According to the rules of the Exchange, the winning rate will be announced, and the lead underwriter will preside over the lottery to confirm the winning result according to the total allocation number, and the winning result will be announced in the designated media on the first trading day (T+2) after the lottery. In China, each winning number can subscribe for 1000 shares (Shanghai Stock Exchange) or 500 shares (Shenzhen Stock Exchange).
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To subscribe for new shares, you must first have a subscription limit. The calculation methods of Shenzhen and Shanghai stock markets are a little different. The average trading volume in Shanghai stock market is 10000, not even a sign of 1000 shares. Shenzhen takes 5000 as a symbol, and each symbol has 500 shares. Less than 5000 shares do not count.
There are two requirements to subscribe for new shares: one is to have enough available funds, and the other is to prepare the corresponding market value. That is to say, if you want to subscribe for new shares in Shanghai, and the subscription date is set to t, 2, the average market value of A shares in Shanghai in the first 20 trading days needs to be greater than or equal to 1 ten thousand yuan, and you can get 1 subscription unit for every 1 ten thousand yuan market value, and Shanghai 1 subscription unit can subscribe for 1 new shares.
There is only one difference between Shenzhen's statement and other regulations in Shanghai: 5000 Shenzhen stock markets can buy 1 subscription unit, and 1 subscription unit can buy 500 new shares in Shenzhen stock market. The value of Shenzhen also needs more than 10000 to buy.