[IPO] 5 new stocks list: Basic Semiconductor 9971 opened up nearly 8%, one lot profit 500 yuan; Ruiwei Technology 7656 dived nearly 17%; Dongfang Kemai 1770 postponed to Thursday listing.

Five new stocks were listed, namely Ruwei Technology (07656), MOMENTA (06880), Yikong Zhijia (07687), Baogai New Materials (08090), and Basic Semiconductor (09971).

• Basic Semiconductor: opened at 34.12 yuan, 7.9% higher than the IPO price of 31.62 yuan; profit of 500 yuan per board lot (200 shares)

• MOMENTA: opened at 301 yuan, 1.8% higher than the IPO price of 295.6 yuan; profit of 108 yuan per board lot (20 shares)

• Ruwei Technology: opened at 18 yuan, 16.9% lower than the IPO price of 21.66 yuan; loss of 732 yuan per board lot (200 shares)

• Yikong Zhijia: opened at 91 yuan, 3.5% higher than the IPO price of 87.92 yuan; profit of 154 yuan per board lot (50 shares)

• Baogai New Materials: opened at 6.22 yuan, same as the IPO price of 6.22 yuan

As for the electronic paper display module manufacturer Dongfang Kemai (new listing code: 01770), its listing has been delayed by one day. The company explained that it needs additional time to finalize the allotment announcement and obtain approvals from the regulatory authorities, so the listing timetable will be pushed back, with listing expected on July 9.

Allotment Results

• Basic Semiconductor: the public offering saw 207.7k applicants placing orders, oversubscribed by 4,811.72 times; one-lot subscription rate was 0.17%. Investors needed to subscribe for 400k shares or 2,000 board lots to guarantee an allotment; the international placement received subscriptions from 96 placees, oversubscribed by 1.98 times;

• Ruwei Technology: the public offering saw 169.6k applicants placing orders, oversubscribed by 3,645.06 times; one-lot subscription rate was 3%. Investors needed to subscribe for 250k shares or 1,250 board lots to guarantee an allotment; the international placement received subscriptions from 105 placees, oversubscribed by 2.08 times;

• MOMENTA: the public offering saw 209k applicants placing orders, oversubscribed by 412.63 times; one-lot subscription rate was 5%. Investors needed to subscribe for 6,000 shares or 300 board lots to guarantee an allotment; the international placement received subscriptions from 239 placees, oversubscribed by 19.31 times;

• Baogai New Materials: the public offering saw 117k applicants placing orders, oversubscribed by 3,014.69 times; one-lot subscription rate was 0.5%; the international placement received subscriptions from 60 placees, oversubscribed by 0.26 times;

• Yikong Zhijia: the public offering saw over 110k applicants placing orders, oversubscribed by 156.82 times; one-lot subscription rate was 10%. Subscribing for 9,000 shares or 180 board lots already secured the allotment; the international placement received subscriptions from 74 placees, oversubscribed by 9.5 times;

Grey Market Performance

On Tuesday, six new stocks traded in the grey market. Based on the grey market performance at the time, five gained and one lost on the issue price.

• Basic Semiconductor: grey market closed at 37.1 yuan, 17.3% higher than the IPO price of 31.62 yuan; profit of 1,096 yuan per board lot (200 shares)

• Dongfang Kemai: grey market closed at 82.2 yuan, 4.5% higher than the IPO price of 78.64 yuan; profit of 178 yuan per board lot (50 shares)

• MOMENTA: grey market closed at 299 yuan, 1.15% higher than the IPO price of 295.6 yuan; profit of 68 yuan per board lot (20 shares)

• Ruwei Technology: grey market opened at 19.12 yuan, 11.7% lower than the IPO price of 21.66 yuan; loss of 508 yuan per board lot (200 shares)

• Yikong Zhijia: grey market closed at 95.8 yuan, nearly 9% higher than the IPO price of 87.92 yuan; profit of 394 yuan per board lot (50 shares)

• Baogai New Materials: grey market closed at 6.61 yuan, 6.2% higher than the IPO price of 6.22 yuan; profit of 95 yuan per board lot (500 shares)

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