What are the rules for subscribing for IPO shares? How does it work?

The market value of T20 determines the amount you subscribe, and you can subscribe

1. For ordinary investors. The subscription method is all online subscription, as long as there is a new share subscription quota, you can subscribe, and the quota confirmation rules are as follows.

2. Threshold for new share subscription. In the first 20 trading days of T-2 day, the average daily market value of holding ** shall not be less than 10,000 yuan.

3. Every 10,000 yuan in Shanghai corresponds to a new share subscription unit. 1000 shares per unit; **Every $10,000 corresponds to two IPO units. Each unit is 500 shares.

4. The subscription quota for new shares is not universal. The quota of the Shanghai Stock Exchange can only subscribe for the Shanghai Stock Exchange**, and the quota can only subscribe for new shares.

5. Subscribe to the Science and Technology Innovation Board. GEM IPOs need to open the corresponding ** trading permissions.

1. The market value held by investors is based on investors, and the market value standard of the Shanghai ** market is:

Shanghai Stock Exchange: The average daily market value of Shanghai non-restricted A shares** in the account in the 20 trading days (including T-2 day) before T-2 (T day is the online subscription date determined by the issuance announcement) is more than 10,000 yuan (including 10,000 yuan), and every 10,000 market value corresponds to the subscription quota of 1,000 shares.

**: The average daily market value of Shenzhen non-restricted A shares** in the account in the 20 trading days (including T-2 day) before T-2 (T day is the online subscription date determined by the issuance announcement) is more than 10,000 yuan (including 10,000 yuan), and every 10,000 market value corresponds to the subscription quota of 1,000 shares.

2. If the investor holds more than one ** account, the market value of multiple ** accounts shall be calculated together.

Shenzhen market) investors in the same ** account of multiple custody, its market value is calculated together.

3. The principle of confirming that multiple ** accounts are held by the same investor is that the "account holder name" and "valid identification document number" in the ** account registration information are the same.

**Account registration information is based on the end of T-2 day.

4. The market value of the credit ** account of the margin customer is calculated into the market value held by the investor.

5. Unqualified, dormant, and cancelled** accounts are not counted as market value.

If the investor's related** account has been opened for less than 20 trading days, the average daily market value will be calculated based on 20 trading days.

6. If the non-restricted A shares are judicially frozen or pledged, and there are restrictions on the shareholding of directors, supervisors and senior managers of listed companies, it will not affect the calculation of the market value held in the ** account.

7. The market value held by the investor's relevant ** account is calculated by multiplying the number of shares included in the market value calculation range in its ** account and the corresponding ** price.

Speaking of playing new stocks, many people immediately thought of Dongpeng Special Drink a while ago, and not long after the listing, there were more than 10 price limits in a row, which can be 220,000 yuan, which is highly favored in the new world. Playing new stocks seems to be very profitable, do you know how to do it? How can I increase my chances of winning the lottery?

Then I will explain to you about the new stocks.

So before we start talking, let's first receive this wave of benefits - the ** list selected by the organization is newly released, everyone hurry up to receive it, be careful to miss it: quick collection! Today's list of institutions is newly released!

3. What will happen to the IPO?

Assuming there are no surprises in all respects, the listing of new shares will take place within 8 14 calendar days from the date of subscription.

Regarding the STAR Market and ChiNext, there will be no limit on the decline of the first 5 days of listing, and the daily limit of the rise and fall will be 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**. For a simple example, if the issue price is 10 yuan shares, then the most ** on the day will only be yuan shares, and the lowest must be above yuan shares, according to my years of tracking observation, often the first day of the main board new stock listing, the number of later boards is greater than 5.

As for when 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 listed on the day of the breakage and succession, it will be thrown out on the day of listing to reduce losses.

Due to the fact that 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 prevent the stock price from falling, the winning partners can directly sell on the first day of listing. In addition, if you continue to connect the board, when you encounter the situation of opening the board, it is recommended that you resell it, which is the safest practice.

In the final analysis, the essence of the company is still in the company's performance, identify whether a company is good or not or comprehensively analyze most people can't do it, resulting in the wrong stock and loss, there is a free stock diagnosis platform to push to everyone, directly enter the ****, you can find the quality of the **: [free] test your ** is it good?

Conditions and rules for subscribing for new shares.

If the market value of the account exceeds 10,000 yuan, you can participate in the subscription of new shares. For every 10,000 yuan of market value in the Shanghai Stock Exchange, one subscription unit can be subscribed, and the part less than 10,000 yuan will not be included in the subscription quota of new shares. **For every 5,000 yuan market value, you can subscribe for one subscription unit, and the part less than 5,000 yuan will not be included in the subscription quota of new shares.

Specifically, assuming that T day is the subscription date of new shares, the subscription quota for new shares will be calculated based on the average daily market value from the 20 trading days before the T-2 date (including T-2 day).

"Market capitalization" refers to the "market value of unrestricted A shares" held by an investor, so the market value of ETFs, closed-end**, B shares, bonds and preferred shares held by an investor in the future is not included in the market value of the investor's holdings for the subscription of new shares. It is necessary to open the GEM before you can subscribe for new shares on the GEM.

Hello, are you satisfied with the answer I provided? If you have anything else you want to ask, you can say it, and I will try my best to answer it for you!

