New stocks have always been the focus of short-term capital due to their advantages of small size, high公积金 (capital reserve), and propensity for bonus shares, making them prone to short-term capital speculation. Their price fluctuates rapidly; they lead the market in rising when the market goes up and lead the market in falling when the market goes down. These characteristics make them suitable for short-term trading. Setting a good stop-loss point is essential for quick entry and exit. The speculation on new stocks has its own....., Securities Basic Knowledge Network - Stock Knowledge.