Hante’s public subscription attracted 143,285 subscription orders on the first day, with 322.4 billion yuan in frozen funds, setting a new record for Xingcai

[Reporter Chen Yongji/Taipei Report] Taiwanese people are so rich! The emerging OTC stock Wang Hanchai (7856) is expected to be listed on the OTC market in late September, and public subscriptions will begin on the 10th. Since the market price per share is nearly 5,200 yuan, and the price difference from the underwriting price of 2,250 yuan is nearly 3,000 yuan, it is equivalent to drawing a ticket and earning 3 million yuan in cash, with a rate of return of 1.3 times, thus attracting a large number of purchase orders. According to the stock exchange's disclosure yesterday, there were 143,285 purchase orders on the first day of Hanchai's public subscription, which is equivalent to freezing market funds of nearly 322.4 billion yuan, completely crushing the old record set by Hongjin (7769).

Crushing the old record set by Hong Jin

In November last year, Wang Hongjin, an emerging stock, went through the IPO process and set an astronomical underwriting price of 1,495 yuan. Now it has been beaten by Hante's 2,250 yuan. Hongjin froze nearly 100 billion yuan on the first day of public subscription and nearly 300 billion yuan in three days. Unexpectedly, Hante's frozen capital amount in one day of public subscription completely surpassed Hongjin's results in three days.

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Since winning a lottery ticket can earn you nearly 3 million yuan, many netizens have discussed that they should draw even if they borrow money, or even sell stocks or ETFs. Anyway, if you don’t win, you can just buy it back next week. The average daily volume of Taiwanese stocks in the past two days is only about 700 billion yuan. The market believes that it is not unrelated to the freezing of a large amount of funds in Hanchai’s public subscription.

The public subscription for the Chinese test started the day before yesterday and ended next Monday for a total of three days. It attracted more than 140,000 subscription orders on the first day. It is expected to attract nearly 400,000 subscription orders in three days, which may freeze nearly 900 billion yuan in market funds. Since only 1,048 tickets were released in this Chinese test, the converted winning rate is only 0.262%. There are about 26 chances of winning out of 10,000 subscription orders.

Hante is a subsidiary of Hanmin Group and has always had the ability to create high-priced stocks. This time it focuses on semiconductor testing equipment, probe cards and other businesses, riding on the AI ​​boom. In the first half of this year, its revenue was 2.185 billion yuan, an annual increase of 114.5%, gross profit margin was 54.88%, after-tax net profit was 584 million yuan, an annual increase of 389.36%, and EPS reached 21.5 yuan.

Hante has completed the bidding process this week, with a total of 18,232 qualified bids, including CITIC Bank and Taiwan Life Insurance Co., Ltd. which recently announced that they would spend 4.1 billion yuan to participate in the auction.

The stock exchange announced the auction results yesterday. The number of bids was 4,192, and all of them were sold successfully. The stock exchange stated that the base price of this Han test auction was 1,800 yuan. After the bid opening, the lowest bid price was 4,138 yuan, the highest bid price was 4,568.1 yuan, and the weighted average price of the bids was 4,272.7 yuan.

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