IPO Market Overview - In July, 9 companies were presented for IPO approval in the A-share market, with 1 company having its vote postponed and the remaining 8 companies approved [1][2] - 6 companies terminated their IPO applications in July, a decrease from 10 in June [4] - The number of companies applying for IPOs in Hong Kong decreased, with only 21 companies submitting applications, the lowest since April [7][8] New Listings Performance - 8 new stocks were listed in July, maintaining the same number as in June, with all new stocks experiencing first-day gains exceeding 100%, the highest being Dingjia Precision with a 479.12% increase [1][3] Company-Specific Insights - Super Electronics, one of the companies that passed the IPO review, reported that over 80% of its sales revenue came from overseas, with a high customer concentration [2] - For Super Electronics, the revenue for the first half of 2025 is projected to grow by 12.61% year-on-year, while the net profit attributable to shareholders is expected to decline by 17.92% [3] Trends in Hong Kong Listings - In July, 17 A-share listed companies announced plans for IPOs in Hong Kong, marking a new monthly high for the year [8] - The number of companies receiving approval for overseas listings significantly dropped from 20 in June to only 3 in July [7] Market Dynamics - The overall IPO market in July showed signs of cooling, with fewer companies seeking to go public compared to previous months [7][9] - The trend of companies terminating their IPO applications, particularly among brokers and banks, indicates a cautious approach in the current market environment [4][5]
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 08:27