2024H1香港及美國IPO市场報告.pdf

1、?0101?IPO?TOP 3?TOP?10?02022024?H1?IPO?H?03032024?H1?IPO?TOP 10?05?05?CFA?04042024?H2?IPO?IPO?012022024 4?H H1?1?2024年1月1日?GEM改革生效?4月，中國證監會發佈五項資本市場對港合作措施。4月19日，港交所、上交所和深交所宣布新的滬深港通ETF納入標準，擴容投資標的。4月30日，亞洲首批比特幣和以太坊現貨ETF在港交所掛牌上市。6月11日，港股庫存股機制生效，正推進允許在香港註冊成立的上市公司持有庫存股份。6月18日，港交所宣布惡劣天氣不停市，於9月23日正式實施。6月28日

2、，港交所就下調證券市場股票最低上落價進行市場諮詢。聯儲局分別於3月、5月、6月宣布利率維持不變，降息預期更改為一次，共25個基點。4月，美國財長耶倫訪華。受降息推遲影響，上半年美元保持強勢，亞洲市場貨幣承壓。5月15日，美國政府宣布提升中國進口產品關稅，包括電動汽車、太陽能電池、半導體和先進電池等。6月，美國國會將聯邦政府預算赤字上調27%，達約1.9萬億美元。6月，美國消費者價格指數（CPI）為 3%。6月，聯儲局調整美國2024年GDP預期增速為2.0%，較3月份下降1%。香港資本市場美國資本市場?2024?4?12?A?A?IPO?IPO?2024?4?19?維?A?A?IPO?A?H?

3、A?A A?2022024 4?H H1 1?IPOIPO?TOPTOP 3 3?Wind?112743045.783.9107.4020406080100120?IPO?IPO?2024?H1?112?IPO?74?23?IPO?31.1%?134?17.15?15?19?188.48?106.4?2024?IPO?15%?8%?,?CFA?2022024 4?H1H1?IPOIPO?TOPTOP 10?10?Ipox?investing?Wind?Choice?2024?H1?TOP 10?IPO?8%?TOP 3?排名企業交易所集資額（億美元）行業 1Puig Brands SA馬德里證

4、券交易所29.8非日常生活消費品2Galderma Group AG瑞士證券交易所26.1醫療保健3CVC Capital泛歐證券交易所24.3金融4亞瑪芬體育紐約證券交易所15.7非日常生活消費品5Viking Holdings Ltd紐約證券交易所15.4非日常生活消費品6Kaspi.KZ納斯達克證券交易所10.4金融7Waystar Holding納斯達克證券交易所9.7醫療保健8Douglas Ag法蘭克福證券交易所9.7非日常生活消費品9UL Inc紐約證券交易所9.5非日常生活消費品10Rubrik紐約證券交易所8.6工業?迷?TOP 10?6 6?4444.3 3%?15.7?5

5、?51%?02?2024?H1?IPO?2022024 4?H H1 1?2025?1?1?9?23?2024?1?1?6?GEM?2,500?(GEM)?|?4?6?11?IPO?|?2023?3?31?18C?6?*?18C?給?18C?18C?Wind?2022024 4?H1H1?2724161029341813132612187414551494954030967112702144886051015202530354001002003004005006007008002021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q

6、42024Q12024Q220212021?-20242024?H1H1?IPOIPO?IPO?IPO?IPO?30IPO?134?IPO?31IPO?179?20232023?H1H120242024?H1H12024?H1?IPO?告?134?25.1%?6?IPO?25?IPO?18C?Q2?IPO?Q1?50%?64.2%?Wind?2022024 4?H H1 1?-?6753551444125?2024?H12023?H1?IPO?IPO?IPO?14?IPO?46.7%?-?IPO?Wind?2022024 4?H H1 1?-?67;?38%38;?21%31;?17%26;?

7、15%12;?7%3;?2%?-?IPO?2024?H1?2023?H1?59,?44%42,?31%15,?11%14,?11%3,?2%1,?1%?44%?告?4.21?75.4%?58.7%?16%?60.5%?90.3%?11%?2%?告?37.3%?8.4?13.4?37.3%?Choice?2022024 4?H H1 1?-H H?61109415153695.082.02474.67230.0718.453.4134.85112.2314.5944.2302468101214160501001502002503003504004505002022Q12022Q22022Q320

8、22Q42023Q12023Q22023Q32023Q42024Q12024Q22022022 2-2022024 4?H H1 1 H H?IPOIPO?IPO?IPO?2024?H?58.82?21.86?1.69?3.416.211.2610.98010.6925.869.062.6310.5805101520253000.511.522.533.5?20222022-2022024 4?H H1 1 H H?IPOIPO?2023?H1?IPO?2024?H1?IPO?2023?H1?IPO?2024?H1?IPO?H?告?H?44%?H?告?10.69?3.56?2024?迷 A+H

