1, subscribe
XX shares will be issued on the 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+2), 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 amount, there is no need to draw lots, all allocation 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+3 days) after the subscription 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+4 days) after the lottery. Each winning number can subscribe for 1000 new shares.
4. Unfreeze funds
On the fourth day (T+4) after the subscription date, unfreeze the unsuccessful subscription. If Zhang San wins 1 1,000 shares, then 495,000 yuan will be returned to the account. If he doesn't win the lottery, all 500 thousand will be returned. Investors should also note that the issuer can call back the number of online issues and the number of offline issues according to the subscription situation, and finally determine the number of shares allocated to institutional investors and public investors.
(2) Rules for subscription of new shares:
1.T-2 (including the first 20 trading days), you must hold at least 654.38 million yuan of unrestricted A-share market value every day before you can subscribe for new shares. Shanghai and Shenzhen are calculated separately;
2. All accounts with the same name and ID number (including margin financing and securities lending accounts) are combined to calculate the T-2 market value;
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; How many shares can you subscribe in your account? The trading software will prompt you when placing an order.
4. Only accounts with market value can be purchased. Shanghai can buy it in an ordinary or credit account, and Shenzhen can buy it in an ordinary or credit account. Only the first order is valid (bought at the issue price) and cannot be revoked;
6. It is worth noting that customers do not need to freeze funds in advance when purchasing, but need to pay after winning the prize.
7. It is also very important that if the customer fails to pay the corresponding subscription fee after winning the lottery for three times, the subscription function of new shares will be suspended for half a year. According to the latest news, 10 companies will apply in two weeks. According to the rules, the average market value of t-2 in the first 20 days. If you want to draw more numbers, you need to improve your position and get more numbers recently.
Extended data:
The face value and market value of stocks are often inconsistent. The stock price can be higher or lower than the face value, but the price of the initial stock issue is generally not lower than the face value. The stock price mainly depends on the expected dividend, the bank's interest rate and the relationship between supply and demand in the stock market. The stock market is a volatile market, so is the stock price.
The market transaction prices of stocks mainly include: opening price, closing price, highest price and lowest price. The closing price is the most important, which is the basic data used to study and analyze the stock market and suppress the stock market trend chart.
References:
Baidu encyclopedia new share subscription