Can the on-site fund play new shares?
It is impossible for on-site funds to make new shares. According to the relevant regulations of the Exchange, only A-shares circulating in Shanghai and Shenzhen Stock Exchanges with unlimited sales conditions can participate in the calculation of the market value of new shares subscription, but fund ETFs, B-shares, bonds, preferred shares, etc. Can not be used as a new market value, so the market funds can not calculate the market value of new shares subscription, that is, can not play new shares.
Conditions for issuing new shares:
The funds on the floor belong to the market value of investors' funds, but investors need to hold the securities and stock market values with an average daily market value of more than 1 10,000 yuan in the 20 trading days before the transaction, and the Shanghai and Shenzhen stock markets are calculated separately, which means that investors must hold 1 10,000 yuan for 20 consecutive trading days. If they are satisfied, they can apply for new shares. If the market value of the securities in the investor's account is less than 10000 yuan, it does not meet the conditions for subscription of new shares and cannot subscribe for new shares.
The subscription of new shares on the Growth Enterprise Market needs to open the trading authority of the Growth Enterprise Market to meet the market value requirements of Shenzhen.
Science and technology innovation board's subscription of new shares also needs to meet the requirements of science and technology innovation board's opening authority and the market value of Shanghai Stock Exchange.
Although you can't subscribe for new shares by holding the floor fund, buying the floor index fund is equivalent to buying a basket of stocks, and its investment risk is smaller than that of stocks. Moreover, with the issuance of new shares becoming more and more common, even if you win the lottery, you may face the possibility of breaking the new shares, so the subscription of new shares may not necessarily make money.