Who can elaborate on the matching methods in bidding auction and continuous bidding! ? You'd better give an example!

9: 0015-9: 25 on each trading day of Shanghai Stock Exchange is the opening time of call auction, which refers to the bidding method of centralized matching of trading declarations accepted within the specified time.

The principle is: 1 The price that can reach the maximum turnover.

2. The price at which both the buying declaration above this price and the selling declaration below this price are completed.

3. The price at which at least one of the buyers or sellers completes the transaction at the same price.

Continuous bidding: the time is 9: 30- 1 1: 30, 13: 00- 15: 00, which refers to the bidding method of continuous matching of transaction declarations one by one.

The principle is: 1 The highest bid price is the same as the lowest bid price. This price is the transaction price.

2. When the declared purchase price is higher than the lowest declared selling price disclosed immediately, the lowest declared selling price disclosed immediately is the transaction price.

3. When the selling declared price is lower than the highest buying declared price displayed immediately, the highest buying declared price displayed immediately is the transaction price.

Remarks: According to the regulations of Shenzhen Stock Exchange, the continuous bidding time is 9: 30-11:30.13: 00-14: 57. The opening time of call auction is 9: 15-9:25. The deadline for call auction is 14.