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《新股消息》德勤維持今年香港IPO集資3,300億元預測 料全年約10只中概股迴流
德勤發表今年首季中國及香港首次公開招股(IPO)市場回顧,指出受到疫情、美國加息週期及縮表安排影響,今年首季香港新股市場上市宗數及集資總額驟減,期內15宗IPO共集資136億元,按年跌53%及90%,上市宗數爲自2013年首季以來新低,於全球市場僅排名第六位,第一至五位分別爲上交所、韓國交易所、深交所、沙特交易所及納斯達克交易所。 德勤中國華南區主管合夥人歐振興指出,維持早前預測今年將有約120只新股,集資約3,300億元,指出香港市場估值及流動性受到衆多不確定性影響,但相信中概股迴流上市進度將加快,同時港交所(00388.HK)將優化海外發行人上市制度,可吸引不同股權架構、非創新產業、非大中華地區的企業來港進行雙重主要上市,在現有上市申請及基本面支持下,相信香港今年仍有能力爭取進入全球集資三甲地位。 季內,原預期以第二上市迴流的蔚來(09866.HK)(NIO.US)最終以介紹形式上市,導致期內集資額進一步減少。但歐振興預期,並非所有中概股都會如蔚來一樣以介紹形式迴流香港上市,指出IPO有助企業募集額外資金髮展業務外,亦有助擴闊股東基礎及提升成交量。撇除已在港掛牌及未符合市值、掛牌時間等要求,預期有40多家美國上市中資企業符合迴流標準,預料當中有超過10家準備迴流,德勤預期今年全年將會有約10只中概股來港上市。 再有更多中概股被美國列入《外國公司問責法》(HFCAA)發行人臨時名單,德勤中國資本市場服務部全國主管合夥人劉啓鴻預期,未來將會有更多企業被納入名單,短期料影響估值及投資者情緒,但見到中美雙方監管機構就審計監管談判有積極進展,距離真正退市期限仍有一段時間,相信中美雙方及企業都能應對。
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