The latest data: 681 companies in the A-share IPO queue;
1. In December 2023, there will be 719 companies in the IPO queue, and a month later, there will be 681 companies, 38 of which have been digested. Among these companies in the queue, there are 58 in Shenzhen, 52 in Shanghai, 51 in Beijing, and 50 in Zhejiang this year. There have been signs of tightening in new listings in the past two months, with only one new listing being issued in three weeks at the end of last year, and only three in this week. At present, the number of companies in the queue has not decreased much, and it will take more than four years for 681 companies to be issued three times a week, but there will be new companies in the queue later, so it is unrealistic to suspend or cancel the IPO.
Second, after continuous adjustments, the valuation of ** is at a historical low, especially the ** stocks, the valuation is low and the performance is relatively stable, so we see that although the market continues to **, in January, ** stocks have signs of stabilization. But at the same time, the CSI 500 and CSI 1000 as the representative of the real small cap stocks are still in the process of performance clearing, that is to say, many varieties are not cheap, after last year's valuation, is still in the process of killing performance, in the market sentiment is not good, continuous killing is actually not surprising. Moreover, the impact of economic fundamentals and monetary easing on small and medium-sized markets is not great, and it is more directly related to their own prosperity.
Third, the IPO frenzy has put this balance in jeopardy. What the provinces should do at this time is to contribute to the stability of the country, rather than become the driving force of instability.
It is true that an IPO is an important step in the development of a business and one of the means to promote the local economy. However, this does not mean that you can ignore the status quo and the feelings of shareholders. If you blindly go public for the sake of going public, then it is the shareholders and the company itself that will be hurt in the end. Calling on provinces to temporarily cancel or significantly reduce this year's IPO plans is not a short-sighted act, but a reverence for the market and respect for shareholders. When the market recovers, it is not too late to push companies to go public.