Since the beginning of this year, brokerage co-investment floating profits on the Star Market have approached five times. Wind data shows that as of the close on September 30, among the 19 new stocks listed on the Star Market this year, 20 sponsor co-investments injected a total of 3.134 billion yuan, with corresponding latest combined floating gains already reaching 15.119 billion yuan. None of these 20 co-investments fell below their issue price on the first day of trading, and their combined first-day floating profit was 13.852 billion yuan. Among them, Changxin Technology alone gave CICC and China Securities each a floating profit of 5.327 billion yuan on their respective 1 billion yuan co-investments, with the two deals together exceeding 10.6 billion yuan in floating profit, accounting for 70 percent of all co-investment floating gains. The floating profit of these 20 co-investments once surged to 21.012 billion yuan and has now pulled back by nearly 5.9 billion yuan, while still locked in a 24-month lock-up period. On the same day, Northeast Securities announced that it had received approval from the Jilin Regulatory Bureau of the China Securities Regulatory Commission, granting the company securities asset management business qualification, limited to engaging in asset securitization business.
Northeast Securities Co LtdNortheast Securities received CSRC approval for securities asset management business qualification (asset securitization).
Zhongjin Gold Corp Ltd
China Securities Co Ltd
China International Capital Corp Ltd
CXMT Corporation