What does winning the lottery from Oriental Fortune mean?

In stock markets such as backdoor listings and new share issuances, investors may not always get the expected number of shares when purchasing stocks. This will involve the issue of "winning the lottery". Winning the lottery refers to the confirmation of the list of successful stock purchasers based on public lottery rules after the stock is sold. The winning rate is the ratio of the number of successfully purchased stocks to the total number of subscriptions.

When shareholders subscribe for stocks, they will calculate the number of stocks they need to purchase based on their subscription amount and subscription multiple, and submit it to the securities company. After the stock is sold, the winning ticket is determined by drawing lots, and the winning rate is usually very low. At the same time, the cumulative probability of stock allocation in the draw will also be announced. The lower the winning rate, the higher the corresponding subscription multiple. You may need to subscribe for many multiples to win, and the success rate will be greatly reduced.

When shareholders subscribe for stocks, they need to clearly state the quantity and price of the subscription, and whether they accept the multiple of the subscription. Developing a scientific subscription strategy and choosing the appropriate subscription time and price can more effectively increase the chance of winning the lottery. At the same time, investors also need to carefully study the company's financial reports and market conditions to improve their understanding and grasp of the company and provide more basis for their investment decisions.