Within the upper limit of one thousandth, the purchaser can choose how many shares to purchase, provided that the funds are sufficient. For example, if the issue price of a stock is 5, and investors want to subscribe for 100 shares, that is, 50,000 shares, then they need to take out 250,000 shares to subscribe. After the subscription, the funds will be temporarily frozen, and investors will get 100 numbers at the same time.
In the next few days, lots will be drawn. If one of the investor's 100 numbers is lucky to be drawn, then the investor will win the bid. For example, investors won five numbers, which is 2500 shares. The funds corresponding to the remaining 95 numbers, namely 237,500 yuan, will be returned to the investor's account.
Extended data:
Introduction of new shares lottery:
Because there are many people who subscribe for new shares and have a lot of money, but the number of issues is limited, it is impossible to have all of them. Because the subscription is based on every 65,438+0,000 shares, and every 65,438+0,000 shares is a subscription unit, you will get a subscription number and then come back with a lottery number. Investors will compare numbers, some will win the lottery, and some will not win.
Based on the issuable amount/total subscription amount, the winning rate of new share issuance is obtained. The lower the winning percentage, the less likely it is to win. Funds are different from new shares, and the issuance of new funds can be shared by everyone. The winning rate is calculated as above, assuming that the winning rate is 10%, then if you invest 10000, 1000, you can successfully purchase the fund, and so on.
Baidu encyclopedia-stock lottery
Baidu encyclopedia-winning new shares