The largest IPO of Hong Kong stocks is here: Tianqi Lithium Industry raised 13.5 billion Hong Kong dollars on the first day of breaking the listing

Cover Journalist Xiong Yingying

On July 13, Tianqi Lithium (9696.HK) landed on the Hong Kong Stock Exchange. The starting price was 82 Hong Kong dollars per share. The opening of the market broke in the morning, and the market once fell more than 11 %. As of press time, it was reported at HK $ 78.95/share, a decrease of 3.72%.

Tianqi Lithium is the third lithium company listed on the "A+H" shares after Ganfeng Lithium and Zijin Mining. The announcement shows that the company's global offering of funds is expected to be approximately HK $ 13.458 billion, which is expected to become the largest IPO of the Hong Kong Stock Exchange this year.

According to the prospectus, the company's fundraising will be used to repay SQM debt to US $ 1.13 billion in balances, allocating funds for the first phase of the establishment of the residence factory, repaying several domestic bank loans and use of operating funds and the use of general companies. Among them The proportion of repayment of SQM debts exceeded 60 %.

Last weekend, Xu Xiang's ex -wife Ying Ying released a weekly market review on his personal WeChat signal, which mentioned that "Tianqi Lithium Industry Davis has reached its peak, and the price has been overestimated." In just one evaluation, on July 11, Tianqi Lithium once touched the daily limit, and finally closed at 134.45 yuan/share, down 9.16%. Not only that, the concept sector of the A -share Salt Lake lithium -lifting concept was also adjusted sharply on the same day. Shengxin Lithium Falling 8.91%, Ganfeng Lithium Industry, Tibet Urban Investment, and Kodak Manufacturing fell more than 6%.

In response to this, Tianqi Lithium industry responded, "According to Ying Ying's public response last night, she did not have stock accounts and did not buy or sell stocks. I understood that she did not hold Tianqi Lithium stocks. Look at market comments and pay attention to investment risks. The company's current operation is normal. "

Ying Ying also responded to the media that the valuation of Tianqi Lithium was too high in terms of technical and fundamental analysis, but it was just a risk to fans. According to market rumors, it is a guess written by Xu Xiang. She also repeatedly emphasized that her comments on the market have nothing to do with Xu Xiang, which is purely personal point of view.

In terms of A shares, Tianqi Lithium fell today. As of the closing of the morning, it was reported to 125.58 yuan/share, down 1.74%, and the total market value was 206.1 billion yuan.

Before Yingying's stock evaluation incident, Tianqi Lithium has risen for more than two consecutive months. From the lowest price of 58.7 yuan in April 27 to the market, a record high of 148.57 yuan on July 6, during which the accumulated increased by more than 142% Essence

Although the stock price of Tianqi Lithium has fallen for three consecutive days this week, there are brokerage institutions, and with the gradual release of financial risks and the orderly release of production capacity, the performance is expected to enjoy the dividends brought by the rapid development of the industry.

As for the entire new energy sector market outlook?

Huaxi Securities believes that with the support of national and local policies, electric models with high oil prices and more performance advantages have been launched one after another. The cost -effective advantage of electric vehicles has continued to appear. Domestic electric vehicles are expected to accelerate and penetrate, and high -growth attributes are unchanged in medium and long -term high growth. At the same time, it is continuously optimistic about the recovery of domestic new energy vehicles to restore the high prosperity. The price of the raw material price of the battery side is downstream transmission+the cost of material costs in the second half of the year is expected to usher in quantitative benefits.

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