In July, Hong Kong IPO successfully listed 27 companies, raising HK $14.8 billion. Unlike the domestic A-share IPO, which is 23 times at a glance, the price-to-earnings ratios of different companies vary greatly, and the highest is the heart of companies in the clothing industry.Buddy BeyGroup Co., Ltd. (8297.HK) listed on a price-to-earnings ratio of 181.6 times, to the lowest Inner Mongolia Energy Construction Investment Co., Ltd. (1649.HK) listed on a price-to-earnings ratio of 6.3 times, it can be said that different companies sold different prices.
On average, the price-to-earnings ratio of IPO in July is close to 35 times, of which the average price-to-earnings ratio of main board IPO and gem IPO are 25.4 times and 41.6 times respectively, which are higher than those of domestic A-share market IPO.
Make a list of some companies and feel for yourself:
The largest amount of capital raised by Hong Kong IPO in July isCentral Plains Bank1216.HK, Inc., with a price-to-earnings ratio of 12.4 times.
The smallest amount of money raised by Hong Kong IPO in July is Xinxin.Buddy BeyGroup Limited (8297.HK), with a price-to-earnings ratio of 181.6.
Information technology is still a very popular industry, from TaiwanJingyang Group8257.HK, a listed company with a price-to-earnings ratio of 70.6 times, is from Zhuhai, China.New materials for Xingye8073.HK is listed on a price-to-earnings ratio of 65.3.
Two diversified financial companies from ShenzhenFudao GroupLimited company (3848.HK) andShengye capitalLimited company (8469.HK) gained 23.6 times and 27 times earnings respectively.
In the consumer goods industry, three companies went public in July, with an average price-to-earnings ratio of 37.6 times earnings.Coconut Feng GroupCo., Ltd. is a company from Malaysia, which mainly produces coconut milk powder and low-fat coconut paste, with a price-to-earnings ratio of 53.4 times.
Trend in recent years
For the whole of 2017, the average price-to-earnings ratio of IPO from January to July 2017 is 25.7 times. In recent years, the price-to-earnings ratio of Hong Kong's IPO market has been rising:
The Hang Seng Index has performed amazingly in the past two years, the market is extremely active, which has driven the valuation of listed companies, and the price-to-earnings ratio of IPO has also risen. Listing in Hong Kong may increasingly become a good choice.