why can't stocks be sold? The following summarizes the main reasons.

1. A shares began to implement the T+1 trading system in 1995, where T is the stock trading day and +1 is the next trading day. The implementation of this system is mainly to deal with excessive speculation in the securities market. For stocks bought on the same day, they cannot be sold on the same day, and they need to wait until the next trading day.

2. The stock market is not traded every day, and the trading hours are fixed every day. In the stock market, it cannot be sold because it is closed for weekend holidays or during the non-stock trading hours of the day. In China, the daily trading time of the stock market is from 9: 3 am to 11: 3 am; From 1 pm to 3 pm, the transaction can only be successful within 4 hours; In addition, at present, the stock market is closed on Saturday and Sunday, and the opening day of the stock market from Monday to Friday, where the legal holidays such as New Year's Day, Spring Festival, Qingming Festival, May Day, Dragon Boat Festival, Eleventh and Mid-Autumn Festival are located, is also closed.

3. For the stocks with daily limit, there are many traders who trade and sell, and there are many people who queue up. In addition, few people buy them, which is the reason why the stocks cannot be sold. For example, on November 22, Linzhou Heavy Machinery showed a downward trend. Many investors can't sell.

4. The stock has been suspended. The stock suspension refers to the continuous rise or fall of the stock price due to certain news or activities, and the stock exchange suspends its trading in the stock market. After the situation is clarified or the enterprise returns to normal, it will resume trading on the exchange. Investors who hold this stock cannot sell the stock during the suspension period. For example, Dongxu Lantian, which was recently suspended, has not traded since November 19th.

5. There is a problem with the entrusted price at the time of selling. Many times, when trading, many investors can't make real-time transactions in the intraday trading, and they will wait for the transaction in advance. If the price of entrusted selling is relatively high, it will not form a transaction and will not be able to sell until this position is reached. Even the real-time trading in the intraday trading will have problems, mainly because most of the people who sold at that time did not queue up, and then the price went down and failed to reach the entrusted selling price, which is the selling rule at work, with price first and time first. If you want to make a quick deal, you have to lower your price.

The above is a summary of all the reasons why stocks can't be sold and when they appear. When making stocks, you should have a detailed understanding of the basic knowledge such as trading rules of stocks, which is the beginning of doing a good job in trading.