1, subscribe
XX shares will be issued in Shanghai Stock Exchange on June 1 at the issue price of 5 yuan/share. On June 1 day (T-day), Zhang San can use this 500,000 yuan to buy up to 654.38+10,000 shares of XX through the entrustment system from 9: 30 am to1:30 am or 1 ~ 3 pm.
Step 2 match the number
On the second day after the subscription date (T+ 1), SSE will issue new shares according to the effective subscription amount: (1) If the effective subscription amount is less than or equal to the online circulation, there is no need to shake the number, and all distribution numbers are lottery numbers, and investors subscribe for shares according to the effective subscription amount;
(2) If the number of subscriptions is greater than the online circulation, the effective subscription winning numbers shall be determined by drawing lots, and each winning number shall subscribe for a new subscription unit share. Subscriptions often exceed circulation.
Step 3 win the lottery
The winning rate will be announced on the third day (T+2) after the subscription date, and the winning result will be confirmed by the lead underwriter according to the total allocation number. The winning result will be announced in the designated media on the first trading day (T+3) after the lottery. Each winning number can subscribe for 1000 new shares.
4. Unfreeze funds
On the fourth day (T+3) after the subscription date, unfreeze the unsuccessful subscription. If Zhang San wins 1 1,000 shares, then 495,000 yuan will be returned to the account. If he doesn't win the lottery, all 500 thousand will be returned. Investors should also note that the issuer can call back the number of online issues and the number of offline issues according to the subscription situation, and finally determine the number of shares allocated to institutional investors and public investors.
Extended data
First, we must learn to "pursue the unpopular". When multiple new shares are issued at the same time, the unpopular new shares can be issued first. In addition, you can avoid the first share and concentrate your funds on the latter shares. For example, if three new shares are issued in three days, investors can choose to issue relatively late varieties, because most people spend their money on the new shares issued on the first day and the second day, and by the third day, most of the funds have been used up. At this time, if they subscribe for the new shares announced on the third day, the winning rate will be higher.
Second, pay attention to large-cap stocks. If multiple new shares are issued at the same time, Man Cang will be chosen to attack, which can improve the winning rate. Retail investors with less funds should boldly intervene in the subscription of new shares of super-large-cap stocks, because the winning rate of new shares of large-cap stocks is generally higher than that of small-cap stocks.
Third, choose when to place an order. Generally speaking, the success rate of placing orders at the opening or closing time is relatively low, while the success rate of placing orders between 10: 30 am and 1 1: 05 am and 1: 30 pm is relatively high.
Finally, with the help of funds and banks to play new shares to manage money. Many funds, banks and wealth management products are directly linked to new shares, and the yield is around 10%.