2. As it is stipulated that each stock will have a subscription limit (number of shares), the subscription limit (number of shares) * 10 is the market value to be allocated for the subscription limit.
3. The proportion of online issuance is not less than 50%, so the proportion of online issuance of most stocks to retail investors is far less than 50%.
Extended data:
In other words, you must buy stocks as the bottom position of the account, which means that only by buying stocks can you play a new market value as A shares, and funds and convertible bonds are not allowed. Translated into Chinese, you need to buy a certain number of stocks to play new ones.
Playing new shares is a lottery game. The system will fairly allocate how many new shares you can play according to the market value of your stock account, and then draw lots to decide who can play and who can't. This is a very fair game. Of course, besides luck, you have to be qualified to buy it.
What's more, the winning rate of A shares is extremely low, with an average winning rate of 0. 12%. Some investors have made profits for two years in a row. Therefore, fighting for new A shares is basically a matter of luck. Everyone thinks that signing several times a year is God's love. Ants will certainly have a lot of people rushing up together, which will easily lower the winning rate.
A-share investors in the science and technology innovation board have been opened, so they can play a new game by the way without losing money. Investors without authority can also turn to the Hong Kong stock market to buy ant stocks.
Generally speaking, it is not easy for Ant Group to make new A shares. If you just started the science and technology innovation board, you may not have the luck to win the lottery. But if you don't want to buy a new one, just wait for the ants to go public. You can wait patiently for the ants to go public.