The establishment of the North Exchange has attracted the attention of many investors, and the innovation of the North Exchange has also become a hot topic for many people. Of course, the North Exchange also has its own subscription rules. The following are Bian Xiao's rules for the subscription of new shares of the Beijing Stock Exchange, which are for reference only, and I hope to help you.
What are the subscription rules for issuing new shares in Beijing Stock Exchange?
1, there is no need to prepare market value.
The select layer of the New Third Board (the company to be listed on the North Stock Exchange in the future) does not need to prepare the market value in advance, so it can participate in the subscription of new shares even if it has not bought shares, which is different from the way that the main board, Growth Enterprise Market and science and technology innovation board all adopt the market value allotment.
2. Need to freeze funds
Specifically, how much cash you need to prepare to buy new shares, and the subscription funds are frozen during the subscription period. After the subscription, after deducting the funds needed for subscription of new shares, the rest will be returned to investors.
3. The winning rule is "proportional delivery, time first"
This is a major feature of the subscription of new shares by the select layer of the New Third Board (companies listed on the North Stock Exchange in the future), which is a bit like the lottery rules for Hong Kong stocks to subscribe for new shares, but it is not exactly the same. For example, placing and giving priority to time make it possible for everyone to win new shares, at least 100 shares (with 100 shares as the transaction object). Of course, if the subscription is too enthusiastic, none of them may be won.
To open the authority of the North Exchange, individual investors need to meet two conditions. First, the assets in the securities account and capital account in the 20 trading days before the opening of the application authority shall not be less than RMB 500,000 per day (excluding the funds and securities that investors integrate through margin financing and securities lending); Second, engaged in securities trading for more than 24 months.
How to make new shares of Beijing Stock Exchange?
1, there is no need to prepare market value.
The main board, growth enterprise market and science and technology innovation board all adopt the way of market value placement. In other words, you must hold the market value of listed companies corresponding to the new stock exchange in order to participate. The higher the market value, the more matching numbers you can get, and the higher the probability of new shares. Of course, once the market value exceeds the amount required for the top placement, the extra market value is temporarily useless. The select layer of the New Third Board (the company listed on the North Stock Exchange in the future) does not need to prepare the market value in advance, and even if it has not bought any stocks, it can still participate in the subscription of new shares.
2. Funds need to be frozen.
This is the same as the previous regulations of Shanghai Stock Exchange and Shenzhen Stock Exchange in the subscription of new shares. The reason why the frozen funds were cancelled at the beginning was to avoid the "blood draw" effect on the duration of each new share subscription. However, the funds of the New Third Board are not much, so it is unlikely to be affected by this, so the method of freezing funds is still used. Specifically, how much cash you need to prepare to buy new shares, and the subscription funds are frozen during the subscription period. After the subscription, after deducting the funds needed for subscription of new shares, the rest will be returned to investors.
For example, the issue price of a new share is 10 yuan, and Li Si subscribes for10,000 shares, so the frozen fund is10,000 yuan. In the end, Li Sizhong won 1 1,000 shares. After the subscription, he deducted 1 1,000 yuan to buy new shares and returned Li Sizhong 90,000 yuan.
3. The winning rule is "proportional delivery, time first"
This is a major feature of the subscription of new shares by the select layer of the New Third Board (companies listed on the North Stock Exchange in the future), which is a bit like the lottery rules for Hong Kong stocks to subscribe for new shares, but it is not exactly the same. For example, placing and giving priority to time make it possible for everyone to win new shares, at least 100 shares (with 100 shares as the transaction object). Of course, if the subscription is too enthusiastic, none of them may be won.
To sum up, the North Exchange is a newly established exchange this year. There are many new shares listed, and there are naturally many investment opportunities. However, investors are advised to invest cautiously. After all, it is prudent to enter the market for venture capital.
What method can be used to issue new shares in Beijing Stock Exchange?
The first batch of selected new shares of Beijing Stock Exchange will be purchased online on June 8 10. Investors of Beijing Stock Exchange should pay attention to the following points when playing new shares online:
1. The more subscriptions, the more allocations.
2. If the subscription time is earlier, the success rate of "playing new" is high, and at least 100 shares are allocated.
3. Set a large number of subscriptions, and there is no market value requirement.
It should be noted that the "new" payment time and amount of the selected layer of the New Third Board are inconsistent. There is no need to pay fees when the main board and the science and technology innovation board are "new", and the fees will be paid according to the amount corresponding to the number of shares won after the lottery is determined; When the New Third Board is "new", the subscription funds will be paid in full, and the excess part will be returned after the number of rights issues is determined. The interval between payment and refund is about two trading days.
On the first day of listing, there was no limit on the price of new shares of the North Stock Exchange, and a temporary suspension mechanism was implemented. When the intraday trading price rises or falls by 30% or more than 60% compared with the opening price for the first time, the intraday trading will be suspended for 65,438+00 minutes, and call auction will be conducted when the trading resumes. The minimum number of trading declarations is 65,438+000 shares, and each declaration can increase by 65,438+0 shares. Investors who want to invest in the North Exchange need to open the authority of the North Exchange first.