Top-level subscription is to reach the subscription limit.
According to the revised Implementation Measures of Shanghai Stock Exchange for Online Issuance of Funds and Detailed Rules for Offline Electronic Issuance of Initial Public Offerings in Shanghai Market. The online subscription units and the upper limit are revised as follows: each subscription unit is 65,438+0,000 shares, and the subscription quantity is not less than 65,438+0,000 shares. If it exceeds 65,438+0,000 shares, it must be an integer multiple of 65,438+0,000 shares, but the maximum number shall not exceed one thousandth of the total number of social public shares issued online at that time, and shall not exceed 99.999 million shares.
For example, if a company issues 50 million shares online, its subscription limit will not exceed one thousandth of the online issuance. That is, you can subscribe for up to50,000 shares. The top subscription is 50,000 shares.
The new fund is subscribed by the top, which means that the new fund is the new shares subscribed by the top.
Example introduction:
The financing scale of China Nuclear Power Company exceeds 654.38+03.5 billion yuan. According to the announcement, as many as 654.38+065.438+06 Public Offering of Fund companies participated in the inquiry. In the end, 99 funds were successfully shortlisted, with a total planned subscription of 226.5438+0.85438+0.8 billion shares, and the total use of funds reached 752 billion yuan. It is worth mentioning that among the 99 funds allocated for nuclear power in China, 55 were newly established during the year, of which 4 1 was established in April and 23 were established in May. It can be seen that most of the money won in the lottery was built in China nuclear power through new channels.
Among the successful shortlisted funds, as many as 59 subscribed for China Nuclear Power, that is, the number of new shares to be subscribed by each fund reached 2,723.7 million, accounting for 60% of the total shortlisted funds.
According to statistics, nearly 70% of China Nuclear Power's offline share allotment was won by funds. Specifically, * * * has 99 fund rights issues, and * * * has been allocated 784 million shares, with a rights issue amount of 2.659 billion yuan. * * * There are 40 fund companies winning the bid for China Nuclear Power, among which, cathay pacific fund has the largest number of winning funds, reaching 10, and * * * has taken over more than 10% of the offline allotment of funds.