20 19 what is the winning rate of new share subscription?
How high is the winning rate of new shares?
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.
How to calculate the winning rate of stocks?
How to calculate the winning rate of stocks? According to the requirement of the Company Law that "the number of shareholders holding not less than 65,438+0,000 shares is at least 65,438+0,000" (referred to as "1,000 shares" for short), the minimum number of shares subscribed for each unit of IPO in China is currently set at 65,438+0,000 shares, or 65,438+0.
After the subscription of new shares is completed, the lead underwriter will confirm the effective subscription quantity, and then calculate the winning rate of new shares according to the number of issued shares and the effective subscription quantity. Specifically, there are the following two situations: (1) When the effective subscription number of investors is less than or equal to the number of shares issued, investors can usually subscribe according to the effective subscription number of each place, and the balance will be underwritten by the underwriter.
(2) When the number of effective subscriptions of investors is greater than the number of issuance, the host or lead underwriter of the exchange will determine a declaration number for every 65,438+0,000 effective subscriptions, arrange them in turn, and then draw lots to determine the winning number. Each winning subscription number can subscribe for 65,438+0,000 shares. The formula for calculating the winning rate is: the winning rate of the number of issued shares =×65438+ 000% of the number of valid subscribed shares.
The success rate of online IPO subscription has nothing to do with the number of subscriptions.
The higher the market value of online subscription of single-customer and single-market new shares, the more the subscription amount of a single stock can be, but the maximum can not exceed the subscription limit of a single customer and a single stock.
T+ 1 day (T is the online subscription date determined in the issuance announcement), and the lead underwriter will announce the winning rate in the designated media. If the effective subscription amount is greater than the online circulation, under the supervision of the notary department, the lead underwriter will preside over the lottery to confirm the winning result, and announce the winning result in the designated media on T+2.