1. Four-day subscription process: (use * * * when issuing with Hong Kong stocks)
(1) On the day of subscription (T+0), investors subscribe.
(2) On the first day after the subscription date (T+ 1), the stock exchange will freeze the subscription funds in the subscription account.
(3)(T+2), the stock exchange cooperates with underwriters and accounting firms to verify the subscription funds, continuously allocate numbers according to the availability of funds, and announce the winning rate through satellite networks.
(4)(T+3), the lead underwriter shakes the number and announces the winning result.
(5)(T+4), unfreeze the unsuccessful subscription.
2. Three-day subscription process:
(1) On the day of subscription (T+0), investors subscribe.
(2) On the first day after the subscription date (T+ 1), the Exchange will conduct capital verification.
(3)(T+2) Shake the number to announce the winning result.
(4)(T+3) Unfreeze the unsuccessful subscription.
Note: The number of winning shares will be collected after the market closes the night before IPO.
According to the market value of T-2 account, quantity: SZSE 5000 yuan, one quantity, 500 shares/unit.
Shanghai 10000 yuan is the allocated quantity, 1000 shares/quantity.
New share subscription rules:
Investors should first understand the minimum number of shares required for listing new shares; Secondly, it should be noted that as far as new shares are concerned, a securities account can only be subscribed once. Moreover, the account number cannot be purchased repeatedly or cancelled. Remember the purchase code before buying. If there is an error or violation of the above rules when placing an order, it will be regarded as invalid subscription.