ATFXAnalysis: New stock subscription funds on the Beijing Stock Exchange are locked in for a few days to prevent investment from being scammed

The Beijing Stock Exchange was established on the basis of the New Third Board. In order to participate in the subscription of new shares or purchase stocks on the Beijing Stock Exchange, one needs to first activate the trading authority of the Beijing Stock Exchange. Furthermore, the subscription of new shares on the Beijing Stock Exchange requires the early freezing of funds, and if there are no winning funds, they will return the original way.

How many days does the Beijing Stock Exchange lock up funds for new share subscription?

3Oh, my god, that's itT+2If there are no winning funds after participating in the subscription of new shares on the Beijing Stock ExchangeT+2Unfreeze on a daily basis. If the lottery is won, the subscription will be deducted from the frozen funds. If there is still balance after deduction, the freeze will also be unfrozen.

【1】TDaily subscription, the account on the same day of subscription needs to be prepared with sufficient funds for payment, which means freezing;

【2】T+2The funds that have not won the lottery will be unfrozen and can be frozen onT+2After daily and evening settlement or settlementT+3Daily check of fund return status;

【3】T+3View Placement Results;

【4】T+4Japanese investors can check the announcement of placement results.

After the unfrozen funds for the new share subscription on the Beijing Stock Exchange are unfrozen, the fund status will return to the available or desirable state before the freeze, and the funds in the desirable state can be withdrawn through operation. If the issuance fails or terminates, the lead underwriter will assist the issuer in refunding the subscription funds plus bank deposit interest for the same period.

Is the Winning Lotting Rate of New Stock Applications on the Beijing Stock Exchange High?

High, due to the allocation model adopted, the earlier the subscription, the higher the winning rate, and may even be 100% winning. The winning rule for new shares on the Beijing Stock Exchange is to distribute them proportionally, with priority given to time. Cash redemption allows you to apply for as many stocks as you need, without the need to prepare a certain market value in advance. Time prioritizes, and the earlier the start date, the higher the chances of winning the lottery. Proportional allocation, the more subscribed, the more distributed.

When applying for new shares on the Beijing Stock Exchange, it is necessary to first activate the authority of the Beijing Stock Exchange. Furthermore, participating in the Beijing Stock Exchange's new listing is like participating in the New Third Board's new listing, and there are no market value or position requirements for individual and institutional investors to participate.