Rate Of ReturnA feast for Hong Kong stock IPO applicants
This wave of Hong Kong stock IPOs in April has created a small climax, starting from $SIGENERGY(06656.HK) to today's grey market $VGT(02476.HK). As can be seen from the chart below, the first three that have already listed had exaggerated first-day gains, with two rising over 100%:
I found an indicator quite important these past two days: per-lot profit, which can intuitively reflect the profitability of current new stocks. I plan to add it to the table above in the next few days.
I manually did a simple calculation of the per-lot profit just now, without deducting subscription fees and such. Especially the 30,000 yuan profit per lot from Sige New Energy's wave completely ignited the mood:
My luck wasn't great this round; I only managed to get a small sip of the soup.
Speaking of new stocks, two more were listed today: $XIZHI TECH-P(01879.HK) and Maiwei Bio. At first glance, both are worth participating in, especially Xizhi Technology which deserves focused participation.
Xizhi Technology did something weird: each lot is actually 15 shares. For the Hong Kong stocks we commonly see, most have lot sizes of 50, 100, 200, 500, 1000, or 10000 shares.
I specifically checked if this 15-share lot has ever appeared before. I can tell you it's indeed a weird one, a product you see once in a blue moon. There has never been a Hong Kong stock with a lot size of 15 shares before; Xizhi Technology is unique. Xizhi Technology has gone to great lengths to let everyone get a small piece of meat.
The highest lot size is 110,000 shares, which belongs to the already delisted TECHSTARACQ-Z:
Smaller lot sizes are usually 10, 20, or 50 shares; there are also two with 30 and 40 shares per lot, which are also considered quite weird:
For Xizhi Technology's public offering, there are initially 45,984 lots, and after clawback, there could be up to 183,936 lots, a huge supply; the cornerstone investor lineup is impressive, and its concepts and technology are very new, making it worth focusing on.
Amid the fluctuating news over the weekend, A-shares performed better than expected today, with more gainers than losers: 3,424 stocks rose, while only 1,898 fell. Trading volume picked up again, reaching 2.61 trillion yuan today, which is a very active level. Today's leading gainers were mainly in defense, information technology, and media, while the main decliners were in energy and real estate.
As of last Friday, the $NASDAQ-100(.NDX.US) has risen for 13 consecutive days and hit a new high. Through this wave of the U.S. stock market this year, I've learned some lessons. Previously, my U.S. stock grid strategy focused more on individual stocks and less on ETFs. In reality, during the recent rebound, the indices recovered faster than most individual stocks.
For retail investors like us with limited selection ability, indices are a better choice, whether for dollar-cost averaging or grid trading. My future operations in U.S. stocks will lean more towards ETFs, with individual stocks only focusing on mega-caps, and I will control position sizes.
Due to the fluctuating news over the weekend, Brent crude oil rebounded 5% today, now around 95. Perhaps Long (a nickname) has also discovered the joy of drawing K-lines, with both sides seesawing back and forth, forming the K-lines each side wants, and those who needed to take profits have done so. The latest news I saw is that negotiations are happening again, which is expected; the market is now basically numb to these messages, and things just go on as usual.
Content Creator: Dolphin Index Valuation
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