The average return on the first day of listing of the new stock on the North Exchange is close to 350%.

On September 19, Shichang Stock made its debut on the Beijing Stock Exchange, closing up 271.6% on its first day, continuing the "invincible myth" of new stocks on the Beijing Stock Exchange this year. So far, 14 new stocks have been listed on the Beijing Stock Exchange in 2025, with an average first day return rate of 349.98%, showing a significant profit-making effect. The enthusiasm of market participants has also surged: the issuance results of Jinhua New Materials were recently disclosed, with 524,900 investors participating in the subscription, with a frozen capital scale of up to 851.187 billion yuan, setting a new historical high. At the same time, the pace of new issues on the Beijing Stock Exchange has clearly accelerated recently, with 3 new companies accepted on September 18, and a group of New Third Board companies actively sprinting for Beijing Stock Exchange IPO.