When buying stocks, you may encounter the situation of stock suspension. In fact, you may also encounter this thing when investing in on-site funds. So what does it mean to suspend on-site fund trading? What are the circumstances of fund suspension?

What do you mean by fund suspension?

On-site fund suspension refers to the suspension of fund trading in the stock exchange. For the suspension of the trading of on-site funds, the 2006 edition of the Trading Rules of Shanghai Stock Exchange stipulates that the trading of stocks and closed-end funds may be suspended in case of abnormal fluctuations. Among them, the suspension of closed-end funds includes:

1 The deviation of daily closing price for three consecutive trading days reaches 20%;

② The ratio of the average daily turnover rate for three consecutive trading days to the average daily turnover rate for the first five trading days is 30 times, and the cumulative turnover rate of closed-end funds for three consecutive trading days is 20%.