I. Prospectus information and winning rate forecast
As of writing this article, according to the current subscription situation, there will be no refund in the end. The first-hand winning rate is as high as 100%. As long as you subscribe, it will be insured, and the first one will exceed the principal amount, which is exciting!
II. Reasons why IPOs in the banking sector are unpopular
Not to mention the fundamental data; there's basically no need to read it, except for individual retail joint stock banks (similar to China Merchants Bank and Ping An Bank)
Bank stocks have always been unpopular in Hong Kong stocks opening up new markets.
As can be seen from the chart above, bank stocks have the following characteristics
1. The rise and fall rate is not surprising. With one or two points of increase, you can play for several days, and the subscription may instead lose processing fees
2. The winning rate is very high. Most bank stocks are in the top 100
3. The number of purchasers is small, because there is no scarcity. Bank stocks in the secondary market are big, and the valuations are clear, and there are not a few bank stocks on the market that have better fundamentals and lower valuations. So why should they buy new banking stocks with average basic data and low valuations (except for excellent retail banks)
III. Opportunities for new shares in the banking sector
Although there is not much value in investing in new bank stocks, there are some opportunities for arbitrage speculation
For example, in the image above, Bank of Weihai, Bank of Jiangxi, Bank of China, Bank of Jinzhou, etc., all broke in the dark market, but they were still flat or recharged on the first day. This gave us an opportunity to buy on the dark market and then sell arbitrage on the first day, so we could earn some pocket money
The reason for this is because of the second largest...