Is there a high winning rate for IPOs on the STAR Market? How is Doke Venture evaluated?

Hello, according to the Shanghai Stock Exchange's estimates, there are about 3 million individual investors who meet the investment conditions of the Science and Technology Innovation Board, accounting for only about 2% of the total number of A-share investors. This means:

The allotment rate of new shares issued on the STAR Market is expected to be higher than the current allotment rate of A-share new offering.

Share new tips on the Science and Technology Innovation Board, I hope it can help you.

1. Subscribe according to the upper limit.

There is no need to pay fees in advance or freeze funds when subscribing for new shares on the STAR Market, and the winning rate is relatively low, so investors can subscribe according to the upper limit to increase the winning rate.

The first lot on the Science and Technology Innovation Board is 500 shares, and according to the issue price of 30 yuan for new shares, the first lot needs to pay 15,000 yuan, and the demand for funds is not very large.

2. Multi-account subscription.

According to the trading rules of the Science and Technology Innovation Board, the same account has multiple subscriptions for the same **, only the first subscription is valid, and the others are invalid by default. If the same person subscribes to multiple accounts at the same time, only one account is valid.

In the case of abundant funds, in order to improve the winning rate of the new listing on the Science and Technology Innovation Board, you can borrow multiple family accounts to subscribe at the same time, as long as the account holders are different, multiple subscriptions are also effective.

3. Change brokers.

Brokerages are not directly related to the rate of winning the lottery, but if investors fail to win the lottery many times, they may also try to change brokers, and there may be unexpected gains.

4. Select the subscription time.

There is no scientific law on when new stocks on the STAR Market are easy to win, but according to past trading records, the winning rate of the two time periods of 10:30-11:20 and 14:00-15:00 is relatively high.

The way for individual investors to directly participate in the new market of the Science and Technology Innovation Board is to subscribe online, but if they do not win the lot, they can also participate indirectly through open public offerings**, strategic placements**, etc. On the whole, the investment risk of the Science and Technology Innovation Board is still relatively large, and individual investors need to be cautious to participate.

Risk Disclosure: This information does not constitute any investment advice, and investors should not use such information to replace their independent judgment or make decisions based solely on such information, does not constitute any buying and selling operations, and does not guarantee any returns. If you are doing it yourself, please pay attention to ** control and risk control.

IPO subscription refers to entrusting a company to buy a company that is about to go public, in order to obtain differentiated returns with very low risk between the primary market and the secondary market. IPO subscription is the lowest risk and stable return of the investment method. Conditions for IPO subscription:

The average daily market value of the 20 trading days before the subscription date must reach more than 10,000 yuan, and there must be a certain amount of funds in the account.

At present, the winning rate of new shares is not high, with an average winning rate of about 3/10,000, and about 3,000 matching numbers, and you can win one matching number.

2. There is a risk in entering the market, and investment needs to be cautious.

Investors on the Science and Technology Innovation Board.

The enthusiasm for subscription is relatively high, and the number of investors who have opened trading privileges on the STAR Market and the number of new shares listed on the STAR Market are gradually increasing. So is the winning rate of the Science and Technology Innovation Board high, and how much can you earn by winning the lottery on the Science and Technology Innovation Board? Let's learn about Yisong Yu Yuxia together.

1. Is the winning rate of the Science and Technology Innovation Board high?

Although the winning rate of investors on the Science and Technology Innovation Board will be high, in fact, because investors pay more attention to the new science and technology innovation board and the number of participating users is large, the winning rate of the science and technology innovation board is not high. For example, in November, Novoray New Materials (****.

688300), the final winning rate of the online lottery is only.

The winning rates of Huaxing Yuanchuang, TZTEK Technology, and Ruichuang Micro-Nano issued earlier are relatively low, respectively06025%。

2. How much can you earn by winning the lottery on the Science and Technology Innovation Board

Subscription of new shares on the STAR Market.

The quota is calculated based on the market value of the holdings, and one subscription unit is 500 shares.

Suppose an investor has a new share of the Science and Technology Innovation Board, and the issue price is RMB, then the fee that the investor needs to pay after winning the lottery is RMB. This means that the market value owned by the investor is 10,750 yuan. After the listing opens, if the ****.

**20%, then investors can make a profit of 2,150 yuan in one lot.

The rise and fall of new listings on the STAR Market will be affected by factors such as the scale of product management, so the expected rate of return of different companies will be different.

In addition, there is no limit on the rise and fall of the first 5 trading days of the Science and Technology Innovation Board, and there may be huge fluctuations in the short term, and the risk of breaking after listing cannot be ruled out, but based on investors' enthusiasm for investment in the Science and Technology Innovation Board, the possibility of a break on the Science and Technology Innovation Board is still relatively small.

What is the winning rate of the Science and Technology Innovation Board.

