年内IPO保荐承销费同比增近4成 头部券商“油水更足”

Group 1 - The core viewpoint of the article highlights the significant increase in underwriting and sponsorship fees for newly listed companies in 2023, with the highest fees recorded for Moer Technology-U and Muxi Co., Ltd [1] - Muxi Co., Ltd's underwriting and sponsorship fees reached 267 million yuan, making it the second highest for the year, while Moer Technology-U topped the list with fees of 392 million yuan [1] - A total of 102 companies have been listed this year, and with the disclosed results from Muxi Co., Ltd and Angrui Micro, the total underwriting and sponsorship fees for brokers amount to 5.878 billion yuan, reflecting a nearly 40% year-on-year increase [1] Group 2 - Major investment banks such as CITIC Securities, CITIC Jianzhong, Guotai Junan, and Huatai United hold a significant number of projects, indicating their strong market presence [1] - The investment banking sector is facing stricter regulations, leading to penalties for several firms this year [1] - To enhance professional standards, investment banks are increasing compliance and research investments in their team cost structure, which may compress short-term profits but is expected to strengthen long-term competitiveness [1]