Growth enterprise market, also known as the second board market, is a kind of securities market different from the main board market. It is a securities market that provides financing channels and growth space for entrepreneurial enterprises, small and medium-sized enterprises, high-tech industrial enterprises and other enterprises that need financing and development. It is an important supplement to the main board market and plays an important role in the capital market. So is there a daily limit on the GEM?

Growth enterprise market has a price limit, and the price limit ratio is 10%.

The trading unit of GEM stocks is "shares" and the trading unit of investment funds is "shares". The number of securities declared for purchase is 100 shares (copies) or its integral multiple. Securities with less than 100 shares can be declared and sold at one time.

The quotation unit of securities is "price per share". The minimum change unit of "price per share" is RMB 0.0 1 yuan. Growth enterprise market is subject to price limit, and the ratio of price limit is 10%. The price calculation formula for price increase and price decrease is:

Upper limit price of price fluctuation = (1 price fluctuation ratio) × closing price of the previous trading day (the calculation result is rounded to RMB 0.0 1 yuan).

There is no price limit on the first day of listing.

Growth enterprise market is actually a new stock market established for some needs accustomed to entrepreneurship and interest. Compared with the stock market of the main board, GEM is mainly aimed at growth-oriented startups, with relatively low listing threshold and strict supervision over information release. However, the risk of GEM is indeed higher than that of main board stocks, and there are certain rules to limit the fluctuation range of GEM.

On the first day of re-listing of the GEM stock market, when the trading quotation exceeds 20% of the opening price of that day, the Shenzhen Stock Exchange may temporarily suspend the trading of the stock for 30 minutes. When the initial price rises or falls by more than 50%, the Shenzhen Stock Exchange may temporarily suspend trading for 30 minutes. When the initial price increases or decreases by more than 80%, the Shenzhen Stock Exchange can suspend the stock to 14: 57. During the suspension period, the Shenzhen Stock Exchange will reduce the declared price, and then price it according to the quotation before the resumption of trading and the principle of priority at all times. During the suspension period, investors can still continue to declare and cancel the declaration.

The GEM stock market has the same quotation and price limit as the main board stock market, with a price share of 65,438+00%. The growth enterprise market stock market and the main board stock market are the same, and the stock market is t plus 1 circulation. Stocks bought on the same day cannot be sold on the same day, but can only be sold on the next working day.