美国 “两房” 上市计划有新进展，潜在募资规模或创纪录

Core Insights - The U.S. government is planning to sell shares of mortgage giants Fannie Mae and Freddie Mac in the secondary market, potentially raising up to $30 billion later this year [3] - The combined valuation of the two companies could reach $500 billion or more, with a possible sale of 5% to 15% of their shares, equating to up to $75 billion [3] - Discussions are ongoing regarding whether the two companies will go public as a single entity or remain separate [3] Group 1 - The largest IPO globally was Saudi Aramco in 2019, raising $29.4 billion, while Alibaba's 2014 IPO remains the largest in U.S. history at $25 billion [3] - In the first half of the year, Nasdaq raised $8.85 billion from IPOs, while the New York Stock Exchange raised $7.52 billion, ranking second and third globally [3] - The Federal Housing Finance Agency's director indicated that the companies could remain in conservatorship while issuing shares [4] Group 2 - Recent meetings at the White House included CEOs from major banks like JPMorgan, Goldman Sachs, and Morgan Stanley to discuss the potential IPO plans for the two companies [4] - The complexity of the potential sale has led some bankers to express skepticism about the tight timeline for the IPO [4] - There are concerns regarding how to maintain government guarantees for the companies while privatizing them, which involves both accounting and legislative challenges [4]