羅兵咸永道:去年內地TMT企業上市融資額按年翻倍
羅兵咸永道今日發布了2020年下半年中國科技、媒體及通信行業(TMT)企業首次公開招股(IPO)數據。2020年下半年內地TMT企業IPO數量大幅度上升,共計109宗,融資總額躍升至約人民幣2,496億。2020年全年,內地TMT企業IPO數量合計164宗,較2019年全年增加近58%,共獲得融資額約3,468億人民幣,較2019年全年大幅增加近一倍。其中2020年下半年融資額最大的內地TMT企業IPO分別是於科創板上市的中芯國際(融資額約532億人民幣),以及於香港上市的京東健康(融資額約261億人民幣)。
羅兵咸永道中國內地科技、媒體及通信行業主管合夥人高建斌表示,去年下半年在科創板及創業板註冊制實施的推動,以及受美國和香港資本市場活躍的驅動下,中國內地TMT公司的上市勢頭持續加強。由於快手等企業於2021年年初在香港上市,再加上科創板及創業板塊的穩步發展,展望2021年會是一個TMT企業IPO大年,在A股和海外市場都有可能創新高。
截至2020年12月31日,在科創板掛牌上市的企業共215家。其中TMT企業共86家,平均融資額為18.12億人民幣。上市首日,該86家TMT企業平均市盈餘為60倍,市盈率最高的達到近355倍。
在創業板方面,自2020年8月24日創業板註冊制首批企業掛牌上市以來,共有63家企業於創業板上市,總融資額為660億人民幣,平均融資額為10.48億人民幣,平均首發市盈率為35倍。其中,17家TMT行業企業的總融資額為152億人民幣,平均融資額為8.96億人民幣,平均首發市盈率為35倍。
羅兵咸永道全球科技、媒體及通信行業主管合夥人周偉然展望香港市場將繼續成為中概股尋求二次上市的首選地,雖然2020年度中概股赴美上市勢頭強勁,不過《外國公司問責法案》的生效將增加中國企業赴美上市的困難和不確定性,料短期內並不會對中概股赴美上市造成實質性影響,惟法案的生效也將在一定程度上推動中概股尋求香港或海外二次上市。(el/u) ~
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