Rules for IPOs on the Science and Technology Innovation Board.

On June 27, 2019, Huaxing Yuanchuang, the first new stock on the Science and Technology Innovation Board, has officially launched its subscription.

Many investors who pay attention to the Science and Technology Innovation Board have participated in the subscription of Huaxing Yuanchuang, but there are still many friends who do not know much about the rules of the Science and Technology Innovation Board, so what are the rules for the new shares of the Science and Technology Innovation Board?

There is a threshold for investing in the STAR Market, and not all investors can participate in the trading of the STAR Market. **Investors must meet the following threshold conditions to participate in the IPO of the STAR Market:

1. Asset requirements:

The average daily assets of the investor's account in the previous 20 trading days shall not be less than RMB 500,000, and it should be noted that the assets of RMB 500,000 include assets such as **, **, ***, wealth management products, etc., excluding the funds and ** invested by investors through margin financing and securities lending;

2. Experience requirements:

Investors need to have more than 2 years of ** trading experience;

3. Market value preparation:

Since the new market value of the Science and Technology Innovation Board is still adopted, investors need to hold the Shanghai Stock Exchange** before they can participate in the new market of the Science and Technology Innovation Board, and the minimum market value is more than 10,000 yuan.

The above are the necessary conditions for participating in the IPO of the Science and Technology Innovation Board, and only when the above conditions are met can you participate in the IPO.

What is the winning rate of the Science and Technology Innovation Board?

According to the understanding, the current number of individual investors in the investment conditions of the Science and Technology Innovation Board is about 3 million, and according to the information disclosed by the Shanghai Stock Exchange, Huaxing Yuanchuang has attracted about 2.76 million people to participate in the new market.

This means that almost all individual investors who have opened the authority of the Science and Technology Innovation Board have participated in the new listing of the Science and Technology Innovation Board.

According to the winning rate at about 8 o'clock on June 27, the winning rate of participating in the subscription of Huaxingyuan innovation shares was less than 4/10,000, and after the clawback mechanism was activated, the final winning rate was about 1/10,000.

Judging from this winning rate, the winning rate of the Science and Technology Innovation Board is higher than that of the current small and medium-sized board enterprises.

However, whether it can hit a new stock depends on the top grid subscription share, and the market value of Huaxing Yuanchuang's top grid subscription is 10,000 yuan. That is, it means that the probability of hitting a single account is only about 1 in 1,000.

In general, for individual investors, the Science and Technology Innovation Board will have fewer opportunities to participate, because there is no limit on the rise and fall of the first 5 trading days after the listing of the Science and Technology Innovation Board, the risk is still relatively large, and everyone needs to be cautious when investing.

The probability of winning the lottery on the main board is greater than that of the technology version.

The STAR Market is a newly established sector that is independent of the existing main board market, so what are the differences between the STAR Market and the main board?

The so-called main board, that is, the first board market, is the main place for the issuance, listing, and trading of a country or region. The difference between the Science and Technology Innovation Board and the main board is:

1.The listing criteria are different:

Science and Technology Innovation Board: The company's expected market value cannot be less than 1 billion, and the company's net profit in the past two years is positive and the cumulative net profit is not less than 50 million, or the net profit in the past year is positive and the operating income is not less than 100 million yuan.

Moreover, if the company expects the market value to be not less than 1.5 billion, not only the operating income in the past year shall not be less than 200 million yuan, but the total R&D investment in the last three years shall not be less than 15% of the operating income ratio in the past three years;

If the company's expected market value is not less than 2 billion, the operating income in the past year shall not be less than 300 million yuan, and the net cash flow generated by the company's operating activities in the past three years shall not be less than 100 million yuan;

If the company's expected market value is not less than 3 billion yuan, the operating income in the past year cannot be less than 300 million yuan;

If the company's expected market value is not less than 4 billion yuan, the company's main business or products need to be approved by the relevant parts of the state and have achieved phased results, and obtain a certain amount of investment from well-known investment institutions.

Main board: The company has been established and operated for more than 3 years, and the cumulative amount exceeds 300 million yuan. In addition, it must be profitable for 3 years and the cumulative profit is more than 30 million, and the net operating cash flow for 3 years is more than 50 million, and the total share capital before issuance is not less than 30 million.

2.The limit of the increase and decrease is different:

The limit on the rise and fall of the main board is 10%, and this is for normal**, if it is an ST share, the limit is only 5%; The limit on the rise and fall of the Science and Technology Innovation Board is 20%.

3.The listing regime is different:

The listing system of the main board is subject to an approval system, while the STAR Market is currently piloting a registration-based system.

The above is for individuals, and the specific statistics shall prevail.

The winning rate of the STAR Market is greater than that of the Main Board. Because there are many fewer account holders on the Science and Technology Innovation Board than on the Main Board.