Will the balance of the new share winning account be deducted if it is insufficient?

The balance of investors in new shares is insufficient, and the insufficient part can only be regarded as giving up subscription.

The new rules are very clear. When the investor draws lots for three consecutive months on 12 but fails to pay in full, the settlement participants shall not participate in the online subscription of new shares within six months from the day after they declare that they will give up the subscription (calculated according to 180 natural days, including the next day).

After the lottery of new shares, you must ensure that the account funds are sufficient at 16:00, otherwise it will be automatically regarded as giving up the subscription, and you will be prohibited from participating in the subscription of new shares if the number of times is too high.

Tips:

1. The above contents are for reference only and do not make any suggestions;

2. Before investing, it is recommended that you first understand the risks existing in the project and have a clear understanding of the investors, investment institutions, chain activity and other information of the project, instead of blindly investing or straying into the capital market. Investment is risky, so be cautious when entering the market.

Reply time: 2021-11-29. Please refer to the latest business changes announced by Ping An Bank in official website.