What is stock subscription?

Stock subscription is divided into online subscription and offline subscription:

"Online subscription" refers to public subscription through the online trading system of the stock exchange. Any individual or institution holding a securities trading account can participate in this subscription. ————————— This is the way we usually use (basically, the probability of winning the lottery is almost the same as that of winning the lottery ~ ~)

"Off-line subscription" refers to the subscription without going through the online trading system of the stock exchange, which is generally conducted for large institutions with a large amount of funds. Use the self-service trading system of the sales department to purchase. —————— This is only for institutions.

The probability of winning the lottery offline will be slightly higher than online, but only institutional investors can participate offline.

Online subscription adopts telephone entrustment and computer entrustment calculation, offline subscription is aimed at institutional investors, and ordinary investors can only participate in online subscription.

Offline subscription and online subscription are different shares, and there will be no situation where institutional investors have finished their subscription and small and medium-sized investors cannot subscribe.

According to the "Measures for the Administration of Securities Issuance and Underwriting", at present, offline subscription and online subscription are carried out simultaneously in China. In this way, the institutional funds participating in offline subscription can't be purchased repeatedly online, which changes the situation that institutional funds can be reused online and offline in the past, and solves the fairness problem of market concern to a certain extent.

Starting from 002, the minimum subscription for small and medium-sized stocks in Shenzhen is 500 shares, and the upper limit of each stock is different.

300 starts with GEM stocks, with a minimum of 500 shares and a different upper limit.

7 begins with Shanghai shares, with at least 1000 shares at a time.

The method of subscription is the same as that of buying stocks. In addition, the price must be the purchase price, and filling it high or low will lead to the cancellation of the bill.