It should be noted that the daily average assets of science and technology innovation board after the opening of the authority include stocks, cash, funds, national debt, wealth management products and other assets held by investors after the close of each trading day, but excluding funds and securities for margin financing and securities lending. Among its stock assets, A shares, B shares, preferred shares and Hong Kong Stock Connect. Funds include Public Offering of Fund, private equity funds, on-site funds and off-site funds; Bond assets include convertible bonds, government bonds, corporate bonds and reverse repurchase of government bonds.
To sum up, after the opening of science and technology innovation board, if the account capital is less than 500,000 yuan, it can still be traded normally. However, if it is found that there is a non-conforming transaction after the opening, it may be said that it is a transaction.
1. the daily limit of the science and technology innovation board in the first five trading days?
There is no limit on the price of the science and technology innovation board in the first five trading days, and the price is limited to 20% after five trading days. In addition, science and technology innovation board stocks have the following rules:
1, 9: 30-11:30 every trading day; 13:00- 15:30。
2. Stocks that still close at 15:00 on the same day cannot be traded at the after-hours fixed price, and the after-hours fixed price trading time is: 15:05- 15:30.
At the same time, retail investors need to meet the following conditions when opening a science and technology innovation board:
1. In the 20 trading days before the application authority is opened, the daily average assets of the securities account and the fund account shall be no less than 500,000, except for the funds and securities included in margin financing and securities lending.
2. Participated in securities trading for more than 24 months.
3. The personal risk assessment level is R4 and above, and the risk tolerance is C4 and above.
4. Have an understanding of the basic knowledge, business rules and risk matters of the science and technology innovation board, and the knowledge evaluation score is not less than 85 points.
5. There is no bad credit record, and there are no provisions prohibiting or restricting participation in securities trading activities such as domestic laws and business rules of Shanghai Stock Exchange.