The winning rate for new Hong Kong stocks is much higher than that for A-shares. The main reason is the fair distribution mechanism of "the more you subscribe, the more you get". Investors in new Hong Kong stocks usually base their participation on the number of subscriptions. The number of lots is divided into various levels, and each level is allocated the same number of stocks. Moreover, Hong Kong stocks hope that each subscriber can get one lot. Everyone gets one lot first, and the remaining stocks are distributed according to the principle of decreasing .

In summary, there are a few points:

1. As long as you invest enough money, Hong Kong stocks can guarantee that you will win the lottery. This situation does not exist in A shares. of.

2. Separate subscriptions may have a higher allocation rate than centralized subscriptions. If you have a large amount of funds, assuming you have enough to subscribe for 1,000 lots, you can be sure to win only 1 lot if you subscribe at once. But if you spread the funds into 100 lots, each 1 lot can be purchased through an account. If so, then your probability of winning one lottery per hand is 1.9%. You have 100 chances, so your overall probability of winning will be higher than a one-time subscription with a large amount of money. Therefore, remember that the purpose of the Hong Kong stock market is to try to allow every participant to win the lottery. This system is very friendly to those low-dollar participants.

Extended information:

New rules for Hong Kong stocks

1. The subscription time for each new stock is not consistent, and investors need to pay attention to the new stock subscription information. The subscription and deadline times for Hong Kong stocks will be notified before they open for subscription.

2. The winning results of Hong Kong stocks will be announced on the trading day before the company is officially listed, and will be allocated to the account before the listing. The winning rules for new Hong Kong stocks are determined by the Hong Kong Stock Exchange and published uniformly on the Stock Exchange’s information disclosure website.

3. The subscription deadline is the first day for interest accrual, and the distribution date is the last day for interest accrual.

4. The order can be modified or canceled before the subscription deadline.

5. Not all new Hong Kong stocks support financing.

6. When subscribing for two stocks at the same time but insufficient funds, the subscription shall be confirmed in the order of the subscription deadline. Trading new shares in Hong Kong stocks requires an overseas account. Without an overseas account, it is easy to deposit funds but difficult to withdraw funds. The Hong Kong stock market's price limit is not as high as that of A-shares, so the risk is high. Investors need to stop losses and exit in time, and not be blinded by the immediate benefits. Hong Kong stock transaction fees are fees incurred when buying and selling stocks. They are charged for both buying and selling, and are charged in both directions. Hong Kong stocks adopt the T+0 trading model. There is no limit on the number of transactions on the same day. Stocks can be invested. No interest is accrued on transactions on the same day, and interest is charged overnight. In the Hong Kong market, there are many high-quality companies. Public utility stocks, real estate stocks and banking stocks generally pay higher dividends, and the highest annual dividend can reach more than 4.8%.