2. On T+1day, the securities company will freeze the funds for investors to subscribe for new shares, and then start capital verification and allocation. The relevant clearing company will calculate the issuance and subscription amount of new shares and confirm that all subscription funds are in place and effective;
3, T+2, lottery, lottery processing;
On 4.T+3, the lottery results will be announced to unfreeze the relevant funds.
Introduction to new shares
Playing new shares usually means that investors have strong financial strength and can subscribe for new shares at a high price, because most of the new shares can bring good returns. If investors spend a lot of money to purchase new shares, once they win the lottery, they can get higher returns after the issuance of new shares. Therefore, playing new shares is usually not recommended for novices or retail investors, because it requires huge financial strength. When investors subscribe for new shares, the stock exchange will number the new shares through capital verification and then announce the winning results, which will take three days. Playing new shares requires investors' capital accounts to reach a certain standard before they can get the quota for subscription of new shares, which is also the entry threshold for playing new shares.