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The difference between placard trading and block trading
"Listing" means acquisition. Specifically, when the tradable shares obtained by investors in the secondary market of the securities market exceed 5% or an integer multiple of 5% of the total share capital of the stock, according to the provisions of relevant laws and regulations, they must immediately notify listed companies, stock exchanges and securities regulatory agencies, make an announcement in the newspapers and periodicals designated by the securities regulatory agencies, and fulfill their obligations stipulated by relevant laws.

Block trading, also known as block trading, refers to a transaction in which a single transaction of securities reaches the prescribed minimum, the buyer and the seller reach an agreement through agreement, and the transaction is confirmed by the exchange. Specifically, each exchange has a clear definition of block trading in its trading system or its commodity trading system, and they are different. Shanghai Stock Exchange redefined the block trading rules when it revised the trading rules of Shanghai Stock Exchange on 20 13, 18, and Shenzhen Stock Exchange revised them on 20 13.

If you need to know about the stock market, you can log on to Ping An Pocket Bank APP- Finance-Stock Futures-Securities Service for information.

Tips:

1. The above contents are for reference only and do not make any suggestions. Related products are issued and managed by corresponding platforms or companies, and banks are not responsible for product investment, redemption and risk management;

2. There are risks in entering the market, so investment needs to be cautious. Before making any investment, make sure that you fully understand the investment nature and risks involved in the product, and then judge whether to participate in the transaction by yourself after carefully understanding and evaluating the product.

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