申购

申購

shēngòu

verb #66,431

Meanings

1 to apply to buy (IPO shares, funds)
2 to subscribe
3 to bid for purchase

Characters

to apply; to state

Examples

HSK 5

他每月申购定投基金。

Tā měiyuè shēngòu dìngtóu jījīn.

He subscribes to an automatic-investment fund every month.

HSK 6

投资者纷纷申购新股。

Tóuzīzhě fēnfēn shēngòu xīngǔ.

Investors rushed to subscribe to the new IPO shares.

Tips

usage

In China's stock market 申购 specifically means applying for allotment of new IPO shares or mutual-fund units, not a regular secondary-market purchase, which is just 买入. The opposite fund action is 赎回 (redeem).

Stroke Order

申 shēn

购 gòu