Why is there a subscription quota for my IPO but the buyable shares are 0

This shows that there are no new shares to subscribe for at the moment, and of course they can't be subscribed.

The specific details of the IPO subscription are as follows:

1. The average daily holding of 10,000 yuan of non-restricted A** value in the 20 trading days before T-2 (inclusive) can subscribe for new shares, and the Shanghai and Shenzhen markets are calculated separately;

2. If the customer has multiple custody in the same ** account, its market value shall be calculated together. If the customer holds more than one ** account, the market value of the multiple ** accounts will be calculated together. The market value of the credit** account of margin customers is calculated on an aggregate basis.

3. Shanghai can subscribe for 1,000 shares for every 10,000 yuan of market value, and Shenzhen can subscribe for 500 shares for every 5,000 yuan of market value;

Fourth, Shenzhen has a market value of ordinary or credit accounts can be subscribed, Shanghai as long as there is a designated trading account can be subscribed, customers only the first order is valid (according to the issue price**) and can not cancel the order;

6. Customers do not need to pay the subscription funds when subscribing, and after confirming the winning of the lottery on T+2 day, they need to ensure that there are sufficient funds for the settlement of funds for the subscription of new shares at 16:00;

7. Clients who have won the lottery but have not paid in full shall be deemed to have given up the subscription, and those who have won the lottery for 3 consecutive months but have given up the subscription shall not participate in the online IPO subscription within 6 months (calculated on the basis of 180 natural days, including the next day) from the day after the latest abandonment of the subscription.

Hello, to subscribe for new shares, you need to have a subscription quota, that is, the qualification to subscribe for new shares, the GEM is included in **A shares, but if you do not open the GEM authority, you can also not subscribe, the specific subscription conditions are as follows:

1. The number of new shares subscribed by investors is determined by the market value of the investors held.

2. The market value held by investors refers to the average daily market value of non-restricted A shares held in the market in the 20 trading days before T-2 day (T day is the subscription date), excluding preferred shares, B shares, **, bonds or others**, and the exchange-traded open-ended index ** is not included in the subscription market value.

3. Investors with a market value of more than 10,000 yuan (including 10,000 yuan) can participate in the subscription of new shares, and the market value of 10,000 yuan in Shanghai corresponds to a subscription number, and a subscription number can subscribe for 1,000 shares, and the part less than 10,000 yuan is not included in the subscription quota; The market value of 5,000 yuan of the Shenzhen Stock Exchange corresponds to a subscription number, and a subscription number can subscribe for 500 shares, and the part less than 5,000 yuan is not included in the subscription quota.

Why is the subscription quota of new shares 0, because the market value of the previous holdings is not enough, and the subscription quota of new shares is not obtained, so you cannot subscribe for new shares. In the first 20 trading days of T-2 day (including T-2 day), the average daily market value of ** holdings reaches 10,000 yuan, and the new share subscription quota of 1,000 yuan is obtained. The market capitalization of the Shanghai and Shenzhen stock exchanges cannot be combined.

When it comes to playing new stocks, the first thing that everyone thinks of is Dongpeng Special Drink some time ago, as soon as it is listed, there are more than a dozen price limits, and you can get 220,000 yuan if you sign it, which is simply a "hot item" in the New Territories. Playing new stocks looks very profitable, do you know how to play? How can I increase my chances of winning the lottery?

Therefore, today I will give you a good science popularization about the new stocks.

3. What will happen to the IPO?

If nothing else, the new shares will be listed within 8 14 calendar days from the subscription date.

Take the Science and Technology Innovation Board and the Growth Enterprise Market as examples, there is no limit on the rise and fall of the first 5 days of listing, and the daily limit of the rise and fall is 20% from the 6th trading day. The price limit on the first day of listing of new shares on the Main Board shall not be higher than 144% of the issue price and shall not be less than 64% of the issue price**. It means that if the issue price is 10 yuan shares, the price of the day is the upper limit, and the lowest must be above the yuan shares.

When it is more appropriate to sell new shares, it is necessary to make a general analysis according to the actual situation and the market. If the new stock is broken on the day of listing and is continuous, it is best to sell it on the day of listing to reduce losses.

Because there is no restriction on the rise and fall of new shares on the Science and Technology Innovation Board and the Growth Enterprise Market, in order to avoid the stock price falling, the friends who have won the lottery can sell directly on the first day of listing. Moreover, if the ** of the board continues to be connected, when the board is opened, the best and safest way is to sell it immediately and leave the bag safe.

