Generally, it is at a high level, and the sign of daily limit and shipment is not sealed. Ship pulled. That is, the banker is ready to circle people, inducing ordinary retail investors to think that the gains are great and buy wrongly, while they are secretly selling in large quantities. When they are all sold, it is time for a big drop.

A daily limit means that the closing price of the whole day is equal to yesterday's closing price minus 1% of yesterday's closing price. There are a lot of selling orders, and there are few active buyers at this price.

until the close, the selling orders have not been effectively reduced, and the stock price has remained unchanged. (The maximum range is-1%, and the range of ST shares is -5%.) If the pending order for selling one is large (more than 5 digits), retail investors can't sell it if they want to, because they have to wait at the end of a long queue, and it won't be the turn until the market closes. It is the same as the daily limit.

extended information

China's daily limit system originated from the early foreign securities market, which is a trading system that appropriately limits the fluctuation range of the price of each security on the same day in order to prevent the skyrocketing and plunging of the trading price and curb excessive speculation, that is, it stipulates that the maximum fluctuation range of the trading price in a trading day is a few percent above and below the closing price of the previous trading day, and then stops trading.

The current price limit system of China's securities market was issued on December 13th, 1996 and implemented on December 26th, 1996, aiming at protecting the interests of investors, maintaining market stability and further promoting market standardization. According to the system, except for the first day of listing, the trading price of stocks (including A and B shares) and fund securities in a trading day shall not rise or fall more than 1% compared with the closing price of the previous trading day, and the entrustment exceeding the price limit shall be invalid.

the main difference between China's price limit system and foreign systems is that after the stock price reaches the price limit, it does not stop trading completely, and trading at or within the price limit can continue until the market closes on the same day.

Baidu encyclopedia-close the daily limit.