尽管KOSPI突破6000点 IPO市场仍遇寒流 3月上市预期升温

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尽管KOSPI指数突破6000点呈现活跃涨势,但企业公开募股(IPO)市场仍未摆脱长期低迷。据韩国交易所数据显示,今年2月韩国证券交易所和科斯达克市场均无新股上市。这与去年初形成鲜明对比——当时1月有5家企业、2月有11家企业新晋登陆股市。

分析认为,此次低迷源于去年末上市供给量的增加,以及2月传统性叠加春节假期的季节性淡季影响。同时,交易所正在制定重复上市审核指南也成为市场变量。例如,LS集团子公司Essex Solutions就曾因重复上市争议于今年1月撤回了上市申请。

但这种低迷局面似乎即将迎来转变。市场普遍预期从3月开始IPO市场将重拾活力。随着K银行将于3月5日在韩国证券交易所上市,其公开发行认购已录得134.6:1的高竞争率,印证了投资者的高度关注。加之Kanaph Therapeutics、ESTEEM等多家企业正排队等候上市,市场呈现积极转向态势。

专家预测,机构投资者强制锁定期制度的强化将改善供需环境。特别是那些度过初期成长阶段进入成熟期的企业,被认为能在2026年波动性加剧的股市中取得显著成果。这一趋势预示着IPO市场有望呈现复苏态势并迸发更大活力。

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