What are the conditions for subscription of new shares?

As we all know, the continuous daily limit of new shares is related to the overall market environment of new shares listing. According to the lottery rules of new shares, investors who want to participate in the subscription of new shares need to know the minimum number of shares required for listing. Moreover, on the subscription date, there must be available funds for subscription of new shares. So, what are the conditions for the subscription of new shares?

The subscription rules for new shares are as follows:

For investors, an ID number can only be drawn once and then paid. In other words, as far as a new share is concerned, a securities account can only be subscribed once. Moreover, the account number cannot be purchased repeatedly or cancelled. In addition, investors must hold the market value of unrestricted A shares in Shenzhen market or Shanghai market above 65,438+0,000 yuan to 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.

What investors need to understand is that if they do not abide by the rules for subscription of new shares or make mistakes when placing orders, the subscription will be considered invalid. Now, when purchasing new shares, the system will allocate the quota according to the market value of the shares held by the account, and only when the quota is available can the subscription be made.