1. Stock market value: Only investors whose average market value in the first 20 trading days (including T-2) exceeds10 million yuan can participate in the subscription of new shares.
2. Shanghai stock market can purchase a subscription unit for every 6,543,800 yuan of Shanghai stock market value, and the part less than 6,543,800 yuan is not included in the subscription amount. Each subscription unit is 65,438+0,000 shares, and the subscription number should be 65,438+0,000 shares or an integral multiple thereof.
3. Shenzhen will allocate a subscription unit for every 5,000 yuan market value, and the part less than 5,000 yuan will not be included in the subscription amount. Each subscription unit is 500 shares, and the subscription quantity is 500 shares or an integral multiple thereof, but it shall not exceed the maximum subscription limit.
I wish you a happy stock trading and a smooth investment!
Question 2: How to calculate the market value placement? You mean the market value of new shares.
To subscribe for new shares at this stage, you still need to subscribe within the number of "Shanghai New Shares" or "Shenzhen New Shares" allocated by the T-2 stock market value on the day of your account. If the number of "Shanghai new shares" or "Shenzhen new shares" is equal to 0, then you can't participate in the subscription of new shares that day.
If you want to subscribe for new shares, you should pay attention to the time of issuing new shares, and buy shares in advance two trading days before the issuance of new shares, referred to as T-2.
The Shanghai stock market is worth 654.38+0 million yuan. By the subscription date of new shares on T, there will be 65,438+0000 shares in your account, and you can subscribe for 65,438+0000 shares issued in Shanghai with the money from the margin. The "T-2" day account holds the Shanghai stock market value of 50,000 yuan. On the T day of new share subscription, you have "Shanghai new shares" in your account: 5,000 shares, and you can subscribe for 5,000 shares issued by Shanghai stock market;
Shenzhen Stock Exchange is also allocated in this way, but the market value of Shenzhen Stock Exchange is 5,000 yuan, 500 shares are allocated and 500 new shares are purchased.
I see. Please be prepared in advance and pay attention to IPO information. Good luck! Please adopt those who are satisfied. Thank you very much
Question 3: What is the market value of IPO in Shanghai and Shenzhen stock markets? Add "placing according to the average market value of the previous 20 trading days".
Yesterday, the Shanghai and Shenzhen Stock Exchanges revised the IPO placement method to increase the market value, and the calculation caliber of the market value held by investors was changed to the daily average market value held in the 20 trading days before T-2. This will increase the number of investors and the overall subscription quota, that is, there will be more funds to subscribe for new shares, and the pressure on new shares will be greatly alleviated.
According to the calculation, the number of qualified investors and the total number of investors who can purchase in Shanghai and Shenzhen Stock Exchanges have increased to a certain extent compared with before the adjustment.
The revised calculation rules for the market value of new shares are more reasonable, which reduces the restrictions on investors' trading behavior in the secondary market. According to the adjusted market value, the trading behavior and shareholding of investors in a single trading day no longer have a key impact on the subscription of new shares, avoiding the unreasonable situation that investors cannot participate in the subscription of new shares because they sell their shares on T-2.
After adjustment, the market values of multiple securities accounts held by investors are calculated together. Investors who have opened securities accounts for less than 20 trading days can participate in the subscription, and their holding market value is also calculated according to the daily average market value of 20 trading days.
At the same time, the newly promulgated "Implementation Measures for Off-line Issuance" clearly states that off-line investors must hold the market value of A-shares with unlimited sale conditions in Shanghai market of more than100,000 yuan to participate in the off-line issuance of initial public offerings in Shanghai market, and the market value calculation rules are the same as online issuance. It is clear that the quotation of offline investors and their managed placing objects should include the price per share and the number of subscribed shares corresponding to the price, and there can only be one quotation. Non-individual investors should quote on the basis of institutions.
Question 4: In Shanghai 1w, how many new shares can be bought in Shenzhen 1w? This 1w is the average market value for 20 days, so it is not possible to buy only one stock today. If you have any questions, ask me.
Question 5: Is the market value of new shares listed included in the next market value? Hello, the market value of new shares is included in the next market value.
The listing of new shares is a stock, and the funds held are the market value, just like other stocks.
Question 6: The maximum threshold for new downline is raised to 30 million. What if the market value is not enough? Ranger stock market simulates the stock trading platform, and can subscribe for new shares, with a winning rate of 100%. If the market value is not enough, you can raise the issue price and then increase the market value.
Question 7: What are the conditions for offline subscription, how to participate in offline subscription, and why is the income from offline subscription so high? There are two main reasons.
The first high distribution probability; (Similar to online subscription of new shares) After effective inquiry, 100% participated in the rights issue, and our department provided quotation reference, and the success rate reached 90%.
The number of rights issues is the second highest; The general distribution ratio is one tenth of the total number of shares issued offline. For example, the total number of shares issued is 50 million, and the number of shares issued offline is 30 million, so the number of shares distributed is 3000. This is something that online innovation cannot surpass.
Second, the classification of various participants.
? Class A investors: Public Offering of Fund, Social Security Fund.
? Type B investors: enterprise annuity and insurance.
? Class C investors: individuals, private placements and others.
