Institutional investors participate in offline subscription. These institutional investors refer to self-operated accounts or securities investment products managed by them that are qualified to participate in IPO inquiry and have been registered with China Securities Association. Retail investors cannot participate in offline subscription of new shares. Placing objects participating in offline subscription shall provide
(1) Purchase quotation sheet (official seal of the company must be affixed);
(2) Power of attorney of the legal representative (this material is not required if the legal representative signs/seals the subscription quotation form);
(3) A copy of the transfer voucher for the full payment of the subscription. Investors who participate in offline subscription should pay the subscription fee in full.
Extended data 1, time: Generally speaking, the new lottery is a computer lottery, and the winning number is random, but when the number is in the middle area, the winning probability is the highest. If you want the subscription number to be in the middle area, you should pay attention to the timing of placing orders by large institutional investors. Most institutional investors place orders in the afternoon, and it is best for individual investors to place orders between 0: 30 and 2: 00 in the afternoon.
2. Choose large-cap stocks: If there are multiple new shares available for subscription, it is recommended to choose large-cap stocks. Because institutional investors have a large amount of funds, if they choose to purchase small-cap stocks, they can get the average winning rate and improve the winning probability, which is not good for retail investors. Therefore, individual investors had better choose large-cap stocks to purchase, so the winning probability is slightly higher.
Generally speaking, the winning rate of large-cap stocks is higher than that of small-cap stocks. However, after the listing of small-cap stocks, the increase is often greater than that of large-cap stocks. This is also a helpless move. After all, if you don't win the lottery, you will miss the small increase.
Baidu encyclopedia-offline subscription of new shares