This year, the issuance of new A - share stocks has advanced steadily, showcasing a prominent feature of "hard technology." By September 29, a total of 76 new stocks have made their debut on the market. The initial amount of funds raised has not only surpassed that of the entire previous year but is also predominantly concentrated in industries like power equipment and automobiles.
Tian Lihui, a scholar from Nankai University, emphasized that the A - share IPOs have demonstrated a trend of "growth in both quantity and quality." On the other hand, Liu Xiangdong from Dongyuan Investment remarked that the market exudes a palpable vitality. This is underscored by the capital - attracting prowess of leading enterprises and the strategic allocation of resources towards technological innovation.
In terms of regulatory efforts, authorities have rolled out policies aimed at refining the stock issuance and listing system. A close look at the companies in the pipeline reveals a substantial uptick in the number of accepted applications. Notably, a relatively large proportion of these companies hail from sectors such as semiconductors.
However, it's worth noting that 83 companies with plans to go public have withdrawn their applications for a variety of reasons. Liu Xiangdong proposed that to prevent "pseudo - tech" companies from going public, measures such as refining identification criteria and strengthening supervision over information disclosure should be implemented.
Looking to the future, Tian Lihui predicts that the pace of A - share IPOs will moderately pick up and maintain stability.