The daily limit is a financial professional term, which is an objective reflection of securities trading activities. It is the minimum value of the stock price on the day of securities trading. In order to prevent the stock market price from soaring and plunging, and avoid excessive speculation, the stock exchange shall appropriately limit the fluctuation range of the market price on the day of securities trading according to law.

China's main board market is limited to 10%, and the growth enterprise market and science and technology innovation board market are limited to 20%. It should be noted that there is no price limit on the first trading day of China main board IPO, and there is no price limit on the first five trading days of GEM and science and technology innovation board IPO.