What time does A-share market open and close? The new rules for delisting A shares are 9 o'clock.

From the beginning of last year, the bull market came quietly, and many investors poured in, setting off a stock market frenzy. For those who have just entered the market, you need to be optimistic about the precautions and understand this stock. It is certain to know when A shares will open and close. At the same time, we must pay attention to the new reform of the A-share delisting rules and correctly understand this stock.

Stock market opening time: Monday to Friday, 9: 30 am, 65438+ 0 pm;

Stock market closing time: Monday to Friday, 1 1: 30 am, 3: 00 pm;

Stock market closing time: weekends and national holidays, such as Spring Festival, Tomb-Sweeping Day, Dragon Boat Festival, etc.

If there are irresistible factors, such as natural disasters, the State Council can make adjustments, and only the State Council has this right.

note:

Call auction time is from 9: 00 15 to 9: 25, and the cancellation time is 9: 15-9: 20 and 9: 20-9: 25. After 9: 25, the opening price is the price with the largest volume.

The above is the time that we newcomers need to pay attention to, especially in the process of call auction. We need to be prepared. If you have no experience, you can consult a teacher, or if you have experience, you will know by yourself. At this time, after the market opens, we must make our own judgment on stock trading. However, from which aspects to analyze and judge, the most important thing is the fundamentals of the company. About delisting, we have a brand-new reform. We can grasp the key points of delisting, avoid minefields and analyze fundamentals.

The new rules for delisting A shares are summarized at 9 points for your reference:

If the market value is delisted and the total market value of the company does not exceed 300 million yuan for 20 consecutive trading days, it will be delisted;

Delisting at par clearly stipulates that 1 yuan delisted stocks are in a transitional period during this period, and they are not directly delisted, but touch the stocks delisted at par. If it is before the implementation of the new regulations, it can be delisted according to the original rules, and the company is ready to delist.

The delisting of revenue indicators and the delisting of single net profit indicators were cancelled. In the new regulations, if the revenue is below 1 100 million yuan and the net profit before and after deduction is negative, it will be crowned as a star hat, *ST shares; If this happens for two consecutive years, it shall be terminated; If a stock is marked with delisting risk warning and a non-standard audit report is issued, it has touched the standard of termination of listing.

If a major illegal property is falsified and delisted, if the financial fraud, profit, income, balance sheet and net profit exceed 500 million yuan for two consecutive years, and at the same time exceed half of the total amount of corresponding subjects for two years, it will be judged as financial fraud. The calculation of continuous suspension of delisting shall be changed from the date of receiving the notice of court judgment or administrative punishment to the date when the court judgment or administrative punishment decision takes effect.

There are two normative indicators. One is that most directors are untrue to the annual report or semi-annual report, and the other is that there are major defects in standardized operation and information disclosure, which have not been corrected. If the company fails to make corrections within two months of suspension, it will face delisting risk warning, and if it fails to make corrections after two months, its listing will be terminated.

The resumption of listing and suspension of listing were cancelled. The company clearly terminated listing for two consecutive years involving financial indicators, and the company's shares were terminated. At the same time, the issued convertible bonds will also be terminated.

As for delisting transactions, there is no delisting period. During the delisting consolidation period, other types of delisted stocks did not rise or fall on the first day, and changed from the original 30 trading days to 15 trading days.

Forced to withdraw from the market for major violations of the law. If there are stocks that have been forced to withdraw from the market due to major violations before the start of the new regulations, the original rules can be adopted. If there are stocks that receive the written decision or notice of administrative punishment in advance after the implementation of the new regulations, it is necessary to review the financial data between 20 15-2020, and judge whether there is any major violation according to the original rules, and the financial data after 2020 shall be subject to the new regulations.

The establishment of the risk warning board, the specific implementation time has not been clearly defined, mainly to set the trading volume of delisting and risk warning stocks on the risk warning board, and the upper limit is to buy 500,000 shares a day. Ordinary investors who want to buy such stocks need to sign a risk disclosure book to clearly know the risks of the stocks; Not all investors can buy it. It takes two years of investment experience and 500,000 assets.

In addition, in the transition period between the new regulations and the old system, there are certain arrangements, instead of directly turning to the new regulations, so that everyone has a buffer period.

If the listing has been suspended, it has been withdrawn from the listing according to the old regulations after the disclosure of the annual report in 2020, and there is already a risk warning, it shall be carried out in the following ways:

If the listing is suspended without touching the delisting risk warning of the original rules and new regulations, the delisting risk warning shall be revoked;

Other risk warnings not covered by the new regulations can be revoked;

If the old suspension rules are touched, but the new delisting risk warning is not touched, other risk warnings will be implemented and the listing will not be suspended;

Stocks that have touched other risk warnings and touched the new rules for delisting risk warnings will be implemented.

As for when the A-shares will open and close, and what new regulations are there for the delisting of A-shares, this article has already introduced them. When analyzing stocks, everyone should pay more attention to the information in the annual report, and stocks with storms must pay more attention. If there is a dr in front of the stock, you should pay attention. You can understand what stock dr means.