Only in the first 20 trading days of 1 and T-2 (inclusive), when the market value of A shares is 654.38+0,000 yuan per day, can new shares be subscribed, and the Shanghai and Shenzhen stock markets are calculated separately;
2. If a customer has more than one custody of the same securities account, its market value shall be calculated together. Where a customer holds more than one securities account, the market value of the multiple securities accounts shall be calculated together. Consolidated calculation of market value of credit securities accounts of margin customers.
3. Shanghai can subscribe for 1 1,000 shares with a market value of 1 1,000 yuan, and Shenzhen can subscribe for 500 shares with a market value of 5,000 yuan;
4. You can only buy ordinary or credit accounts with market value in Shenzhen. Only accounts with designated transactions can be purchased in Shanghai. Customers can only place an order for the first time (buy at the issue price) and cannot cancel the order;
5. Subscription time: 9: 30-11:30/13: 00-15: 00 in Shanghai and 9:1:30/in Shenzhen.
6. The customer does not need to pay the subscription funds at the time of purchase. After the winning bid is confirmed on T+2, it is necessary to ensure that there are enough funds for the fund settlement of new share subscription at 16:00;
7. A customer who won the lottery but didn't pay in full is deemed to have given up the subscription. If you have won the lottery for 12 months in a row, but give up the subscription, you may not participate in the online subscription of new shares within six months from the day after the last abandonment (calculated by 180 natural days, including the next day).
From the details of the new rules, we can know that there are obvious differences between the new rules and the old rules:
1, explicitly cancel the prepayment mechanism. Investors do not need to pay the subscription funds when they subscribe, and then pay after confirming the winning bid.
2. "Cash on delivery". After winning the lottery for subscription of new shares, investors should ensure that there are enough funds for the settlement of subscription funds of new shares at T+2 16:00.
3. Winning the lottery 3 times in a row 12 months but giving up the subscription will be included in the "new blacklist".
According to the new regulations, once the subscription of new shares is declared, it is not allowed to withdraw the order. Investors who subscribe for many times, except for the first subscription, are considered as invalid subscriptions.