10月新股上市及基金收益月度跟踪-20251102

Group 1 - The total IPO financing scale in the A-share market for October 2025 was 5.707 billion, a decrease of 72% month-on-month. The main board accounted for 3.248 billion, while the North Exchange accounted for 0.858 billion [4][11]. - A total of 10 new stocks were issued in October, which is lower than the previous month. The breakdown includes 3 from the main board, 4 from the North Exchange, 2 from the Sci-Tech Innovation Board, and 1 from the Growth Enterprise Market [5][11]. - As of the end of October, there were 32 IPO projects approved but not yet issued across various A-share sectors, with a total proposed fundraising scale of 39.96 billion. The main board accounted for 33% of the proposed fundraising [11][12]. Group 2 - The average offline subscription limit for new stocks in the past three months was mostly in the range of 500 million to 1 billion. The main board's offline subscription limits were primarily in the 500 million to 1 billion range, while the Growth Enterprise Market's limits were mostly in the 100 million to 200 million range [12][14]. - In October, the number of offline inquiry objects for the main board, Growth Enterprise Market, and Sci-Tech Innovation Board reached 1,675, 0, and 203 respectively, with a 37% decrease for the main board [16][18]. - The average winning rate for new stocks in October for A/B class accounts on the main board was 0.0112% and 0.0106%, reflecting a month-on-month decrease of 12% and 14% respectively [18][20]. Group 3 - The contribution of new stocks to funds was measured, with funds in the 200-300 million scale contributing +0.166% and those in the 300-500 million scale contributing +0.147%. The annualized return was 1.629% [22]. - In October 2025, a total of 3,346 funds participated in new stock subscriptions, with a total scale of 7.55 trillion. The most numerous were equity mixed funds, with 1,280 funds participating [24][26]. - The participation rate of various types of funds in new stock subscriptions was highlighted, with equity mixed funds leading the participation [29].