No IPOs this week!
Judging from the current disclosed data, there is no new share subscription this week, and it is worth mentioning that there will be no new share subscription next week!
After the new village chief took office, the number of IPOs has decreased significantly!
Statistics show that since January, there have been only 32 new shares issued, compared with last year, both the number of new shares issued and the amount of funds raised have declined sharply, this year's fundraising amount was 22.761 billion yuan, and last year's was 114.3 billion yuan!
It is understood that 102 new shares have been issued at this time last year, a significant decrease of 70 year-on-year, which is more significant in any previous time period!
IPO has always been a topic that has been discussed a lot in the market, and the new village chief has indeed made a lot of efforts in this regard, whether it is the previously mentioned IPO counter-cyclical adjustment, raising the entry threshold for new shares, terminating the IPO scale of Syngenta of 65 billion, and supervising the IPO of CITIC Securities on the spot;
In addition, judging from the "National Nine Articles" released after trading on Friday, the content of new shares was also mentioned, raising the listing threshold of A-shares, and improving indicators such as operating income and net profit;
It is believed that the quality of new shares will be greatly improved, and the phenomenon of breakage and over-offering will also be slowed down to a certain extent.
To sum up, it all shows that the new village chief is doing practical things, and the current A-share market really needs to recuperate, as long as the house is cleaned, I believe that the A-share market will be better!
Important after-hours news:
1. Shangwei shares: The company's controlling shareholder and actual controller were heavily fined 7 million for manipulating the market, and since the bottom of February, the company's stock price has rebounded to 11%;
2. CATL: The first quarter results were released, of which the net profit was 10.5 billion yuan, a year-on-year increase of more than 7%, and the stock price of CATL has risen by more than 30% since the bottom;
3. Dahua shares: The company released the 2023 annual report results, during the reporting period, the company achieved a net profit of 7.36 billion yuan, a net profit growth rate of 217%, and the company plans to distribute 3.82 yuan in 10 distributions;
Index Movements:
Judging from Monday's market trend, the market fell rapidly in early trading, but soon under the force of heavyweight stocks, the index was quickly pulled up to maintain a high level of shock!
On Monday, the net inflow of northbound funds exceeded 7 billion, and the transaction was also obviously put forward, breaking through the trillion again, as long as the follow-up index continues to stand firm on the 5.10-day line, then the signal of short-term stabilization will increase greatly!
In the short term, the bullish line in the market is reversed by the negative candle on Friday, does it mean that the adjustment has been completed?
Personally, I think that the short-term adjustment is likely to be in place, just like we said before that the market adjustment point is at 3000 points!
In the morning, it retraced 3,000 points and quickly rose, although this is a weight guard, but in any case, the signal of short-term stabilization has been very obvious!
And from the perspective of technical form, the market has come out of the small W bottom market, and it is expected to continue to fluctuate repeatedly at 3050 points in the short term, and continue to try to break through to 3100 points after adjustment.
In the short term, the support level of the market has been relatively obvious, and the room for continuous decline of 3000 points is relatively small, so there is no need to worry too much about the market falling back when it encounters resistance again!