to the Research Report of securities companies, from the perspective of the market position corresponding to large IPOs in history, the large IPOs before 2008 did not stop the pace of market upsurge, while there was no giant IPO for five years after 2010, but a shares still walked out of the bear market for four consecutive years. It can be seen that the large-scale financing listing of large enterprises will have a certain impact on the market liquidity in the short term, but it will not change the internal operation law of the market, that is, the large-scale IPO often has a relatively obvious short-term impact on the market liquidity, and the medium-term impact is neutral.

    For the large-scale fund-raising of the two major operators, pan Helin pointed out that under the current normal IPO issuance environment, A-share liquidity will be continuously diluted by new listed companies. In the short term, as the three operators gather in A-share, many investors will be attracted to participate in the investment field of telecom operators, which will have a certain impact on the market in the short term. However, the valuation of a shares for large blue chips are more rational, so the two operators should be able to make a smooth transition in the future.

    "IPO of large companies has a great impact on the psychology of market investors, but the actual impact on the market is very limited. In history, the listing of large companies has passed smoothly and there is no big wave. The bearing capacity of a shares has been greatly enhanced and there will be no big impact. " Wang Jiyue also said.

    ?

    • Related reading

    Three Major Changes Indicate That "Barbarian Business" Is Getting Far Away. Long Term Capital Dominates The Logic Of A-Share Price

    Finance and economics topics
    |
    2021/5/29 7:41:00
    0

    Small And Medium-Sized Fund Companies Frequently Leave Their Posts And Hang Their Boots: 21 General Managers Change And The Shortest Term Of Office Is Half A Year

    Finance and economics topics
    |
    2021/5/28 11:19:00
    0

    The 60Th Issue Of The Supervision Of The People'S Republic Of China

    Finance and economics topics
    |
    2021/5/27 6:35:00
    1

    The First Quarter Revenue Of Pinduoduo Was 22.167 Billion Yuan, And It Was Invested In The Construction Of Agricultural Infrastructure And Logistics

    Finance and economics topics
    |
    2021/5/27 6:35:00
    1

    How Can Haichuang Pharmaceutical Industry Break Into The Science And Technology Innovation Board With No Revenue Of "Red Chip" Pharmaceutical Stocks Raised Privately?

    Finance and economics topics
    |
    2021/5/27 6:33:00
    1
    Read the next article

    集中供地連拍三天近百房企參與 蘇州緊急阻擊搶地狂熱資本

    為防止土拍過熱,蘇州早已做好阻擊狂熱資本的準備,更新土拍規則的同時,也出臺了對房企違規操作的管控政策

    主站蜘蛛池模板: 忘忧草视频www| 免费超爽大片黄| 亚洲欧美日韩精品久久亚洲区 | 日韩人妻无码一区二区三区| 日韩精品欧美国产精品忘忧草| 夜夜高潮夜夜爽夜夜爱爱| 国产A级三级三级三级| 亚洲av无一区二区三区| 99久久99这里只有免费费精品| 翁与小莹浴室欢爱51章| 日韩欧美视频在线| 国产精品剧情原创麻豆国产| 俄罗斯一级成人毛片| 两个人看的视频www在线高清| 风间由美性色一区二区三区| 欧美乱xxxxx| 国产美女一级高清免费观看 | 思思99re66在线精品免费观看| 国产破外女出血视频| 亚洲欧美日韩在线精品一区二区| 911色主站性欧美| 热re久久精品国产99热| 少妇高潮无套内谢| 啊灬啊灬啊灬快好深视频在线| 久久婷婷五月综合色精品| 800av我要打飞机| 欧美一卡2卡3卡四卡海外精品 | 欧美日韩第二页| 国内精品国产成人国产三级 | 内射人妻视频国内| 久久久精品2019中文字幕之3| 黑人狠狠的挺身进入| 最近中文字幕2018高清在线| 国产精品国产三级国产a| 亚洲av无码日韩av无码网站冲| 韩国免费特一级毛片| 日本高清二区视频久二区| 国产精品免费视频播放器| 久热中文字幕在线精品免费| 狠狠色伊人亚洲综合网站色| 柳岩老师好紧好爽再浪一点|