How to inquire about the subscription quota of new shares, the calculation method of the subscriptio

Taking the subscription date as the T day, investors who need to hold an average daily market value of more than 10,000 yuan (including 10,000 yuan) in the 20 trading days (including T-2 days) before T-2 can participate in the online subscription, and the Shenzhen market and the Shanghai market are calculated separately.

Interpretation and explanation: 1. The number of subscriptions in the Shenzhen market and the Shanghai Science and Technology Innovation Board is 1,000, with 500 shares being subscribed to as a unit, and 500 shares or their integer multiples increasing; The number of subscriptions on the main board of the Shanghai market is 1,000, with 1,000 shares being subscribed to a unit, and 1,000 shares or their integer multiples increasing;

2. The minimum value between the subscription quota and the upper limit of the number of new shares subscription quota is taken;

3. The market value of the credit ** account of the margin customer is calculated together into the market value held by the investor, and if the investor holds multiple ** accounts in the same market, the market value is calculated together;

4. Unqualified, dormant, and cancelled** accounts are not calculated as market value;

5. If the investor's relevant ** account has been opened for less than 20 trading days, the average daily market value will be calculated according to 20 trading days.

1.Go to the official **** trading software of the brokerage company and install it, the ** transaction icon will be displayed on the desktop, double-click to open. (The software and inquiry process of each broker are slightly different, but they are similar).

2.Enter your password, password and verification code in the pop-up window and log in to your ** account.

3.After logging in to the system, the default is in the interface of "funds**", you can see that there is a project called "new share subscription" in the left column, double-click it.

4.There will be two new options popping up below, and to check the available subscription amount, you can select the "Query Placement Rights" option at the bottom and double-click on it.

5.At this time, the page on the right will show the current quota of new shares available for your account, that is, the "Placement Quota" column, and the quota in the Shanghai and Shenzhen markets is separated.

According to the market value of the investor's holdings, the online subscription quota is determined, and investors with a market value of more than 10,000 yuan (including 10,000 yuan) can participate in the subscription of new shares, and every 10,000 yuan of market value in the Shanghai Stock Exchange can subscribe for a subscription unit, and the part less than 10,000 yuan is not included in the subscription quota. **For every 5,000 yuan market value, you can subscribe for one subscription unit, and the part less than 5,000 yuan is not included in the subscription quota.

There is a market value of 9,100 yuan in Shenzhen to make up 1,800 yuan after that, why is there no quota? This is because the subscription quota for new shares is calculated based on the average daily market value of the 20 trading days (including T-2 days) before T-2.

For example, if you subscribe for a new stock on July 31, 2017, the market value will be the average daily market value of the previous 20 trading days starting from the 31st. Example 1:

Within 20 trading days, there is a market value of 100,000 yuan for 1 day, and the subscription quota for new shares is: 100,000 yuan 20 days = 5,000 yuan (less than 10,000 yuan, 0 shares of available quota).

1. Key points of the new rules of the exchange

1. Market value subscription by market.

Investors are required to hold a certain number of unrestricted A shares in order to participate in the online subscription. ETFs are not included in the market value calculated by the subscription quota.

The market value of Shanghai and Shenzhen accounts can only subscribe for new shares in the market, and cannot subscribe across markets. The market value can be reused, and when multiple new shares are issued on the same day, the determined market value can be used to participate in the subscription of multiple new shares.

2. Single-market accounts are combined.

The market value of the investor's holdings is calculated on an investor's basis. If the investor's account has multiple trusts, its market value shall be calculated together. If the investor holds more than one account, the market value of the multiple accounts will be calculated together.

The market value of the margin customer's credit** account is combined into the market value of the investor's holdings, but the market value of the securities lending liabilities is not deducted from the investor's market value.

3. The funds must be sufficient on the subscription date.

Investors need to pay in full when they make a subscription entrustment, and if each new share issuance is chaotic, and the investor's multiple ** accounts are entrusted at the same time, the first entrustment shall be confirmed as a valid subscription entrustment in chronological order, and the rest shall be confirmed as an invalid subscription entrustment.

4. Margin account subscription regulations.

The Shanghai credit ** account cannot subscribe for new shares, and the Shenzhen credit account can subscribe for new shares, but it is not allowed to subscribe with "financing**" entrustment, that is, it can only be subscribed with "ordinary**" entrustment.

2. Comparison of subscription rules between Shanghai and Shenzhen

The quota query menu for IPO subscription based on the market value on T-2 day is as follows:

1. Online trading software.

2. Online business hall.

3. Mobile phone Golden Sun (version).

4. **Entrusted inquiry.

1: Transaction; ——4: Inquiry——8 Inquiry of the subscription quota for new share issuance.

1. According to the provisions of the Shanghai Stock Exchange, the online subscription quota of investors is determined according to the market value held by them. The market value held by the investor is calculated according to the average daily market value of the 20 trading days (including T 2 days) before the T 2 day (T day is the online subscription date determined by the issuance announcement). For every 10,000 yuan of market value, you can subscribe for one subscription unit, and the part less than 10,000 yuan is not included in the subscription quota.

