Group 1 - The core point of the article highlights the significant initial surge in the stock price of Shichang Co., which opened at 48.22 yuan, a 342.4% increase from the issue price of 10.90 yuan, before closing at 40.50 yuan, reflecting a 271.56% gain on its first trading day [1] - The stock's total market capitalization reached 2.348 billion yuan, indicating strong initial interest from investors despite subsequent price fluctuations [1] - The cash subscription system of the Beijing Stock Exchange requires substantial capital, with a minimum of 2 to 3 million yuan needed to secure a chance at 100 shares, making it challenging for retail investors to participate [1][3] Group 2 - Despite the high entry cost, there is a persistent enthusiasm for new stocks on the Beijing Stock Exchange, driven by large institutional investors rather than retail participants, who are often excluded from the lucrative opportunities [3] - The market has seen a continuous inflow of capital, with trading volumes exceeding 2 trillion yuan for 28 consecutive trading days, indicating a robust and active market environment [5] - The consistent high trading volume is viewed as a strong signal of market vitality, suggesting that as long as capital continues to flow, the market's upward momentum is likely to persist [5]