IPO Market Overview - In July, 9 companies were reviewed for IPOs in the A-share market, with 8 approved and 1 deferred, marking a return to deferred voting since September last year [2][3] - The number of new stocks listed in July remained stable at 8, with all experiencing first-day gains exceeding 100%, the highest being Dingjia Precision with a 479.12% increase [4][11] Termination of IPO Applications - Six companies terminated their IPO applications in July, a decrease from 10 in June, including notable firms like Shunde Bank and Zhengyang Technology [5][6] - All terminated companies had been accepted for IPO prior to 2024, with some having been in the process since 2022 [7] Hong Kong Listing Trends - The enthusiasm for listings in Hong Kong has cooled, with only 21 companies submitting applications in July, the lowest since April [11][12] - Conversely, 17 A-share listed companies announced plans for Hong Kong IPOs, setting a new monthly record for the year [13] Financial Performance Insights - Super Electronics, one of the reviewed companies, reported over 80% of its sales from overseas, with significant customer concentration impacting its financials [4] - For the first half of 2025, Super Electronics projected a 12.61% revenue increase but a 17.92% decline in net profit [4]
IPO月报丨7月9家公司首发上会8家过会 券商和银行IPO接连折戟 A股公司赴港IPO提速
Mei Ri Jing Ji Xin Wen·2025-08-03 08:20