When will the new shares be deducted after the lottery?

The market has always been very enthusiastic about playing new shares. In the past, most new shares can bring high returns to investors. Many investors who are going to play new shares do not understand the subscription process of new shares, so when will they be deducted after the new shares are won?

When will the new shares be deducted after winning the lottery?

For the subscription of new shares on T day, T+2 day is the payment date of new shares, and T+2 day is the second trading day after the subscription date. Generally, the subscription of new shares will arrive at the account on the evening of T+2, and it is necessary to make sure that there are enough funds in the account for subscription before the end of the transfer time between the bank and the securities.

The main process of subscription of new shares is as follows:

1 First of all, in the first 20 working days of T-2, stocks with an average daily market value of 10000 yuan are eligible to subscribe for new shares, that is, they must hold the market value of 10000 yuan in Shanghai for 20 trading days before they can subscribe for new shares.

2T days, online subscription. According to the market value, there is no need to pay. The average daily market value of Shanghai stock market is 1 10,000 yuan, and you can subscribe for 1 10,000 shares. The average daily market value of Shenzhen stock market is 5,000 yuan, and you can subscribe for 500 shares.

On 3T+ 1 day, the lead underwriter announces the winning rate, organizes the lottery to form the winning result, and the Shanghai Stock Exchange or China Clearing Shenzhen Branch will send the winning result to the securities company after the closing of the day. When the winning rate and winning number are announced around 8 pm, you can see whether you have won the lottery and the corresponding market value is in your account.

4. The investor who wins the lottery will guarantee that there are new shares in his capital account, and the deadline for the required subscription funds is 4 pm, because 4 pm is the time to close the bank-securities transfer, so it is enough to keep the required funds in the account, and the system will automatically deduct the money after the stock market closes.

The IPO market should pay attention to these two points: First, when applying for the GEM and the science and technology innovation board, the corresponding trading authority should be opened; Second, we should pay attention to the fact that the market value of Shanghai and Shenzhen stock markets is not universal, that is to say, the market value of Shanghai stock market can only subscribe for new shares in Shanghai stock market, and the market value of Shenzhen stock market can only subscribe for new shares in Shenzhen stock market.