Jinshi data, March 3 news, CITIC Securities pointed out that the normalization of IPO is not only in line with the reform direction of balancing investment and financing, but also the proper meaning of Capital Market serving the real economy. The long-term return of the stock market cannot be achieved solely by abundant Liquidity, and the introduction of high-quality growth companies through IPO is the foundation for the long-term stability of the market. Looking at the abundant Liquidity level in the A-share market in the past five months, under the premise of not relaxing the listing standards, the moderately increased IPO supply will not burden the market. We expect that driven by the active IPO market in the mainland and Hong Kong, the securities industry is expected to achieve the restoration of fundamentals and valuation with the characteristics of light asset and high ROE in investment banking business.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
