wind数据统计显示，下周共有47家公司限售股陆续解禁，合计解禁70.40亿股，按9月6日收盘价计算，解禁总市值为557.05亿元，较本周环比增加191.33%。Peak of lifting ban within the month! The scale of lifting ban next week increases nearly twice compared to the previous week. After a six-month delay, the largest brokerage firm's lifting ban next week will exceed 17 billion. 5 individual stocks have large-scale and high-rate lifting bans, making it onto the list.
On September 8th, Caixin Media Finance reported that next week (September 9th to September 13th), the A-share market will usher in a small peak of lifting bans within the month, involving 47 stocks with a total market value of 55.705 billion yuan. Among the individual stocks, Citic Securities, the largest brokerage firm, ranks first with a lifting ban market value of 17.751 billion yuan. Another "billion-scale" lifting ban stock is China Railway Special Cargo, with a lifting ban ratio exceeding 70%.
Peak of lifting ban within the month! The scale of lifting ban next week increases nearly twice compared to the previous week.
Wind data statistics show that a total of 47 companies will gradually lift the restricted shares next week, with a total of 7.04 billion shares to be lifted, and the lifting ban value is calculated at 55.705 billion yuan based on the closing price on September 6th, an increase of 191.33% compared to the previous week.
In terms of specific days, Monday and Wednesday next week will be the peak lifting ban days, with a concentrated unlocking value of 26.054 billion yuan and 20.579 billion yuan respectively.
After a six-month delay, the largest brokerage firm's lifting ban next week will exceed 17 billion.
In terms of the scale of individual stock lifting, there are two stocks with a market cap of more than 10 billion to be lifted next week, namely CITIC Securities (17.751 billion yuan) and CRRC Corporation (12.784 billion yuan). China Agri-Industries (2.369 billion yuan), Cai Bai Co., Ltd. (1.934 billion yuan), Lanwei Medical (1.809 billion yuan), and other stocks closely follow, ranking in the top five of the scale of lifting next week.
Specifically, CITIC Securities, known as the "number one brokerage", will lift 0.931 billion shares on September 11. The lifting shareholders are Guangzhou Yuexiu Capital Holdings Group Co., Ltd. (referred to as Guangzhou Yuexiu Capital) and Guangzhou Yuexiu Capital Holdings Group Co., Ltd. (referred to as Yuexiu Capital). These shares come from CITIC Securities' private placement completed in March 2020 and the rights issue in 2022. The private placement was priced at 16.62 yuan per share. As of the close on September 6, CITIC Securities' stock price was 19.06 yuan per share.
Source: CITIC Securities Announcement
It is worth mentioning that six months ago, Yuexiu Capital and its subsidiary decided to delay the lifting of CITIC Securities' shares they held, citing "confidence and recognition in the continuous development and value of CITIC Securities, the stable income generated by holding CITIC Securities' stock, and the support for the healthy development of the capital market and the protection of the interests of the general public investors".
CRRC Corporation, ranking second in terms of lifting scale, will lift 3.4 billion shares on September 9. The lifting shareholder is China Railway Investment Co., Ltd., which is also the largest shareholder of CRRC Corporation. As of the close on September 6, CRRC Corporation's stock price was 3.76 yuan per share, with a market cap of 16.7 billion yuan.
5 stocks have a large number and proportion of shares to be lifted, making it to the "double list".
Compared with the market cap at the time of unlocking, the proportion of unlocked shares in the total share capital of the company has a more direct and significant impact on the stock price. Next week, there will be 9 companies with unlocking proportions exceeding 50%.
Looking at the specific unlocking proportions of individual stocks, the unlocking proportions of China Railway Special Cargo, Semic SF Holding, and Jin Sanjiang next week all exceed 70%, and the proportions of unlocking quantities to the total share capital are 76.5%, 75%, and 71.41% respectively.
It should be noted that next week there are 5 stocks with large-scale and high-proportion unlocking, namely China Railway Special Cargo, Jin Sanjiang, Botai Biological, COFCO Engineering & Technology, and Lanwei Medical. Among them, while the unlocking proportion of China Railway Special Cargo exceeds 70%, the unlocking scale exceeds 10 billion.
Although large-scale unlocking of shares does not necessarily lead to a direct decline in stock prices, investors should still remain vigilant when facing a large amount of unlocking shares that account for a significant proportion. This unlocking may cause a sharp increase in the number of shares circulating in the market and thus have a certain impact on the stock price in the short term.
