Does Beijing Stock Exchange need funds to subscribe for new shares?

If you want to subscribe for new shares in the North Exchange, you must prepare the funds. The so-called subscription of new shares is actually the so-called innovation. A new concept is that a new company is going to be listed on the stock market, and someone needs to buy its shares before it is issued. To put it bluntly, it is the pre-sale system. When you sign a new contract, which is called the lottery, this time is actually equivalent to the signing of a house purchase agreement between the two parties. You have to pay someone else to complete the transaction, because both parties have actually given a promise when signing the agreement. The other party gives you shares, and you need to give the money to others to complete the financing. This is the so-called stock market trading.

In the past, the subscription of A shares and new shares needed to freeze funds. Later, the reform became that only the market value was needed, and there was no need to freeze funds. However, the subscription of new shares in some sectors is not a lottery model, such as the North Stock Exchange. Then, do you need to freeze the funds for the subscription of new shares of the North Stock Exchange? The subscription of new shares of the North Stock Exchange needs to be frozen, how much cash must be prepared for the subscription of new shares, and the subscription funds should be frozen during the subscription period. After the subscription, after deducting the funds needed for subscription of new shares, the rest will be returned to investors. For example, the issue price of a new share is 10 yuan, and you subscribe for 10000 shares, so the frozen funds are 1000 yuan, and finally 10000 shares are signed, so after the subscription is completed, the funds of10000 yuan are deducted to buy new shares, 99.

The lottery rule of the North Exchange is "proportional placement, time first". Proportional placement and time priority make it possible for everyone to obtain new shares, at least 100 shares (with 100 shares as the trading object). Of course, if you subscribe too enthusiastically, you may not win any. In the case of a hot subscription market, it is possible that none of them can be obtained. But as long as you subscribe early, you still have a chance to get 100 shares.

After reading the above introduction, I believe that everyone has a more comprehensive understanding of whether it is necessary to freeze funds in the subscription of new shares of the North Stock Exchange. Finally, I'd like to remind you that if you want to buy shares of the North Exchange, you must open its authority. The threshold of the trading authority of the North Exchange is 500,000 yuan of assets.