Specific trading hours: Monday to Friday, 9:30 to 11:30 am and 1:00 to 3:00 pm every day, except statutory holidays.
Call auction: 9:15-9:25 am. Orders can be canceled from 9:15-9:20, but cannot be canceled from 9:20-9:25. At 9:25, the price with the largest trading volume will be the opening price.
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Continuous bidding: 9:30 am - 11:30 am, 1:00 pm - 3:00 pm Transaction order: price priority - higher price purchase orders take precedence over lower price purchase orders, and lower price sell orders
Priority is given to selling declarations at higher prices; time priority - if the buying and selling direction and price are the same, the one who declares first has priority over the one who declares later.
The order is determined according to the time when the trading host accepts the declaration.
Stock price rise and fall limits: In order to prevent excessive speculation, stock trading rules also stipulate stock price rise and fall limits.
According to the current system, regardless of buying or selling, the trading price of stocks (including A and B shares) and fund securities within one trading day shall not increase or decrease by more than 10% relative to the closing price of the previous trading day, of which ST
Stock and *ST stock prices shall not rise or fall by more than 5%.
The entrustment rules stipulate that: 1 lot = 100 shares, 1-99 shares are fractional shares, and less than 1 share is fractional shares.
The buy order must be for a hundred shares (except for rights issues), and the sell order can be for odd shares, but if it is an odd share, it must be sold at once.
The order is invalid when the stock is suspended. The order to buy is not valid for a hundred shares (except for rights issues). The order is invalid if the order price exceeds the price limit.
Stock T1 trading system: Stocks bought on the same day cannot be sold on the same day and can only be sold on the next trading day. The funds for selling stocks on the same day cannot be withdrawn on the same day and can only be withdrawn on the second trading day.
There are many more rules for stock trading, but for novices, they can participate in stock trading by understanding the basic rules.