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How to calculate the maximum price limit?
Since 1996 16 February 16, the Shanghai Stock Exchange and the Shenzhen Stock Exchange have imposed price limits on the trading of listed stocks (including A and B shares) and fund securities respectively, that is, except the securities listed on the first day, the trading price of the above securities shall not exceed 16 relative to the closing price of the previous trading day. The calculation formula is: closing price of the previous trading day × (1 10%). The calculation result is rounded to 0.0 1 yuan, and the entrustment exceeding the price limit is invalid, and the exchange will automatically cancel the order. For example, if the closing price of Shenzhen Development Bank (000 1) in the previous trading day was 17.8 1 yuan, its daily limit today is 17.8×0.9= 16.029, and it is/kloc-0 after rounding. Daily limit17.81×1.1= 19.591,rounded to19.59 yuan; The entrustment between 16.03 yuan and 19.59 yuan is valid, and the entrustment below 16.03 yuan and above 19.59 yuan is invalid.

Since April 1998, the China Securities Regulatory Commission has implemented special treatment for some listed companies' stocks, that is, ST, and its share price is limited to 5%. The calculation formula is: closing price of the previous trading day × (1 5%), and the calculation method is the same as above.

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.

Reply time: 202 1- 12-27. Please refer to the latest business changes announced by Ping An Bank in official website.