The stocks that will be transferred to the Beijing Stock Exchange have not been disclosed yet. Please pay more attention to official news.

1. Beijing Stock Exchange Concept Stocks

1. Public Utilities 600635: Holds 11% of the shares of Shenzhen Venture Capital, a leading venture capital company, and has benefited greatly from the establishment of the Beijing Stock Exchange in the past three years. Looking at annual RoE, the compound growth rate of ROE in the past three years has been -1.49%. The lowest ROE in the past three years in 2020 was 6.23%, and the highest ROE in 2019 was 6.78%.

2. Zhizhen Technology 003007: The company is not involved in the business of serving the Beijing Stock Exchange. From the perspective of ROE in the past three years, the compound growth rate of ROE in the past three years was -22.15%, and the lowest ROE in the past three years in 2020 was 11.51%, and the highest ROE in 2019 was 20.77%.

3. Beixin Road Bridge 002307: The company has not yet participated in the listing of companies on the Beijing Stock Exchange. From the perspective of ROE in the past three years, the compound growth rate of ROE in the past three years has been -0.35%. The lowest ROE in the past three years in 2020 was 2.81%, and the highest ROE in 2019 was 3.89%.

2. Subscribing to Haixi Communications is probably still the best choice

After the establishment of the Beijing Stock Exchange, how much money will the first batch of selected new stocks attract? There is no exact data at present, only the self-statistics of individual brokers. According to media reports, on October 8, CICC Wealth Management, one of the leading securities firms, made a new investment of 1.94 billion yuan in the customer selection layer, bringing the total number of customers to 14,700. Among them, 2,684 customers of CICC Wealth Management applied for Guangzhou Consulting International, with a total capital of 185 million yuan; 2,978 customers of Hexi Communications subscribed, with a total capital of 695 million yuan; in Henghe, 2,942 customers subscribed for stocks, with a total capital of 232 million yuan Yuan; Guangmai has 3,177 technology subscription customers with a total capital of 283 million yuan. Jinhao currently has 2,926 medical customers with a total capital of 544 million yuan.

Since the North Exchange announced its establishment, the level of stock selection has generally increased, and valuations have been driven by stars. The currently selected layer PE (TTM) average is 42.27 times and the median is 28.90 times. Even the valuation of the innovation layer has increased to 28 times. However, the average price-to-earnings ratio of the eight newly issued stocks is only 18 times, showing a clear valuation difference. There are some differences between the selected layer and the Shanghai and Shenzhen layers. First, funds need to be used for purchases, and market value placement is not implemented. Second, according to the principle of time priority, if you buy in advance, 100 shares will be placed into broken shares. Third, implement a distribution system, without drawing lots, and allocate funds according to the proportion of funds.