Retail investors refer to investors engaged in sporadic small businesses, generally referring to small investors or individual investors, as opposed to large investors.
A new share refers to a stock that has just been issued and listed and is operating normally.
Subscribing for newly listed stocks a few years ago (commonly known as issuing new shares) is a hot spot, because winning new shares at that time was like picking up a fortune in vain, and the first day of listing of new shares increased by nearly 100%. In the past two years, the popularity of new shares has declined, and even the phenomenon of new shares falling below the issue price on the first day of listing has appeared. This also makes it more reasonable for evaluation agencies to re-price new shares according to the market value law. However, at present, as soon as new shares are listed, there are several daily limit boards in succession, which makes the heat of playing new shares rise.
Question 2: How do retail investors purchase new shares and how do they purchase new shares online?
1. It must be operated on the day of online subscription.
2. Enter the trading software, select "Buy", and then enter the stock subscription code.
3. At this point, the purchase price has been automatically displayed. You only need to enter the purchase quantity, which should be in line with the regulations. For example, the Shanghai stock market must be an integer multiple of 65,438+0,000 shares, and the Shenzhen stock market must be an integer multiple of 500 shares. How much you buy depends on your economic ability. The more subscriptions, the greater the chance of winning the prize. However, the new regulations limit the subscription ceiling to no more than one thousandth of the total share capital.
4. Other operations are the same as buying stocks in peacetime.
Once the purchase operation is completed, the order cannot be cancelled. An account can only be purchased once, except for the first time, the rest are invalid.
6. After the subscription, your subscription funds will be frozen. After the fourth trading day, if you don't win the lottery, the funds will be returned to your account. If you win the lottery, the winning shares will be transferred to your account.
7. After purchase, you can find your distribution number in the distribution number of your account. If you buy 4000 shares (such as Shanghai Stock Exchange), then you have four numbers. Because the numbers are serial, only the first number is displayed, and other numbers will be known naturally. After you announce the winning number, you can also see for yourself whether you have won the lottery. It doesn't matter if you don't look. If you really win the lottery, the stock will naturally go to your account.
Question 3: Can ordinary people and retail investors buy new shares? How to buy? If you can buy it, you must have luck and know the rules, as follows:
The restart of 20 14 new shares is accompanied by a new round of reform of the issuance system. Compared with the past, many changes have taken place in the rules of new share subscription. For investors who are interested in playing new shares, they need to figure out the new "playing method" first. In addition, in the case of intensive issuance of new shares, if we can find the optimal subscription strategy of new shares, it will undoubtedly achieve twice the result with half the effort. In order to facilitate investors to purchase new shares smoothly, we collected and answered investors' questions about online subscription business, and explained the new rules of new share subscription in detail. Please pay attention to them.
Q: What are the main differences between market value subscription and previous market value placement and fund subscription?
A: Subscription by market value means that investors must hold the market value of A shares with unlimited sale conditions in Shenzhen market of more than 65,438+00,000 yuan and pay the full amount before they can participate in online subscription of new shares. At the same time, the number of investors' subscriptions cannot exceed the subscription limit set by the lead underwriter and the subscription amount corresponding to the holding market value.
Q: What are the conditions for investors to subscribe for new shares online?
A: According to the Implementation Measures for Online Issuance and Subscription, investors with a market value of over 654.38 million yuan (including 654.38 million yuan) can participate in the subscription of new shares. One subscription unit can be subscribed for every 5,000 yuan market value, and the part less than 5,000 yuan is not included in the subscription amount.
Q: What is the market value held by investors? What kind of securities does the market value placement include? Does it include transactional open index funds?
A: The market value held by investors refers to the average daily market value held by T-2 (T-2 is the subscription date, the same below) in the first 20 trading days (including T-2), including the market value of unrestricted A shares in this market, excluding preferred shares, B shares, funds, bonds or other securities. Trading open index funds are not included in the scope of subscription market value.
Q: What are the restrictions on the number of online subscriptions?
A: The online subscription quantity of investors shall not exceed the average daily market value of the 20 trading days before T-2 (including T-2), nor exceed the subscription limit set by the lead underwriter, and must be paid in full.
Q: If investors have multiple securities accounts, how should they subscribe for new shares? How to calculate the stock market value? & gt A: For each IPO, investors with multiple securities accounts can only use one account with market value to subscribe once. If you buy it multiple times, only the first purchase is valid. For investors with multiple accounts, the market value held by them will be calculated together.
Q: Can the stock market value of the day be reused? Can the subscription funds be reused?
A: The market value of the day can be reused. For example, if multiple new shares are issued on the same day, investors can repeatedly participate in the subscription of multiple new shares with determined market value. However, the subscription funds cannot be reused. After investors effectively subscribe for a stock, the corresponding funds will be frozen, and this part of the funds can no longer be used to subscribe for other new shares. If you want to subscribe for other new shares, you need to use funds that match the number of other new shares.
Q: Can investors participate in online fund subscription for initial public offering in Shenzhen only by holding unlimited A shares in Shanghai stock market with a market value of more than 6.5438+0 million yuan?
