IPO Freezing Funds: Before the listed company announces the winning results, the funds used to purchase the shares of the listed company will be frozen. The release time of funds has nothing to do with the time of listing, but with the date of online subscription, the so-called T-day. Generally, funds are released in T+3 trading days.

Freezing funds can generate a surprising amount of frozen interest on subscription funds and improve the efficiency of listed companies. The freezing period is usually four to five days, and it is getting longer and longer. The longer the freeze period, the greater the impact on shareholders' fund scheduling and income. Online issuance means social issuance, and offline issuance means targeted issuance to established investors.

Freezing funds does not guarantee the success of the transaction, but you will know whether the transaction is successful after 2 days: if it is unfrozen, it means that no transaction is successful; If you buy funds or stocks, the corresponding funds or stocks will be displayed in the account at this time, and the number of funds will be reduced accordingly.

Because an enterprise can't sell all its stocks and bonds at once, it must sell them within a period of time, usually within 90 days. During this period, the money received and deposited in a special bank account cannot be used for other purposes. So this fund is frozen funds, and the interest generated by these assets is frozen interest.