starting tomorrow! a-share trading hours adjusted!
2024-10-07
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recently, the shanghai stock exchange issued a notice extending the time for accepting designated transaction declaration instructions. in order to further improve the efficiency of designated transaction business, the time for accepting designated transaction declaration instructions will be from 9:15 to 9:25 and 9:30 to 9:30 on each trading day. 11:30 and 13:00 to 15:00 will be adjusted to 9:15 to 11:30 and 13:00 to 15:00 on each trading day. the notice will be effective from october 8, 2024.
in this regard, there are market rumors that the adjustment of trading hours is to cancel the call auction, which is a complete misunderstanding. professionals said that the shanghai stock exchange was afraid that there would be too many orders placed at securities firms in five minutes, and concentrated declarations in 30 minutes would cause congestion. this adjustment was made to reduce the pressure of receiving data instantly.
at the same time, the shanghai stock exchange will organize a system startup connectivity test on october 7 to provide a connectivity test environment for relevant institutions to verify startup; the shenzhen stock exchange will also conduct relevant tests on the same day. on october 6th and 7th, china clearing will provide identity verification photo return function and support online account opening review.
in addition, during this national day holiday, investors are enthusiastic about opening accounts, and various securities firms have adopted the slogan "no closing on national day" to provide investors with services such as account opening and opening of various business permissions. minsheng securities announced that the daily average number of account opening applications has increased four times compared with previous days, and the number of customer inquiries has doubled. there are many long-awaited customers calling to inquire about account numbers and reset passwords, and the number of related business inquiries has increased by more than three times; according to the company's internal statistics, the number of newly opened accounts recently the post-90s and post-00s generation accounts for more than half of the customers.
source: global network
