新股专题：新股次新交投意愿略有回暖，但分歧分化或还是呈现加剧迹象

Investment Rating - The report indicates a cautious but slightly optimistic view on new stocks, suggesting a potential for better investment opportunities in the near term [1][17]. Core Insights - Recent trading activity in new stocks has shown signs of improvement, with an average weekly increase of approximately 2.8% and a positive return rate of about 77.7% for newly listed stocks [1][17]. - The report highlights a structural divergence in the new stock market, with a need for careful observation and flexibility in investment strategies as the market sentiment evolves [1][17]. - Upcoming new stocks to be listed include companies like Yingst, Jiachitech, and Kelon New Materials, which are expected to attract investor interest [1][17]. Summary by Sections New Stock Insights - The new stock market has experienced a slight recovery in trading willingness, although significant divergence remains evident [1][17]. - The average issuance price-to-earnings ratio for newly listed stocks in November was 17.1X, with a notable increase in the number of stocks showing positive performance [1][17]. Recent New Stock Performance - Last week, three new stocks were listed, with an average first-day increase of 1135.3% and a first-week increase of 545.8% [1][28]. - The report notes that the first-day trading enthusiasm for new stocks has surged, with some stocks experiencing extreme price increases [1][30]. Upcoming New Stock Subscriptions - Four new stocks are set to be listed this week, with an average issuance price-to-earnings ratio of approximately 19.4X [1][38]. - The report encourages investors to remain vigilant regarding potential volatility in the short-term trading of newly listed stocks [1][38].