New stock subscriptions on the North Exchange are heating up, with online frozen funds possibly reaching a new historical high on the North Exchange.

Recently, the market on the Beijing Stock Exchange has been hot, with the effect of new stocks attracting attention and investors eager for the lucrative returns. Data shows that there have been 7 new stocks listed on the Beijing Stock Exchange so far this year, with an average first-day increase of over 350%. Driven by the profit-making effect, funds are pouring into the new stock market on the Beijing Stock Exchange. In addition, investing in new stocks on the Beijing Stock Exchange does not involve the risk of stock price fluctuations due to holding market value. Therefore, some investors seeking low-risk returns have shown strong interest in new stocks on the Beijing Stock Exchange. Zhou Yunnan, a veteran commentator on the New Third Board and founder of Beijing Nanshan Investment, stated that the first-day increase of new stocks on the Beijing Stock Exchange this year has been ideal, with a clear profit-making effect. This is mainly attributed to the significantly improved quality of new stock companies, obvious discounts in the issuance price-earnings ratio, voluntary restrictions by existing shareholders, and the increasingly active secondary market on the Beijing Stock Exchange. Market experts believe that the quality of new stocks on the Beijing Stock Exchange is improving, combined with a low-interest rate environment, making the returns from investing in new stocks still attractive. It is expected that investors' enthusiasm for investing in new stocks on the Beijing Stock Exchange will continue.