What are the conditions for a stock to issue new shares?

Steps/methods

Now, when purchasing new shares, the system will allocate the quota according to the market value of the shares held by the account, and only when the quota is available can the subscription be made. The quota allocation rules are as follows: Assuming that T day is the subscription day, the system will automatically calculate the daily average stock market value in the account from T-2 to the first 20 trading days. Only when the average daily stock market value reaches more than 654.38+00000 yuan will it be allocated to this account. The market value of 654.38+0000 yuan can be subscribed for 654.38+0000 shares, and the market value of 20000 yuan can be subscribed for 2000 shares.

In addition, the Shanghai and Shenzhen markets are calculated separately. To purchase new shares issued by Shenzhen Stock Exchange, you must have the listed market value of Shenzhen Stock Exchange, and to purchase new shares of Shanghai Stock Exchange, you must have the listed market value of Shanghai Stock Exchange.

Purchase process

Investor subscription (subscription date): Investors pay the subscription money in full at the time of subscription and entrust the subscription.

Freeze of funds (the first day after subscription): China Clearing Company will freeze the subscription funds.

Number of capital verification (the second day after subscription): According to the final useful subscription amount, the business hall assigns a number for every 65,438+0,000 shares (500 shares in Shenzhen Stock Exchange), and the system host automatically assigns numbers to valid subscriptions in a unified and continuous manner.

Lottery (the third day after purchase): release the winning rate, organize the lottery according to the total number of people and the winning rate, and release the winning rate the next day.

Release the winning number and unfreeze the funds (the fourth day after subscription): unfreeze the subscription money that has not been won.