I am from Shanghai stock market. Why can't I subscribe for new shares in Shanghai stock market?
The subscription process of new shares under the new rules is as follows:
1, the purchase date is t, and the market value is calculated on T-2;
2.T- 1 Inquire about the purchasable amount;
3.T-day purchase according to the purchasable amount, without payment;
4. T+ 1 day lead underwriter draws lots.
5. Investors who draw lots on T+2 ensure that there is enough cash in their accounts at 16, and the system will automatically complete the payment.
Precautions:
1.T-2 (including the first 20 trading days), you can subscribe for new shares only if you hold unlimited A shares with an average daily sales of 654.38 million yuan, and the Shanghai and Shenzhen markets are calculated separately;
2. The market value of a customer's same securities account in multiple custody places shall be calculated on a consolidated basis. Where a customer holds more than one securities account, the market value of the multiple securities accounts shall be calculated together. Consolidated calculation of market value of credit securities accounts of margin customers.
3. Shanghai can subscribe for 1 1,000 shares with a market value of 1 1,000 yuan, and Shenzhen can subscribe for 500 shares with a market value of 5,000 yuan;
4. You can only buy ordinary or credit accounts with market value in Shenzhen. Only accounts with designated transactions can be purchased in Shanghai. Customers can only place an order for the first time (buy at the issue price) and cannot cancel the order;
Verb (abbreviation of verb) subscription time: Shanghai 9: 30-11:30/13: 00-15: 00, Shenzhen 9:15/.
6. The customer does not need to pay the subscription funds at the time of subscription. After the winning bid is confirmed on T+2, it is necessary to ensure that there are enough funds for the fund settlement of new share subscription at 16:00;
7. If a customer wins the lottery but fails to pay in full, it will be regarded as giving up the subscription. If the customer wins the lottery for three times in a row for 12 months but gives up the subscription, he shall not participate in the online subscription of new shares for six months (calculated on the natural day of 180, including the next day) from the day after the last subscription abandonment.