Industry | 6 shares on the Sci-tech Innovation Board have been issued: 3 are the first batch of listed stocks with high issuance prices as the "hardest hit area"

Of the 51 companies listed on the Science and Technology Innovation Board, 6 broke the issue, with a breakage rate as high as 11%.
Unexpectedly, it was also unexpected.
As the starting point for this year's capital market reform, the Science and Technology Innovation Board has attracted attention from all parties.
From this perspective, it is indeed a bit unexpected to break the issue, especially the breakage so fast.
Unexpectedly, because the issuance price and price-earnings ratio of the Sci-tech Innovation Board are generally high, there are a total of 4 companies with an issuance price of more than 66 yuan, 2 of which broke and 1 was on the verge of breaking.
Among the break-up teams, Rongbai Technology, Tianzhun Technology, and Shin Kong Optoelectronics were the first 25 stocks to be listed.
Shin Kong Optoelectronics stock price has fallen from the highest 103.
8 yuan to the latest 39.
10 yuan, a drop of more than 60%.
The break of scientific and technological innovation stocks also affected the new popularity.
At the end of October, the number of purchasers of 7 stocks including China Electric Power Research Institute exceeded 3.
49 million.
By November 7th, the Jinshan office was renewed, and the number of effective purchasers for online issuance dropped by nearly 200,000 from the previous high.
High issuance price has become a "severe disaster area".
Among the 51 listed stocks in the "severe disaster area" , the issue price ranks in the top 4, with 2 breaking and 1 on the verge of breaking.
Haohai Biotech (688366) has the highest issuance price among 51 companies listed on the Science and Technology Innovation Board, at RMB 89.
23.
This is a high-tech biopharmaceutical company focusing on R&D, production and sales of medical biomaterials.
The company was listed on the Hong Kong market in 2015.
On October 30, Haohaishengke was listed for trading.
The stock price trended strongly on the first trading day and rose to 149.
3 yuan.
After that, it fell all the way.
On the sixth trading day, it fell below the issue price in the intraday market, and the final closing price was higher than the issue price.
Out of 0.
62 yuan.
Today's closing price is 80.
84 yuan, a drop of more than 10% since its listing.
Another piece of Jiuri New Material, which broke the issue, has an issue price of 66.
68 yuan.
It was listed for trading on November 5 and broke the issue price on the second trading day, becoming the fastest company to break the issue on the Science and Technology Innovation Board.
Currently, the closing price is 62.
74 yuan.
Baolande, which has the second highest issue price, has an issue price of 79.
3 yuan, and will be listed for trading on November 1.
As of today's close, the stock price is 80.
93 yuan, only 1.
63 yuan from the break.
In trading on the 12th, the intraday dropped to 79.
35 yuan, only 0.
05 yuan from the break.
Among the top 4 current issue prices, only Baichu Electronics has no risk of breakage.
The issue price is 68.
58 yuan, and the current stock price is 122.
5 yuan.
Decline in net profit growth In addition to the high issue price, another reason for the decline in net profit growth may be related to the company's fundamentals.
Of the 6 break-out stocks, 4 of the first three quarters of this year saw their profits decline, accounting for 4 of the 10 companies that had a decline in profits in the first 9 months.
Among them, Tianzhun Technology and Xinguang Optoelectronics' profit fell by 80% and 53% respectively, becoming the two fastest-declining companies.
The profits of Jeput and Haohaishengke declined 18.
61% and 10.
04% respectively in the first three quarters, ranking sixth and seventh among the 10 companies with declining profits.
Rongbai Technology, whose profits have not declined, only increased its net profit by 2.
58% year-on-year in the first three quarters of this year.
The net profit growth rate is relatively ideal is the fastest break-out stock Jiuri New Materials, an increase of 86.
7% year-on-year.
Compared with the growth rates of 732.
03%, 399.
13% and 325.
37% of the profits of Transsion Holdings, China Micro and Traffic Control Technology in the first three quarters, the business of break-up companies really needs to be improved.
The sci-tech innovation board gave birth to "100-yuan stocks" The sci-tech innovation board gave birth to "100-yuan stocks" as of the close of November 13th, there were a total of 32 100-yuan stocks in the A-share market, of which 6 were from the sci-tech innovation board.
Among the top 50 A-share stocks, the Science and Technology Innovation Board accounted for 8 shares.
Currently, the three stocks with the highest share prices on the Sci-tech Innovation Board are Nanwei Medical (170.
38 yuan), Espressif Technology (150.
86) and Xinmai Medical (133.
61 yuan).
From the perspective of overall valuation, the price-to-earnings (PE) ratio of the Sci- tech Innovation Board is about 78 times, the price-to-book ratio ( PB ) is about 5.
5 times, and the dynamic PE and PB of the ChiNext are 40 times and 3.
1 times, respectively.
On the Sci-tech Innovation Board, 14 have a P/E ratio of more than 100 times.
There are 21 in the PE range of 50-100.