The stock price of 13 trading days has soared 215 times that the stock market is still multiplied by the "demon out of the sky"

Cover Journalist Zhu Ning

On August 2nd in the Eastern Time, China Stocks continued to rise during the stock price of China Stocks, and once rose by more than 220%. As of the closing, the increase has fallen to about 126.28%to $ 1679/share, which is over 215 times higher than its first price of $ 7.8/share. At present, the company's total market value is US $ 310.7 billion.

The stock price of 13 trading days soared 215 times

At one time, the top market value list was topped

The number of Shangqi Digital Division landed on US stocks on July 15th local time, with a issuance price of US $ 7.8, raised about $ 125 million (about RMB 845 million), becoming the largest IPO of the New York Stock Exchange since 2022.

During the more than 10 trading days after listing, the stock price of Shangbuki began to rise "crazy". As of the close of the Eastern Time on August 2nd, the stock price of the number of times has soared to $ 1679/share. In just 13 trading days, the market value of the number of divisions was as high as US $ 310.7 billion.

What's more noteworthy is that on the last trading day, the highest price of $ 2555.3 in the market was calculated. Compared with the issuance price, the number of stills has risen by 327 times, and the market value once reached 472.73 billion US dollars, not only exceeding Alibaba (245.27 billion yuan in 245.27 billion Emerging Internet companies such as Tencent), Tencent (HK $ 2.8 trillion, approximately 356.7 billion US dollars), once exceeded the market value of TSMC TSMC (market value 446.29 billion US dollars), which once became the highest market value.

Public information shows that the Shangbo Digital Section is the Asian Digital Financial subsidiary of the Shangbo Group, and the English name AMTD DIGITAL Inc is split out from the financial service company that also listed on the New York Stock Exchange. Founded in 2003, Shangchang Group was involved in financial services, digital technology, art, culture and entertainment. One of the founding shareholders was Li Jiacheng's Yangtze River Industrial Group and Hutchison Whampoa.

Due to holding the equity of the Shangbo Division, the international stock price also moved. From 1.01 US dollars per share at the end of July to the US $ 7 on August 2, the market once rose to $ 12.9, the increase of nearly 13 Note.

The price -earnings ratio has exceeded 10,000 times

It is difficult to support valuation

Its prospectus shows that in fiscal year, fiscal year and 2021 (as of April 30), the revenue of Digital Division mainly comes from the charges and commissions of the digital financial service business and the "cobweb" ecosystem solution business. Essence

Among them, digital financial services mainly provide customers with insurance and digital banking business. The "most scarce digital financial license in Asia", which has repeatedly emphasized the actual implementation of the "most scarce digital financial license in Asia", is only the insurance brokerage license, which can conduct insurance brokerage business in Singapore and Hong Kong. Another large -scale business line cobweb ecosystem solution is to provide an exclusive visit to the AMTD SpiderNet ecosystem and its famous corporate members, outstanding corporate executives and partners.

According to the market -related analysis, the surge in the number of families or the chase of retail investors also means that the stock has the risk of skyrocketing and plunge. At present, the rolling price -earnings ratio of the stills of the stills exceeds 13,000 times. Wan times. In comparison, the average price -earnings ratio of the S & P 500 index is less than 20 times, US financial giant Morgan Chase P / E ratio is less than 9 times, and Morgan Stanley's price -earnings ratio is 10.7 times.

Some analysts told reporters that the price -earnings ratio has exceeded the fundamental aspect of an enterprise completely, even if the hype is completely "exaggerated", no matter how good and expectations, it seems that it cannot afford such valuations; it is essentially in nature; in essence It is said that Shangbo Digital Division is also a financial technology company. Although the relevant financial cards are scarce, the development potential is large, and the business is also a big breakthrough than traditional financial institutions. Essence

The analyst said: "Even if Damo split the monk multiplication of a similar business setting up a subsidiary company, it can't support such valuations, let alone other financial institutions."

Facing the crazy stock price fluctuations, the Ministry of Multipial Division recently issued a press release. The main content is: first, thanks to investors' love for the company; second, since the IPO, the stock price has fluctuated violently, but the company's fundamentals have been fluctuated, but the company's fundamentals are fundamental, but the company's fundamentals are fundamental, but the company's fundamentals are fundamental. No major changes have occurred; in the end, the company will pay close attention to the market to prevent any unusual trading activities or abnormalities.

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