Mei Ri Jing Ji Xin Wen·2025-06-03 06:25Group 1 - In May, the A-share IPO market saw 4 companies pass their initial public offering (IPO) review, a significant decrease from 9 companies in April [2][5] - Only 6 new stocks were listed in May, which is slightly higher than the 1 stock listed in February this year [5] - The number of companies terminating their IPOs rose to 8 in May, compared to 5 in April, with 2 of these companies having previously passed their IPO review [6][9] Group 2 - Among the 4 companies that passed the IPO review, Haian Rubber is involved in the research, production, and sales of giant all-steel engineering tires and mining tires, with expected fundraising of 2.952 billion yuan [3][5] - The other companies that passed include Shichang Co. (180 million yuan), Zhigao Machinery (465 million yuan), and Youli Intelligent (270 million yuan) [3] - The expected compound annual growth rate of Haian Rubber's revenue from 2025 to 2027 is projected to be 20%, with revenues of 1.508 billion yuan, 2.251 billion yuan, and 2.3 billion yuan for the years 2022 to 2024 [5] Group 3 - In May, 16 new companies were accepted for IPO applications, marking the highest monthly acceptance rate of the year, with 10 from the Beijing Stock Exchange and 2 each from the Shanghai and ChiNext boards [9] - As of May 30, 2025, a total of 158 companies are in the process of overseas securities issuance, with over 70% planning to list in Hong Kong [10] - The Hong Kong market saw 41 companies submit applications in May, including 7 A-share listed companies announcing plans for their first IPO in Hong Kong [10] Group 4 - The Hong Kong stock market achieved a monthly high in fundraising, with a total of 55.801 billion HKD raised in May, the highest since April 2021 [11] - Among the 10 new stocks listed in Hong Kong in May, 3 experienced a drop on their first trading day, resulting in a 30% first-day drop rate [12]