Under the network to hit the new "cooling": 8 new stocks collectively raise the threshold, brokerage enhance audit standards – Sohu securities reporter Tan Chudan Shenzhen reported under the net hit the new 10 million threshold or will become "past"". Twenty-first Century economic report reporter found that in the next 5 trading days, a total of 11 new shares purchase, of which 8 have increased the net hit a new threshold, from 10 million to 2000-3000 million. There are investment bankers reflect, in recent months, the number of new individual investors under the net increased sharply, the investment bank of qualified investors review task also increased, the threshold will become a trend. At the same time, the reporter learned that, securities companies have begun to enhance the network under the new application of the audit standards. Bid farewell to the 10 million threshold, according to the latest data of the Securities Industry Association in August 24th, the current network of individual investors reached 12787 people; the data in July 29th only 7578 people, an increase of more than 60%. The active participation of individual investors mainly comes from the "new venture" can bring "risk-free income"". In the past, playing the new announcement of only 10 million can enhance the market value of the threshold; threshold is just one example, for example, at the beginning of the August IPO shares (603090.SH), Henghe Hongsheng mold (300539.SZ) market will raise the threshold to 20 million yuan. However, since entering this week, more than 20 million of the threshold has become "new normal"". Reporters found that, in the next 11 new shares purchase, 8 have been raised under the net hit the new threshold. Specifically, the August 22nd announcement of the inquiry Yatai International (002811.SZ), Bank of Changshu (601128.SH), (601163.SH), triangle tire requires "the first 20 trading days held in Shenzhen non restricted equity market on average is 20 million yuan (inclusive) above;" the next two days (23-24 days) of the shares (innovation 002812, SZ), Gansu sheenrun hair (300534.SZ), Zhenhua (603067.SH) also made the same request. 23 new shares issued by, new natural gas (603393.SH), urban land shares (603887.SH) more require new users under the net needs of the market share of circulation value. One of the new shares of the Underwriters, the capital market department official told the twenty-first Century economic report reporter, "mainly because of the recent increase in the number of individual investors is too much, investment banking workload is particularly large."." He said that the capital market department to review whether individual investors meet the new qualifications, not only to verify whether the threshold of market value, but also to verify the identity information of individual investors, relatives information, check the relationship. If the threshold is raised to 2000-3000, the investment banking workload can basically be reduced by half. According to my colleagues learned that other brokers are also intended to play a new threshold to improve the network." The capital market department said. In order to Hongsheng shares for example, the company hit the net new threshold of 20 million, the preliminary inquiry object number only 2347, while the average net of new shares issued with the same period of inquiry under Dan

网下打新“降温”:8只新股集体抬高门槛 券商提升审核标准-搜狐证券  本报记者 谭楚丹 深圳报道  网下打新1000万门槛或将成为“过去式”。  21世纪经济报道记者发现,在接下来5个交易日里共有11只新股申购,其中有8只已提高网下打新门槛,从1000万提升至2000-3000万不等。  有投行人士反映,近一个月来网下打新的个人投资者数量急剧增加,投行对合格投资者的审查任务也随之加重,门槛提高将成为趋势。  与此同时,记者了解到,已有券商开始提升网下打新申请资格的审核标准。  告别1000万门槛  根据8月24日证券业协会的最新数据,目前网下个人投资者已达12787人;该数据在7月29日时仅为7578人,增长逾六成。  个人投资者的踊跃参与主要源于打新能带来“无风险收益”。在以往,打新公告仅要求1000万市值门槛即可;提升门槛的仅仅是个例,比如8月初新股宏盛股份(603090.SH)、横河模具(300539.SZ)将市值门槛提高至2000万元。  然而,自从进入本周以来,2000万以上的门槛成为“新常态”。  记者发现,在接下来11只新股股申购中,有8只已抬高网下打新门槛。具体来看,8月22日公告询价的亚泰国际(002811.SZ)、常熟银行(601128.SH)、三角轮胎(601163.SH),均要求“前20个交易日持有深市非限售股票的流通市值日均值为2000万元(含)以上”;随后两天(23-24日)的创新股份(002812,SZ)、陇神戎发(300534.SZ)、振华股份(603067.SH)亦作出同样要求。  而23日发行的两只新股��新天然气(603393.SH)、城地股份(603887.SH)更要求网下打新者需要3000万流通市值股票。  上述新股里的其中一名承销商资本市场部人士向21世纪经济报道记者坦言,“主要因为近期增加的个人投资者数量太多,投行工作量特别大。”他表示,资本市场部要审查个人投资者是否符合打新资格,不仅审核是否达标市值门槛,还要核实个人投资者的身份信息、亲属信息,核查关联关系。  “如果把门槛上升至2000-3000万,投行工作量基本可以减少一半。据我从同行了解到,其他券商也有意要把网下打新门槛提高。”该资本市场部人士表示。  以宏盛股份为例,公司网下打新门槛为2000万,初步询价对象家数仅2347家,而与其同期发行新股的平均网下询价对象为4048家。  申万宏源分析师林瑾分析称,2016年以来,参与网下打新的初询配售对象家数均值以月均18.24%的增速快速上涨,至8月份,网下单只新股初询配售对象家数已上升至平均3717家,配售对象家数的激增直接大幅增加了投行工作负荷。  为此,上交所还下发通知,对配售环节中出现错漏予以处分,这应是主承和保荐人提高网下市值门槛最直接的动力。  严控审核标准  对于网下询价门槛提升至2000万,多名券商营业部人士认为,降温效果不明显。  深圳一家券商营业部总经理向21世纪经济报道记者表表示,“这并没有给网下打新降温,毕竟1000万-2000万之间的客户群体数量不多。”  佛山一家券商营业部人士表示,“事实上,但凡参与打新的投资者都是手上有数千万的流动资金。”  她向记者解释,一方面投资者若只有1000股票市值,只能在单边交易所市场打新。另一方面,对于资产刚好在1000万左右的投资者,他们实际参与的积极性并不高,“这类投资者打新成本会很高,可能要从不动产或者其他渠道变现才能凑够1000万,而1000万买股票,同时要承受20个交易日可能带来的浮亏风险,所以当我们向他们推广打新的时候,他们都很谨慎,不作太多考虑。”  林瑾表示,通过模拟测算后,当市值门槛提高到3000万元时,C类绝对收益平均提高42.85%,但由于打新成本的提升,年化收益率下降52.38%,至18.63%,但仍然远高于同等风险的银行理财的年化收益率。“我们认为即使市值门槛近一步提高到3000万,对大多数风控较松的投资者仍然具有较大的吸引力。”  与此同时,该营业部人士表示,随着网下打新投资者的踊跃参加,公司也在逐步提高打新门槛。“我们的审核要求已经越来越严格了。新的要求从今天正式(24日)实施,要求证券账户里必须是1000万股票市值,才可以申请资格,等拿到ukey以后,再根据具体新股的询价公告查看进一步需要多少股票市值。”  据其介绍,过往只要求证券账户有1000万资产即可,现金抑或股票均可。  在她看来,这一要求一定程度上能影响投资者的决策。“虽然客户在证券账户已有1000万资金,但有的不想过早配1000万流动市值股票,他们会觉得目前点位不够好,不愿意承受浮亏风险。以前他们可以拖延到网下打新前20个交易日时配股票,但现在我们要求在报送协会备案以前就要有1000万股票市值了。”  作者:谭楚丹相关的主题文章: