What are the consequences of abandoning new shares?
Investors who have drawn lots for three times (including new shares and bonds) in a row for 12 months, but have not paid the subscription funds in full, will be included in the restricted subscription list, and shall not participate in online subscription of new shares and bonds from the day after their last abandonment of subscription 180 (including the next day). Therefore, the number of times to abandon the subscription of new shares cannot exceed 3 times, otherwise the subscription of new shares will be restricted.
New shares are frequently abandoned, mainly because investors are not familiar with the subscription process under the new regulations, which leads to winning the lottery without knowing it. In fact, many brokers have set up special zones for subscription of new shares in their trading software, which investors can use to inquire about subscription and winning lots.
Generally, after the new shares are won, there will be a corresponding SMS notification, and the login trading software will pop up a reminder. To be on the safe side, on the day when the new shares are drawn, we will ensure that there are enough funds in the account of no more than 16: 00 to pay for the new shares, whether it is the funds sold that day or the funds transferred from the bank. Until the next day, if you see the balance of new shares in your account, it will prove that this new fight has been successful.
Many people think that there is basically no risk in playing new shares, but it is not. Playing new shares also has the risk of stock breaking, that is, the stock price falls below the issue price. When the stock breaks, investors can sell it on the day of listing to reduce losses. If the stock does not break and continues to rise, then the timing of selling new shares depends on the actual situation and market conditions of individual stocks.
Finally, remind investors that the stock market is risky and investment needs to be cautious.