What are the requirements for subscription of new shares?
Subscription of new shares shall meet the following conditions:
1 has a stock account;
There is a corresponding market subscription quota on the subscription date. The subscription amount is calculated according to the principle of market value placement. 20 trading days before the subscription, the market value of the shares in the account exceeded 654.38 yuan+0,000 shares, with the market value of 654.38+0,000 shares in Shanghai Stock Exchange and 500 shares in Shenzhen Stock Exchange, Growth Enterprise Market and science and technology innovation board Stock Exchange.
If you subscribe for new shares on the science and technology innovation board or the growth enterprise market, you must also open relevant permissions.
To subscribe for new shares in science and technology innovation board, investors also need to have more than two years of stock investment experience, and the average daily stock assets in the first 20 trading days are not less than 500,000;
To subscribe for new shares on GEM, investors need to have more than two years of stock investment experience, and the average daily stock assets in the first 20 trading days are not less than 654.38+ 10,000.
New share subscription process:
1T date: investors prepare sufficient funds through securities accounts to subscribe for new shares and buy entrustment. If multiple consignments are only valid for the first consignment, the order cannot be cancelled after the consignment starts.
2T+ 1 day: funds are frozen, verified and numbered. According to the final effective subscription amount, the exchange assigns a number to every 65,438+0,000 shares (500 shares in Shenzhen), and the trading host automatically assigns a unified and continuous number to the effective subscription.
1T+2 days: lucky draw. Announce the winning rate, and organize the lottery according to the total number of people and the winning rate, and announce the winning results the next day.
2T+3 days: The investor inquires whether the lottery is won, and if not, the money will be returned to the account. Winning customers can trade winning shares on the day of IPO.
The above are the conditions and procedures for subscription of new shares. The first day of IPO does not necessarily mean that you will get a good return on investment, and the risk of breaking still exists. Therefore, investors should consider whether they have enough risk tolerance before applying for new shares.