2. The difference between full subscription and insufficient subscription of new shares: First, full subscription requires more investment, and the winning rate is relatively high. If the funds are sufficient, it is best to subscribe in full. Subscription: 1. Subscription refers to the behavior of investors applying for purchasing fund shares during the duration of fund establishment and the subscription opening period. 2. After the fund is closed, if you apply to buy an open-end fund, it is customarily called fund subscription to distinguish it from subscription during the issuance period. The subscription of the fund is to buy. Listed closed-end funds are bought in the same way as ordinary stocks. 3. Open-end fund is the number of units you want to buy divided by the net value of the fund on the day of purchase.
1. New regulations for subscription of new shares, how much market value is required for full subscription?
According to the regulations of Shenzhen Stock Exchange and Shanghai Stock Exchange, the maximum number of shares purchased online is one thousandth of the number of shares issued online by relevant companies. When the market value is sufficient, investors purchase shares according to one thousandth of the number of shares issued by listed companies, which is generally called top-level subscription. The subscription process of new shares is as follows: 1. Investors prepare the full amount of funds on the T day, purchase new shares through the securities account, and entrust the purchase (the same as the menu of buying stocks). The number of shares in Shanghai stock market needs to be an integer multiple of 1000 shares, and the number of shares in Shenzhen stock market needs to be an integer multiple of 500 shares. If the subscription limit is exceeded, all orders will be cancelled. If there are multiple delegates, only the first delegate is valid. The subscription time in Shanghai stock market is 9: 30-11:30 on T day; 13:00- 15:00; The subscription time in Shenzhen is 9:15-11:30 on T: 13:00- 15:00。 2.T+ 1 day: funds are frozen, verified and numbered. China Clearing Company will freeze subscription funds. 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. 3, T+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. 4. On T+3 (usually after liquidation on T+2), you can check whether the lottery won the prize. If not, the money will be returned to the account. Winning customers can trade winning shares on the day of IPO.