Because of insufficient funds, can convertible bonds be redeemed after winning the lottery?

Shenzhen stock exchange can, but Shanghai stock exchange can't. Among the convertible bonds in Shanghai Stock Exchange, the minimum unit sign-in deduction is 1 lot (10 sheet), and no deduction will be made below 1 10,000 yuan; The minimum unit of Shenzhen convertible bonds at the time of signing is 1, and less than 100 yuan will not be deducted. Regardless of new and old shareholders, the purchase price of convertible bonds is 100 yuan/piece. After trading, just like stocks, prices will fluctuate in real time.

What are the subscription procedures for convertible bonds?

1 that day. T, purchase new shares/bonds, and calculate the inquiry quantity after settlement that night;

2.T+ 1 day announces the winning rate, draws lots to form the winning result, and sends the winning result to the securities company after ringing the bell that day;

3.T+2 announces the issue price and the winning bid result. Investors will ensure that their main fund accounts have enough funds to buy new bonds at the end of the day, and will automatically pay them when they settle at night (paid funds = winning bid amount * issue price).