There are differences between subscription units.
The Shanghai Stock Exchange stipulates that the subscription unit is 1 1,000 shares, and the subscription number of each account is not less than 1 1,000 shares, and the number exceeding 1 1,000 shares must be an integer multiple of 1 1,000 shares; The Shenzhen Stock Exchange stipulates that the subscription unit is 500 shares, and the subscription number of each account is not less than 500 shares. The number of shares exceeding 500 must be an integer multiple of 500 shares. Each valid ordering unit corresponds to a matching number.
Subscription time
Subscription time in both cities is 9: 30 am ~11:30 am and 1: 00 ~ 3: 00 pm.
An account can only be purchased once.
In terms of the number of subscriptions, the Shanghai and Shenzhen Stock Exchanges clearly stipulate that the subscription of funds follows the principle of "once declared, the order cannot be withdrawn". Each securities account can only be subscribed once, and multiple subscription instructions of the same securities account are considered invalid except for the first subscription.
How to subscribe to China International?
Assuming that Zhang San's account has 1 10,000 yuan in cash, the number of online issuance determined by China Engineering Corporation is 48 million shares, and the issue price is 10 yuan/share. The subscription procedure is as follows:
A. To subscribe for Zhang San, you can subscribe for up to 1 1: 30 or 6:5438+0:00 to 3: 00 on June 5th (T) through the entrustment system. The 1 ten thousand yuan subscribed by Zhang San was immediately frozen.
B. Match number: Match number according to the total effective subscription amount on June 7th (T+2nd), and Zhang San can get 20 1 match number.
C. announce the winning rate and winning number.
The winning rate will be announced on June 8th (T+3rd), and the lead underwriter will preside over the lottery to confirm the winning result according to the general allocation number. The winning result will be announced in the designated media on June 9th (T+4th) after the lottery. Each winning number can subscribe for 500 new shares.
If Zhang San has a lottery number of 1, he can subscribe for 500 shares of Zhonggong International.
D. Lottery subscription and fund unfreezing
On June 9 (T+4), the winning part of the funds in the shareholder's account will be automatically deducted, and the subscription money of the non-winning part will be automatically unfrozen. If there is a number of 1 in the lottery, and Zhang San can subscribe for 500 shares of Zhonggong International, then 1 10,000 yuan will be automatically returned to the account. If you don't win the prize, all the funds of 1 ten thousand yuan will be returned.