Is the winning rate of 0.0 1% very low?

Usually, the winning rate is below 0.0 1%, so the winning rate is not low. The Shanghai Stock Exchange stipulates that the subscription unit is 1 1,000 shares, and the subscription number of each account is not less than 1 1,000 shares, and the number exceeding 1 1,000 shares must be an integer multiple of 1 1,000 shares; The Shenzhen Stock Exchange stipulates that the subscription unit is 500 shares, and the subscription number of each account is not less than 500 shares. The number of shares exceeding 500 must be an integer multiple of 500 shares.

The lottery of new shares is to announce the winning rate according to the rules of the exchange. The lead underwriter presides over the lottery according to the total allocation number to confirm the lottery results, and announces the lottery results in the designated media on the first trading day (T+2) after the lottery. In China, each winning number can subscribe for 1000 shares (Shanghai Stock Exchange) or 500 shares (Shenzhen Stock Exchange).

The winning rate is just like the winning rate in the lottery.

Because there are many people who subscribe for new shares and have a lot of money, but the number of issues is limited, it is impossible to have all of them. Because the subscription is based on every 65,438+0,000 shares, and every 65,438+0,000 shares is a subscription unit, a subscription number is obtained, and then a lottery number is drawn. Investors will compare numbers, and some will win the lottery. If not, they won't win. Based on the issuable amount/total subscription amount, the winning rate of new share issuance is obtained. The lower the winning percentage, the less likely it is to win.

Funds are different from new shares, and the issuance of new funds can be shared by everyone. The winning rate is calculated as above, assuming that the winning rate is 10%, then if you invest 10000, 1000, you can successfully purchase the fund, and so on.

With the resumption of new share issuance, market funds gradually flock to the primary market to participate in risk-free arbitrage and obtain huge profits. However, with the continuous increase of market funds, the winning rate of new shares of small and medium-sized investors has gradually decreased, and the return on investment has dropped significantly. How can small and medium-sized investors improve the winning rate of new shares and the level of investment income? It is the only way to actively participate in the product collection plan of institutions and share the offline subscription opportunities.

Online pricing issue refers to the issue of shares to investors at a fixed price through the exchange trading system. Off-line placement refers to the placement of shares to the off-line inquiry object by cumulative bidding inquiry in the issuance. By comparing the online and offline winning rates of new shares, we can see that the highest winning rate of new shares can be increased by 12 times and the average winning rate can be increased by about 5 times through offline placement.

Winning rate = number of issued shares/number of valid subscribed shares * 100%