What is the restriction on the first day of listing of new shares in the North Stock Exchange?
There is no daily limit on the first day of listing, and the daily limit on the second day of listing is 30%, which means that the new shares listed on the North Stock Exchange may rise and fall on the first day, which is actually a risk increase for investors, so the account opening authority of the North Stock Exchange needs two years of investment experience and hundreds of thousands of funds.
Beijing Stock Exchange adheres to the flexible trading system at the selective level and implements continuous bidding transactions. There is no price limit on the first day of IPO listing, and the price limit will be 30% from the next day, which increases market flexibility. Adhere to the appropriate management system for appropriate investors, promote the balance of buying and selling power and prevent market speculation.
The new listed companies in Beijing Stock Exchange are innovative companies listed on the New Third Board 12 months. The North Exchange is up or down by 30%, which is suitable for professional investors with high risk tolerance. With high risk tolerance, investors who need to invest in the products of the North Exchange can invest through relevant fund channels, which also brings more investment opportunities for investors with high risk tolerance.
After reading the above introduction, I believe everyone can have a more comprehensive understanding of the issue of how much to limit the first day of listing of new shares in the North Stock Exchange. The establishment of the North Exchange is both an opportunity and a risk. Whether retail investors want to participate depends on whether they have good financial support and rich experience.