As for the definition of large-cap stocks, there is no clear standard. The new shares issued in Shanghai market should be considered as large-cap stocks, while the new shares issued in Shenzhen market are small and medium-sized board and GEM stocks, which are generally smaller.
The subscription procedure is as follows:
1, subscribe
XX shares will be issued in Shanghai Stock Exchange on June 1 at the issue price of 5 yuan/share. On June 1 day (T-day), Zhang San can use this 500,000 yuan to buy up to 654.38+10,000 shares of XX through the entrustment system from 9: 30 am to1:30 am or 1 ~ 3 pm. The funds participating in the subscription will be frozen.
Step 2 match the number
On the second day after the subscription date (T+ 1), SSE will issue new shares according to the effective subscription amount: (1) If the effective subscription amount is less than or equal to the online circulation, there is no need to shake the number, and all distribution numbers are lottery numbers, and investors will subscribe for shares according to the effective subscription amount;
(2) If the number of subscriptions is greater than the online circulation, the effective subscription winning numbers shall be determined by drawing lots, and each winning number shall subscribe for a new subscription unit share. Subscriptions often exceed circulation.
Step 3 win the lottery
The winning rate will be announced on the third day (T+2) after the purchase date, and the winning result will be confirmed by the lead underwriter according to the total allocation number. The winning result will be announced in the designated media on the first trading day (T+3) after the lottery. Each winning number can subscribe for 1000 new shares.