Convertible bonds implement T+0 trading, which means you can buy and sell on the same day. Transaction costs: 1. Shenzhen Stock Exchange: Investors should pay a commission to the securities firm, the standard is 2‰ of the total transaction amount. If the commission is less than 5 yuan, it will be charged at 5 yuan. 2. Shanghai Stock Exchange: Investors entrusting securities firms to buy and sell convertible corporate bonds must pay a handling fee of RMB 1 per transaction in Shanghai and RMB 3 per transaction in other places. After the transaction is completed, the investor should pay a commission to the securities firm when handling the transaction. The standard is 2‰ of the total transaction amount. If the commission is less than 5 yuan, it will be charged at 5 yuan.
The stock T+0 platform is a securities (or futures) trading system platform. Any trading system in which the certificate (or futures) and price clearing and delivery procedures are completed on the day the certificate (or futures) is traded is called T+0 trading. In layman's terms, the certificates (or futures) bought on the same day can be sold on the same day. T+0 trading has been implemented in my country's securities market, because it is too speculative. In order to ensure the stability of the securities market, my country's Shanghai Stock Exchange and Shenzhen Stock Exchange now implement "T+1" for stock and fund transactions. "The trading method means that what is bought on the same day cannot be sold until the next trading day.
Shanghai and Shenzhen stock markets
Trading days: Monday to Friday (except statutory holidays); 9:15-9:25 call auction; 9:30-11:30 Early market, continuous bidding; 13:00-15:00, afternoon market, continuous bidding; (14:57-15:00 is the closing call auction); the trading time for block trades is 15:00-15 on the Exchange's trading day :30, the Exchange accepts bulk transaction declarations during the above time. Bulk trading users can log in to the Exchange's bulk trading electronic system from 14:30 to 15:00 on the trading day to make preparations before starting; bulk trading users can log in to the Exchange's bulk trading system from 15:30 to 16:00 on the trading day. The electronic system inquires about the day's block transactions or receives the day's transaction data.
China Hong Kong stocks
Monday to Friday: morning market 9:30-12:00, lunch market 13:00-16:00; Saturday, Sunday and Hong Kong public holidays The market is closed; Hong Kong stock trading rules: 1. The actual settlement time is the second working day after the trading day (T+2); before T+2, customers cannot withdraw cash, physical stocks, or transfer custody of purchased shares. 2. Hong Kong stock trading can be done with T+0 reversal transactions.