{"id":31329,"date":"2023-12-07T10:32:37","date_gmt":"2023-12-07T10:32:37","guid":{"rendered":"https:\/\/masterskills.org\/blog\/ipo-nong-hot-ipo-la-gi-anh-huong-cua-ipo-nong.html"},"modified":"2023-12-23T08:01:21","modified_gmt":"2023-12-23T01:01:21","slug":"ipo-nong-hot-ipo-la-gi-anh-huong-cua-ipo-nong","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/ipo-nong-hot-ipo-la-gi-anh-huong-cua-ipo-nong.html","title":{"rendered":"IPO ‘n\u00f3ng’ (Hot IPO) l\u00e0 g\u00ec? \u1ea2nh h\u01b0\u1edfng c\u1ee7a IPO ‘n\u00f3ng’"},"content":{"rendered":"
\n
\n
<\/div>\n
\n

Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Libn.com<\/i><\/p>\n<\/div>\n<\/div>\n

IPO “n\u00f3ng”<\/font><\/h2>\n

Kha\u0301i ni\u00ea\u0323m<\/b><\/p>\n

IPO “n\u00f3ng”<\/b> trong ti\u00ea\u0301ng Anh la\u0300 Hot IPO<\/b>.<\/p>\n

IPO “n\u00f3ng” l\u00e0 thu\u1eadt ng\u1eef ch\u1ec9 \u0111\u1ee3t ph\u00e1t h\u00e0nh c\u1ed5 ph\u1ea7n c\u00f4ng khai l\u1ea7n \u0111\u1ea7u c\u1ee7a m\u1ed9t c\u00f4ng ty c\u00f3 s\u1ee9c h\u1ea5p d\u1eabn v\u1edbi nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 d\u1eabn \u0111\u1ebfn l\u01b0\u1ee3ng c\u1ea7u cho c\u1ed5 phi\u1ec3u c\u00f4ng ty n\u00e0y t\u0103ng m\u1ea1nh.<\/p>\n

C\u00f3 nhi\u1ec1u c\u00e1ch \u0111\u1ec3 ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu c\u00f4ng khai ngo\u00e0i IPO<\/b>, bao g\u1ed3m ni\u00eam y\u1ebft tr\u1ef1c ti\u1ebfp ho\u1eb7c ph\u00e1t h\u00e0nh c\u00f4ng khai tr\u1ef1c ti\u1ebfp. Khi m\u1ed9t c\u00f4ng ty mu\u1ed1n m\u1edf m\u1ed9t \u0111\u1ee3t IPO, c\u00e1c nh\u00e0 bao ti\u00eau b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh \u0111\u01b0\u1ee3c ch\u1ecdn s\u1ebd l\u00e0 ng\u01b0\u1eddi t\u1ed5 ch\u1ee9c v\u00e0 th\u1ef1c hi\u1ec7n c\u00e1c s\u1ef1 ki\u1ec7n li\u00ean quan \u0111\u1ebfn IPO.<\/p>\n

Ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu c\u00f4ng khai l\u1ea7n \u0111\u1ea7u\u00a0(IPO) mang \u0111\u1ebfn cho c\u00f4ng ty t\u01b0 nh\u00e2n c\u01a1 h\u1ed9i ki\u1ebfm ti\u1ec1n d\u1ef1a tr\u00ean l\u01b0\u1ee3ng c\u1ea7u c\u1ee7a th\u1ecb tr\u01b0\u1eddng \u0111\u1ed1i v\u1edbi c\u1ed5 phi\u1ebfu c\u1ee7a h\u1ecd.<\/p>\n

