What is the gem and is there any limit to the rise and fall

How much is the limit on the rise and fall of the GEM.

1. The GEM is a second-board market with a status second to the main board market, and in China, it specifically refers to the Shenzhen GEM. It is quite different from the main board market in terms of listing threshold, regulatory system, information disclosure, trader conditions, investment risks, etc. Its purpose is mainly to support small and medium-sized enterprises, especially high-growth enterprises, to establish a normal exit mechanism for venture capital and venture capital enterprises, to provide a financing platform for the national strategy of independent innovation, and to contribute to the construction of a multi-level capital market system.

2.There is a limit on the price increase, but it is different from the price limit on the main board. The limit on the rise and fall of the GEM is 20%, and there is also a saying that the restriction is relaxed, but it is unlikely.

I've gone through the GEM trading procedures, you go and do it, I'll give you an explanation, it's very clear. Going through the transaction procedures does not mean that you will buy the ** of the GEM. It's like if you have opened an account in both ** and Shanghai, but you can not buy it.

Wait until you see the right opportunity to buy it. Hehe, you should go through the formalities first.

There is a limit on the growth of the GEM. The Growth Enterprise Market (GEM) is a first-class trading market that provides financing channels and growth space for start-up enterprises, small and medium-sized enterprises and high-tech industry enterprises that cannot be listed on the main board temporarily.

The growth rate of the Growth Enterprise Market is the same as that of the Main Board, and there are restrictions. And it is also the same as the main board's rise limit, which is a 10% rise and fall limit. It's just that there are no ST shares on the GEM, but there are ST shares on the main board, and the ST shares on the main board are subject to a 5% increase limit.

The formula for calculating the rise and fall of the GEM is: price limit** = (1 percentage of the change) price of the previous trading day (the calculation result is rounded to RMB). The reason why the growth limit of the GEM is the same as that of the Main Board is that its trading system is consistent with that of the Main Board (except for the risk control system for trading on the first day of listing).

Therefore, the proportion of rise and fall is the same 10%, the delivery system is also T+1, and the continuous bidding time is also from 9:30 to 11:30 in the morning, and from 13:57 to 14:57 in the afternoon.

Extended Materials. The Shanghai Stock Exchange and the Main Board are limited to 10% per trading day, and the first trading day of new listings is limited to 44%.

There is a limit on the rise and fall of the GEM, but there is no limit on the rise and fall of the first five trading days, and from the sixth trading day, a 20% limit of the rise and fall is set. In the first five trading days, there is a temporary suspension mechanism for the GEM, and the intraday trading price reaches or exceeds 30% for the first time compared with the opening price of the day, and the rise and fall from the opening price reaches or exceeds 60%, and trading is suspended for 10 minutes each. The suspension time spans 14:

57, resumed trading at 14:57 on the same day.

GEM, also known as the second-board market, is a different type of market from the main-board market, which is mainly set up to solve the needs of entrepreneurial enterprises, small and medium-sized enterprises and high-tech industry enterprises for financing and development. Compared with the main board market, the listing requirements of the GEM are often more relaxed, mainly reflected in the requirements of establishment time, capital scale, medium and long-term performance, etc. Since most of the companies listed on the emerging secondary market tend to be entrepreneurial enterprises, they are also known as the Growth Enterprise Market.

The GEM appeared in the United States in the 70s of the last century, and emerged in the 90s. In addition to this, the regulator also helps investors choose high-quality companies through the "sponsor" system. In the long history of development, the GEM has just begun to correspond to the main board market with large mature companies, and the market image of small and medium-sized companies as the main object appeared.

On June 12, 2020, a series of policies and rules for the reform of the GEM and the pilot registration-based system were officially released, and the trading rules of the GEM will also be changed. This time, according to the new trading rules, the Shenzhen Stock Exchange has adjusted the limit on the rise and fall of the ** auction trading on the ChiNext Board to 20%, but it will not be implemented until the first ** listing of the registration system.

After the implementation of the registration system, the price limit of the Growth Enterprise Market (GEM): **The price limit is adjusted from 10% to 20%, and there is no price limit for the first five trading days of the new stock listing. After the listing of registration-based new shares, the rise and fall of all GEM ** will be adjusted to 20%.

