Review of last week's three new listings
Xi Zhi Technology$XIZHI TECH-P(01879.HK)
There's not much to say about Xi Zhi; all the analysis that should be said is already in the articles. The previous article also initiated a poll on the price increase. This time, the 400+% gain is beyond expectations yet within reason!
Also touched on the shareholding structure.
The stock has risen so much, but no one is looking at its current valuation. After all, it's only partially commercialized. It's mainly about betting on future potential first, with infinite forward-looking ing. The post-listing gain is much higher than the grey market price increase, showing extremely high enthusiasm in the secondary market. After all, in recent years, the "light band" should have made everyone a lot of money.
Looking at the price level, the post-listing high was 996, corresponding to a market cap of 91.6 billion. Reaching a trillion market cap should also be a hurdle. This kind of company, whose shares are mainly held by large institutions and long-term investors, doesn't face much heavy selling pressure.
The next major change is likely to be inclusion in the Stock Connect, relying on Southbound capital to drive it up. Why? Look at Yi Zhongtian! Find one with a high Yi Zhongtian content to see:
In short, the multiple-choice question is here: A. Continue to believe in the light. B. Believe in the light, but a bit scared. C. Have a new faith now.
If, at the time of inclusion, the optical communication sector still hasn't experienced a major pullback + Xi Zhi hasn't been significantly pumped up, the prospects after inclusion would still be quite considerable. However, the probability of both these preconditions being met is not very high. The latter is still relatively more likely to materialize!
A 37-year-old MIT PhD led the team to ring the bell. So impressive!
Sunmi Technology$SUNMI TECH-W(06810.HK)
This is Sunmi's script, purely a liquidity-driven story.
A +300% gain is also pretty outrageous. Calculating, one lot can make 7500, which can slightly compete with Xi Zhi's one lot max gain of 12k. But the big brother is still Xi Zhi. In terms of allocation ratio, participating in Xi Zhi with the same amount of money is better, after all, 184k lots is still too much.
Maiwei Bio$MABWELL-B(02493.HK)
The consequence of an IPO leaving no room for upside: the first day gave a chance to exit, but the sell-off at 2 PM directly broke the issue price. What followed was a continuous downtrend, potentially ending with a 35~40% discount. But this cannot be used as a reference for bottoming behavior because the A-share market is also falling.
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