There are no new shares listed today, but you can subscribe for new shares on the 23rd tomorrow. According to normal logic, the subscription of new shares will freeze funds, leading to a shortage of funds and a decline in the stock market. But why is the index soaring today? Today is not particularly good. Only in the peripheral futures market, that is, foreign commodity futures, non-ferrous metals such as aluminum, tantalum, zirconium and nickel rose, which led to the rise of non-ferrous stocks in the A-share market. Nonferrous stocks are heavyweights, and the rise will drive the index to rise. A rise in the index will cause other stocks to rise slightly. Technically, the GEM index has already faced a bottoming out yesterday, and it will naturally rise today.