Rules of A-share Trading

1. Trading time of stock entrustment

  1. The call auction time is from 9:15 to 9:25 in the morning, in which orders can be canceled from 9:15 to 9:20, orders cannot be canceled from 9:20 to 9:25, and the opening price is the price with the largest trading volume at 9:25 ;
  2. The continuous bidding time is from 9:30 to 11:30 in the morning and from 1:00 to 3:00 in the afternoon;
  3. The bidding generally follows the principle of price priority and time priority.

2. Commissioning rules

  1. 1 lot = 100 shares, 1-99 shares are zero shares, less than 1 share is odd shares, and the purchase order must be a hundred shares, except for allotment shares;
  2. The order to sell can be zero shares, but if it is zero shares, it must be sold at one time;
  3. The entrustment is invalid during the stock suspension period, the entrustment to buy is not an integral multiple of 100 shares (except for allotment shares) is invalid, and the entrustment price exceeds the price limit.

Three, T+1 trading system

Stock trading implements the T+1 trading system, that is, the stocks bought on the same day can only be sold on T+1 days, and the stocks sold on the same day can only be withdrawn in cash, but the money from selling stocks can be used to buy other stocks.

4. Price limit

Under normal circumstances, the fluctuation limit is 10% above and below the closing price of the previous trading day, that is, the maximum fluctuation in one trading day is 20%.