Limit on the price increase and decrease on the first day of GEM listing.

Monday onwards, as with the motherboard**, it is the same board

There are 10% of the trading rules that are the same as those of the main board.

What is the limit on the rise and fall of the GEM**.

Hello, the GEM of the initial public offering and listing**, there is no **limit on the rise and fall of ** in the first 5 trading days after listing; After that, the price limit of GEM ** auction transactions is 20%.

For other situations where there is no limit on the rise and fall of the GEM as determined by the China Securities Regulatory Commission or the Shenzhen Stock Exchange, there is no limit on the rise and fall of the company only on the first day of listing.

Investors should note that from the first day of listing of the first ** listed in accordance with the Administrative Measures for the Registration of Initial Public Offerings on the Growth Enterprise Market (for Trial Implementation), the proportion of the rise and fall of the non-registration-based GEM will be adjusted from the original 10% to 20%.

According to the Special Provisions on GEM Trading of the Shenzhen ** Stock Exchange, the Exchange implements ** price limit for ** GEM auction transactions, and the price limit ratio is 20%.

From 24 August 2020, there will be no price limit for the first 5 trading days of a new listing on the ChiNext Board. Since then, the limit has been increased from 10% to 20%.

The limit on the rise and fall of stock** has also been raised to 20%. It should be noted that there is a temporary suspension mechanism on the day of listing on the GEM**.

On the day of listing, the intraday trading price of GEM was higher than the opening price of the day.

For the first time, ** or ** reaches 30% or exceeds the liquid mu, and the rise or fall from the opening price reaches or exceeds 60%, and trading is suspended for 10 minutes each.

If the suspension time exceeds 14:57, trading will resume at 14:57 on the same day.

Extended information: ** GEM is also known as the second board market.

That is, the second ** trading market.

It refers to the largest trading market outside the main board, which is designed to provide financing channels and growth space for small and medium-sized enterprises and emerging companies that cannot be listed on the main board temporarily.

It is an effective supplement to the main board market and occupies an important position in the capital market.

Peculiarity. In the GEM market.

Most of the listed companies are engaged in high-tech businesses and have high growth potential, but they are often established for a short period of time, with small scale and outstanding performance.

The biggest feature of the Chuanghao Hongsen board market is that it has a low threshold for entry and strict requirements for operation, which helps potential small and medium-sized enterprises to obtain financing opportunities.

Development advantages. The development of the ChiNext market in China is to provide more convenient financing channels for small and medium-sized enterprises and create a normal exit mechanism for venture capital. At the same time, this is also China's adjustment of the industrial structure.

An important means of promoting economic reform.

Investment strategy. Since the listing of the gem, it has received widespread attention, and many shareholders are eager to try to open an account on the gem to show their skills, but in fact, the gem is still a little different, and we still have to pay attention to some skills when operating in order to get started faster.

1.Follow the trend.

The trend of the GEM is closely related to the trend of the first gem, so the trend of the first is necessary to pay attention to at all times.

2.Growth.

Stability and growth of performance. Profitability.

Strong companies are more attractive to capital.

3.Subject matter. Only good themes can have better equity expansion capabilities, and only good themes can have development prospects.

4.Don't blindly follow the herd.

The consequence of blindly following the trend is that everyone can't make money, and the real value is easy to ignore.

5.Get the timing right.

Whether it is in stock selection or stock exchange, timing is very important, and the timing depends on oneself to continuously accumulate experience, and everyone will summarize their own methods.

6.Look at the main movements.

Follow the main force, and our risk will be reduced a lot.

In fact, the GEM is still closely related to the gem, as long as we master the correct investment strategy, the gem can also make a profit.

1.Yes, the GEM is also subject to the limit on the rise and fall of the GEM;

2.The price limit refers to the fluctuation range of the current day's transaction on the basis of the previous trading day's price in order to curb excessive speculation and prevent excessive market surges. The highest limit price that rises to this limit is the upper limit, and the lowest price up to this limit is the down limit.

