First, you need to open the trading authority of Beijing Stock Exchange, and secondly, you need to have funds in your stock account to participate in new trading.

The second is that the new listings of the Beijing Stock Exchange are different from those of the Shanghai and Shenzhen Stock Exchanges. You do not need to hold the market value of the stock to participate in the new listings. However, the Beijing Stock Exchange needs to freeze funds during the process of subscribing for new shares.

1. To buy new shares is to use funds to participate in the subscription of new shares. If you win the lottery, you will buy the stocks that are about to be listed. For offline purchases, only institutions can subscribe, while for online purchases, individuals can subscribe. New investment is divided into new stocks and new funds. Among financial products that focus on innovation, compared with bond funds and bank funds: in terms of subscription threshold, the starting point for financial products of banks and securities companies is higher, generally at least 50,000, and additional investment must be at least an integral multiple of 1,000 , restricting investors with less capital. In contrast, the starting point of the fund is lower, only 1,000 yuan.

2. In terms of redemption, most bank financial products have a time limit. Not only are the redemption fees within the time period not low, but the related management fees are also high. The cost of capital is low. For example, Taishin has also introduced "four exemptions" for the subscription of double interest and double benefit funds: no subscription fee, no subscription fee, no interest tax, and no redemption fee if the subscription period exceeds 30 days. The design of bank financial products is becoming more and more flexible. There are even "one-on-one" products specifically targeting large-cap stocks, which are notified before the call and unfrozen immediately after the call. It is worth noting that among new products, new revenue from products launched offline is relatively high.

3. Only those with an average daily A-share market value of 10,000 yuan in the 20 trading days before T-2 (inclusive) can subscribe for new shares. The Shanghai and Shenzhen markets are calculated separately; customers with multiple securities accounts If they are held in custody, their market values ??will be calculated on a combined basis, and the market values ??of multiple securities accounts will be calculated on a combined basis. The market value of credit securities accounts of margin trading and securities lending customers is calculated on a consolidated basis.