1月新股上市及基金收益月度跟踪-20260202

Group 1 - The total IPO financing scale in the A-share market for January 2026 was 11.887 billion, a decrease of 4% month-on-month. The main board raised 4.279 billion, while the Sci-Tech Innovation Board raised 5.603 billion [4][5]. - A total of 13 new stocks were issued in January, representing an 8% increase month-on-month, with 3 from the main board and 4 from the Sci-Tech Innovation Board [5]. - As of the end of January, there were 59 IPO projects approved but not yet issued across all A-share sectors, with a total proposed fundraising scale of 45.36 billion. The main board accounted for 32% of the proposed fundraising [11]. Group 2 - The average offline subscription limit for new stocks in the past three months was mostly in the range of [2,3) and [5,10) billion for the main board, while the ChiNext had limits mostly in the [1,2) billion range [12]. - In January, the number of offline inquiry objects for the main board and Sci-Tech Innovation Board reached 1,181 and 534, respectively, with a month-on-month decrease of 47% for the main board [16]. - The average winning rate for new stocks in January was 0.0068% for A-class accounts and 0.0054% for B-class accounts on the main board, reflecting a month-on-month decrease of 5% and 19% respectively [18]. Group 3 - The average first-day price increase for new stocks on the main board in January was 41% (3 stocks), while the Sci-Tech Innovation Board saw an average increase of 76% (4 stocks) [23]. - The contribution of new stocks to funds was measured, with funds in the 1-2 billion range seeing a contribution of +0.123% and those in the 2-3 billion range seeing +0.082%, with an annualized return of 0.318% for 8 billion scale funds [28]. - In January 2026, a total of 3,449 funds participated in new stock subscriptions, with a total scale of 7.5 trillion. The most numerous were equity mixed funds, with 1,291 funds participating [29].