Listing Is Not Smooth, XTEP Public Offering Market Reaction Is Mediocre.

Recently, Hongkong has launched a new wave of IPO, but the overall response of the market is still not very enthusiastic.

Yesterday, there was news that the 21 day began the public offering of XTEP prospectus on the first day of the reaction in general, combined with 3 brokerage data, recorded a total of 8 million Hong Kong dollar margin, but has been warmer than the initial stock market in early May.

By contrast, the mainland consumer companies listed last year are very different.

In July alone, three mainland consumer concept stocks, such as Anta, Vinda and new world department store, were listed. Among them, Anta's public offering of sporting goods manufacturers and marketers was about 183 times oversubscribed, and finally priced at HK $5.28, with a net capital of HK $3 billion 37 million.

The Vinda paper industry has also been oversubscribed about 115 times in the public offering, priced at HK $3.68 and the net capital raising is HK $709 million 900 thousand.

However, there are also institutional investors who say that although the stock market of Hongkong has even cooled down the whole stock market due to the influence of the United States, but with the steady start of the domestic demand market and the strong macroeconomic outlook of China, it is believed that the consumption concept stocks are still more investment value stocks, and the recent low rise of the stocks such as Wei Qian also shows that investor confidence is recovering.