There are a lot of people and money to buy new shares, but the number of issues is limited and people can't buy them. Because every time you buy 1000 shares, you take every 1000 shares as the buying company, get the buying number, and then draw lots. Investors compared the numbers and won the bid, but they didn't. Using the issuable amount/total subscription amount, the winning rate of new shares can be obtained. The lower the winning rate, the less likely they are to win the bid.
The success rate of new shares and the number of new shares purchased
(1) When the effective subscription number of investors is greater than the issued number, the exchange host and underwriter will determine a declared number for each 1000 shares, and arrange them in order. The winning number will be determined by drawing lots, and each winning number can buy 1000 shares. The formula for calculating the winning percentage is:
Signature rate = (number of issued shares/number of effectively purchased shares) * 100%
(2) When the number of effective subscriptions of investors is less than the number of shares issued, investors can usually make subscriptions according to the number of effective subscriptions in various places, and the rest will be contracted by sales stores.