M\u1ed9t c\u00f4ng ty l\u1ef1a ch\u1ecdn ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu th\u00f4ng qua IPO c\u00f3 th\u1ec3 thu \u0111\u01b0\u1ee3c m\u1ed9t s\u1ed1 ti\u1ec1n l\u1edbn trong m\u1ed9t kho\u1ea3ng th\u1eddi gian ng\u1eafn, \u0111\u1eb7c bi\u1ec7t n\u1ebfu vi\u1ec7c ph\u00e1t h\u00e0nh thu h\u00fat s\u1ef1 ch\u00fa \u00fd c\u1ee7a c\u00f4ng ch\u00fang hay c\u00f4ng ty \u0111\u00f3 tr\u1edf th\u00e0nh m\u1ed9t IPO “n\u00f3ng”.<\/b>\u00a0<\/p>\n

Khi c\u00e1c c\u00f4ng ty quy\u1ebft \u0111\u1ecbnh th\u1ef1c hi\u1ec7n IPO, h\u1ecd th\u01b0\u1eddng ch\u1ecdn m\u1ed9t ho\u1eb7c nhi\u1ec1u ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 \u0111\u1ec3 b\u1ea3o l\u00e3nh vi\u1ec7c ph\u00e1t h\u00e0nh c\u0169ng nh\u01b0 th\u1ef1c hi\u1ec7n v\u00e0 s\u1eafp x\u1ebfp b\u00e1n c\u1ed5 phi\u1ebfu tr\u00ean c\u00e1c s\u00e0n giao d\u1ecbch ch\u1ee9ng kho\u00e1n \u0111\u1ea1i ch\u00fang.\u00a0<\/p>\n

C\u00e1c nh\u00e0 b\u1ea3o l\u00e3nh gi\u00fap c\u00f4ng ty \u0111\u1eb7t gi\u00e1 tr\u00ean m\u1ed7i c\u1ed5 phi\u1ebfu v\u00e0 ti\u1ebfp th\u1ecb IPO. C\u00e1c ng\u00e2n h\u00e0ng b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh s\u1ebd x\u00e1c \u0111\u1ecbnh s\u1ed1 l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu c\u1ee5 th\u1ec3 h\u1ecd s\u1ebd cung c\u1ea5p cho ng\u01b0\u1eddi mua v\u00e0 kho\u1ea3n ph\u00ed b\u00e1n h\u00e0ng h\u1ecd s\u1ebd thu.\u00a0<\/p>\n

L\u1ef1c l\u01b0\u1ee3ng ng\u01b0\u1eddi mua n\u00e0y c\u00f3 th\u1ec3 l\u00e0 kh\u00e1ch h\u00e0ng t\u1ed5 ch\u1ee9c ho\u1eb7c kh\u00e1ch h\u00e0ng c\u00e1 nh\u00e2n. Ph\u1ea7n h\u1ecd nh\u1eadn \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 ph\u1ea7n ph\u00ed b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh<\/b>. \u00a0\u00a0<\/p>\n

IPO “n\u00f3ng” \u0111\u0103ng k\u00ed v\u01b0\u1ee3t m\u1ee9c<\/font><\/h3>\n

IPO “n\u00f3ng”<\/b> h\u1ea5p d\u1eabn c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 cho r\u1eb1ng nhu c\u1ea7u v\u1ec1 c\u1ed5 phi\u1ebfu s\u1ebd v\u01b0\u1ee3t xa s\u1ed1 l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu \u0111\u01b0\u1ee3c ch\u00e0o b\u00e1n.\u00a0<\/p>\n

