Data:2009-12-12 2:34
Category: Money Tips Date: 2007-06-08
Price Limit is the only securities of a trading day in a range of price movements restrictions. Specifically, it is only under the securities - trading day closing price and the Change set up to calculate the magnitude limit and down limit.
Determined by the current decline in inflation was 10%, the calculation formula as follows:
Up Limit = 1.1 × on - trading day closing price;
Down Limit = 0.9 × on - trading day closing price.
Note that the calculation should be rounded.
For example: In 1996 12 Yue 13 Ri (Xingqi Wu) Shenzhen Development Bank's closing price of 18.73 yuan, then the 1996, 12 Yue 16 Ri (Xingqi Yi) Shenzhen Development Bank's inflation limit of 1.1 × 18.73 = 20.603 yuan, after rounding 20.60 yuan;
Down limit of 0.9 × 18.73 = 16.857, rounded to 16.86 yuan.