The Gafura stock listing uses a very special method. Before the market opens, the company must submit the issue price and quantity of shares to the financial monitoring office.
These issued shares will be sold to the entire market at the listing price as the primary direction from the company. This price cannot change until all the shares are sold out.
Therefore, most companies do not set the stock issue price too high; they typically undervalue it to quickly let the market fluctuate freely.
Moreover, listing at a low price can attract more investors, at least since it's not very high, people are willing to buy a little to try.
Whether the stock will rise after being sold depends on the speed of sales. If it sells out right after listing, there will be more people frantically purchasing, and the price naturally climbs.
If it doesn't sell out, then the fluctuation is very small or might even decline.
