Stock trading suspension rule

There is no clear pause rule.

Second, the growth enterprise market

The first rule of suspension:

If 1 day and 10 day deviate from 100%, the trading will be suspended for 5 days.

2, 3 days increase of more than 30%, 10 days three changes, suspension will also be 5 days. That is to say, even if three changes are made within 10 days, it will start from the day of the first change announcement, not from the start date of the first change.

Second pause rule:

The second suspension rule, written in the document, is that if the deviation reaches 200% within 20 days, the suspension will be suspended twice.

Third, Shenzhen (more common)

The change of the main board is that the deviation of closing price exceeds 20% for three consecutive trading days.

Suspension rules: There are four abnormal fluctuations in the same direction within 10 consecutive trading days (from the first announcement change).

The first suspension is 5 trading days, and the supervision period is 10 trading days. If abnormal fluctuations in the same direction occur again during the supervision period, the suspension will continue for 10 trading days.

In order to better explain the changes in the rules, the statistics of shareholders are explained as follows.

Example of trading rules of Shenzhen Stock Exchange

Four. Precautions:

1. Change in the same direction: increase or decrease by more than 30% for two or three consecutive trading days.

2. Calculation method of GEM deviation value: daily deviation value = stock price fluctuation-GEM composite index fluctuation (399 102).

3. Other rules: 10 moves three times in the same direction within a trading day. The date of relocation is based on the date of the first announcement of relocation, not the date of starting to increase. For example, if the deviation value exceeds 30% on June 8, June 8 is the date of the first move, not from June 6.

4. Suspension time: 5 trading days for the first suspension and 10 trading days for the second suspension.

Related Q&A: Under what circumstances should the company stop publishing the announcement of stock price fluctuation, and should publish the announcement of abnormal stock price fluctuation if the increase or decrease exceeds 20% within 3 trading days? Generally speaking, it means "the company is operating normally, and there are no matters that should be announced but not announced".