The current subscription of new shares on the Beijing Stock Exchange requires investors who have opened a New OTC Market Select Level account to participate. Investors who have made a reservation to open the Beijing Exchange are temporarily unable to participate in the subscription of new shares on the Beijing Stock Exchange and need to wait until Beijing. Subscriptions can only be made after the exchange opens.

Requirements for opening an account on the Beijing Stock Exchange:

1. 2 years or more of securities investment experience (including stocks, futures, etc.);

2. 20 years before opening The average daily assets on a trading day are 500,000 yuan and above.

After meeting the conditions, investors can activate the software or securities company on the trading day, activate it on the same day, and trade on the second trading day.

The purpose of subscribing for new shares is to obtain the price difference income with extremely low risk between the primary market and the secondary market of stocks. It does not participate in the speculation of the secondary market. Not only is the principal very safe, but the income is also relatively stable, making it a stable investor. Ideal investment choice. Subscription for new shares is an investment method with the lowest risk and stable returns in the stock market.

New stock issuance refers to the initial public offering of stocks (English translation into Initial Public Offerings, referred to as IPO), which refers to the first public issuance of stocks to investors by an enterprise through a stock exchange in order to raise funds for enterprise development. process.

The new stock subscription business is suitable for investors who have certain requirements for capital liquidity and a certain risk tolerance, such as secondary market investors, bank financial management investors, and large enterprises and large companies with idle funds. company.

Subscription rules:

Investors must first understand the minimum number of shares required to subscribe for new stocks; secondly, they should note that for a new stock, a securities account can only subscribe once. Moreover, the account cannot subscribe repeatedly or cancel the order. Remember the subscription code before subscribing. If an error is made when placing an order or the above rules are violated, the subscription will be deemed invalid.

When subscribing for new shares, the system will allocate quotas based on the market value of the stocks held in the account. You can only subscribe if you have the quota. The rules for quota distribution are as follows: assuming T day is the subscription day, the system will automatically calculate the daily average stock market value in the account from T-2 to the previous 20 trading days. This daily average stock market value must reach more than 10,000 yuan. Only then will the quota be distributed to the account. A market value of 10,000 yuan can correspond to a subscription for 1,000 shares, a market value of 20,000 yuan can correspond to a subscription of 2,000 shares, and so on.

In addition, the Shanghai and Shenzhen markets are calculated separately. If you want to subscribe for new shares in Shenzhen, you must have the market value of Shenzhen's stocks, and if you want to subscribe for new shares in Shanghai, you must have the market value of Shanghai's stocks.

Subscription period:

Investors should pay attention to the time period when placing orders through the securities company’s trading system, because a stock can only place an order once and need to avoid placing orders. The peak time period for orders increases the probability of winning. When the subscription time period is selected between 10:30-11:30 am and 1:00-2:00 pm, the probability of winning is relatively high.

Positioning research:

Investors need to conduct general positioning research on the new shares to be issued. Before a new stock is issued and listed, studying the prospectus should be a must-do "homework" before subscribing. Before investing, you need to have a detailed understanding of the company's industry, profit sources, future growth, investment direction of raised funds, operational management and financial status, product competitiveness, technological advantages, corporate governance and unfavorable factors, etc., and communicate with listed companies in the same industry. .

In particular, compare the listed companies in the same industry with similar equity structures, and estimate the approximate secondary market positioning based on the current situation of the market. In this way, when multiple new stocks are issued at the same time, investors can choose the most appropriate subscription target.