Limit up and limit down refer to the process of stock trading, in order to limit the rise and fall, a certain range is set. If this range is reached, it is the limit up or down.

It does not mean the limit up or down. Once the limit is lowered, you cannot buy or sell. As long as you want to buy, you can still queue up to buy, or you can place an order on the lower limit board to sell your holdings.

The price limit is a measure taken by the securities management department to prevent excessive speculation. It means that the maximum daily rise or fall of a stock cannot exceed the percentage of the previous trading day.

The maximum increase or decrease for ordinary stocks is 10% of the previous trading day. The maximum daily increase or decrease of special treatment stocks cannot exceed 5% of the previous trading day. There is no limit on the price increase or decrease on the listing date of the consideration shares or the first day of listing of the new shares.

Extended information:

Increase limit

my country's Shanghai and Shenzhen stock exchanges impose price increase limits on stock and fund transactions, with an increase ratio of 10%, of which ST The stock and *ST stock prices increased by 5%. The formula for calculating the increase price of stocks and funds is: increase price = previous closing price × (1 + increase ratio). The calculation result is rounded to the smallest unit of price change.

The Shanghai Stock Exchange stipulates that there is no price increase limit on the first trading day for any of the following circumstances:

(1) Initial public offerings of listed stocks and closed-end funds;< /p>

(2) Additional issuance of listed stocks;

(3) Resumption of listing of stocks after suspension of listing;

(4) Other circumstances determined by the exchange.

The Shenzhen Stock Exchange stipulates that if one of the following circumstances falls under one of the following circumstances, no price limit will be imposed on the first trading day:

(1) Initial public offering of stocks;

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(2) Resumption of listing after listing suspension;

(3) Other circumstances determined by the China Securities Regulatory Commission or the stock exchange.

Reference material: Baidu Encyclopedia--High limit and low limit

Reference material: Baidu Encyclopedia--High limit board

Reference material: Baidu Encyclopedia--Lower limit board