---
title: "On the first day of listing, Jiangnan New Materials surged 606.8%, with four funds buying in 141 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232547198.md"
description: "Jiangnan New Materials surged 606.8% on its first day of listing, with a turnover rate of 85% and a transaction amount of 1.809 billion yuan. Data from the dragon and tiger list shows that the buying positions were all occupied by speculative funds, with the \"Wenzhou Gang\" buying 36.9336 million yuan, \"Boss Mao\" buying 33.3876 million yuan, \"New Stock Speculators\" buying 23.7004 million yuan, and \"King T\" buying 46.596 million yuan. The selling positions were occupied by institutions, with a total selling amount of 73.4 million yuan"
datetime: "2025-03-20T08:56:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232547198.md)
  - [en](https://longbridge.com/en/news/232547198.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232547198.md)
---

# On the first day of listing, Jiangnan New Materials surged 606.8%, with four funds buying in 141 million yuan

On its first day of listing, Jiangnan New Materials surged 606.8%, with a turnover rate of 85% and a transaction amount of 1.809 billion yuan. According to the dragon and tiger list data, all five buying seats were occupied by speculative funds, with the "Wenzhou Gang" ranking first in buying, purchasing 36.9336 million yuan; "Boss Mao" ranked second, buying 33.3876 million yuan; "New Stock Speculators" ranked third, buying 23.7004 million yuan; and "King T" ranked fourth and fifth, buying 46.596 million yuan. All five selling seats were occupied by institutions, which collectively sold 73.4 million yuan

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