The first step is to prepare accounts and funds.
The "Special Provisions on Trading" clearly stipulates the suitability conditions of individual investors and requires the applicant to meet two conditions. First, the average daily assets of securities accounts and capital accounts in the first 20 trading days are not less than RMB 500,000; second, they have participated in securities trading for more than 24 months. Among them, 500,000 yuan does not include the funds and securities that investors integrate through margin financing and securities lending. According to the document, customers who entrust to buy science and technology innovation board stocks for the first time must sign the science and technology innovation board Stock Risk Disclosure in paper or electronic form.
In other words, if you want to participate in GEM innovation, you must first prepare 500,000 yuan to open an account. This 500,000 yuan is not only the stock market value, but also the assets in the fund account, including reverse repurchase. However, the assets in the margin account should not be counted. My understanding is that there is an average of 500 thousand in the 20 trading days before the opening, so it doesn't matter whether there is 500 thousand after the opening. If you don't have 500,000 friends, you can study this rule yourself. There's always a way. In addition, the science and technology innovation board needs to be opened, either at the counter or online.
The second step is to buy the market value.
Online subscription requires holding a market value of more than 1 10,000 yuan, and one subscription unit can be purchased for every 5,000 yuan market value, and the part less than 5,000 yuan is not included in the subscription amount. In addition, the subscription unit for each new share is 500 shares, which is lower than the current provision of 65,438+0,000 shares, and the subscription quantity should be 500 shares or an integral multiple thereof.
In other words, before you buy the stock of science and technology innovation board, you must have at least 10000 stock market value in your account. Etf and reverse repurchase are not counted, but only the stock market value. Someone asked, science and technology innovation board is located in Shanghai, is it only the market value of Shanghai stock market, not Shenzhen stock market? There are no clear rules now. My understanding is that the market value of Shanghai and Shenzhen should be universal. If we only calculate the market value of Shanghai Stock Exchange, it will be unfair to investors who hold the market value of Shenzhen Stock Exchange, and it will also make science and technology innovation board too petty. In addition, the first sign was changed to 500 shares, which is the same as the previous GEM and SME board.
It is not difficult to find that the IPO subscription rules of science and technology innovation board are similar to those of GEM.