Exchange can participate in online subscription. Each subscription unit is 100 shares, and the subscription quantity should be 100 shares or an integer multiple thereof, but the upper limit of subscription shall not exceed 5% of the online issuance quantity including overallotment option, that is, 1.5817 million shares.
It is worth noting that the issue price of Founder Valve has set a new low for the issue price of new Ashares this year . The previous record holder for the lowest issue price was Tongguan Mining and Construction, which was poland phone number list listed on October 11. The issue price of Tongguan Mining and Construction was 4.33 yuan per share, and the closing price on the day of listing rose by 731.41%.
Lowpriced stocks are more susceptible to investor speculation due to their lower participation threshold, so they experience relatively greater volatility on the day of listing.
Most of the lowpriced stocks this year are concentrated in the Beijing Stock Exchange. Eight of the 10 listed companies with the lowest issue prices are companies on the Beijing Stock Exchange.