To ensure the trading security of investors and prevent risks arising from abnormal price fluctuations, this exchange will implement price increase and decrease limit trading mechanisms for traded products.
This mechanism is intended to curb excessive speculation, prevent irrational surges and plunges in the market, and further improve the fairness and transparency of market operations.
The percentage limits for price increases and decreases will vary according to the characteristics of different traded products. The specific rules are as follows:
| Product Type | Upside Warning Line (%) | Upside Liquidation Line (%) | Downside Warning Line (%) | Downside Liquidation Line (%) |
|---|---|---|---|---|
| U.S. Stocks | 85 | 90 | -85 | -90 |
| Hong Kong Stocks | 190 | 200 | -190 | -200 |
| Cryptocurrencies | 95 | 100 | -95 | -100 |
| Futures Derivatives | 20 | 30 | -20 | -30 |
For other products, the percentage limits for price increases and decreases are as follows:
| Product Code | Upside Warning Line (%) | Upside Liquidation Line (%) | Downside Warning Line (%) | Downside Liquidation Line (%) |
|---|---|---|---|---|
| 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 restrictions apply only to TradFi