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beijing stock exchange knowledge guide丨issue 5: conditions and requirements for subscription of new shares of beijing stock exchange (ii)

2024-09-19

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through a question-and-answer format, investors will be introduced to the knowledge and information they need to master to participate in the beijing stock exchange market from multiple aspects such as investor suitability management, trading rules, issuance and listing, and corporate supervision, helping investors to better understand the beijing stock exchange market.

what is the time schedule and quantity requirements for new share subscription?

investors can participate in the subscription on the ipo day of the beijing stock exchange from 9:15 to 11:30 and 13:00 to 15:00. when investors participate in the subscription, each subscription unit is 100 shares, and the subscription quantity should be 100 shares or an integer multiple thereof, and shall not exceed 5% of the initial online issuance or 99,999,900 shares. if it exceeds, the application will be invalid.

when can i check the allocation results of new share subscription?

investors can view the issuer's issuance result announcement on the official website of the beijing stock exchange on the evening of t+2 (t is the subscription day), or they can view it through the app for subscribing to new shares on t+2.

what should investors pay attention to when participating in the subscription of new shares on the beijing stock exchange?

before subscribing, investors should deposit the subscription funds in full into the fund account opened at the securities company. the subscription application of investors will take effect after being confirmed by the trading host of the beijing stock exchange and cannot be revoked once confirmed. the interest generated by the frozen funds will be transferred to the securities investor protection fund by the beijing branch of china securities depository and clearing corporation limited in accordance with relevant regulations.

beijing news shell financial reporter chen yan editor chen li proofreader liu baoqing