次新市场周报（2024年11月第1周）：次新板块领涨市场，新股首日维持高涨幅

Investment Rating - The report indicates a positive outlook for the new stock sector, with significant weekly gains in indices, suggesting a favorable investment environment [2][3]. Core Insights - In the first week of November, the new stock sector rebounded significantly, with the new stock index rising by 13.04% and the near-term new stock index increasing by 11.31%, leading the market [3][6]. - The trading activity in the new stock market has increased, with a notable rise in turnover rates and trading volumes, while the scale of new stock unlocks remains low [16][18]. - The average first-day gain for newly listed stocks was 341.07%, indicating strong market interest and performance [30][34]. Summary by Sections New Stock Market Performance - The new stock index saw a weekly increase of 13.04%, with 79 out of 84 constituent stocks rising, and several stocks in the computer and semiconductor sectors experiencing gains over 30% [3][6]. - The new stock index's deviation from the Shanghai Composite Index decreased to 121.39%, indicating improved performance relative to the broader market [9][34]. Trading Activity - The turnover rate for the new stock index increased by 1.7330 percentage points compared to the previous week, with trading volumes rising by 0.6033 billion shares [16][18]. - The net active selling in the new stock sector decreased to 1.638 billion yuan, reflecting reduced selling pressure from institutional and retail investors [20][21]. New Stock Unlocks - In the first week of November, six new stocks were unlocked, with a total market value of 3.518 billion yuan, maintaining a low unlock scale [25][27]. - The expected unlock value for the second week of November is 3.036 billion yuan, indicating a stable unlock environment [25][29]. First-Day Gains and Investor Returns - The first-day average gain for newly listed stocks was 341.07%, with significant contributions to investor returns from the newly listed stock "Jian Er Kang" [30][32]. - The report highlights that despite high first-day gains, the actual returns for A/B class investors were relatively modest due to low allocation rates in the primary market [32][34].