Group 1 - On June 30, the A-share IPO market experienced a peak with 41 IPO applications accepted, marking the highest single-day acceptance this year [1][2] - In June, a total of 150 IPO applications were accepted across the Shanghai, Shenzhen, and Beijing stock exchanges, significantly higher than the 27 applications accepted in the first five months of the year [1][5] - The Beijing Stock Exchange was the main contributor, accepting 97 applications in June, which accounted for 65% of the total [2][5] Group 2 - The increase in IPO applications is attributed to several factors, including the deepening of the registration system reform, a concentrated review period for enterprises, and the acceleration of "specialized, sophisticated, and innovative" companies connecting with the capital market [1][3] - The overall number of accepted IPOs in the first half of the year reached 177, surpassing last year's total by 100 applications [5][6] - The trend of increasing IPO applications is expected to continue in the second half of the year, with a focus on quality improvement alongside stable volume [1][4] Group 3 - Among the accepted applications, 93% of the companies chose to apply under the relevant listing standards, indicating a focus on profitability [5][6] - The recent reforms in the Sci-Tech Innovation Board allow for the listing of unprofitable companies, which has led to an increase in applications from such firms [6][7] - The number of terminated reviews has decreased significantly, reflecting an improvement in market ecology and the quality of applying companies [7]
上半年IPO受理超去年全年百单,北交所为何成主力军
Di Yi Cai Jing Zi Xun·2025-07-01 11:36