After speculating on rare beasts, digital assets, and homophones, as the year-end approaches, the mystical speculation in A-shares has revived.

Today, on the first day of trading, the new stock N Hong Sifang experienced a huge surge, showcasing a stunning skyrocketing trend, the 'Sifang' mystique has come again.

A crazy surge of 2200%.

On November 26, the newly listed stock N Hong Sifang on the Shanghai Stock Exchange raced wildly, triggering a trading halt twice.

At one point during trading, it surged over 2200%, with the stock price peaking at 188 yuan.

It became the second largest intraday gain on the first day of a new stock listing this year, second only to the 24-fold increase of Qiangbang New Materials on its first day of listing.

As of noon, it rose by 1516% to 129 yuan, with a transaction volume of 2.375 billion yuan and a total market value of 25.8 billion yuan.

Hong Sifang may be the stock with the highest returns among newly listed stocks in the near future.

This stock aims to raise 0.496 billion yuan through this IPO.

Of this, 0.12 billion yuan is intended for repaying bank loans and supplementing working capital, while the remaining funds are intended for the expansion of a 0.2 million tons/year new special fertilizer project and a 0.05 million tons/year high-quality potassium fertilizer project for cash crops and accompanying engineering projects.

The total issuance scale is approximately 0.399 billion yuan, with an issuance price of 7.98 yuan per share.

This means that if sold at the highest price during trading (188 yuan/share), one lot (500 shares) can earn over 0.09 million yuan.

According to Wind, as of November 26, the company has a total of 70,344 shareholders.

It is reported that Hong Sifang is a state-owned enterprise fully owned by the State-owned Assets Supervision and Administration Commission, under Zhongyan Group.

The company is the operating entity of the agricultural fertilizer business sector of China Salt Group. The origins of the business can be traced back to the Hefei Shushan Fertilizer Plant established in 1958, one of the earliest nitrogen fertilizer plants in our country, and one of the earliest enterprises in the country to scale up the production of compound fertilizers.

From the performance perspective, from 2021 to 2023, Hong Sifang's revenue was 3.054 billion yuan, 4.17 billion yuan, and 3.899 billion yuan respectively; net income was 0.1108 billion yuan, 0.1193 billion yuan, and 0.1584 billion yuan respectively.

In the first half of this year, the company's revenue was 1.963 billion yuan, and the net income was 86.3533 million yuan. Hong Sifang expects a full-year operating income of 3.83 billion yuan to 3.88 billion yuan in 2024, a year-on-year decrease of 0.5% to 1.76%.

It is expected that the net income attributable to the shareholders of the listed company will be between 0.164 billion yuan and 0.1696 billion yuan, an increase of 3.7% to 7.08% compared to the previous year.

Speculating on "Square" metaphysics.

It is worth mentioning that alongside the crazy surge of N Hong Sifang, the A-shares "name" speculation has also arisen accordingly.

Today, stocks with the word "Square" in their names are particularly favored by market funds.

As of the time of publication, Sifang New Material rose over 6%, Sifang Da once surged nearly 10% before dropping back to 3.61%, and Sifang Optoelectronics, Square Technology Group, Shenzhen Forms Syntron Information, etc., all saw increases.

From the original "North, South, East, West", to the subsequent zodiac and numerical metaphysics, and now to the current name metaphysics.

As the year ends, active funds are starting to look for speculative themes.

Behind the 2200% madness of N Hong Sifang, is it a skyrocketing myth or a speculative deep pit?

Market analysts point out that there is strong speculative sentiment in the market for new investments, and caution is needed against the frightening game of 'passing the flower while beating the drum.'

Because market sentiment is not good today, and overall funding is not in an exuberant state. The block orders of Hong Sifang have collected a large amount of chips in a short period of time, but they may face difficulties in selling tomorrow.