Group 1 - The overall trading heat of the new stock sector remains warm, but structural characteristics are more pronounced [1][13] - The average increase of new stocks listed since 2024 is approximately 0.6%, with about 49.2% of new stocks showing positive returns [1][30] - Recent trading activity indicates a recovery in new stock trading heat, with a diverse range of active stocks beyond just low-priced new stocks [2][13] Group 2 - Last week, there were 2 new stocks available for online subscription, with an average issuance P/E ratio of 15.4X and a subscription success rate of 0.0229% [4][22] - The average first-day increase for newly listed stocks last week exceeded 300%, indicating a significant rise in trading sentiment [5][27] - The average first-day trading increase for new stocks in June is 171.5% for the Sci-Tech Innovation Board and 196.8% for the Main Board, showing a notable increase compared to previous months [18][26] Group 3 - Upcoming new stocks include Huazhi Jie and Xin Heng Hui, with an average issuance P/E ratio of 17.8X for those expected to be listed soon [3][35] - The report suggests a cautious approach to new stocks with fully priced first-day valuations, as they may experience significant volatility in the short term [8][35] - The report highlights specific stocks to watch, including Suzhou Tianmai, Top Cloud Agriculture, and Xingfu Electronics, among others [41][42]
新股板块热度整体保持回暖，但结构性特征更为凸显