Does etf calculate the market value of new shares?
ETF is not a new market value, ETF belongs to a fund, not a new stock market value. The market value of new shares included includes the market value of non-circulating A-shares (including the main board, small and medium-sized board and Growth Enterprise Market), including the market value of credit securities accounts, excluding the market value of three-board shares, delisted shares, B-shares, funds, bonds or other A-shares with restricted circulation.
Investors want to participate in IPO, and the average daily market value of stocks held in the first 20 trading days of T-2(T is the IPO subscription date) needs to be more than 654.38+00,000 yuan. Where an investor holds more than one securities account, the market value of the multiple securities accounts shall be calculated together. In addition, every time a new share is issued, if multiple securities accounts of an investor are entrusted at the same time, the first entrustment shall be confirmed as an effective subscription entrustment in chronological order.
The market values of Shanghai Stock Exchange and Shenzhen Stock Exchange are calculated separately, and investors can only purchase new shares in this market, but not across markets. Shanghai main board can purchase 1 subscription unit for every market value of 65,438+00,000 yuan, and each subscription unit is 65,438+0000 shares, and the number of subscriptions should be 65,438+0000 shares or its integral multiple; Shanghai Science and Technology Innovation Board and Shenzhen Main Board/Growth Enterprise Market can be subscribed for 1 subscription unit, with a market value of 5,000 yuan. Each new share subscription unit is 500 shares, and the subscription quantity should be 500 shares or an integer multiple thereof. If you participate in the innovation of GEM and science and technology innovation board, you need to open the corresponding authority.
Investors need to pay in full after the new subscription, otherwise it will be regarded as giving up. Investors who win lots three times in a row within 12 months will be included in the restricted subscription list, and will not be allowed to participate in online subscription of new shares from the day after their last bid abandonment 180 (including the next day).
Generally speaking, it is recommended to purchase new shares, that is, to purchase as many as possible, so that the winning rate will be higher. That's all. I hope it helps you.