The stock innovation activities of the Shanghai and Shenzhen Stock Exchanges have always been very popular with investors, and now the stock innovation activities of the North Stock Exchange have also entered the investors' field of vision. However, the new rules of the North Stock Exchange are different from those of the Shanghai and Shenzhen Stock Exchanges. So how do retail investors participate in the issuance of new shares of the North Stock Exchange? Can you make money? In order to solve your doubts, we have prepared relevant contents for your reference.

1. How do retail investors participate in the new shares of the North Stock Exchange?

Investors participating in the stock innovation of the North Exchange need to meet the following conditions: in the 20 trading days before the opening of the authority, the assets in the account are not less than 500,000 per day, and they have more than two years of securities investment experience. The 500,000 assets here are not necessarily shares of the North Exchange, but any assets, including cash. However, because the requirement is "daily average", it is not necessary for investors to have more than 500,000 assets in each trading day, but only the total assets in 20 trading days divided by more than 500,000 assets after 20. If the investor has passed the trading authority of the selected layer before the opening of the North Stock Exchange, its trading authority will be automatically transferred to the North Stock Exchange, and the investor only needs to meet the requirement that the average daily assets are above 500,000 in the first 20 trading days.

Second, can retail investors make money by participating in the North Exchange?

Retail investors can make money by participating in the Beijing Stock Exchange, but the probability of making money is lower than that in the Shanghai and Shenzhen Stock Exchanges.

When issuing new shares, the North Stock Exchange adopts the method of placing shares to ensure that most investors participating in the issuance of new shares can purchase new shares. At the same time, the North Exchange adheres to the principle of "giving priority to subscription quantity, giving priority to the same quantity and giving priority to time", that is, the more shares subscribed by investors, the more new shares will be distributed. With the same number of shares subscribed, the earlier investors submit new applications, the higher the probability of being allocated new shares.

However, the probability of breaking the new shares of Beijing Stock Exchange after listing is much higher than that of Shanghai and Shenzhen Stock Exchanges. Sometimes 10' s new shares will have 8 or 9 breaks, so the risk of breaking the new shares of the North Stock Exchange is very high, and investors can make money, but the possibility of losses is greater.

Investors should not innovate just for the sake of innovation. They should carefully evaluate the quality of stocks and the development potential of listed companies before making rational choices, which can reduce the risk of loss after the issuance of new shares.