“打新定期跟踪”系列之二百二十九：近期发行节奏略有加快，本周3只新股询价

• The report tracks the recent IPO performance in the Sci-Tech Innovation Board (STAR Market), ChiNext, and the Main Board, assuming all stocks are fully subscribed and sold at the average market price on the first day of listing, ignoring lock-up period restrictions[1][11] - As of September 5, 2025, the IPO yield for Class A accounts with a scale of 2 billion RMB is 2.09%, while for Class B accounts of the same scale, it is 1.89%[11] - For larger accounts with a scale of 10 billion RMB, the IPO yield is 0.65% for Class A accounts and 0.59% for Class B accounts[11] - The average first-day increase for STAR Market stocks is 218.45%, while for ChiNext stocks, it is 222.39%[1][21] - The median number of valid bidding accounts for recent IPOs is approximately 3,062 for Class A accounts and 1,602 for Class B accounts in the STAR Market, 3,728 for Class A accounts and 2,098 for Class B accounts in ChiNext, and 3,972 for Class A accounts and 2,346 for Class B accounts in the Main Board[2][26]