Public fund institutions' private placements exceed 10 billion yuan this year, realizing overall floating gains of nearly 20%

Yangcheng Evening News Multimedia Reporter Mo Jingrong

Data from Public Offering Pile-up Network shows that as of March 18, based on the date of the private placement listing, a total of 17 public fund institutions have participated in private placements of 26 A-share companies across 12 first-level industries in Shenwan, with a total allocation amount of 11.493 billion yuan. Based on the closing prices of the day, the current floating profit from public fund placements has reached 2.184 billion yuan, with an overall floating profit ratio of 19%.

Kexiang Shares Rises Sharply to Lead

Twenty A-shares with public fund placements of at least 100 million yuan, including 15 stocks with allocations between 100 million and 499 million yuan, 3 stocks with allocations between 500 million and 999 million yuan, and 2 stocks with allocations of at least 1 billion yuan. BAIC Blue Valley is the most favored by public funds, with participating institutions including Caitong Fund, Nord Fund, and E Fund, totaling 2.752 billion yuan in allocations. Next is Magmet, with Caitong Fund, Guotou Ruiyin Fund, Nord Fund, and E Fund participating, with a combined allocation of 1.96 billion yuan. Additionally, public funds participated in placements of Zhongbei Communication, Ruantong Power, and Shangneng Electric, each with allocations of no less than 500 million yuan.

Among the 26 stocks with public fund participation, 24 are currently in a floating profit state. Of these, 6 stocks have a floating profit ratio within 10%, 8 stocks between 10% and 19.99%, 7 stocks between 20% and 49.99%, and 3 stocks exceeding 50%. The electronics sector stock Kexiang Shares currently has the highest floating profit ratio at 170.73%, with Nord Fund and Cinda AOYA Fund participating, receiving allocations of 57.4957 million yuan and 17.22 million yuan respectively. Next is the building materials stock Honghe Technology, with Caitong Fund and Nord Fund participating, receiving 153.734 million yuan and 123.719 million yuan respectively, with a current floating profit ratio of 73.21%. Additionally, public funds have participated in placements of Olaid, Changhua Chemical, Zhongbei Communication, Lair Technology, and Beite Technology, with current floating profit ratios all exceeding 30%.

Automotive Industry Most Favored

Since the beginning of the year, public fund placements have covered 12 first-level industries in Shenwan. In 11 industries, public fund allocations of at least 100 million yuan, with 5 industries between 100 million and 499 million yuan, 3 industries between 500 million and 999 million yuan, and 3 industries with allocations of no less than 1 billion yuan.

Currently, the automotive industry is the most favored by public fund placements, with institutions participating in four stocks: Beite Technology, Fengshen Co., BAIC Blue Valley, and JAC Motors, totaling 3.489 billion yuan, with BAIC Blue Valley alone receiving 2.752 billion yuan. Next is the power equipment industry, with Magmet and Shangneng Electric participating, totaling 2.536 billion yuan, with Magmet’s placement amounting to 1.96 billion yuan. The basic chemicals sector has seen public fund participation in six stocks including Suyuan Jing Shen, Fulaixin Cai, and Pan Asia Micro Transmission, with a total of 1.475 billion yuan allocated.

Among the 12 first-level industries with public fund participation, 11 are currently in a floating profit state. Two industries have a floating profit ratio within 10%, six industries between 10% and 29.99%, and three industries exceeding 40%. Public funds participating in four electronic stocks have received a total of 495 million yuan, with a current floating profit ratio of 56.84%. Next, public funds involved in two building materials stocks, with a total of 606 million yuan allocated and a floating profit ratio of 48.74%. Additionally, public funds participated in one Zhongbei Communication stock in the communications sector, with 802 million yuan allocated and a floating profit ratio of 46.52%. Furthermore, public funds have participated in placements in the power equipment and building decoration sectors, with current floating profit ratios all exceeding 20%.

Among the 17 public fund institutions involved in A-share placements this year, 7 have received allocations of no less than 100 million yuan, including 3 with allocations between 100 million and 300 million yuan, and 3 with allocations exceeding 3 billion yuan. E Fund participated in four stocks—Lingyun Guang, Fengshen Co., Magmet, and BAIC Blue Valley—receiving a total of 3.974 billion yuan. Caitong Fund participated in 25 stocks, with a total of 3.277 billion yuan. Nord Fund participated in 24 stocks, with a total of 3.261 billion yuan.

Public funds have gained substantial profits from placements this year, with all 17 participating public fund institutions showing floating profits. Among them, 3 funds have a floating profit ratio within 10%, 10 funds between 10% and 29.99%, and 4 funds exceeding 30%. Cinda AOYA Fund participated in Kexiang Shares, with a placement amount of 17 million yuan and a floating profit ratio of 170.73%. Huafu Fund, China Europe Fund, and Fuguo Fund all participated in Beite Technology, with allocations of 9 million yuan, 100 million yuan, and 17 million yuan respectively, each with a floating profit ratio of 30.09%. Yifangda Fund, Caitong Fund, and Nord Fund, each with placements exceeding 3 billion yuan, currently have floating profit ratios of 13.16%, 21.11%, and 23.83%.