Beijing Stock Exchange is a t+1 trading system, which is the same as Shanghai Stock Exchange and Shenzhen Stock Exchange. In addition, the Beijing Stock Exchange imposes a 3% price limit. On the first day of listing, there is no limit on the fluctuation of new shares, but there is a suspension mechanism. When the fluctuation reaches 3% or 6%, trading will be suspended for 1 minutes.

what is t+1?

T+1 is a trading rule. T+1 of stocks and exchange funds means that they are purchased on the same day and can only be sold on the next trading day. T+1 of OTC funds means that they are purchased on the same day, and their shares are confirmed on the next trading day, after which profits are calculated. Stocks and funds are subject to T+1 trading. The trading hours are from 9:3 am to 11:3 am and from 13: pm to 15: pm from Monday to Friday. No trading is allowed on legal holidays, while futures, options and foreign exchange are subject to T+1 trading.