The essence of ** in the final analysis is the company's performance, many people can not distinguish whether a company is a good company or the analysis is not in place, resulting in the purchase of shares is not allowed to lose, now for everyone to recommend a stock diagnosis platform, the **** input that you want to query, you can see the quality of the **quality: [free] test your** is it good?

There is a quota for subscribing for new shares, which is allocated based on the average market value of your account held in the previous 20 trading days.

To subscribe for new shares, you must not only have the quota for subscribing for new shares, but also open the authority of the Growth Enterprise Market and the Science and Technology Innovation Board, so that you can subscribe for new shares.

Did you go to the business hall to open the GEM permission? If it is not opened, it cannot be subscribed accordingly.

It depends on which system you are subscribing to**. If it is a Shenzhen and Shanghai A-share or small and medium-sized board**, it can definitely be subscribed. However, if it is GEM**, you need to go to **company to open GEM ** trading procedures.

If it is a science and technology innovation board, it also needs to be handled by a company, and investors with more than three years of investment experience and a market value of more than 500,000 can handle it. Investors who do not have the above qualifications are not allowed to subscribe to the ChiNext Board or the Science and Technology Innovation Board**.

That is, you don't have a market value to subscribe to.

Because the subscription of new shares now needs to meet the requirements of the average market value of the ** account position within 20 trading days before the date of subscription, and the new shares cannot be subscribed if this condition is not met. That is to say, if you want to subscribe for new shares, you must hold it for at least one month or so.

The subscription quota of new shares is 0, which means that the market value of the investor** does not meet the subscription conditions, there is no quota, and the new shares cannot be subscribed; Or when the investor subscribes, it meets the conditions of the average daily market value of more than 10,000 yuan in the previous 20 trading days, but its market value is not in the same trading market as the new shares subscribed, for example, the market value is the Shanghai market, and the new shares on the day are the Shenzhen market.

Extended information: When making a new move, you need to pay attention to:

1. The quota of the Shanghai market and the Shenzhen market is calculated separately.

2. 10,000 market value = 1,000 shares = 1 subscription unit in the Shanghai market, but 10,000 market value = 1,000 shares = 2 subscription units on the Science and Technology Innovation Board (i.e., 500 shares per subscription unit); In the Shenzhen market, 10,000 market capitalization = 1,000 shares = 2 subscription units (i.e. 500 shares per subscription unit).

3. The subscription quota in the same market can be reused.

4. If an investor participates in the subscription of the same new shares, the investor's first subscription shall be regarded as a valid subscription, and the rest of the subscriptions shall be invalid subscriptions.

Stock is a part of the ownership of the joint-stock company, and it is also a certificate of ownership issued by the joint-stock company to each owner as a shareholding certificate in order to raise funds and obtain dividends and bonuses. **It is a long-term credit instrument in the capital market, which can be transferred, bought and sold, and shareholders can share the company's profits with it, but also bear the risk caused by the company's operating errors. Each share** represents a shareholder's ownership of a basic unit of the business.

Every public company will issue a **.

Each copy of the same category** represents equal ownership of the company. The size of the ownership share of the company owned by each owner depends on the proportion of the number of shares held by the owner in the total share capital of the company.

** It is a component of the capital of a joint-stock company, which can be transferred, bought and sold, and is the main long-term credit instrument in the capital market, but the company cannot be required to return its capital contribution.

** It is a certificate that the owners (i.e. shareholders) of a joint-stock enterprise (listed and unlisted) own the company's assets and interests. The listed ** is called tradable shares, which can be freely traded on the ** exchange (i.e., the secondary market). Unlisted shares are not traded on the exchange, so they cannot be freely traded, and are called unlisted tradable shares.

This ownership is a comprehensive right, such as participation in shareholders' meetings, voting criteria, participation in major decisions of the company, receipt of dividends or sharing of dividends, etc., but also the risk of operating errors of the company is shared.

** is a valuable **, is a share certificate issued by a joint-stock company to investors when raising capital, representing the ownership of its holders (i.e. shareholders) to the joint-stock company. ** is the abbreviation of share certificate, which is a kind of value issued by a joint-stock company to shareholders as a shareholding certificate in order to raise funds and obtain dividends and bonuses. Each share** represents a shareholder's ownership of a basic unit of the business.

**It is a component of the capital of a joint-stock company, which can be transferred, bought and sold or pledged for a value, and is the main long-term credit instrument in the capital market.