1 Full payment is required: before the subscription of new shares, the subscription funds shall be fully deposited into the fund account. That is, how much money is in our account to subscribe for new shares, and the Shanghai and Shenzhen stock markets can pay after the lottery.
Proportional distribution: the more subscriptions, the more distribution. Different from the lottery of new shares in Shanghai and Shenzhen stock markets, the new shares of the North Stock Exchange are placed in proportion, which means that the more shares subscribed by investors, the greater the probability of winning.
3 Every 100 share is regarded as a subscription unit.
4 No market value is required: qualified, as long as we open the trading authority of the North Exchange, we can apply. Unlike the Shanghai and Shenzhen stock markets, we also need to meet the requirements of daily average market value.
There is no price limit on the first day of listing of the company of North Exchange. However, in order to reduce the irrational trading of investors, a temporary suspension mechanism will be implemented for stocks without price limits. When the intraday trading price of the stock rises or falls by 30% or 60% compared with the opening price for the first time, the stock will be suspended temporarily for 10 minute each time, and the stock will resume trading in call auction mode, and trading will continue on the same day after the resumption.
As for the future price limit, according to the trading rules, the 30% price limit implemented by the North Stock Exchange is much looser than the 10% price limit implemented by the Shanghai and Shenzhen stock exchanges, which can give the market sufficient price game space. But it also means that the risk will be greater, and we need to have a strong risk tolerance.