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the shanghai stock exchange announced "extra time" of 5 minutes, which will be implemented on the first day after the holiday! are there any changes to collective bidding? what does it do? here comes the answer

2024-10-07

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the shanghai stock exchange issued the "notice on extending the time for accepting designated transaction declaration instructions" on october 6. the time for accepting designated transaction declaration instructions is adjusted from 9:15 to 9:25, 9:30 to 11:30, and 13:00 to 15:00 on each trading day to 9:15 to 11:30 on each trading day. 13:00 to 15:00. effective from october 8, 2024.

notice on extending the time for accepting designated transaction declaration instructions

shanghai certificate letter [2024] no. 2639

various market participants:

in order to further improve the efficiency of designated transaction business, in accordance with the provisions of the "shanghai stock exchange trading rules", "shanghai stock exchange designated transaction implementation rules" and other business rules, the shanghai stock exchange (hereinafter referred to as the exchange) has decided to accept designated transaction declarations the instruction time is adjusted. the relevant matters are hereby notified as follows:

1. the exchange’s time for accepting designated transaction declaration instructions will be adjusted from 9:15 to 9:25, 9:30 to 11:30, and 13:00 to 15:00 on each trading day to 9:15 to 15:00 on each trading day. 11:30, 13:00 to 15:00.

2. all member units and other market participants are requested to make relevant business and technical preparations in a timely manner to ensure the smooth implementation of this adjustment.

3. this notice will come into effect on october 8, 2024. if other regulations of the exchange are inconsistent with this notice, this notice shall prevail.