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火爆!首日“0破发”、最高赚超7万元……
证券时报·2025-06-30 15:18

Core Viewpoint - The A-share new stock market experienced a robust performance in the first half of 2025, with all newly listed stocks rising on their debut, and the highest stock closing over 600% above its issue price [1][4]. Group 1: Market Performance - In the first half of 2025, a total of 51 new stocks were listed, with 44 of them (over 80%) closing more than 100% higher on their first day [4]. - Among these, 29 stocks had a first-day closing increase exceeding 200%, accounting for more than half of the new listings [4]. - The average increase of newly listed stocks since their issue price reached 363.90%, with 47 stocks (92.16%) having a maximum increase over 100% [8]. Group 2: Profitability for Investors - The average profit for investors holding a single share of the newly listed stocks was approximately 27,000 yuan, with several stocks yielding profits exceeding 50,000 yuan [8]. - Notably, two stocks had a maximum profit of over 70,000 yuan per share on the first day [1]. Group 3: Risks of Buying at Peak Prices - Despite the high initial returns, buying new stocks at peak prices poses significant risks, as many stocks tend to decline after initial trading [10][11]. - Among the 51 new stocks, 34 stocks (approximately two-thirds) showed losses if purchased at the first-day closing price and held until now [11]. - The losses were even greater for those who bought at the highest price on the first day, indicating a substantial risk for investors who chase high returns [11].