On January 11, Yun Xingyu, a new stock on the Beijing Stock Exchange, was listed, and closed up 166 on the first day31%, with a full-day turnover of 66.9 billion yuan, with a turnover rate of 8156%。It is worth mentioning that the stock was frozen in 2013 when the new shares were subscribedThe 4.6 billion yuan of new funds set a record high for the amount of frozen funds on the Beijing Stock Exchange (including the period of the selected layer). 
According to the announcement of Yun Xingyu's IPO issuance, there are a total of 28020,000 investors participated in its new offering, and the company's ** issue price was 463 yuan shares, effective subscription number 4348.7 billion shares. Due to the fact that the Beijing Stock Exchange has to freeze the subscription funds in full, Yun Xingyu has frozen the total amount of funds in 20134.6 billion yuan, while the company's fundraising amount is only 33.6 billion yuan. Since November 2023, the Beijing Stock Exchange's new stock and frozen capital has continued to rise: Kunbo Seiko, which was listed on November 23, hit a new high on the Beijing Stock Exchange since March 2022 with 84.8 billion yuan of frozen funds; On November 30, the company listed on November 30 had a frozen capital of 118.1 billion yuan, which began to exceed 100 billion yuan; and then to the newly listed Yun Xingyu, the amount of frozen funds directly exceeded the 200 billion yuan mark.
Recently, the amount of frozen funds on the Beijing Stock Exchange has become larger and larger, which is related to the fact that more and more investors are participating in the Beijing Stock Exchange's new listing, and the threshold for winning the lottery has been rapidly raised. In the case of the Beijing Stock Exchange as a whole, the new "involution upgrade", a large number of professional new funds continue to pour into the market, according to the analysis of industry insiders, these professional new funds tend to be "blind and top-notch", so that the amount of funds is not dominant.
Article**: Oriental Wealth Research Center).