Q: What is the subscription of A-share new shares in the Shanghai Stock Exchange**, the subscription of ordinary shares and the subscription of the Science and Technology Innovation Board**?

Hello, are you satisfied with the answer I provided? If you have anything else you want to ask, you can say it, and I will try my best to answer it for you!

Speaking of new stocks, presumably the first thing that everyone thinks of will be Dongpeng Special Drink some time ago, Dongpeng Special Drink has directly increased the price limit of more than a dozen boards in a row once it is listed, and it can earn 220,000 yuan in a lot, and it has received the popularity of the new world. Playing IPO seems to be very profitable, do you know how to play? How can I increase my chances of winning the lottery?

Next, I will tell you about the new stocks.

3. What will happen to the IPO?

If nothing else, the time for the listing of new shares is 8 14 calendar days from the subscription date.

For these two major sectors, including the ChiNext and the Science and Technology Innovation Board, there will be no limit on the decline in the first 5 days of listing, and the daily limit will be 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**. If the issue price is 10 yuan shares, then the highest price of the day can only be to the yuan shares, the yuan shares are the lowest lower limit, according to my years of tracking and viewing, often the first day of the main board new shares listed on the daily limit, the number of later boards is greater than 5.

For the time of selling new shares, it is necessary to summarize and analyze according to the actual situation and the market. If there is a breakdown on the day of the listing of the new shares and it is continuous**, selling them on the day of listing can reduce losses.

Since 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 prevent the stock price from falling, when it is listed on the first day, the friends who have won the lottery can sell it directly. Also, if it is a continuous board, when the board is opened, the best way is to sell it immediately to prevent losses and settle for safety.

**The essence of the company finally falls on the company's performance, most of them can't judge whether a company is good or not or can not be comprehensively analyzed, resulting in a loss of the wrong stock, there is a free stock diagnosis platform to push to everyone, knock in****, you can see if you buy** is good or not: [Free] Test your ** is good?

Conditions and rules for subscribing for new shares.

Investors should first understand the minimum number of shares required for IPO listing; Secondly, it should be noted that for a new stock, a ** account can only be subscribed once. Moreover, the account cannot be subscribed repeatedly, and the order cannot be cancelled, so remember to subscribe before subscribing**. If there is an error or violation of the above rules when placing an order, it will be considered as an invalid subscription.

Now for the subscription of new shares, the system will distribute the quota according to the ** market value of the positions in the account, and only those who have the quota can subscribe. The rules for quota distribution are as follows: assuming that T day is the subscription date, the system will automatically calculate the average daily ** market value of the account from T 2 to the previous 20 trading days, and the average daily ** market value must reach more than 10,000 yuan before the quota will be distributed, and the market value of 10,000 yuan corresponds to 1,000 shares, and the market value of 20,000 yuan can subscribe for 2,000 shares, and so on.

In addition, the Shanghai and Shenzhen markets are calculated separately, if you want to subscribe for new shares in Shenzhen, you must have the market value of Shenzhen, and you must have the market value of Shanghai if you want to subscribe for new shares in Shanghai.

1. How to choose the subscription period for new shares.

Investors should pay attention to the time period when placing an order through the company's trading system, because a ** can only place an order once, and it is necessary to avoid the peak time period of the order to improve the probability of winning the lottery. The subscription time slot is selected from 10:30 a.m. to 11:00 a.m

30 and 1:00 p.m. 2:00 p.m., the probability of winning the lottery is relatively high.

2. What are the rules of the IPO subscription process?

Trading hours are different, trading hours are 9:30 a.m. to 11:30 a.m. and 1:00 p.m. to 3:00 p.m

If you want to subscribe for new shares, you can submit an order from 9:00 a.m. to 3:00 p.m. on weekdays. Office workers can use the noon time to subscribe.

2. Order cancellation: **The transaction can be cancelled as long as it is not completed after the entrustment, and the order for subscribing for new shares cannot be cancelled. After the subscription, the share of the subscribed funds is frozen.

3. Subscription opportunities:

Each account can only subscribe for a single IPO once, and cannot subscribe repeatedly. Each IPO has a "subscription cap", including a maximum number of shares and a maximum number of funds. For example, if you have 500,000 yuan for new shares, and only 1 new stock can be subscribed for on the same day, and the subscription limit is 300,000 yuan, then if you only use one account, you can only subscribe once, and the extra 200,000 yuan can only be arranged separately.

4. Winning lot:

The announcement time of the lottery is t2, such as the subscription on July 17, you can check whether you have won the lottery on the ** account on the evening of the 19th, if you win the lot, you will see the ** and quantity of the winning lottery in your position, if you do not win the lot, the frozen subscription share in the position will disappear.

5. Payment: The payment time is T3, for example, the frozen funds for the subscription of new shares on the 17th will be returned to the ** account after the announcement of the lottery on the evening of the 19th, and the market can be seen in the balance at the opening of the market on the morning of the 20th, and the bank-securities transfer can be transferred to the bank at that time.

IPO Subscription Rules: 1SSE:

Subscription market value starting point: 10,000 yuan market value standard: t-2 days Quota calculation:

55—15:00 2.Shenzhen Stock Exchange:

Subscription market value starting point: 10,000 yuan market value standard: t-2 days Quota calculation: