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I think as a new stockholder, he lacks basic knowledge, experience and psychological endurance, and he is not very strong. Indeed, it is better to follow those index funds, which may be higher than bank time deposits. As for people in the market who have the ability to earn twice or even 10 times, small white stockholders should not be greedy for others to make money. Everyone makes money in their own cognition.Our Public Offering of Fund has also experienced several rounds of great development, and now it has exceeded 32 trillion yuan. In 2022 and 2023, it made the first loss for two consecutive years. In 2024, the stock market returned to 3400 points from 2635. Three years ago, there were still many losses in the net value of 3731 funds, but as a retail investor, you can make money by buying a cosmic bank casually, or you can buy an index fund to make a fixed investment, so you won't still lose money now. Now some institutions are no different from ordinary retail investors.A healthy capital market is that both the investment side and the financing side can develop in a balanced way, and the stock market can get out of the bullish market. There is no fraudulent issuance, no financial fraud, no illegal reduction in size, no manipulation of the market, and no constant thinking about cutting leeks. This is a good ecological environment.

1. Guotai Junan Wang Zhengzhi: IPO issuance is expected to pick up next year. It is estimated that 150~210 IPOs will be issued throughout the year.A healthy capital market is that both the investment side and the financing side can develop in a balanced way, and the stock market can get out of the bullish market. There is no fraudulent issuance, no financial fraud, no illegal reduction in size, no manipulation of the market, and no constant thinking about cutting leeks. This is a good ecological environment.A healthy capital market is that both the investment side and the financing side can develop in a balanced way, and the stock market can get out of the bullish market. There is no fraudulent issuance, no financial fraud, no illegal reduction in size, no manipulation of the market, and no constant thinking about cutting leeks. This is a good ecological environment.

This year, the Shanghai Composite Index has risen by nearly 500 points so far. At present, A shares have stepped out of the bullish upward trend, and the index will exceed 3,731 or even 4,000 points next year, so it should be reasonable to reach more than 150 IPOs next year!Heavy! There are three major news in the securities market, IPO may pick up, A-share benchmarking is difficult, and retail investors dominate the dispute. What is the fate of A-shares?The IPO has started to blow again, and some economists said over the weekend that IPO should be normalized. Today, there are brokers who explain that IPO is expected to pick up in 2008. Next year's IPO will pick up, basically picking up. Up to now, there are 92 IPOs listed this year, and this year there are about 100.