Can I subscribe for new shares on the day of opening a new securities account?

You can subscribe for new shares, but you can't buy GEM.

New share subscription process:

(1) Investor subscription (on the day of subscription of new shares): The investor pays the subscription money in full within the subscription time, and makes the subscription entrustment.

(2) Freezing of funds (the first day after subscription): China Clearing Company will freeze the subscription funds.

(3) Capital verification and numbering (the day after subscription): The Exchange will automatically assign a number to the valid subscription according to the rule of assigning a number to every 65,438+0,000 shares (500 shares in Shenzhen Stock Exchange).

(4) Lottery (the third day after purchase): announce the winning rate, organize a lottery according to the total number of people and the winning rate, and announce the winning results the next day.

(5) Announce the winning number and unfreeze the funds (the fourth day after the subscription): unfreeze the unsuccessful subscription.

Note: Except for individual new shares in the above process (see the prospectus published on this website when issuing new shares for details).

Tip: the above date is the date of publication, and the winning rate and winning number can be inquired on this website one day in advance.