New third board? Some investors know that its full name is "National Small and Medium-sized Enterprise Share Transfer System". Judging from their future goal of "China Nasdaq", they know that all enterprises in this market belong to "two highs" (high technology and high growth) and "six innovations" (new economy, new services, new energy, new agriculture, new materials and new business models), so the threshold for listing is not high.
The advantage of low threshold is that the stock price is often very low, almost at the level of "original stock", and you can enjoy the fruits of high growth of enterprises; However, the disadvantage is that the performance of small and medium-sized enterprises fluctuates greatly and it is difficult to judge the future. So for investors, the threshold for opening an account is very high. The total value of stocks, funds, creditor's rights and cash in shareholders' accounts is required to exceed 5 million yuan. Investors are required to have more than two years of experience in securities investment, or have relevant professional backgrounds or training experience in accounting, finance, investment, finance and economics-they are required to be "qualified investors" and be able to have certain strength and risks.
Therefore, for investors with average strength, the threshold of opening an account of 5 million keeps them out, but now some brokers have also launched the service of paying in advance to provide account opening funds for account holders, and the formalities cost is about1-20,000 yuan, so opening an account should not be a problem.
However, even if it crosses the threshold of account opening, the New Third Board still has a trading threshold: it needs a single investment of more than 6,543,800 yuan. Moreover, at present, apart from the stocks that have been long by brokers, the New Third Board has no continuous bidding transactions, and most of the transactions are negotiated transfers, so there are not many investment opportunities for individual investors.
Second, the New Third Board Fund is safer.
In addition to opening an account directly, the sister can also invest in the New Third Board Fund. In addition to private equity funds, you can also invest in new three-board wealth management products issued by Public Offering of Fund, trusts and brokers. At present, the threshold for investing in such products is also high, which needs more than 6,543,800 yuan, but the investment risk is relatively small compared with opening an account; In addition, the New Third Board Fund usually has a lock-up period of two to four years, and its liquidity is also poor. But for some investors who don't know much about stock market investment, it is a relatively safe way to invest in fund projects managed by fund managers. At present, Public Offering of Fund has not launched the New Third Board Fund. If there is such a product in the future, the threshold of 6.5438+0 million yuan is expected to be reduced to 6.5438+0 million-200,000 yuan accordingly.
Third, increase capital and enjoy low prices.
Private placement of stocks is often discounted, so after the listing of NEEQ stocks, you can also buy cheap stocks by participating in private placement. Wang Yawei, the former "Public Offering of Fund No.1 Brother" familiar to investors, also participated in the increase of Hejun Business School in his own name, and subscribed for 65,438+10,000 shares of Hejun Business School with a capital of10,000 yuan. Of course, investors don't have to compete with Brother Yi. At present, many private equity funds raise funds from the public first, and then participate in the private placement of the New Third Board. In this way, investors can participate in the private placement of the New Third Board through private equity funds and venture capital funds, with a capital of about 654.38+ 10,000-200,000 yuan. Not only can you get a certain discount, but there is no lock-up period after the fixed shares are listed. There is another kind that is closer to the "original stock" than the fixed increase, that is, to participate in the capital increase and share expansion of the new three-board enterprises before listing. Compared with the fixed increase after listing, it is based on the premium given by brokers to the valuation of listed companies, and the price is closer to the "original shares".
Fourth, relying on institutions to buy original shares needs to be cautious.
If an enterprise has started to prepare for the New Third Board, its original shares will not be sold to the outside world, but only to internal executives and core employees, and will also be financed through venture capital, private placement or specific targets. Because it is difficult for individual investors to buy the original shares of the new third board enterprises, they are more dependent on institutions, so it is more secure to choose institutions that have been engaged in this business for a long time and have a large business volume.
1, depending on the underwriter qualification.
Buyers should know whether the underwriters are qualified to distribute the original shares. Generally, the original shares underwritten by institutions authorized by the state are sold after careful investigation.
2. Business operation
Stock buyers should know the production and operation status of sales enterprises, such as sales revenue, sales tax, total profit, etc.
3. Corporate liabilities
It depends on the debt of the company that sells stocks, such as the company's total assets, total liabilities and net assets.
4. Look at the forecast dividend
It depends on the dividend forecast. The higher the dividend, the better the use of funds. When choosing to buy stocks, high dividends are preferred, and low dividends are purchased cautiously.
5. Look at the premium ratio
It depends on the proportion of premium sales. Most enterprises sell shares at a premium. The smaller the proportion of premium sale, the smaller the risk of stock buyers, and the greater the proportion of premium sale, the greater the risk to stock buyers.
In a word, risks are directly proportional to benefits. There are many scams in the original equity investment of the New Third Board, so investors should be cautious. Go to a formal platform, such as Tencent Zhongchuang Space.