上市6天下跌5天，从120跌到45，进场的股民全部被套，无一幸免

Core Viewpoint - The recent performance of Hanhigh Group's stock highlights the volatility and risks associated with newly listed stocks, with a significant decline observed shortly after its initial surge [1][4][8] Company Overview - Hanhigh Group operates in the mechanical equipment and metal products industry, focusing on the research, design, production, and sales of home hardware and outdoor furniture [1] - The company was listed on the Shenzhen Stock Exchange on July 30, with an initial offering price of 15.43 yuan and a total issuance of 40.01 million shares, raising a net amount of 510.6 million yuan [1] Stock Performance - The stock opened at 47.01 yuan, representing a 305% increase from the issuance price, and peaked at 120 yuan, marking a 678% rise during its first trading day [1] - However, the stock experienced a rapid decline, closing at 45.83 yuan on the sixth day, reflecting a total drop of 62% from its peak [4][8] Market Trends - The trend of new stocks experiencing initial surges followed by steep declines has become common, with investors often facing significant losses shortly after listing [8] - The current market environment has led to a scarcity of new stocks and low winning rates in initial public offerings, contributing to speculative trading behavior [1]