A股分析 (China A-Share Analysis)

Overview

Perform comprehensive analysis of China A-share stocks (Shanghai and Shenzhen exchanges) with consideration of unique market characteristics including T+1 trading rules, price limits, policy impacts, and capital flow dynamics.

Market Characteristics

Trading Rules

• T+1 Settlement: Stocks bought today can only be sold the next trading day
• Price Limits:
  • Main board: ±10% daily limit
  • ChiNext (创业板) & STAR Market (科创板): ±20% daily limit
  • ST stocks: ±5% daily limit
  • New IPO: No limit for first 5 trading days (ChiNext/STAR)
• Trading Hours: 9:30-11:30, 13:00-15:00 (Beijing Time)
• Call Auction: 9:15-9:25 (opening), 14:57-15:00 (closing)