The price limit is a measure to stabilize the market. Overseas financial markets also have measures such as market circuit closure measures and suspension of trading, speed limit trading, special systems, restrictions on application and transaction price levels, adjustment by experts or market intermediaries, and adjustment of trading margin ratios. China's ** market is commonly used in three measures: price limit, suspension of trading and adjustment of trading margin ratio.

When will the 20% limit on the rise and fall of the GEM start.

In China's secondary market trading, there are limits on the rise and fall, except for the first day of the opening of new shares without a limit on the rise, others, including the ** of the GEM, if it is ST shares, the rise and fall is 5%, and the others are 10% rise and fall limits. FYI!

It's all up and down 10%. GEM.

The limit is 20%.

The price limit refers to ** exchange.

In order to curb excessive speculation and prevent the market from skyrocketing, the daily trading stipulates the range of fluctuations between the current day's trading and the previous trading day's price. ****。

The maximum price that rises to this limit is the up-limit board.

The minimum amount up to this limit is the down limit. The price limit is a measure to stabilize the market.

Ordinary investors who have opened the GEM trading authority before the implementation of this provision are not subject to this provision, but if they participate in the subscription and trading of the GEM ** and depositary receipts issued and listed in accordance with the relevant laws and regulations of the registration system for the first time, they shall re-sign the "GEM Investment Risk Disclosure Statement" on paper or electronically.

Investors who have opened the GEM trading privilege can continue to trade the GEM, and the threshold for the opening of the STAR Market is 500,000 yuan, and there are no stock traders, so the investment group is much smaller, excluding about 85% of investors.

Yes. On June 12, 2020, the Shenzhen Stock Exchange officially issued the Special Provisions on ChiNext Trading on the Shenzhen ** Exchange, which will be implemented from the first day of listing on the first registration-based ChiNext Board**.

Under the registration system, the limit on the rise and fall of the GEM and related ** will be relaxed to 20%. (The list of ** with a 20% price limit will be announced by the Shenzhen Stock Exchange).

For the initial public offering of the GEM, there is no limit on the rise and fall of ** in the first 5 trading days after listing.

According to the "Shenzhen Stock Exchange Investment Education|Q&A on Investor Services** (Issue 2, 2020) Regarding the GEM Trading Rules (Part I), Q4, "From the first day of listing of the first ** listed in accordance with the Administrative Measures for the Registration of Initial Public Offerings on the Growth Enterprise Market (Trial), the proportion of the rise and fall of the non-registration-based GEM will be adjusted from the original 10% to 20%. ”

Yes, when the first batch of registration-based new shares are listed, the ** rise and fall limit of the previous GEM approval system listing will also become 20%.

If you do not have the permission to open the registration system, you cannot trade normally.

Hello, yes, the news now is that the Shenzhen Stock Exchange: it will launch the GEM registration system** and the online issuance of depositary receipts on July 27. The first of the registration system is about to be ready for issuance, and it will be 20% when it is listed. The exact timing has not been determined, but it will be 20% after the launch.

Yes, after the new rules of the GEM registration system came out, all GEM ** will be adjusted to a 20% rise and fall. Therefore, investors who have opened the GEM trading privilege need to re-sign the risk disclosure letter, otherwise they will not be able to follow the new GEM regulations**.

**The low-commission account opening process is private, and if you are not sure, you can ask me.

Yes, the first batch of new shares on the registration-based GEM will be listed and traded on August 24, when the rise and fall of other ** shares on the GEM will become 20%, and there will be no limit on the rise and fall of the first 5 trading days of the new shares.

The rise and fall has changed from 10% to 20%, and both risk and reward have expanded. All entry barriers have also been raised accordingly, requiring 100,000 capital and 2 years of trading experience.

The account opening process with low commission can be sent to you, ** If you have any questions related to trading, you can ask me.

The GEM is reforming the trading system, and on the day of its implementation, the rise and fall of the GEM will also be limited to 20%.

After the listing of registration-based new shares, the rise and fall of all GEM ** will be adjusted to 20%.

Risk Disclosure]: The market is risky, and investment needs to be cautious!