The second transaction can be transferred out, because the stock is settled on t+1, the stock funds sold on that day can continue to be used to buy and sell stocks, but cannot be used to withdraw money, and can only wait until the next day. You can withdraw money.

Stocks are traded on t+1 from Monday to Friday, and you can only sell them tomorrow if you buy them on the same day. The funds after the sale will arrive in one minute at the latest. If you withdraw money to the card, it will also be t+1. You can withdraw money on the same day and arrive in your account the next day. Cash withdrawals are not available on weekends.

The stock exchange regulations: "T 1" settlement. "T" indicates the trading day, and "T 1" indicates the day after the trading day. The "T 1" trading system means that the securities purchased by investors on the same day cannot be sold on the same day, and can only be sold after automatic delivery and transfer the next day.

Extended information

Stock (stock) is an ownership certificate issued by a joint-stock company. It is issued by a joint-stock company to each shareholder as a shareholding certificate to raise funds and obtain dividends and bonuses. A marketable security. Each share of stock represents a shareholder's ownership of a basic unit of the business. Every public company issues shares.

Each share of the same class of shares represents equal ownership of the company. The size of each shareholder's share of the company's ownership depends on the number of shares they hold relative to the company's total equity.

Stocks are a component of the capital of a joint-stock company and can be transferred and bought and sold. They are the main long-term credit instrument in the capital market, but the company cannot be required to return its capital contribution.

The trading hours for most stocks are:

The trading hours are 4 hours, divided into two periods: Monday to Friday 9:30 am to 11:30 am and 13:00 pm 00 to 15:00.

Beginning at 9:15 am, investors can place orders, and the order price is limited to plus or minus 10% of the closing price of the previous business day, that is, between the daily price limit and the daily price limit. Orders placed before 9:25 will be matched at 9:25 a.m., and the resulting price will be the so-called "opening price." Orders placed between 9:25 and 9:30 will not be processed until 9:30.

If the price you ordered cannot be executed on the current trading day, you must place a new order on the next trading day.

Closed days: No trading on Saturdays, Sundays and closing days announced by the Shanghai Stock Exchange.

(Generally national statutory holidays such as May Day, National Day, Spring Festival, New Year's Day, Tomb Sweeping Day, Dragon Boat Festival, Mid-Autumn Festival, etc.)

Baidu Encyclopedia - Stocks