To safeguard the trading security of our investors and mitigate risks caused by abnormal price fluctuations, the Exchange will implement a price limit mechanism on certain trading products.
This mechanism is designed to curb excessive speculation, prevent irrational market surges and plunges, and further enhance the fairness and transparency of market operations.
The percentage limits for price movements will vary depending on the characteristics of each trading product. The specific rules are as follows:
| Product Type | Upper Warning Limit(%) | Upper Liquidation Limit(%) | Lower Warning Limit(%) | Lower Liquidation Limit(%) |
| U.S. Stocks | 85 | 90 | -85 | -90 |
| Hong Kong Stocks | 190 | 200 | -190 | -200 |
| Cryptocurrencies | 95 | 100 | -95 | -100 |
| Futures | 20 | 30 | -20 | -30 |
The price limit regulations for other products are as follows:
| Product Code | Upper Warning Limit(%) | Upper Liquidation Limit(%) | Lower Warning Limit(%) | Lower Liquidation Limit(%) |
| IC | 9 | 10 | -9 | -10 |
| IF | 9 | 10 | -9 | -10 |
| IH | 9 | 10 | -9 | -10 |
| CN | 9.5 | 9.8 | -9.5 | -9.8 |
The above trading limits apply to Margin only.