Call auction is not a real deal, but a way to match the opening price. In this intermediary, there will be tentative quotations, such as tentative support and pressure, but no real money is used, because there will be no transaction, so the reference is of little significance.
Extended data:
Call auction meets the requirements.
For collective pricing, the computer transaction processing system sorts all the declarations according to the principle of price priority and time priority, and finds out a benchmark price on this basis, so that it meets the following three conditions at the same time:
1. has the largest transaction volume.
2. All the buying declarations above the benchmark price and selling declarations below the benchmark price are satisfied (clinched).
One of the buyers and sellers with the same benchmark price declares that they are both satisfied (clinch a deal).
References:
Call an auction-Baidu Encyclopedia