9、?Choice?2022024 4?H H1 1?-?05810880247222102024681012?5?5?10?10?20?20?30?30?40?40?2023?H12024?H12024?H1?8?26.7%?10?34.5%?40?5?-10?830?139?2024?迷?Choice?2022024 4?H H1 1?1235627269502468101214?-10%?-50%?-10%?-0?0?-10%?10%?-50%?50%2022023H13H1 vsvs 2022024 4?H H1 1 IPOIPO?2024?H12023?H12024?H1?2020?13

10、13?9?15?1414?1010%?5 5?5050%?16.7%?9 9?8 8?3030%?1212?Choice?2022024 4?H H1 1?-?21232204864340510152025?1?1-5?5-10?10-15?15-20?20?2023?H12024?H12024年TOP5認購項目2023年TOP5認購項目優博控股2503.03粉筆104天聚地合602.87樂華娛樂28.68老鋪黃金582.15維天運通23.09汽車街433.34美麗田園醫療健康22.12天津建發433.06正味集團18.282023?H1 vs 2024?H1?6122302468100-20

11、0?200-300?300-400?400-500?500?2024?H1?28?93.3%?25?86.2%?20?20?66.7%?4?13.8%?14?2024?2503?2022024 4?H H1 1?-?59283302468101?1-5?5-10?10-30?30-50?50?20242024?H1H1?3108360246810125%?5%-10%10%-15%15-20%20%?20242024?25?16?56.3%?14?10?3?50?6?20%?20%?17?10%?3?5%?Choice?273123.354.17020406080100120140?20242

12、024?H1H1?IPOIPO?-?IPO?IPO?272174.484.06020406080100120140160180200?20232023?H1H1?IPOIPO?-?IPO?IPO?2022024 4?H H1 1?-?IPO?2024?90%?IPO?告?29.3%?IPO?4?迷?IPO?Choice?2022024 4?H H1 1?-IPOIPO?5?23?76.7%?6?5?-10?20%?2024?H1?10?1?20?4.47?5.77?22.5%?20521123600105101520250-55-1010-1515-20202022023H13H1 vsvs

13、2022024 4?H H1 1 IPOIPO?2023?H12024?H1?Wind?*?IPO?2022024 4?H H1 1?-TOP?10TOP?10?(?)?1?25.86?2?11.38?3?10.59?4?9.54?5?9.06?6?6.57?7?5.63?8?5.29?9?4.93?10?4.61?(?)?1?53.09?2?16.48?3?10.98?4?10.19?5?9.01?6?7.91?7?6.27?8?6.08?9?5.97?10?4.97?TOP?10TOP?10?*80%?TOP?10TOP?10?70%?2022024 4?H H1 1 IPOIPO?50%

14、?2024?H1?2023?H12024?TOP 10?IPO?93.46?10?130.95?28.6%?TOP 10?71.1%?10?69.7%?2024?H1 TOP 10?TOP 10?TOP 10?8?IPO?TOP 10?7?IPO?03?2024?H1?IPO?Wind?2022024 4?H1H1?10332109997584214471387121141750204060801001200501001502002502022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q220222022-20242024?H1

15、H1?SPAC?IPOSPAC?IPO?IPO?IPO?16282643652526647526212855352134841154097970204060801001201401601800204060801001201402022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q220222022-20242024?H1H1?IPOIPO?IPO?IPO?2024?H1?114?104?9.6%?IPO?194?118?64.5%?Q2?97?15.5%?IPO?74?30?告?55.4%?SPAC?12?告?22?20?Wind

16、,?2022024 4?H1H1?-?191475108793242414481412131051015202530?2024?H12023?H1?IPO?48?IPO?42.1%?24?IPO?10?IPO?IPO?IPO?1?2022024 4?H H1 1?-?2022024 4?H1H1?2022024 4?H H1 1?2022023 3?H H1 1?54;?28%41;?21%30;?15%25.2;?13%24;?12%8;?4%7.1;?4%3;?2%1.4;?1%?55;?46%24;?20%11.6;?9%8.4;?7%7;?6%4.6;?4%4.4;?4%4;?3%1;?1%?Wind,?IPO?54?41?30?25.5%?25%?447.8%?9%?TOP3?64%?75%?Wind?Chioce?2022024 4?H H1 1?-TOP?10TOP?10?2024H12024H1?2023H12023H1?1?15.71?2VIKING15.37?3UL?SOLUTIONS10.88?4KASPI.KZ10.4?5WAYSTAR9.68?6AHR7.73