1. You need to hold unrestricted A shares in Shenzhen market or Shanghai market, which means you need to have more than 10000 yuan to participate in the subscription of new shares.
2. The subscription number of new shares shall not exceed the subscription limit stipulated by the underwriter, and shall not exceed the number of subscribed new shares corresponding to the holding market value.
3. An account can only be used to subscribe for new shares. For multiple subscriptions, only the first subscription is valid.
New share subscription process
Day 1 day, t: Prepare sufficient funds, subscribe for new shares through the securities account, and place an order to buy (the same as the menu of buying stocks). The number of stocks in Shanghai stock market needs to be an integer multiple of 1000 shares, and the number of stocks in Shenzhen stock market needs to be an integer multiple of 500 shares. If there are multiple delegates, only the first delegate is valid. The subscription time in Shanghai stock market is 9: 30-11:30 on T day; 13:00- 15:00; The subscription time in Shenzhen is 9:15-11:30 on T: 13:00- 15:00。
2.T+ 1 day: funds are frozen, verified and numbered. China Clearing Company will freeze subscription funds. According to the final effective subscription amount, the exchange assigns a number to every 65,438+0,000 shares (500 shares in Shenzhen), and the trading host automatically assigns a unified and continuous number to the effective subscription.
3, T+2 days: lucky draw. Announce the winning rate, and organize the lottery according to the total number of people and the winning rate, and announce the winning results the next day.
4. On T+3 (usually after liquidation on T+2), you can check whether the lottery won the prize. If not, the money will be returned to the account. Winning customers can trade winning shares on the day of IPO.
Skills of playing new shares
1, we should make a general positioning study on the upcoming new shares. Before IPO, studying the prospectus should be a "homework" that must be done before subscription. By comparing with listed companies in the same industry, especially those with similar share capital structure, combined with the current market situation, the approximate secondary market positioning is estimated, so as to calculate the premium rate of new shares on the first day of listing.
2. When more than two new shares are issued online at the same time, unpopular stocks (of course, not stocks with poor fundamentals) should be given priority in order to obtain a higher winning rate. Retail investors with less funds should actively participate in the subscription of new shares of super-large-cap stocks. Because the winning rate of large-cap new shares is significantly higher than that of small-cap stocks.
3. attack a new stock in the whole warehouse. For example, 3-5 new shares will be issued at the same time in one week, and 1 Man Cang will be selected for subscription, so as to improve the winning rate. Based on the recently announced average winning rate of 8 new shares of 0.564%, 1 10,000× 0.564% = 5640 yuan, which shows that the subscription of new shares of 1 10,000 yuan can just win 500 shares or 1 10,000 new shares according to the average winning rate in the current market. However, if investors divide the 6.5438+0 million yuan into three parts and apply for three new shares respectively, it is possible that none of them will win. Therefore, it is suggested that investors within 654.38+0 million yuan attack new shares.
4. Choose a reasonable time to place an order. According to historical experience, placing an order at the opening or closing time has a small probability of winning the bid. It's best to buy in the middle time period, such as10: 00-1:00 and 1: 30-2: 30 in the afternoon.
5. Among the new shares with similar nature, the stocks with higher prices are relatively more cost-effective.
6. The probability of the front and the back in the process of new stock lottery is relatively small, and the number in the middle is relatively easy to shake.