A: The market value of Shanghai and Shenzhen stock markets cannot be calculated together. The market value of Shenzhen stock market can only be used to purchase new shares in Shenzhen stock market.
An example of the process of subscription by market value is as follows:
At the same time, Company A and Company B are scheduled to make online subscription in Shenzhen Stock Exchange on T, with online circulation of 50 million shares and 20 million shares respectively. The subscription limit stipulated by the lead underwriter is 50,000 shares and 20,000 shares respectively, and the issue price is 65,438+00 yuan.
On T-2, according to the new method, only investors who own at least 654.38+0 million yuan of shares can obtain the corresponding amount of new share subscription rights. After the market closes two trading days before the subscription date, the average daily market value of the unrestricted A shares held by investor Zhang in Shenzhen Stock Exchange in the first 20 trading days (including the current day) is 209,000 yuan, and he can be allocated 465,438+0 subscription units and purchase 465,438+0× 500 = 20,500 new shares. The subscription amount is lower than the subscription limit of 50,000 shares of Company A and more than the subscription limit of 20,000 shares of Company B. Therefore, Zhang Can only subscribes 20,500 shares of Company A and 20,000 shares of Company B at most, and the excess is invalid subscription.
T day, online subscription. Zhang deposited 405,000 yuan into the capital account in full, and subscribed 20,500 shares of Company A and 20,000 new shares of Company B to Shenzhen Stock Exchange during the trading hours.
T+2 days, announce the winning rate and winning number.
......& gt& gt
Question 4: Can retail investors buy new shares when they go public? 1. It is almost impossible to buy it at present, even the next day or the third day!
2. after the 2.IPO, it is estimated that it can. Once ordinary retail investors can buy it, the situation may be bad!
3, it is better to purchase, and it is possible to win!
Question 5: Can retail investors buy new shares on the third day of listing? Lucky, basically can't buy it. If you can buy it, it means that the stock is poor.
Question 6: How do retail investors buy new shares listed on the same day and go public on the first day? The opening price is the issue price × 1.2 (rounded off), and Shenzhen and Shanghai stock markets will pay the bill before 9: 15 at the earliest; The closing price is the issue price × 1.44 (rounded off), and the bill will be paid before 9: 15 in Shenzhen and 9: 30 in Shanghai at the earliest; In the next few trading days, Shenzhen and Shanghai stock markets will pay at the daily limit price before 9: 15 at the earliest. Pay attention to the increased risk after several consecutive daily limit, and pay attention to avoid chasing the quilt cover.
Question 7: Can retail investors buy new shares at the opening? On the first day of listing, retail investors can't buy stocks, because the business departments of securities companies are VIP, and they are at the forefront of bidding. Retail investors do not participate in bidding, and they are ranked behind when submitting entrustment. Moreover, there was the biggest increase and daily limit on the first day of trading, and few people sold stocks. Therefore, it is impossible for retail investors to buy stocks on the first day.
Question 8: Why can't I buy new shares when they are listed? Why can't retail investors buy new shares? The current IPO hype is too fierce. Even if you have a lot of money and special trading channels, you may not be able to buy new shares just listed, because there is fierce competition among big funds. If you are a retail investor, you can't buy new shares that have just been listed without special channels and big funds.
Question 9: Why can't retail investors buy new shares? What bad luck
Subscribe for new shares, one is to see how much money you have. The bigger you are, the easier it is to win the lottery! But sometimes it depends on luck. Some people will win even if they apply for the number.
Question 10: How do retail investors issue new shares? At present, there are two requirements for the subscription of new shares: first, sufficient funds, and second, the corresponding market value is ready. That is to say, if you want to subscribe for new shares in Shanghai stock market, set the subscription date to T-2, and the average market value of A shares in Shanghai stock market on T-2 and the previous 20 trading days should be greater than or equal to 65,438 yuan+0,000 yuan. For every 65,438+0,000 yuan market value, 65,438+0 subscription units can be obtained, and 65,438+0,000 new shares in Shanghai stock market can be subscribed by 65,438+0 subscription units.
Shenzhen's words are the same as other rules in Shanghai, except for one difference: deep shares with a market value of 5,000 can get 1 subscription units, and 1 subscription units can subscribe for 500 new deep shares. The value of Shenzhen also needs more than 10000 to buy.
The subscription process of new shares is as follows:
On 1.T, investors should prepare sufficient funds to subscribe for new shares through securities accounts, and place an order for purchase (the same as the menu for 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 it exceeds the quantity that can be purchased, it will be invalid. 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: fund freezing, capital verification and number matching. 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.T+3 days (usually after liquidation on T+2 days) can be used to check whether the lottery won or not. If the lottery did not win, the money will be returned to the account. Winning customers can trade winning shares on the day of IPO.
It is best for investors to have a deep understanding of the stock market when they enter the stock market. You can use a Niugubao mobile phone market software to see, there are some basic knowledge materials of stocks worth learning, and you can also track the learning of cattle people inside and establish your own mature knowledge and experience in stock trading. I wish you a happy investment!