IPO c\u00f3 l\u01b0\u1ee3ng c\u1ea7u v\u01b0\u1ee3t qu\u00e1 l\u01b0\u1ee3ng cung \u0111\u01b0\u1ee3c xem l\u00e0 \u0111\u0103ng k\u00ed v\u01b0\u1ee3t m\u1ee9c, khi\u1ebfn ch\u00fang tr\u1edf th\u00e0nh m\u1ee5c ti\u00eau cho c\u00e1c nh\u00e0 \u0111\u1ea7u c\u01a1 ng\u1eafn h\u1ea1n c\u0169ng nh\u01b0 nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u00ecn th\u1ea5y c\u01a1 h\u1ed9i d\u00e0i h\u1ea1n khi n\u1eafm gi\u1eef c\u1ed5 phi\u1ebfu.\u00a0Nhu c\u1ea7u c\u1ed5 phi\u1ebfu t\u0103ng d\u1eabn \u0111\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu t\u0103ng m\u1ea1nh ngay sau khi b\u1eaft \u0111\u1ea7u giao d\u1ecbch, tuy nhi\u00ean s\u1ef1 t\u0103ng gi\u00e1 \u0111\u1ed9t ng\u1ed9t n\u00e0y th\u01b0\u1eddng kh\u00f4ng b\u1ec1n v\u1eefng.<\/p>\n

M\u1ed9t IPO “n\u00f3ng” c\u00f3 kh\u1ea3 n\u0103ng cao s\u1ebd b\u1ecb \u0111\u0103ng k\u00ed v\u01b0\u1ee3t m\u1ee9c, c\u00e1c c\u00f4ng ty th\u01b0\u1eddng s\u1ebd cho ph\u00e9p c\u00e1c nh\u00e0 b\u1ea3o l\u00e3nh c\u1ee7a h\u1ecd t\u0103ng qui m\u00f4 c\u1ee7a \u0111\u1ee3t ch\u00e0o b\u00e1n \u0111\u1ec3 th\u1ecfa m\u00e3n nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 h\u01a1n v\u00e0 thu \u0111\u01b0\u1ee3c nhi\u1ec1u ti\u1ec1n h\u01a1n.\u00a0<\/p>\n

C\u00e1c nh\u00e0 b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh c\u1ea7n c\u00e2n b\u1eb1ng qui m\u00f4 c\u1ee7a IPO v\u1edbi m\u1ee9c gi\u00e1 ph\u00f9 h\u1ee3p cho m\u1ee9c ti\u1ec1n l\u00e3i tr\u00ean c\u1ed5 phi\u1ebfu. N\u1ebfu th\u1ef1c hi\u1ec7n \u0111\u00fang, vi\u1ec7c c\u00e2n b\u1eb1ng n\u00e0y s\u1ebd t\u1ed1i \u0111a h\u00f3a l\u1ee3i nhu\u1eadn cho c\u00f4ng ty v\u00e0 c\u00e1c ng\u00e2n h\u00e0ng b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh. \u00a0\u00a0<\/p>\n

N\u1ebfu IPO “n\u00f3ng” <\/b>\u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 th\u1ea5p (underpriced), th\u01b0\u1eddng gi\u00e1 s\u1ebd t\u0103ng nhanh sau khi c\u1ed5 phi\u1ebfu \u0111\u01b0\u1ee3c tung ra th\u1ecb tr\u01b0\u1eddng sau \u0111\u00f3 t\u1ef1 \u0111i\u1ec1u ch\u1ec9nh v\u1edbi l\u01b0\u1ee3ng c\u1ea7u c\u1ed5 phi\u1ebfu c\u1ee7a th\u1ecb tr\u01b0\u1eddng.\u00a0<\/p>\n

Ng\u01b0\u1ee3c l\u1ea1i, vi\u1ec7c \u0111\u1ecbnh gi\u00e1 qu\u00e1 cao IPO (overpriced) c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn vi\u1ec7c gi\u00e1 gi\u1ea3m nhanh ch\u00f3ng sau khi ph\u00e1t h\u00e0nh. \u0110\u1ed1i v\u1edbi c\u00e1c ng\u00e2n h\u00e0ng b\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu, gi\u00e1 cao h\u01a1n mang l\u1ea1i nhi\u1ec1u l\u1ee3i \u00edch h\u01a1n do h\u1ecd\u00a0ch\u1ec9 ki\u1ebfm ti\u1ec1n t\u1eeb bu\u1ed5i ph\u00e1t h\u00e0nh \u0111\u1ea7u ti\u00ean. \u00a0\u00a0<\/p>\n

