Breaking is falling below the issue price. The current situation of China stock market, the first day of IPO basically did not fall below the issue price; In fact, few stocks in China fall below the issue price during their life cycle. Therefore, in theory, as long as you subscribe for new shares and win the lottery (buy them at the issue price) and sell them on the first day of listing, there will be stable profits. This is a new game. The fund is new because he took a fancy to this risk-free income.

Because of the large amount of funds to purchase new shares, the winning rate is very low, and a lot of funds are needed to ensure the winning. Funds have this strength, so many funds, especially radical bond funds, are keen on innovation.