How to distribute the insufficient rights issue?

The rights issue is proportional, according to the number of shares, not the number of hands. If there is less than one share, it is usually rounded off. However, if rounded, the actual allocation may be greater than the planned allocation. Therefore, the problem cannot be solved in a "one size fits all" way.

So, how to make the total number of actual rights issues equal to the total number of planned rights issues? In general, the number of planned rights issue must meet the rights issue investors with 9, 8, 7, 6 and 5 after the decimal point in turn. For example, if the planned allotment number can meet the allotment holders of 56.9 shares, 56.8 shares, 56.7 shares, 56.6 shares and 56.5 shares in turn, then these allotment holders will carry out allotment according to the rounding method, that is, they all own 57 allotment shares, but the result will often cause the planned allotment number to be inconsistent with the actual allotment number, so in fact this method has long been rejected. If the planned rights issue can only meet the rights holders of 56.9 shares, 56.8 shares and part of 56.7 shares in turn, then the rights holders of 56.7 shares will be randomly selected, that is to say, the rights holders of part of 56.7 shares can not be allocated according to the rounding method, and only 56 shares can be allocated.

I hope the answer can help you, and I wish you a smooth investment.