北交所策略周报：新股申购金额超6000亿，关注下一个北证可能活跃的时点-20250727

Group 1 - The report highlights that the North Exchange 50 Index increased by 2.85%, driven by the "Yaxia" hydropower station theme, which significantly boosted trading volume. Key stocks such as Hengli Drill and Tietuo Machinery saw substantial gains of 184.1% and 64.9% respectively [12][6][21] - The report indicates that the North Exchange is experiencing an acceleration in new stock issuances, with two companies receiving registration approval this week, and a total of four companies awaiting issuance. The expected pace is one company per week [13][31] - The report notes that the A-share bull market atmosphere continues, with a potential increase in activity on the North Exchange as the Shanghai Composite Index approaches a resistance level [14][21] Group 2 - The report provides a detailed overview of the trading performance on the North Exchange, with a total trading volume of 7.137 billion shares and a trading value of 155.412 billion yuan, reflecting a week-on-week increase of 39.13% and 42.36% respectively [28][21] - The report mentions that as of July 25, 2025, there are 268 companies listed on the North Exchange, with no new listings this week [31][7] - The report highlights the performance of individual stocks, with 190 stocks rising and 76 falling, resulting in a rise-to-fall ratio of 2.50. Notable gainers include Hengli Drill and Tietuo Machinery [36][39]