88 Newly Listed Stocks Double on Debut This Year, with One Surging 785.62%

Deep News11-09

As of November 7, a total of 92 new stocks have been listed on the A-share market this year, accounting for 92% of last year's total (100 listings). Among them, 81 stocks doubled in price on their debut, representing nearly 88% of the total listings—higher than last year's ratio (71%).

Leading the pack was Sanxie Electric (920100.BJ) from the Beijing Stock Exchange, which soared 785.62% on its first trading day, marking the highest debut gain this year. Other notable performers included Jiangxi Jiangnan New Material Technology Co., Ltd. (603124.SH), Guangxin Technology (920037.BJ), Dana Biotech (920009.BJ), Dingjia Precision (920005.BJ), and Shanghai C&D Innostic Medical Technology Group Co., Ltd. (301584.SZ).

However, not all new listings enjoyed strong debuts. Zhongce Rubber Group Co., Ltd. (603049.SH) was the only stock with a first-day gain below 10%.

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