Stocks can be bought again when they are sold on the same day.
However, the money obtained from selling stocks on the same day cannot be directly withdrawn on the same day, and must be withdrawn on the next working day. And the stocks bought on the same day cannot be sold on the same day, at least until the next trading day.
Second, the time of stock trading.
China's stock opening hours are Monday to Friday, 9: 30 am-11:30 pm-15: 00 pm, which is the same all over the country, subject to Beijing time. Trading is not allowed on Saturdays, Sundays and rest days announced by Shanghai Stock Exchange and Shenzhen Stock Exchange.
Every morning from 9: 0015 to 9: 25, which is call auction time, you can register the bill. After 9: 25, you can't hang up the bill. You can't trade freely before 9: 30. 9: 30- 1 1: 30 is the foremarket, 13: 00-.
Three, the main process of stock trading (floor trading)
1. Open an account.
Customers who want to buy and sell stocks should first open an account with a brokerage company.
2. Pass the instructions.
After opening an account, the customer can buy and sell stocks through his broker. Every time a stock is bought or sold, the customer gives an order to the brokerage company, and the brokerage company quickly transmits the customer's order to its broker in the exchange, and the broker executes the order.
3. Transaction process.
As soon as the broker in the exchange received the instruction, he hurried to the trading station (trading hall) to execute the order.
4. delivery.
After buying and selling stocks, the buyer pays cash to get the stocks, and the seller hands over the stocks to get the cash. Some delivery procedures are carried out after the transaction, and some are completed through clearing companies within a certain period of time, such as a few days to dozens of days.
5. transfer.
After the delivery, the new shareholder shall go through the transfer formalities in the issuing company where he holds the shares, that is, register his name and the number of shares held in the company's shareholder register. When this step is completed, the stock exchange is finally completed.