1. Beijing Stock Exchange investor access requirements for individual investors to apply: 1. 20 trading days before the application authority is opened, the capital account assets of the securities account must not be less than 500,000 yuan per day; 2. It takes more than 24 months to participate in securities transactions
.
Application by institutional investors: There is no access threshold for institutional investors in terms of funds. Those who apply to participate in stock trading on the North Exchange must comply with the laws, regulations and business rules of the North Exchange.
2. North Exchange Listing Rules 1. Pilot registration system 2. Access threshold The listing conditions are the entry conditions for the selected layer. At the same time, the indicators in the North Exchange listing conditions are consistent with the selected layer.
3. North Exchange Trading Rules 1. Trading Mode North Exchange stocks can be traded through bidding transactions, block transactions, agreement transfers, etc.
Among them, the relevant regulations on bidding transactions and block transactions are detailed in the "Transaction Rules"; the specific requirements for agreement transfers are separately stipulated by the Beijing Stock Exchange, taking into account market liquidity and the transaction needs of institutional investors such as public funds, for the future introduction of mixed transactions and
After-hours fixed-price trading leaves institutional room.
2. Price limit and effective price range for declaration. Due to the many characteristics of small and medium-sized enterprise stock valuations, in order to effectively control price fluctuations, the price limit for bidding transactions on the Beijing Stock Exchange is set at 30% of the closing price of the previous trading day.
However, there is no price limit on the first day of listing.
3. Declaration rules for auction transactions. A single application for auction transactions on the Beijing Stock Exchange requires no less than 100 shares. Each application can be increased by 1 share. When selling stocks, if the number of shares is less than 100 shares, a one-time declaration for sale should be made.