The cost of applying for new shares

The cost of subscribing for new shares is also a cost inside your account in the middle of the market.

Subscription rules

Investors should first understand the minimum number of shares required for a listed IPO; secondly, it should be noted that a securities account can only be subscribed to once for a new stock. Moreover, the account can not be repeated subscription, can not be withdrawn, subscription before the subscription to remember the subscription code. If there is a mistake or violation of the above rules when placing an order, it will be regarded as an invalid subscription.

New stock subscription, the system will be in accordance with the account of the market value of the stock position to send quota, have quota to subscribe. The rules of quota distribution is this: assuming that T day for the subscription day, the system will automatically calculate the account T-2 to the previous 20 trading days of the average daily market value of the stock, the average daily market value of the stock to reach more than 10,000 yuan, there will be a quota distribution to the account, 10,000 yuan of the market value of the corresponding to the purchase of 1,000 shares, 20,000 yuan of the market value of the corresponding to the purchase of 2,000 shares, and so on. In addition, the Shanghai and Shenzhen markets are counted separately, if you want to subscribe to the new shares of Shenzhen to have the market value of the shares of Shenzhen, subscribe to the new shares of Shanghai to have the market value of the shares of Shanghai.

Subscription time

Investors should pay attention to the time period when placing an order for subscription through the trading system of the securities company, because a stock can only be ordered once, and need to avoid the peak time period of the order to improve the probability of winning. The probability of winning the lottery is relatively high when the subscription time frame is chosen at 10:30-11:30 am and 1:00-2:00 pm. All costs are your own.