\u1ea2nh h\u01b0\u1edfng c\u1ee7a IPO “n\u00f3ng”<\/font><\/h3>\n

C\u00e1c c\u1ed5 \u0111\u00f4ng ban \u0111\u1ea7u s\u1ebd ch\u1ecbu \u1ea3nh h\u01b0\u1edfng l\u1edbn nh\u1ea5t b\u1edfi nh\u1eefng thay \u0111\u1ed5i \u0111\u1ed9t ng\u1ed9t v\u1ec1 gi\u00e1 sau khi m\u1edf c\u1eeda giao d\u1ecbch c\u00f4ng khai.\u00a0<\/p>\n

Tuy nhi\u00ean, c\u00e1c nh\u00e0 b\u1ea3o l\u00e3nh \u0111\u00f4i khi d\u00e0nh c\u00e1c \u01b0u \u0111\u00e3i cho nh\u1eefng kh\u00e1ch h\u00e0ng gi\u00e1 tr\u1ecb cao khi ch\u00e0o b\u00e1n c\u1ed5 phi\u1ebfu trong m\u1ed9t IPO “n\u00f3ng”<\/b>, v\u00ec v\u1eady h\u1ecd ch\u1ecbu m\u1ed9t s\u1ed1 r\u1ee7i ro n\u1ebfu h\u1ecd \u0111\u1ecbnh gi\u00e1 qu\u00e1 cao c\u1ed5 phi\u1ebfu.\u00a0<\/p>\n

Nh\u00ecn chung, m\u1ed9t IPO “n\u00f3ng” kh\u00f4ng ph\u1ea3i l\u00e0 m\u1ed9t kho\u1ea3n \u0111\u1ea7u t\u01b0 \u0111\u01b0\u1ee3c \u0111\u1ea3m b\u1ea3o ch\u1eafc th\u1eafng cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0. \u0110\u00f4i khi do s\u1ef1 ph\u00f3ng \u0111\u1ea1i qu\u00e1 m\u1ee9c \u0111\u1ee3t IPO l\u00e0m cho k\u1ebft qu\u1ea3 thu l\u1ea1i c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00f4ng nh\u01b0 h\u1ecd mong \u0111\u1ee3i. \u00a0<\/p>\n

V\u00ed d\u1ee5 th\u1ef1c t\u1ebf IPO “n\u00f3ng” – Facebook\u00a0<\/font><\/h3>\n

Khi g\u00e3 kh\u1ed5ng l\u1ed3 m\u1ea1ng x\u00e3 h\u1ed9i Facebook tuy\u00ean b\u1ed1 k\u1ebf ho\u1ea1ch ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu c\u00f4ng khai \u0111\u1ea7u n\u0103m 2012, c\u00e1c nh\u00e0 ph\u00e2n t\u00edch \u0111\u00e3 d\u1ef1 \u0111o\u00e1n r\u1eb1ng Facebook \u0111ang t\u00ecm c\u00e1ch t\u0103ng kho\u1ea3ng 10.6 t\u1ec9 $ b\u1eb1ng c\u00e1ch b\u00e1n h\u01a1n 337 tri\u1ec7u c\u1ed5 phi\u1ebfu \u1edf m\u1ee9c gi\u00e1 t\u1eeb 28 \u0111\u1ebfn 35 $<\/span> tr\u00ean m\u1ed7i c\u1ed5 phi\u1ebfu.\u00a0<\/p>\n

V\u1edbi nh\u1eefng d\u1ef1 b\u00e1o n\u00e0y, IPO c\u1ee7a Facebook \u0111\u00e3 t\u1ea1o ra s\u1ef1 quan t\u00e2m l\u1edbn t\u1eeb c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0, d\u1ef1 \u0111o\u00e1n IPO c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c \u0111\u0103ng k\u00ed v\u01b0\u1ee3t m\u1ee9c. \u00a0\u00a0<\/p>\n

