IPO refers to the initial public offering of shares (IPO), which refers to the process that an enterprise issues shares to investors for the first time through a stock exchange in order to raise funds for enterprise development.
The subscription of new shares is to obtain the low-risk price difference income in the primary market and the secondary market, and does not participate in the secondary market speculation. Not only the principal is very safe, but also the income is relatively stable, which is an ideal investment choice for stable investors.
The subscription of new shares is the investment method with the lowest risk and stable income in the stock market.
The subscription of new shares is suitable for investors who have certain requirements on liquidity and risk tolerance, such as secondary market investors, bank financing investors and large enterprises and companies with idle funds.
Purchase procedure
1. Four-day subscription process: (use * * * when issuing with Hong Kong stocks)
(1) On the day of subscription (T+0), investors subscribe.
(2) On the first day after the subscription date (T+ 1), the stock exchange will freeze the subscription funds in the subscription account.
(3)(T+2), the stock exchange cooperates with underwriters and accounting firms to verify the subscription funds, continuously allocate numbers according to the availability of funds, and announce the winning rate through satellite networks.
(4)(T+3), the lead underwriter shakes the number and announces the winning result.
(5)(T+4), unfreeze the unsuccessful subscription.
2. Three-day subscription process:
(1) On the day of subscription (T+0), investors subscribe.
(2) On the first day after the subscription date (T+ 1), the Exchange will conduct capital verification.
(3)(T+2) Shake the number to announce the winning result.
(4)(T+3) Unfreeze the unsuccessful subscription.
* Note: The number of winning shares will be collected after the market closes the night before IPO.
According to the market value of T-2 account, quantity: SZSE 5000 yuan, one quantity, 500 shares/unit.
Shanghai 10000 yuan is the allocated quantity, 1000 shares/quantity.