1. Four-day subscription process: (use * * * when issuing with Hong Kong stocks)
T day, online subscription. According to the market value, there is no need to pay.
T+ 1, announce the winning rate and winning number.
T+2 days, if there is a lottery, it will be paid according to the number of lottery winners.
Note: The above T+N days are trading days, which will be postponed in case of holidays such as Saturday and Sunday.
2. Three-day subscription process:
(1) On the day of subscription (T+0), investors subscribe.
(2) On the first day after the subscription date (T+ 1), the Exchange will conduct capital verification.
(3)(T+2) Shake the number to announce the winning result.
(4)(T+3) Unfreeze the unsuccessful subscription.
* Note: The number of winning shares will be collected after the market closes the night before IPO.
According to the market value of T-2 account, quantity: SZSE 5000 yuan, one quantity, 500 shares/unit.
Shanghai 10000 yuan is the allocated quantity, 1000 shares/quantity.
Subscription skills
Microfinance:
For investors with a small amount of funds and far from reaching the subscription limit, the following subscription skills can be adopted:
Centralized subscription of funds-increase the amount of funds for subscription of new shares: integrate assets between accounts or increase the proportion of short-term operating funds. Conditional investors can concentrate the funds from multiple accounts into one account for subscription, which can improve the chances of winning the lottery. Generally, the funds of relatives and friends are pooled to purchase new shares, which are distributed in proportion after winning the lottery. Subscription in this way requires not only the signing of an agreement between investors, but also the signing of an agreement with the securities department to entrust new shares, which can only be implemented on the premise of ensuring the safety of funds.
Subscribe for new shares with loans-since loans need to pay interest, investors must carefully consider the cost. Among them, the main points that must be paid attention to are as follows: (1) It must be estimated that the yield of new share subscription is greater than the loan interest rate; Try to choose low-interest loans; Only by analyzing the prospect of IPO and choosing a more coherent IPO period can this method be adopted.
Choose financial products-there are many ways to participate in the subscription of new shares. Banks have a variety of products to choose from, and investors need to decide the subscription method according to the amount of personal funds.
Investors with a large amount of funds can open separate accounts to subscribe for new shares, while investors with a small amount of funds are often difficult to win the lottery. A more appropriate method is to put the limited funds into the corresponding funds or wealth management products that subscribe for new shares, so as to achieve a stable average income.
Continuous issuance
When new shares are issued intensively, several new shares are often issued at the same time. For retail investors, it is the first choice to concentrate on buying one of them and ensure a high winning rate. So be sure to choose one of the multiple new shares. The specific principle of stock selection is:
Avoid what comes first-when the subscription of new shares is continuously issued in a centralized manner during the freezing period, investors can avoid the new shares issued first and concentrate their funds on the new shares issued after subscription.
According to statistics, it is found that the later the subscription, the higher the winning rate.
Avoid small and big-when the number of shares issued at the same time is large, avoid small-cap stocks and choose new shares with large online circulation and low industry P/E ratio for subscription, and the winning rate is often high.
Avoid heat and be cold-when more than two new shares are issued online at the same time, unpopular stocks are preferred. This move is likely to produce unexpected results. Because of the unpopularity, it is often ignored by institutional investors and ordinary investors, so the winning rate is often high, and the increase after listing may be no less than the hot stocks issued online on the same day.
Avoid the best and be inferior-the "inferior" here does not mean inferior enterprises. Generally, the fundamentals of initial IPO are relatively good, but some enterprises are located in industries with poor development prospects or fierce competition in the industry, such as textiles. Investors can give priority to buying ordinary new shares in the industry, which are expected to increase slightly after listing, so as to obtain a higher chance of winning the lottery.
Avoid low and choose high-investors can give priority to those with higher issue prices, because the winning rate of high-priced new shares is relatively high. Moreover, high-priced new shares are also conducive to large-capital investors to make full use of subscription funds.
Common skills
Investors hope to obtain stable investment income in the subscription of new shares. Practically speaking, the success of new share subscription mainly depends on two factors. First, funds, especially large-cap new shares, can get a higher chance of winning if there are enough subscription funds. The second is luck. Especially for the small and medium-sized board and the Growth Enterprise Market, due to the reform of the subscription rules of new shares after the IPo restart, the upper limit data of each account is reduced, which makes the small and medium-sized board and the Growth Enterprise Market more lucky to win new shares. So if you are lucky, you may get extra income.
The third is to choose a place with many people, which at least shows that the lottery data in this time period is relatively large. With the resumption of IPO, small and medium-sized board, growth enterprise market and H shares return to the A-share market, and the intensive issuance and speed-up of new shares provide us with a good opportunity.
Of course, in the process of taking chances, there are also some skills:
First, attack a new stock in a whole warehouse. As a result of participating in the subscription of new shares, the funds will be locked for several days. If several new shares are issued at the same time in a week, it is necessary to choose one and purchase them all to improve the winning rate. First of all, give priority to buying a stock with the largest circulating market value, and the chances of winning the lottery will be even greater. Secondly, because everyone will stare at good companies to purchase, and some stocks with relatively poor fundamentals may be left out in the cold. At this time, small and medium-sized funds take the initiative to buy varieties that are not very popular in this kind of industry, and the varieties with lower gains after listing are expected to have a higher winning rate.
Second, the time of ordering food is very important. There is a certain relationship between the subscription time and the winning rate. Due to the randomness of computer lottery, the winning numbers are generally evenly distributed. But in terms of probability, when the overlapping numbers are in the middle area, the chances of winning the lottery are the greatest. If you want to be the subscription number of the middle area, you must seize the trend of most investors, especially large institutional investors, to place orders. As far as the past situation is concerned, afternoon is the peak period for institutional investors to place orders. If you want to make a subscription number in the middle area, it is more appropriate to place an order between the afternoon of 14 and the afternoon of 14: 30, and the winning rate will be higher.
Third, wait patiently for the funds to dry up. Choose varieties with relatively late subscription time, such as issuing a new share today, tomorrow and the day after tomorrow. At this time, we should subscribe for the last new share, because everyone usually spends money on the first day and the second day of subscription. On the third day, a lot of funds have been used up. At this time, the winning rate of new shares subscribed for the third day is higher.
Fourth, cooperate to improve the winning rate. For different new shares, when the subscription funds reach a certain amount, the winning rate will be guaranteed. In order to improve the winning rate, retail investors can also collect good funds from relatives and friends to play new shares and obtain average income.