Why can't I subscribe for new shares? The maximum number of subscriptions is 0.

First, because the new share quota was not obtained, the average daily stock market value of t-2 in the first 20 trading days reached 6,543,800 yuan, so that the new share quota of 6,543,800 yuan could be obtained. It should be noted that the market value refers to the market value of the stocks held, not the available funds in the securities account.

Second, the Shenzhen Stock Exchange stipulates that the online subscription amount of investors is determined according to the market value they hold. Only investors whose market value exceeds 65,438+0,000 yuan (including 65,438+0,000 yuan) can participate in the subscription of new shares. You can purchase 1 subscription unit for every 5,000 yuan market value and 1 subscription unit for every 500 shares. The part less than 5000 yuan is not included in the subscription amount.

Three. The Shanghai Stock Exchange stipulates that the online subscription amount of investors is determined according to the market value they hold. Every 65,438+0,000 yuan market value can buy 1 subscription unit, and the part less than 65,438+0,000 yuan is not included in the subscription quota. Each subscription unit is 65,438+0,000 shares, and the number of subscriptions is 65,438+0,000 shares or an integer multiple thereof, but at most it does not exceed one thousandth of the initial number of shares issued online and does not exceed 99.999 million shares.

Extended data:

1. New shares refer to stocks that have just been issued and listed for normal operation. Subscribing for newly listed stocks a few years ago (commonly known as "playing new shares") is a hot spot, because winning new shares at that time was like "picking up a fortune for nothing", and the new shares rose by nearly 100% on the first day of listing.

Purchase process:

1. Investor subscription (subscription date): Investors pay the subscription money in full at the time of subscription, and entrust the subscription.

2. Freezing of funds (the first day after subscription): China Clearing Company will freeze the subscription funds.

3. Capital verification and numbering (the day after subscription): The business department automatically assigns a number to the effective subscription according to the final total useful subscription amount and the rule of assigning a number to every 1000 shares (500 shares in Shenzhen Stock Exchange).

4. Lottery (on the third day after purchase): release the winning rate, organize the lottery according to the total number of people and the winning rate, and release the winning rate the next day.

5. Release the winning number and unfreeze the funds (the fourth day after purchase): unfreeze the subscription money that has not been won.

References:

People's Network-Increase the supply of new shares in a timely and moderate manner to stabilize market expectations.

References:

Shanghai Stock Exchange-Measures for the Implementation of Online Stock Issuance and Subscription Fund of Shanghai Stock Exchange