Ng\u00e0y 18 th\u00e1ng 5 n\u0103m 2012, nh\u01b0 d\u1ef1 \u0111o\u00e1n trong bu\u1ed5i IPO, nhu c\u1ea7u v\u1edbi c\u1ed5 phi\u1ebfu Facebook l\u1edbn h\u01a1n so v\u1edbi l\u01b0\u1ee3ng c\u00f4ng ty \u0111ang cung c\u1ea5p.\u00a0<\/p>\n

\u0110\u1ec3 t\u1eadn d\u1ee5ng l\u1ee3i th\u1ebf c\u1ee7a IPO \u0111\u0103ng k\u00ed v\u01b0\u1ee3t m\u1ee9c v\u00e0 \u0111\u00e1p \u1ee9ng nhu c\u1ea7u c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0, Facebook \u0111\u00e3 t\u0103ng s\u1ed1 l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu l\u00ean 421 tri\u1ec7u, \u0111\u1ed3ng th\u1eddi c\u0169ng t\u0103ng ph\u1ea1m vi gi\u00e1 l\u00ean t\u1eeb 34 $<\/span> \u0111\u1ebfn 38 $<\/span> tr\u00ean m\u1ed9t c\u1ed5 phi\u1ebfu. \u00a0\u00a0<\/p>\n

\u1ede \u0111\u00e2y Facebook v\u00e0 c\u00e1c nh\u00e0 b\u1ea3o l\u00e3nh c\u1ee7a h\u1ecd \u0111\u00e3 t\u0103ng c\u1ea3 ngu\u1ed3n cung l\u1eabn gi\u00e1 c\u1ed5 phi\u1ebfu \u0111\u1ec3 \u0111\u00e1p \u1ee9ng nhu c\u1ea7u v\u00e0 gi\u1ea3m b\u1edbt t\u00ecnh tr\u1ea1ng \u0111\u0103ng k\u00ed v\u01b0\u1ee3t m\u1ee9c ch\u1ee9ng kho\u00e1n.\u00a0<\/p>\n

Tuy nhi\u00ean, th\u1ef1c t\u1ebf \u0111\u00e3 ch\u1ee9ng minh r\u1eb1ng c\u1ed5 phi\u1ebfu c\u1ee7a Facebook \u0111\u00e3 kh\u00f4ng \u0111\u01b0\u1ee3c \u0111\u0103ng k\u00ed v\u01b0\u1ee3t m\u1ee9c gi\u00e1 IPO. Gi\u00e1 c\u1ed5 phi\u1ebfu Facebook \u0111\u00e3 nhanh ch\u00f3ng gi\u1ea3m trong b\u1ed1n th\u00e1ng \u0111\u1ea7u ti\u00ean giao d\u1ecbch v\u00e0 ph\u1ea3i \u0111\u1ebfn ng\u00e0y 31 th\u00e1ng 7 n\u0103m 2013 m\u1edbi \u0111\u01b0\u1ee3c giao d\u1ecbch tr\u00ean gi\u00e1 IPO l\u1ea7n \u0111\u1ea7u ti\u00ean.<\/p>\n

(Theo Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n IPO “n\u00f3ng” (ti\u1ebfng Anh: Hot IPO) l\u00e0 thu\u1eadt ng\u1eef ch\u1ec9 \u0111\u1ee3t ch\u00e0o b\u00e1n c\u1ed5 ph\u1ea7n c\u00f4ng khai l\u1ea7n \u0111\u1ea7u c\u1ee7a m\u1ed9t c\u00f4ng ty c\u00f3 s\u1ee9c h\u1ea5p d\u1eabn v\u1edbi nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 d\u1eabn \u0111\u1ebfn l\u01b0\u1ee3ng c\u1ea7u cho c\u1ed5 phi\u1ec3u c\u00f4ng ty n\u00e0y t\u0103ng m\u1ea1nh.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31329"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=31329"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31329\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}