When can the new shares bought on the day of listing be sold?

First, you must win the lottery. After winning the lottery, the stock will arrive in the account and can be traded on the same day after listing.

New share subscription process:

On 1.T, investors should prepare sufficient funds to subscribe for new shares through securities accounts, and the subscription form (the same as the menu for buying stocks). The number of stocks in Shanghai stock market needs to be an integer multiple of 1000 shares, and the number of stocks in Shenzhen stock market needs to be an integer multiple of 500 shares. If it exceeds the quantity that can be purchased, it will be invalid. If there are multiple delegates, only the first delegate is valid. The subscription time in Shanghai stock market is 9: 30-11:30 on T day; 13:00- 15:00; The subscription time in Shenzhen is 9:15-11:30 on T: 13:00- 15:00。

2.T+ 1 day: funds are frozen, verified and numbered. China Clearing Company will freeze subscription funds. According to the final effective subscription amount, the exchange assigns a number to every 65,438+0,000 shares (500 shares in Shenzhen), and the trading host automatically assigns a unified and continuous number to the effective subscription.

3, T+2 days: lucky draw. Announce the winning rate, and organize the lottery according to the total number of people and the winning rate, and announce the winning results the next day.

4. On T+3 (usually after liquidation on T+2), you can check whether the lottery won the prize. If not, the money will be returned to the account. Winning customers can trade winning shares on the day of IPO.