Wang Zheng of Guotai Junan: IPO émission is expected to pick up next year, with an estimated total of 150 to 210 émissions for the year.

Gold Ten Data, December 10th News, Wang Zhengzhi, Chief Analyst of Guotai Junan IPO Research, made the latest interpretation of next year’s IPO strategy at the 2025 Strategy Meeting. Wang Zhengzhi said that in 2024, multiple measures were taken to promote the high-quality development of IPOs, and the speed of émission increased slightly after the third quarter. It is expected that the speed of new stock émission will rebound in 2025. Data shows that as of the end of November, there were 89 new stocks listed in 2024, which is at a relatively low level since 2019, and the speed of émission has increased slightly after the third quarter. The acceptance release signal of the 2024Q4 IPO is warming up, and the émission pace of the Shanghai and Shenzhen stock markets in 2025 is expected to pick up. The total number of émissions is expected to be 150-210 for the whole year, with a total fundraising scale of about 160 billion yuan. According to neutral calculations, the expected return on investment for A-class accounts with a 500 million scale in 2025 is about 3.32%, and the expected return on investment for B-class accounts with a 200 million scale in 2025 is about 4.38%.