Chapter 764 [The opening of the Science and Technology Innovation Board]
Nowadays, related topics about Ningzhou City, about common prosperity, and about directly sending money to young people in Ningzhou are still hot topics.
However, Lu Ming has once again shifted the focus of his work to the capital market. Next Monday, July 22, the Science and Technology Innovation Board will open on this day.
The capital raising of Tianchi Technology has ended. This IPO raised 20 billion yuan, of which 4.45 billion was raised online, which was oversubscribed by about 11 times. This means that the 3 million shareholders who meet the transaction threshold of the Science and Technology Innovation Board have raised 50 billion yuan.
They are fighting Xintianchi Technology left and right to compete for the 4.45 billion raised funds.
On the weekend of July 20, the online subscription success rates of the first batch of 28 new stocks listed on the Science and Technology Innovation Board were released. They will be listed on the next Monday, July 22, and the number of valid online subscription accounts exceeded 3.1 million.
The number of people bidding online for new stocks on the Science and Technology Innovation Board continues to increase. Data shows that the winning rate for Zhongguotong and Pinduoduo is 0.353% and the winning rate for other new stocks on the Science and Technology Innovation Board is basically between 0.04% and 0.07%, respectively.
Anji Technology has the lowest rate, only 0.0464%, but Tianchi Technology’s winning rate has shocked the market because it is in the only bracket.
Data shows that the winning rate for a new account is 500 shares. The winning rate of Tianchi Technology is as high as 15%, and the number of shareholder accounts is as high as 465,000. This means that out of every 100 people who subscribed, 15 people can win the lottery.
The high winning rate has made Tianchi Technology the focus of much attention in the market.
However, the retail investors who won the lottery were not too excited. They won 500 shares in the first lottery, and the issue price per share was 13.70 yuan, which is 6,850 yuan in the first lottery. For investors who have the threshold trading authority of the Science and Technology Innovation Board, this is barely enough.
As a tooth sacrifice, even if the stock price doubles, you still won't make 10,000 yuan.
But it's better than nothing.
Many shareholders complain that Tianchi Technology's per-share pricing is too low. It should reduce the total share capital and increase the price per share. The price per share is about 50 yuan, and the total share capital is about 700 million shares. Isn't that good?
In this way, everyone can earn more than 20,000 yuan if they win double the lottery.
With such a high winning rate, the market value of the issuance is only 37 billion, but the number of shareholders has reached 465,000, ranking directly among the top 20 shareholders of Big A.
Currently, the stock with the largest number of shareholders is Jingdongfang A, which has reached one million shareholders, followed by Zhongguo CRRC, which has 960,000 shareholders. Of course, this target has changed from a sacred car with a market value of trillions back then to a hearse today.
.
The top twenty stocks by the number of shareholders are basically all Chinese-prefixed stocks.
It is worth mentioning that one lot of stocks traded on the main board is equal to 100 shares, but the limited price purchase and market price purchase of stocks on the Science and Technology Innovation Board are the same. A single subscription cannot be less than 200 shares, but it can be in increments of 1 share.
.
In other words, the Science and Technology Innovation Board can subscribe for 201, 300, 350 shares, etc., as long as the number is greater than 200 shares, so strictly speaking, there is no concept of "hand".
In addition to the minimum limit of 200 shares, the Science and Technology Innovation Board also has a maximum limit.
If the Science and Technology Innovation Board stocks are purchased through price limit, the maximum subscription limit cannot exceed 100,000 shares, and if purchased through market price, the maximum subscription limit cannot exceed 50,000 shares.
These are some of the differences between the trading rules of the Science and Technology Innovation Board and the main board. Other differences include a price limit of ±20% for new stocks listed on the Science and Technology Innovation Board, and no price limit for the first five trading days of listing.
…
Monday, July 22, arrived as scheduled, and today the two major A cities welcomed the opening of the new market.
