The calculation method of the Beijing Stock Exchange's subscription quota is as follows: Calculation period: Calculate your average daily position market value in the 20 trading days before T-2. T-day is the online subscription day, including T-2.

Starting point for subscription market value: 10,000 yuan, calculated separately in Shanghai and Shenzhen markets.

Market value calculation method: Calculated based on the product of the number of shares included in the market value calculation range in the securities account and the corresponding closing price. Shenzhen can subscribe for 500 shares for every 5,000 yuan in market value. A small number of shares exceeding 5,000 yuan will not be included in the subscription limit.

Shanghai can subscribe for 1,000 shares with a market value of 10,000 yuan, and the portion below 10,000 yuan will not be included in the subscription limit.

Included in the market value: The market value of non-restricted A shares (including the main board, small and medium-sized boards and GEM), including the market value of credit securities accounts, calculated based on the market value of financing purchases, credit accounts and self-owned securities transfers, excluding third board shares, delisted shares, B shares,

The market value of funds, bonds or other restricted A-shares.

For example, after the closing of T-2, if the average daily market value of the Shenzhen Stock Exchange stocks you hold in the first 20 trading days is 106,000 yuan, a can be allocated 21 subscription units (106000\5000= 21.2) and can subscribe for 10,500 new shares.

1. What is new stock subscription? When a company wants to go public, it will generally sell a lot of stocks to the market, some of which will be opened in securities accounts and can be obtained through subscription.

In addition, the subscription price is often lower than the price on the first day of listing. Conditions for subscribing new shares: If you want to participate in the subscription of new shares, you need to have stocks with an average daily market value of more than 10,000 yuan in the 20 trading days before the online subscription day on T-2t.

You can participate in the subscription lottery.

If I want to participate in innovation on August 23, it is reasonable to push forward 20 trading days from August 19, that is, the first day of calculation is July 22.

If you spend more than 10,000 yuan, you have a chance to get a lottery allotment number. The market value of ownership gradually increases, and the number of allotments you can get is also increasing.

You can claim the winning portion of new shares only if the allocation number assigned to you is in the winning portion.

2. How to increase the probability of winning the new stock lottery: For a long time, there has been no correlation between the novice winning bid and the time of subscription.

If you want to increase the probability of winning for new stocks, you can refer to the following methods: Increase the subscription amount: If the market value of the stocks held in the early stage is large, the number of subscriptions that can be obtained is also large, and the probability of winning will increase.

Try to open all subscription rights: If you have enough funds on hand, it is recommended to close the position.

While opening the main board subscription rights, you can also open the science and technology innovation board subscription rights.

This way, you can apply for new shares in any situation, increasing your chances of winning.

Insist on making new stocks: Don’t miss every opportunity to make new stocks.

Because the probability of new shares is relatively small, we still have to stick to lottery.

3. What should you do after winning the lottery for new stocks? Generally speaking, there will be a corresponding SMS notification immediately after winning the lottery for new stocks, and there will be a pop-up window prompt when logging in to the trading software.

There are no price limits on the Science and Technology Innovation Board and GEM on the first five days of listing.

The daily limit begins on the sixth trading day, and the daily increase or decrease is limited to 20%.

On the first day of listing of new shares on the main board, the price limit shall not be higher than 144% of the issue price and shall not be lower than 64% of the issue price.

If the issue price is 10 yuan per share, the highest price on the day shall not exceed 14.4 yuan/share and cannot be lower than 5.6 yuan/share.

According to my many years of tracking analysis, the daily limit of new stocks on the main board is often raised on the first day, and the number of consecutive boards in the later period is no less than 5.

When issuing new shares, a comprehensive analysis must be conducted based on the actual situation of individual shares and market conditions.

If the IPO breaks and continues to fall on the day of listing, it is best to sell on the day of listing, which can effectively avoid losses.