What do you mean by new shares and new debts? How to operate the transaction?

In the stock market, the word "playing new" actually includes two contents, one is playing new shares and the other is playing new debts. Many investors don't understand the relevant contents of new shares and new debts, so what does new shares and new debts mean? How to operate sales?

What is new stock and new debt?

New shares refer to the stocks to be listed soon. According to the past history, most new shares have great appreciation space after listing. New debt refers to the newly listed convertible bonds, which can be converted into stocks. Convertible bonds can be traded in the secondary market, or they can be held to repay the principal and interest at maturity. The newly listed convertible bonds also have some room for appreciation. Because of their bonds, convertible bonds are a guaranteed investment.

How to operate sales?

To play new shares, you need to obtain the subscription quota of new shares. In the 20 trading days before T-2, if the daily average market value of unrestricted A shares and unrestricted depositary receipts exceeds 6,543,800 yuan, investors can subscribe for new shares in science and technology innovation board; There is no market value requirement for new debt.

After obtaining the quota, make a purchase on T day (the purchase date); On T+ 1 day, the lead underwriter announced the winning rate and organized the lottery. Payment will be made on T+2.

The above is Bian Xiao's sharing, I hope it helps.