A Shares IPO First Or Restart In The Two Quarter Of Next Year

DDT recently released a report that A shares IPO restart optimistic estimate will be in April and May 2016, and is expected to restart after the issuance of new shares will be mainly small and medium-sized.

According to the original plan, the second instance of the NPC Standing Committee on the revised draft was carried out in August this year, but the stock market volatility has made the relevant parties more research and lessons learned, so the whole process has been postponed.

In the first 9 months of 2015, a total of 192 companies in the A share market were listed and raised 147 billion 400 million yuan, excluding the third quarter of 2014. In the third quarter of this year, the IPO has not been in the slowest quarter of five years, but only 5 new shares have been issued RMB 1 billion 240 million yuan.

In July 4th this year, the SFC announced the suspension of the IPO issue.

At that time, the media reported that "IPO will be suspended or postponed for half a year."

The industry also widely believes that "

The suspension is a move to the market. When to recover, it will depend on the trend of the market, at least after the smooth pition of the market. "

Some time ago, it was rumoured that the IPO was ready to restart.

In response, market participants believe that the probability of restarting IPO in the short term is very small.

In October 2nd, the Hongkong media "South China Morning Post" quoted CSRC's unnamed officials as saying that the SFC has improved the assessment procedures for listing applications, and is ready to restart the IPO once the market stabilizes.

People close to the regulator said, "there is no definite time frame for the reopening of IPO."

Previously,

The upstart issue is being prepared, and the related underwriting methods will be revised in the near future. However, a number of broker dealers say they have not received the notice that the IPO is ready to restart.

A large brokerage investment bank said, "if the IPO is ready to restart, it should be notified to all brokers.

Our company has not approved the project yet, but it has not received any notice.

"

In November 30, 2013, the securities and Futures Commission issued the "opinions on further promoting the reform of the IPO system". In response to media questions at the time, the spokesman for the securities and Futures Commission, Deng Ge, said that after the issuance of the opinions on further promoting the IPO system reform, the IPO underwriting method will be substantially revised. From the current draft, 1/3 will be changed.

In addition to the new underwriting method or the reform, at present,

The revision is also in progress, but the process has slowed down.

At the "2015 South Lake Internet Financial Summit Forum" in September 24th, Wu Xiaoling, vice chairman of the NPC finance and Economic Commission, said publicly to the participating media at the meeting gap. "The second instance of the Securities Law (Revised Draft) will also be the fastest in December, and the three trial and the latter can only wait until next year.

"