Is it t+0 on the opening day of new stocks?

Not t+0. In a stock account, as long as you have enough margin, you can buy unlimitedly, and as long as you have enough stocks, you can sell unlimitedly. Subscribing for new shares will not affect your other transactions. You can only entrust the subscription of new shares once a day, and subsequent subscriptions will be deemed invalid.

Note: Stocks purchased on the same day cannot be sold on the same day, except for warrants (warrants are t+0).

What does "T+0" stock mean?

Stock "T+0" is a securities (futures) trading system. Any trading system in which the certificate (futures) and price clearing and delivery procedures are completed on the day of the certificate (futures) transaction is called a "T+0" transaction. In layman's terms, the certificates (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, but because it is too speculative, in order to ensure the stability of the securities market, my country now implements "T+1" for stock and fund transactions. Transaction method. That is, those bought on the same day cannot be sold until the next trading day.

Characteristics of the "T+0" reversal trading system:

1. The speculative nature is enhanced and the speculative opportunities are increased, which is very suitable for the operation method of short-term speculators.

2. Since the main force can buy and sell at will, it will lead to the prevalence of cross-selling, and the main force will use false trading volume to induce retail investors to change the direction of their operations.

3. As the number of retail transactions increases, transaction costs will increase significantly, which is a big plus for securities companies.

4. The increase in the number of retail transactions and transaction fees will lead to an increase in transaction costs and thus an increase in speculative risks.

5. The retail boat is easy to turn around, and it is easy to follow up or escape in time.

6. After losing the role of "T+1" in helping rise and fall, the amplitude of stock indexes and individual stock prices will intensify.

7. If the "T+0" trading method is implemented, it will have a direct positive effect on small-cap stocks.

What will be the impact if A-shares implement "T+0"?

With the implementation of the "T+0" strategy, in the short term, trading volume will inevitably increase significantly, which is undoubtedly good news for securities companies. In addition, because of the cancellation of "T+1", the number of speculators in the market will increase significantly. , more and more people are losing money, so in the short term, the stock market will definitely be wailing.

In the long run, affected by the early "T+0" losses, speculators will be relatively more cautious and conservative than before. After formally recognizing their shortcomings, they may reduce speculation and increase Hold for the long term and become a value investor. Therefore, in the long run, implementing T+0 may not be a bad thing.

my country's stock market was founded in 1991. From 1991 to 1995, the domestic A-share market actually implemented the "T+0" system. However, it was later discovered that this instant delivery system made the stock market excessive. After much consideration, the management believed that the "T+1" system was more reasonable, so it was changed to the "T+1" system in 1995.