How is the issue price of shares in the North Exchange determined?

The North Exchange is a newly established stock exchange. Since the establishment of Beijing Stock Exchange, investors have participated in the trading. However, the North Exchange needs to meet two conditions to participate in the transaction, and not everyone can buy shares of the North Exchange.

How is the issue price of shares in the North Exchange determined?

1 Inquiry issuance: Inquiry issuance will be announced online. After the stock issue price is determined, offline investors who provide effective quotations participate in the subscription, and offline investors should make the subscription based on the placing objects.

2. Competitive issuance: The issuer and the lead underwriter can set the minimum subscription price, which will be disclosed in the issuance announcement. The price per share declared by investors cannot be lower than the minimum subscription price.

3 Pricing Issue: Issuers and residential underwriters should carefully determine the issue price of shares in combination with various factors such as the issuer's industry, market conditions and the valuation level of companies in the same industry, and also need to disclose them in the prospectus and issuance announcement.

The trading methods of the North Exchange include call auction trading, block trading and agreement transfer. The minimum investment threshold of the North Exchange is 500,000 yuan, and it is impossible to trade shares of the North Exchange without certain assets. In addition, the trading of the North Exchange needs more than two years of trading experience, and the stock trading of the North Exchange needs to be opened before it can be carried out.

Although with the popularity of the establishment of the North Exchange, the shares of the North Exchange have also been sought after by investors, but the risk of stock market investment is great. Users are advised to make choices according to their own risk tolerance when investing. Don't follow suit and choose carefully. The shares of the North Exchange are not 100% profitable.