Sub-new shares refer to stocks that have not been listed for a long time and have a short listing history. This paper will introduce the concept and characteristics of sub-new shares and explain why we can't buy sub-new shares sometimes.
I. Definition and characteristics of sub-new shares
Sub-new shares refer to stocks that have not been listed for a long time. According to different definitions, it is generally believed that stocks listed for less than one year can be called sub-new shares. Compared with traditional stocks, sub-new shares have some unique characteristics.
The characteristics of sub-new shares include:
1. Low market recognition: Due to the short listing time, the popularity and market recognition of sub-new shares are relatively low.
2. Volatility: Sub-new shares are easily affected by investor sentiment and market environment in the market, and the price fluctuates greatly.
3. Strong growth: Sub-new shares are often young companies with strong growth and imagination, and it is expected to achieve higher growth through market development.
Second, why not buy new shares?
Sometimes we find that we can't buy some new shares on the trading platform of the exchange. There are several reasons for this:
1. Exchange: Some sub-new shares can be traded on the exchange, or only at specific trading hours. The bourse will conduct sub-IPO transactions according to market conditions and regulatory requirements.
2. Exchange risk control: In order to maintain the stability of the market and the interests of investors, the exchange will control the risks of sub-new shares. When the price of new shares fluctuates too much or the trading volume is too large, the exchange will suspend or trade.
3. Investor suitability assessment: Some sub-new shares may only be suitable for specific investors, such as institutional investors or professional investors. The Exchange will require investors to make appropriate assessments to ensure that investors have the corresponding risk tolerance and professional knowledge.
4. Capital account: Some brokers may have certain subscription for new shares. Investors need to ensure that their capital accounts meet the requirements of brokers before they can buy new shares.
Third, how to buy new shares.
To purchase new shares, we can adopt the following methods:
1. Choose the right brokerage firm: Different brokerage firms may have different trading rules for sub-new shares, so we can choose the right brokerage firm to purchase. When choosing a securities firm, we need to consider the trading rules, transaction costs and the degree of sub-new shares of the securities firm.
2. Understand the rules of the exchange: different exchanges may have different trading rules for sub-new shares, so we need to understand the rules and regulations of the exchange. Relevant information can be obtained through official website of the Exchange or consulting.
3. Improve investor suitability: If some sub-new shares are only suitable for specific investors, we can meet the corresponding requirements by improving our investor suitability. You can improve your investor suitability by learning relevant knowledge, participating in training or seeking professional advice.
Conclusion:
As a stock that has not been listed for a long time, the IPO has a short listing history and some unique characteristics. Sometimes we can't buy sub-new shares, mainly because of the exchange, exchange risk control, investor suitability evaluation, capital account and other reasons. When buying sub-new shares, you can choose suitable brokers, understand the rules of the exchange and improve the appropriateness of investors. These measures can help us to better participate in the trading of sub-new shares.