Does anyone know that Longguang Real Estate is listed? What is the stock code?

State Street Investment provides you with quality answers:

Longguang Real Estate was successfully listed, and the Hong Kong stock code 03380*** sold 750 million shares;

From the share reform in 2008 to the official listing in 20 13, Longguang Real Estate has been on the capital market for five years, which is similar to excellence group and other real estate enterprises that rushed to go public several times.

Due to poor market conditions and investors' slow response, the subscription price of stocks is too low. Longguang Real Estate, like excellence group, suspended its listing near the time of listing.

The originally optimistic financing scale has also declined step by step. It is rumored that Longguang Real Estate originally planned to raise 3 billion yuan, but today it fell to a low price.

In 20 13, seven mainland real estate enterprises went public in Hong Kong, namely Golden Wheel Tiandi, wuzhou international, Contemporary Real Estate, Yide International, Jing Rui Holdings, Times Real Estate and Longguang Real Estate.

Seven mainland real estate enterprises listed in Hong Kong are expected to raise up to HK$ 9.339 billion, which is far from the original fundraising plan. The performance of these companies is hardly satisfactory.

According to public information, the public offering in wuzhou international only subscribed for 57%, while the public offering in contemporary real estate subscribed for 65,438+02%, so the final issue price can only be set at the lower limit.

In terms of financing scale, one German international * * financing 1.58 1 100 million, followed by Times Real Estate, wuzhou international Real Estate and Jing Rui Real Estate, with financing1.500 million, 1.300 million and1.3/kloc-0 respectively.

According to Dennis Huang, President of Fusheng Capital International Company, in addition to the escalating factors of mainland real estate regulation and control, investors in the Hong Kong stock market have always attached importance to the mode of light assets and heavy operation, and high internal return on investment, which is precisely the weakness of mainland real estate enterprises and the main reason why mainland real estate enterprises are not optimistic about listing in Hong Kong in recent years.

Another investment banker bluntly said that the real estate enterprises listed this year are all regional small and medium-sized real estate enterprises, with a single overall financing channel and insufficient financial strength. Compared with the source of funds related to the life and death of enterprises, it is no longer so important whether a company gets an ideal valuation when it goes public.

This reflects the lack of confidence of listed real estate enterprises in the Mainland in Hong Kong, and the mainland policy has blocked the financing channels of real estate enterprises, so that these enterprises can only choose to bow their heads and sell cheaply.

According to public information, in 20 14, there were still a number of real estate enterprises queuing up for IPO in Hong Kong, including more than ten real estate enterprises such as Guo Rui Real Estate, Ligao Real Estate, Chongqing Xiexin and Jinshan Real Estate.