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Can call auction on GEM hang up the daily limit?
Yes, but the transaction may not be completed. Call auction adopts the principle of maximum turnover, and call auction trades at the price with the largest turnover, which is also the opening or closing price of the day.

Call auction refers to a bidding method in which the exchange collectively sets the price after accepting the investor's trading declaration instruction for a period of time. Call auction generates the opening price and closing price of the trading day, and the call auction time is: 9: 15-9:25 am and 14:57- 15:00 pm on the trading day.