Group 1 - The total IPO financing scale in the A-share market for June 2025 was 3.368 billion, a decrease of 65% month-on-month. The main board raised 640 million, while the Sci-Tech Innovation Board raised 2.497 billion [5][6][12] - A total of 3 new stocks were issued in June, representing a 63% decrease compared to the previous month [6][5] - As of the end of June, there were 50 approved but unissued IPO projects across all A-share sectors, with a total proposed fundraising scale of 49.36 billion. The ChiNext accounted for 28% (14 companies), while the main board and Sci-Tech Innovation Board accounted for 34% and 6% respectively [12][12] Group 2 - The average offline subscription limit for new stocks in the past three months was mostly in the range of 100 million to 200 million for the main board and ChiNext, while the Sci-Tech Innovation Board had limits mostly in the range of 500 million to 1 billion [13][13] - In June, the number of offline inquiry objects for the main board, ChiNext, and Sci-Tech Innovation Board reached 509, 0, and 197 respectively, with a month-on-month decrease of 73% and 100% for the main board and ChiNext [17][17] - The average winning rate for A/B class accounts on the main board in June was 0.0104% and 0.0094%, down 24% and 28% month-on-month respectively [18][18] Group 3 - The average first-day increase for new stocks on the main board in June was 286% [30][30] - The contribution of new stocks to funds was measured, with funds in the 100 million to 200 million range contributing +0.188% and those in the 200 million to 300 million range contributing +0.129%. The annualized return for funds of 800 million was 0.368% [32][32] - In June 2025, a total of 3,132 funds participated in new stock subscriptions, with a total scale of 6.05 trillion. The most numerous were equity mixed funds, with 1,189 funds, followed by flexible allocation funds with 595 funds [35][35]
6月新股上市及基金收益月度跟踪-20250702
Huafu Securities·2025-07-02 08:06