When will the trading rules of GEM registration system be implemented?

The contents of the trading rules of the GEM registration system mainly include bidding trading, after-hours bidding trading and trading public information. These include special provisions on GEM transactions, detailed rules for real-time monitoring of abnormal transactions, and special provisions on refinancing margin trading. Then, when will the trading rules of the GEM registration system be implemented?

When will the trading rules of GEM registration system be implemented?

At present, there is no clear time for the implementation of the GEM registration system, and we still need to wait for official notice. Under normal circumstances, the trading rules of the GEM registration system will only be implemented when the first batch of GEM registered new shares are listed. According to market expectation, the first batch of GEM stocks with pilot registration system will be listed in the middle and late August. In other words, the implementation time of the trading rules of the GEM registration system is in the middle and late August.

Generally speaking, the trading rules of the GEM registration system will not be implemented until the stock is listed. It should be noted that the steady progress of the reform of the registration system of the Growth Enterprise Market not only means that the domestic capital market has comprehensively deepened its reform and entered the deep water area, but also is a key step for the marketization, legalization and maturity of the domestic capital market.