The initial underwriting and sponsorship process has changed, and the ranking of the number of projects accepted by investment banks in the first half of the year has fundamentally changed. According to the Securities Times reporter's statistics, a total of 177 IPOs were accepted from 38 brokerage firms in the first half of the year. Among them, China Taihaitong Securities reached the top with a total of 26 orders, replacing CITIC Securities, which has been leading the way for many years. Since the merger of Cathay Pacific Junan and Haitong Securities, the number of sponsor representatives of the new company has risen to the top in the industry, and the competitiveness of investment banks has also received market attention. According to the data, the market share of the top 12 brokerage firms with accepted projects reached 73% in the first half of the year. Corresponding to this, only 47 projects were accepted by the last 16 companies, accounting for 27%.

The initial underwriting and sponsorship process has changed, and the ranking of the number of projects accepted by investment banks in the first half of the year has fundamentally changed. According to the Securities Times reporter's statistics, a total of 177 IPOs were accepted from 38 brokerage firms in the first half of the year. Among them, China Taihaitong Securities reached the top with a total of 26 orders, replacing CITIC Securities, which has been leading the way for many years. Since the merger of Cathay Pacific Junan and Haitong Securities, the number of sponsor representatives of the new company has risen to the top in the industry, and the competitiveness of investment banks has also received market attention. According to the data, the market share of the top 12 brokerage firms with accepted projects reached 73% in the first half of the year. Corresponding to this, only 47 projects were accepted by the last 16 companies, accounting for 27%.