After the investors' buying and selling orders enter the mainframe of the exchange, the matching system will automatically match according to the principle of "price first, time first", and when the prices are the same, the matching will be carried out in chronological order. When matching transactions, the principles for determining the stock transaction price are as follows: 1. The transaction price must be within 65,438+00% of yesterday's closing price; The highest buying declaration and the highest selling declaration at the same price; 3. If the declared price of the buyer (seller) is higher (lower) than the declared price of the seller (buyer), the average price of the declared prices of both parties shall be adopted.

That is to say, if you quote the lowest price first, then yours will be sold at 1 1 yuan. However, it should be noted that the amount bought should be greater than or equal to the amount sold. For example, if you sell 10 yuan for 1W shares, but only 5000 shares are paid at 1 1 yuan, then you only sell 5000 shares at 1 1 yuan.

So we can't just look at the price, but also look at the quantity. If no one sells, a person can use 100 shares to pull a stock to the daily limit. Similarly, if no one buys, one person 100 shares can hit the daily limit.