新股二级交投表现平淡，但首日交投情绪或有加速赶底迹象

Group 1 - The report indicates that the secondary trading performance of new stocks has been flat, but there are signs that the first-day trading sentiment may be accelerating towards a bottom [1][12][22] - The average increase of new stocks listed in 2024 is approximately 0.6%, with about 62.2% of new stocks showing positive returns [12][28] - The report suggests that the cautious trading atmosphere in the secondary market is likely to continue for a short period, while the first-day trading sentiment has significantly cooled down, reaching a low point not seen since September 2024 [2][12][19] Group 2 - The report highlights that there were no new stocks available for online subscription last week, and the average first-day increase of newly listed stocks was below 100%, indicating a decline in enthusiasm for new stock trading [4][25][26] - The average issuance price-earnings ratio for new stocks in April has decreased, with the average for the ChiNext board at 14.4X, down from 21.1X in March [13][15] - The report emphasizes the importance of monitoring specific sectors that may benefit from policy expectations or changes in the external environment, particularly in industries like robotics and AI [2][12][41] Group 3 - The report notes that there are no new stocks scheduled for listing this week, but two new stocks will open for subscription, and three will begin the inquiry process [3][36][37] - The report recommends focusing on near-term new stocks that are scarce and have stable performance expectations, especially those that may benefit from policy catalysts [2][41][42] - The report identifies specific stocks to watch, including Suzhou Tianmai, Top Cloud Agriculture, and others, suggesting that investors remain flexible and observant for potential opportunities [8][41][42]