What Is a Frozen Account?
The so-called frozen funds is that when the new shares are purchased, the funds required to purchase new shares will be frozen. After the capital verification is performed, it will be used as a valid proof of the purchase. The funds cannot be used for other purposes within a few working days. Will thaw.
Frozen funds
discuss
- Chinese name
- Frozen funds
- Thaw
- After the subscription of new shares, the funds will be thawed
- The so-called frozen funds is that when the new shares are purchased, the funds required to purchase new shares will be frozen. After the capital verification is performed, it will be used as a valid proof of the purchase. The funds cannot be used for other purposes within a few working days. Will thaw.
- Freezing the funds does not guarantee a successful transaction. You will know if the transaction is successful after 2 days: if it is thawed, it means that the transaction was not successful; if you buy funds or stocks, the corresponding funds or stocks will be displayed on the account at this time, and the funds will correspond. cut back.
- Freezing funds can generate a surprising amount of subscription funds to freeze interest and improve the effectiveness of listed companies. The current freeze period is generally four to five days, with an increasing trend. The longer the freeze period, the greater the impact on shareholders' fund scheduling and earnings. Online issuance is for the society, offline issuance is for targeted investors.
- Because the company cannot sell all of the shares and bonds at once, he must sell it for a period of time. Generally within 90 days. During this time, the money received should be deposited in a special account of the bank. So this fund is frozen funds, and the interest generated by these funds is frozen interest.
- The calculation of frozen funds is as follows:
- Pricing of new shares x number of shares issued x excess multiples of subscription of new shares