Group 1 - The core point of the article highlights the successful IPO of Moer Thread, China's leading GPU company, which saw its stock price surge by 425.46% on its debut, reflecting the effectiveness of the STAR Market's reform policies [1] - Moer Thread completed its IPO process in just 122 days, setting a record for the STAR Market, with the approval process taking only 88 days [1] - A total of 185 public funds were allocated shares, with the top fund, Dongfanghong Allocation Select A, receiving 15,500 shares, leading to significant profits for investors on the first trading day [1] Group 2 - The trend of public funds participating in IPOs has increased this year, with a shift from a "collective profit" approach to a more professional strategy due to changing market conditions [4] - The contribution of IPOs to the returns of public funds is expected to decline from over 10% in 2019-2021 to around 4.5% by 2025, indicating a need for funds to adapt their strategies [4] - The new regulatory environment has heightened the requirements for public funds' pricing capabilities, with penalties for significant deviations in stock performance post-IPO [5] Group 3 - A total of 1,976 public funds were allocated shares in Moer Thread, amounting to 794.81 million shares, with E Fund leading by receiving 1.1961 million shares [5][6] - The top ten fund companies in terms of share allocation are primarily large institutions, indicating a consolidation in the market for IPO allocations [5][7] - Despite the reduced prominence of IPOs as a primary source of returns, they remain an important tool for enhancing overall fund performance [7]
摩尔线程上市大涨，这些“打新”基金又赚到了！