? Matching rate: A & gtB& gt；; C allocated quantity = declared quantity x allocation ratio
At present, the distribution ratio is about ten thousandths 1. With more and more new offline users, it will inevitably lead to a decrease in the distribution ratio, a decrease in the distribution quantity, and a decrease in the yield, so the earlier you apply, the greater the income.
Third, the conditions for offline subscription of new shares
1, institutional investors
(1) It is established in accordance with the law, has been in business for more than 2 years (inclusive), and has been engaged in A-share investment business for more than 2 years (inclusive).
(2) Having a good credit record. He has not received criminal punishment in recent 12 months, and has not been given administrative punishment or taken regulatory measures by the relevant regulatory authorities for major violations of laws and regulations.
(three) to meet the market value requirements of the association for offline inquiry objects;
(4) Having the necessary pricing power. Should have the corresponding research strength, effective valuation and pricing model, scientific pricing decision-making system and perfect compliance control;
(5) Its sources of funds are legal and compliant.
2. Individual investors
(a) can invest in stocks according to law, and have more than 5 years of experience in A-share investment;
(2) Having a good credit record. He has not been subjected to criminal punishment in recent 12 months, and has not been given administrative punishment or taken regulatory measures by the relevant regulatory authorities for major violations of laws and regulations;
(3) Having the necessary pricing power;
(four) in line with the market value requirements of the association for offline inquiry objects;
(5) Its sources of funds are legal and compliant.
(6) A capital account must be opened in our company.
Question 1: market value calculation?
A: The market value of online subscription is calculated in the same way as online subscription. According to the corresponding market, the average market value of 20 trading days before the inquiry date100000 can be used to subscribe for new shares issued in the corresponding market. The market value is calculated by combining multiple accounts, including the market value of margin financing and securities lending accounts.
Fourth, start the process of playing new permissions.
Investors submitted application materials to the business department-the business department submitted materials to the headquarters-the headquarters submitted materials to the securities industry association for the record-the headquarters applied for a CA certificate from the stock exchange-and it was successfully opened. Among them, the CA certificate fee of Shanghai Stock Exchange is 800 yuan, and that of Shenzhen Stock Exchange is free.
Verb (abbreviation for verb) offline subscription process
? T-5, publish the prospectus.
? Apply to the lead underwriter before noon on T-4 12.
? T-3, online roadshow, offline subscription and inquiry on electronic platform.
? On T- 1 day, an announcement will be issued to determine the issue price and finalist results.
? T-day online subscription electronic platform subscription new shares.
? T+2 days, announce the placement results and pay.
Note: Subscription qualification requires holding 6,543,800 A shares with unlimited sale conditions 20 trading days before T-5, and some companies will set higher requirements. Please refer to the prospectus for details.
Six, explore the elements
(1) declare the price, judge according to your own knowledge, and fill it in independently. The quotation must be accurate, otherwise it will become an invalid declaration, be eliminated, and can no longer participate in online subscription.
(2) For investors who do not have the inquiry ability, the business department of our bank will provide you with reference quotations.
(3) The number of applications that are higher than the total offline issuance shall not be lower than the number of applications that are low, and shall be increased according to regulations. The declared quantity must be an integer multiple of 65438+ million shares. See the prospectus for details. Those that do not meet the requirements are invalid declarations.
? Note: Each investor can make multiple declarations, and the last declaration shall prevail. The earlier the declaration time is, the more the declaration quantity is, and the greater the probability of being allocated.
Question 2: With the opening of our authority, can I subscribe for new shares underwritten by other brokers?
A: Yes, you need to apply to the lead underwriter in advance for every purchase. The application method is generally to send an email, which will be specified in the announcement. Since the subscription system is an electronic platform for the exchange to subscribe, it has nothing to do with brokers, and the lead underwriter cannot refuse because he has not opened an account there.
Question 3: What is the relationship between the declared quantity and the market value?
A: The market value of a single market is more than 6.5438+million, so you can participate in offline inquiry. There is no necessary connection between the amount of offline declaration and the holding market value. The market value of 654.38+million is only related to whether you have the right to participate in offline inquiry.
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Question 8: Does it cost 10,000 yuan to play new value offline? Are there no new opportunities for retail investors? Offline innovation is not suitable for retail investors, and online innovation is not suitable for institutions.
At present, more and more underwriters start to make inquiries from the market value of 20 million and 30 million, and100,000-20 million small and medium-sized retail investors will also lose new opportunities offline, so it is not wrong for retail investors not to participate in offline innovation. In the future,100,000-20 million can consider buying and participating in offline innovation funds.
Question 9: How big is the market value of new shares to easily win new shares? Of course, the market value is almost large and it is easy to win. Because of the large market value, you can buy more matching numbers, and the chances of winning the lottery are naturally greater. But in any case, at present, the average winning rate of new shares is only about three ten thousandths, that is, it takes an average of more than 3,000 matching numbers to get one.
Question 10: What is the market value of individual stocks? You can subscribe for new shares offline. In the first 20 trading days of T-2, the average daily stock market value reaches 10000 yuan, and 1000 new shares can be obtained. With the quota of new shares, you can apply for new shares.