1，T 1。 The mechanism remains unchanged: T 1 day trading is still implemented for the science and technology innovation board, which is the same as the current rules of A shares.
2. Threshold for opening an account (500,000 yuan) 2 years): There are two requirements for opening the trading authority in science and technology innovation board. The average assets of securities accounts and capital accounts in the first 20 trading days are not less than 654.38+10,000 yuan; The second is to participate in securities trading for more than 24 months.
3. It doesn't go up or down in the first five trading days, and then it goes up or down by 20%: At present, the biggest increase of A-share new shares on the first day is 44%, and then the increase or decrease limit is10%; There is no fluctuation in the first five trading days after the listing of the science and technology innovation board, and then the fluctuation is limited to 20%.
4. No less than 200 shares in a single declaration: Different from the main board market in Shanghai, investors buy and sell stocks of science and technology innovation board through price fluctuation declaration, and the number of shares in a single declaration is no less than 2,000 shares and no more than 6,543,800+10,000 shares. More than 200 shares can be increased by 1 share, such as 20 1 share and 202 shares.
After the GEM account is opened successfully, it cannot be traded immediately. According to the relevant regulations, T 2 days generally require more than 2 years of stock trading experience; Those who have less than 2 years experience in stock trading generally only need T trading within 5 days. Investors only need to apply to the securities company entrusted by them, and open the stock trading authority of the Science and Technology Commission in the existing Shanghai A-share securities account, without opening a new securities account in China.