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New Stock Weekly Report (0412-0423) | Ctrip Group-S closed up 4.55% on its first day of trading
Publisher:Times:2021/04/27

abstractThis week, one new stock was listed, and Ctrip Group-S (9961. HK)'s Hong Kong offering of shares received 17.78 times subscription, with a closing price of HKD 302.00 on the first day of listing and a maximum profit of HKD 660.00 on the first hand. This week (0412-0423), 15 companies submitted listing applications to the Hong Kong Stock Exchange, and it is expected that ZhaokeOphthalm-B (6622. HK) will be listed next week.


1、 New stock subscription

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ZhaokeOphthalm-B (6622. HK) is an ophthalmic pharmaceutical company dedicated to the discovery, development, and commercialization of therapies. A comprehensive ophthalmic drug pipeline has been established, including 25 candidate drugs, covering most major ophthalmic diseases and symptoms affecting the anterior and posterior segments of the eye, including 13 innovative drugs and 12 generic drugs. According to the information provided by Zhuoshi, the company has one of the most comprehensive ophthalmic drug pipelines in China. Since its establishment, Zhaoke Ophthalmology has received strong support from numerous blue chip investors, including Singapore Government Investment Corporation, Hillhouse Capital, TPG, Zhengxin Valley Capital, Aobo Capital, and Aier Eye Hospital.


2、 Dark disk data

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Ctrip Group-S (9961. HK)'s Hong Kong offering of shares received 17.78 times subscription, with a 3.73% increase in the dark market. Excluding handling fees and commissions, the first 50 shares closed with a profit of HKD 500.


3、 First day performance of new stocks

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Ctrip Group-S (9961. HK) was listed on the first day, closing at HKD 280.20 with a highest price of HKD 281.20. Excluding handling fees and commissions, the highest profit from a single 50 shares was HKD 660.



4、 Latest submission of new shares

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Fangzhi Development's IPO to Hong Kong: Revenue of 3.152 billion yuan in 2020

Fangzhi Development Group is one of the mature and leading comprehensive real estate developers focusing on the Greater Bay Area economic circle. The company's property development project portfolio mainly covers the Greater Bay Area. As of January 31, 2021, the company has a large-scale project portfolio consisting of 43 projects, covering 11 cities in Guangdong Province. The prospectus shows that in 2018, 2019, and 2020, the company's revenue was 3.044 billion yuan, 3.359 billion yuan, and 3.151 billion yuan, respectively. The gross profit during the period was 824 million yuan, 1.408 billion yuan, and 1.197 billion yuan. The net profits attributable to shareholders were 28.63 million yuan, 243 million yuan, and 289 million yuan, respectively.

Shaanxi Automobile Group's Chinese commercial vehicle networking platform, Deutsche Bank Tianxia Dianbiao Hong Kong Stock Exchange, had a revenue of over 3.2 billion yuan in 2020

Shaanxi Automobile Group's Chinese commercial vehicle networking platform, Deutsche Bank Tianxia, has submitted its listing application to the main board of the Hong Kong Stock Exchange. According to the Frost&Sullivan report, the company is a leader in China's commercial vehicle services industry, operating the largest commercial vehicle manufacturer's heavy-duty truck networking platform in China. In addition, according to the same report, the company is also a rare value-added service provider in the industry that can provide integrated comprehensive solutions around the entire commercial vehicle industry chain. As of December 31, 2018, 2019, and 2020, the company's revenue was approximately RMB 2.2963 billion, RMB 2.892 billion, and RMB 3.2617 billion, respectively, with a compound annual growth rate of 19.2% from 2018 to 2020. The company's profits during the same period were approximately 165.4 million yuan, 241.1 million yuan, and 318 million yuan, respectively, with a compound annual growth rate of 38.7% from 2018 to 2020.

Micron (International) Group Holdings Limited has submitted its application to the Hong Kong Stock Exchange as the third-largest OEM and ODM manufacturer of eyeglass frames in China

The company is a mature and high-quality eyewear (i.e. frame and sunglasses) designer and manufacturer, with headquarters and production facilities based in Hong Kong and China respectively. According to the Frost&Sullivan report, in terms of revenue generated from producing eyeglass frames in China in 2019, our group is the third largest (and largest among private enterprises) OEM and ODM manufacturer of eyeglass frames, accounting for approximately 2.0% of the market share. The company mainly engages in providing ODM and OEM services for eyewear products to customers, including eyewear product distributors, eyewear retailers, chain stores, trading companies, and licensed brand owners. They sell eyewear products to consumers worldwide, particularly in the United States, United Kingdom, France, Italy, Switzerland, Germany, Netherlands, Australia, Japan, China, and Hong Kong.

Dida Travel updates data to the Hong Kong Stock Exchange, with a year-on-year growth of over 36%

Dida Travel has resubmitted its listing application to the Hong Kong Stock Exchange and updated its business situation and related data. According to the application, the total transaction volume (GTV) of Dida Travel for the whole year of 2020 was RMB 9 billion. At the same time, the operating revenue for 2020 was RMB 791 million, a year-on-year increase of 36.3%, and the adjusted net profit was RMB 343 million. Dida Travel was founded in 2014. After years of development, Dida Travel, as a pioneer and leader in compliant ride sharing, is currently the largest ride sharing platform in China. On the other hand, in the taxi market, Dida Travel is also a pioneer and leading platform for China's digital ride hailing business, ranking second in the taxi ride hailing market.