Each subscription unit is 1,000 shares, and the number of subscriptions shall be 1,000 shares or integer multiples, but the maximum shall not exceed one-thousandth of the initial number of shares issued online, and shall not exceed 9,999,900,000 shares.

2. The Shenzhen Stock Exchange stipulates that every 5,000 yuan market value can subscribe for a subscription unit, and the part less than 5,000 yuan is not included in the subscription quota. Each subscription unit is 500 shares, and the subscription quantity shall be 500 shares or its integer multiples, but the maximum shall not exceed 1/1000 of the initial number of shares issued online, and shall not exceed 999,999,500 shares. According to the implementation measures, both online and offline, the market value held by investors is calculated on the basis of the average daily market value held by investors in the 20 trading days (including T 2 days) before T 2 days (T day is the online subscription date determined by the issuance announcement).

1. Conditions for subscription of new shares in 2019.

1. The average daily market value of the first 20 trading days before the subscription date must reach more than 10,000 yuan; There is a certain amount of money in the account;

2. Conditions for subscription of new shares on the Shanghai Stock Exchange: within 20 trading days before the subscription, the average daily market value of the shares held exceeds 10,000 yuan;

3. **New share subscription conditions: Before subscribing, the ** market value in the personal account must exceed 5,000 yuan.

2. How to calculate the subscription quota for new shares.

1. The Shenzhen Stock Exchange stipulates that the online subscription quota can be determined according to the market value held by the investor, and investors with a market value of more than 10,000 yuan (including 10,000 yuan) can participate in the subscription of new shares, and every 5,000 yuan of market value can subscribe for a subscription unit, and every 500 shares are a subscription unit, and the part less than 5,000 yuan is not included in the subscription quota.

2. The Shanghai Stock Exchange stipulates that the online subscription quota is determined according to the market value held by the investor, and one subscription unit can be purchased for every 10,000 yuan market value, and the part less than 10,000 yuan is not included in the subscription quota. Each subscription unit is 1,000 shares, and the number of subscriptions shall be 1,000 shares or integer multiples, but the maximum shall not exceed one-thousandth of the initial number of shares issued online, and shall not exceed 9,999,900,000 shares.

The subscription quota of new shares is determined according to the market value held by the investor, and before the subscription of new shares, the market value of the ** account held by the investor in the previous 20 trading days is required to be more than 10,000 yuan, so as to calculate the new share subscription quota owned by the investor.

**is a kind of valuable**, is a joint-stock company to raise capital when the issuance of shares to the investor certificate, the stove bird represents its holder (that is, shareholders) ownership of the joint-stock company, the purchase of ** is also a part of the purchase of the company's business, you can grow and develop together with the enterprise.

This ownership is a comprehensive right, such as participating in shareholders' meetings, voting, participating in the company's major decisions, receiving dividends or sharing the difference in dividends, etc., but also sharing the risks caused by the company's operating errors. Obtaining recurring income is one of the important reasons for investors to buy early**, and dividends are the main part of investors' recurring income**.

Income refers to the dividends obtained by enterprises or individuals in the form of foreign investment, the difference between the transfer and the actual cost of the book, and the amount of equity investment in the increased net assets of the investee. **Income includes dividend income, capital gains and CPF conversion gains.

Common stock refers to the shares that enjoy ordinary rights in the company's operation and management, profits and distribution of property, and represent the right to claim the profits and remaining property of the company after satisfying all the claims and the claims of the preferred shareholders. Common shares form the basis of a company's capital and are a basic form of capital. At present, the ** traded on the Shanghai and Shenzhen Stock Exchange are all ordinary stocks.

The post-allotment is a disadvantage over the common stock in the distribution of benefits or interest dividends and residual property**, and the residual interest is generally redistributed after the distribution of the common stock. If the company's earnings are huge and the number of post-allotment shares issued is very limited, the shareholders who purchase the post-allotment shares can achieve a high return. After the issuance of shares, the funds raised generally cannot generate immediate income, and the scope of investors is limited, so the utilization rate is not high.

The amount of new shares subscription is generally ** based on the market value held by the investor, if the investor holds more than one ** account, the market value of multiple ** accounts is calculated together. To subscribe for new shares, you need to make a ** order during the trading hours of the new shares; Enter **Subscription**, ** and quantity correctly; And the subscription can only be confirmed once.

Legal basisArticle 133 of the Company Law of the People's Republic of China.

When a company issues new shares, the general meeting of shareholders shall make resolutions on the following matters:

1) the type and amount of new shares;

2) New share issuance**;

3) the start and end dates of the new share issuance;

4) The type and amount of new shares to be issued to the original shareholders.

Article 134.

When a company is approved by the ***** regulatory authority to issue new shares to the public, it must announce the prospectus and financial accounting report of the new shares, and prepare a subscription book. The provisions of Articles 87 and 88 of this Law shall apply to the public offering of new shares by the company.

Article 135.

When a company issues new shares, it can determine its pricing plan according to the company's operating conditions and financial situation.

Article 136.

After the company issues new shares to raise enough funds, it must go through the change registration with the company registration authority and make an announcement.