How many days will the subscription funds for new shares of Beijing Stock Exchange be unfrozen?

If there is no lottery, it will be automatically thawed for two or three days. T+2 days unfreeze the frozen funds of non-winners, and 5 days later return the frozen funds of winners.

Note that stock accounts may not be frozen for a long time and will only be listed as dormant accounts. Generally speaking, a dormant account will be dormant if it does not hold any stocks in the stock account and has not conducted any transactions for more than two years. Generally, the original stock account can be reused as long as it is dormant in the securities company.

As for freezing, it will be frozen under special circumstances. For example, stock account holders request securities companies to freeze their accounts for some reason, or judicial documents issued by relevant judicial organs require that stock accounts be frozen according to law.

From T to T+3, all subscription funds will be frozen. If the lottery wins, the system will automatically deduct this part of the lottery funds, and other funds will automatically return to the fund account on T+4. It is worth mentioning that the winning money cannot subscribe for other new shares.

According to the rules of the Exchange, the winning rate will be announced, and the lead underwriter will preside over the lottery to confirm the winning result according to the total allocation number, and the winning result will be announced in the designated media on the first trading day (T+2) after the lottery. In China, each winning number can subscribe for 1000 shares (Shanghai Stock Exchange) or 500 shares (Shenzhen Stock Exchange).

Because there are many people who subscribe for new shares and have a lot of money, but the number of issues is limited, it is impossible to have all of them. Because the subscription is based on every 65,438+0,000 shares, and every 65,438+0,000 shares is a subscription unit, a subscription number is obtained, and then a lottery number is drawn. Investors will compare numbers, and some will win the lottery. If not, they won't win.

Based on the issuable amount/total subscription amount, the winning rate of new share issuance is obtained. The lower the winning percentage, the less likely it is to win. Funds are different from new shares, and the issuance of new funds can be shared by everyone. The winning rate is calculated as above, assuming that the winning rate is 10%, then if you invest 10000, 1000, you can successfully purchase the fund, and so on.