Category: Money tips Release Date: 2007-02-12
In the trading system, the motherboard market and the SME board there are some differences, therefore, that there are some investment differences. Investors need to understand and pay attention to these investments points, with particular attention to the difference between call auction.
1. The current board only once a day call auction market, the SME board twice a day call auction, the second is the closing call auction, the time for the 14:57 to 15:00.
2. The morning between 9:20 to 9:25, the Shenzhen Stock Exchange, the host does not accept the revocation of declaration of the stock of SMEs.
3. As the small and medium enterprises through the stock's closing price of the final three minutes before closing call auction fashion and some investors are accustomed to operating in the late pay attention, this time is not continuous auction transactions.
4. SME board stocks at the open call auction period, the host immediately reveal the Shenzhen Stock Exchange opened for SMEs stock reference price, match volume and does not match the amount of increase in the transparency of the opening call auction. Investors want to match the volume and does not match the volume as a new indicator, determining the opening price the actual sale of the underlying situation, to understand the main financial trends.
SME board as the board not only to the same decline of up to ± 7% deviation in all three stocks to disclose, but also increased the amplitude of 15% on the price of three stocks, Japan and turnover to reach 20% of the The first three stocks made the disclosure requirements.
In addition, the provisions of SMEs belonging to the abnormal fluctuation of stock should be suspended. The Main Board, a clear distinction is that, for the definition of the scope of unusual volatility, but also increased the turnover rate of new abnormal conditions: the average daily turnover for three consecutive trading days, with the first five trading days of the average daily traded The ratio of the rate of 30 times, and the stock accumulated three consecutive trading days up to 20% in turnover.
Abnormal turnover for such stocks, investors should be resolutely avoided; if the state is profitable, they should immediately take profits to avoid being delayed operation of the exchange suspension.