With the arrival of collective bidding, investors from all walks of life have focused their attention on the first batch of 28 stocks listed on the Science and Technology Innovation Board. All of these stocks opened higher by more than +50% during the bidding stage.
Lao Yang WeChat group.
Group friends: "All the tickets on the Science and Technology Innovation Board have been sold at such a high price? Everyone's enthusiasm is very high, and some bids have been directly increased by 80%."
Gu Yan
Group friend: "Finally, Tianchi is on the market. Lao Yang, what's the next step?"
Lao Yang: "In one word, buy! Just buy it and that's it. I have 180 million reserved in my account, and it's all gone today."
Group friend: "I understand, what the hell!"
Lao Yang: "Brother Yi is really a kind person. The price is so low, the winning rate is so high, and 460,000 retail investors came in on the first day of listing. Again, the valuation logic of Tianchi Technology must jump out of the car.
words, think of it as a data network platform company, or an Internet technology company."
Group friend: "But to be fair, Tianchi's debt is really scary. I checked it before and found that it has indeed become the listed company with the highest debt ratio among all the stocks in the two cities."
Lao Yang: "Don't look at indicators such as Tianchi's responsibility or net assets. They are not important. Look at sales volume, market share, sales increment and growth rate. Once Tianchi enters the profit stage, profits will soar.
, just like all Internet platform companies, they lost money in the first five or ten years. Once they think that there are no competitors in the market that can pose a threat and start to make profits, the net profit in one year will cover the losses in the past five years."
Lao Yang: "The same goes for Tianchi. The current valuation of 37 billion is suppressed by the debt of more than 460 billion. Assuming that the debt is halved and Tianchi's value is revalued, it will have to increase six to seven times, and the debt will be reduced again.
Half returning to normal debt levels, it would not be excessive for Tianchi’s stock price to increase more than ten times.”
Lao Yang: "In short, just think of Tianchi as the next Tiansheng Holdings and that's it."
The old friends in the group were so excited by what he said. When they heard about the next Tiansheng Holdings, their hearts were ready to move.
Tiansheng Holdings is a super bull stock that has more than 30 times its share in three years.
…
With the end of the call auction, the Shanghai and Shenzhen stock markets opened slightly higher today. Lao Yang and the others were staring at Tianchi Technology and hammering hard today. This was a strategy that had been decided two or three months ago, but they did not participate in the call auction stage.
, prepare to play the game again in the game.
Of the 28 stocks listed in the first batch of the Science and Technology Innovation Board, 21 opened higher by more than 100% today, which was so exciting that almost all the eyes of the two cities were focused on these 28 new stocks on the Science and Technology Innovation Board.
Anji Technology opened higher by +287%, Zhongwei Technology opened higher by +278%, Lanqi Technology opened higher by +268%, Zhuosheng Wei opened higher by +266%, Xingmai Medical opened higher by +207%, and Hongruan Technology opened higher by +
199%, Xibu Superconducting opened higher +199%...
Pinduoduo's bid opened higher by +136%, and its total market value soared to about 400 billion yuan, ranking among the top 15 stocks in the two major cities in terms of total market value, second only to Wuliangye with 40.7 billion yuan.
Tianchi Technology also opened significantly higher at 27.61 yuan, +101.53% higher, with a total market value of 74.547 billion yuan.
Opening today's stock gainer rankings, stocks starting with "N" are all at the top. They are all new stocks listed on the Science and Technology Innovation Board today. Almost all of them have doubled, and some have doubled or even tripled.
The retail investors on the main board are unabashedly envious, and major communication groups are also taking screenshots of the bidding increases for Jingtian Science and Technology's shares listed on the main board.
"Two or three times a day, fuck!"
"To put the main board in place means you have to go through a dozen straight boards before opening it, but the Science and Technology Innovation Board can be cashed out in one day."
"You can earn several W's in one day if you win the lottery, Mad!"
"Does this mean there is no limit on price increases or decreases? I love it!"
