Group 1 - The report indicates that the proportion of strong stocks on the Beijing Stock Exchange (北交所) has dropped to a low level, specifically to 20.9%, reflecting a continuous decline in market enthusiasm since the reversal of micro盘 factors in the first half of the year [8][11][14] - The North Exchange 50 index fell by 3.11% this week, underperforming compared to other indices such as the Shanghai Composite Index and the ChiNext Index, with a trading atmosphere declining ahead of the holiday [8][17][18] - The report highlights that sectors such as semiconductors, precious metals, and consumer electronics are performing well, while the consumer and service industries are weaker [8][17] Group 2 - This week, one new stock, JinHua New Materials, was listed on the North Exchange, with a first-day increase of 133% and a turnover rate of 91.23% [30][31] - The report notes that the trading volume on the North Exchange was 4.549 billion shares, a decrease of 20.67% week-on-week, and the trading amount was 106.686 billion yuan, down 21.65% [25][27] - The report mentions that 20 stocks rose while 256 stocks fell, resulting in a rise-fall ratio of 0.08, with notable gainers including Chuangyuan Xinke and Guangxin Technology [37][40]

Group 1 - The report indicates that the North Exchange 50 index decreased by 3.11%, with trading volume dropping by 21.65% compared to the previous week, reflecting a market trend favoring large-cap growth stocks [10][20][28] - The strong stock proportion in the North Exchange fell to 20.9%, nearing the low point observed in April, indicating a decline in market enthusiasm following the reversal of micro盘 factors [10][17][20] - The report highlights that the semiconductor, precious metals, and consumer electronics sectors showed strength, while the consumer and service industries remained weak [10][20] Group 2 - The report notes that 11 new companies were listed and 11 were delisted in the New Third Board, with planned financing of 615 million yuan and completed financing of 49 million yuan [3][58][59] - The newly listed company, Jinhua New Materials, saw a first-day increase of 133% with a trading volume of 1.132 billion yuan [34][35] - The report mentions that the North Exchange's average PE (TTM) is 81.83 times, with a median of 47.08 times, indicating a valuation comparison with other indices [24][32] Group 3 - The report emphasizes the need to monitor the recent breaking phenomenon of micro盘 stocks in the North Exchange, suggesting a potential correction in market style [10][13][15] - It suggests continued attention to the upcoming Q4 index fund issuance and the inflow of funds following the opening of public offerings, as well as the recovery of institutional strength [15][20] - The report identifies specific companies to watch, including Gebijia, Wantong Hydraulic, Kaitai Co., Kangnong Agriculture, Lintai New Materials, Minshida, Tongli Co., and Suzhou Axle [15]