Bank of Chongqing (601963.SH) officially listed in A shares, becoming the first city bank in the west to achieve A+H listing, and also the third city bank in China with A+H shares.
It is worth noting that, as the first bank stock in the A-share market in 2021, Bank of Chongqing has stopped rising and rising at the opening. Its current price is 15.6 yuan/share, up more than 44% from its issue price of 10.83 yuan. The total market value of A-shares has exceeded 50 billion yuan.
From the perspective of subscription situation, the subscription multiple of offline institutions and online individual investors of Bank of Chongqing was 144.2 times and 2690 times, respectively. The initial success rate of online issuance was 0.037%, and the final success rate of online issuance was 0.11% after the launch of the callback mechanism. It can be said that the new is not not hot.
Previously, A number of securities analysts released research reports, are optimistic about the Bank of Chongqing in the A share performance, Guangfa Securities researcher Wan Sihua that the corresponding fair value of the bank per share is 12.64 yuan/share -15.17 yuan/share.
Bank of Chongqing’s Hong Kong shares have also enjoyed A recent rally, perhaps thanks to the A-share listing. Its Hong Kong shares are now trading at HK $5.16, up 2% from the previous day, and up more than 55% from its low of HK $3.312.
From the A-share banking sector as A whole, as of press time, the bank index hovering at 5410 points, more than 2% higher than the previous day, A-share 38 listed banks all red.
Specific to the bank, in addition to the Bank of Chongqing, wuxi bank also traded for a time, stock prices of banks such as everbright, bank, Qingdao rose more than 5% before the first day.
Prior to February 2, A-share listed banks first annual report released, Ping An Bank (000001) released the 2020 annual report shows that the annual revenue last year achieved 153.542 billion yuan, A year-on-year growth of 11.3%; Net profit was 28.928 billion yuan, up 2.6 percent year-on-year.
Before this, there have been 17 A-share listed banks to disclose the annual results of 2020 Express shows that in addition to the net profit of SPD Bank fell slightly, the other 16 banks have achieved net profit growth.
In this regard, a number of insiders told reporters that the vast majority of bank net profits from negative to positive in line with expectations, with the steady recovery of domestic net profits, bank performance will usher in an obvious rebound.
Dong Ximiao, chief researcher at Zhaolian Financial, said bank performance is closely linked to the macro economy, and as the economic recovery stabilizes, it will be common for banks to see strong performance.