The rules for listing new shares on the Science and Technology Innovation Board, what is the winning rate for the Science and Technology Innovation Board

The rules for listing new shares on the Science and Technology Innovation Board

June 27, 2019, Science and Technology Innovation Huaxing Yuanchuang, the first new stock on the board, has officially launched subscription.

Many investors who pay attention to the Science and Technology Innovation Board have participated in the subscription of Huaxing Yuanchuang, but there are still many friends who do not know much about the rules of new shares on the Science and Technology Innovation Board, so the rules of new shares on the Science and Technology Innovation Board What is it like?

There are threshold requirements for investing in the Science and Technology Innovation Board, and not all investors can participate in transactions on the Science and Technology Innovation Board. To participate in the innovation of the Science and Technology Innovation Board, retail investors must meet the following threshold conditions:

1. Asset requirements:

The average daily assets of the investor's account in the first 20 trading days must not be less than 500,000 yuan, please note that the assets of 500,000 yuan include stocks, funds, precious metals, financial products and other assets, and do not include funds and securities invested by investors through margin trading;

2. Experience requirements:

Investors need to have more than 2 years of securities trading experience;

3. Market value preparation:

Since the Science and Technology Innovation Board still uses market value allotment method, so investors need to hold stocks on the Shanghai stock market before they can participate in the Science and Technology Innovation Board, and the minimum market value is more than 10,000 yuan.

The above are the necessary conditions for participating in the listing of new stocks on the Science and Technology Innovation Board. Only those who meet the above conditions can participate in the listing of new stocks.

What is the winning rate of the Science and Technology Innovation Board

It is understood that the number of individual investors who meet the investment conditions of the Science and Technology Innovation Board is about 3 million. According to information disclosed by the Shanghai Stock Exchange, Huaxing Yuanchuang attracted about 2.76 million people to participate in the innovation.

This means that almost all individual investors who have opened access to the Science and Technology Innovation Board have participated in the innovation of the Science and Technology Innovation Board.

According to the winning rate at around 8:00 on June 27, the winning rate for participating in the subscription of Huaxingyuan Innovation Shares was less than 4 out of 10,000. After the clawback mechanism was activated, the final winning rate was about 5.98 out of 10,000. .

Judging from this winning rate, the winning rate of the Science and Technology Innovation Board is higher than the current winning rate of small and medium-sized board companies.

However, whether you can win a new stock depends on the top-tier subscription share. Huaxing Yuanchuang’s top-tier subscription has a market value of 75,000 yuan. In other words, the probability of being hit by a single account is only about 9.3 per thousand.

Generally speaking, the Science and Technology Innovation Board will have fewer opportunities for individual investors to participate. Since there is no price limit on the price increase or decrease in the first five trading days after listing on the Science and Technology Innovation Board, its risks It is still relatively large, so everyone needs to be cautious when investing.