Pre opening period | 9:00 am to 9:30 am |
Continuous trading period | Morning market : 9:30 am to 12:00 noon Afternoon market: 1:00 p.m. to 4:00 p.m |
Closing auction period | 4:00 p.m. to 4:10 p.m |
Settlement date | Trading and settlement of Hong Kong stocks will take place on the second trading day (T + 2) after the transaction date. |
Bid settlement | Customers must ensure that their securities account has sufficient amount for settlement on the settlement date. We will deduct the total transaction amount from the customer's securities account on the settlement day, and the shares will be transferred to the customer's account on the settlement day. |
Sell order settlement | The net proceeds from the sale of shares will be deposited in the customer's securities account on the settlement date and the shares will be deducted from the account on the settlement date. (if the customer has registered his / her designated bank account with us, he / she can notify the customer officer by telephone to deposit the net amount of the sale of shares into his / her registered designated bank account. ) |
Pre opening period and closing bidding period |
at-auction limit orderThe order category can be entered from 9:00 am to 9:20 am and / or 4:01 PM to 4:06 PM in the pre opening period. The price limit order is an order with a specified price. A bid limiting order with a specified price equal to or more competitive than the final reference equilibrium price (i.e. a bid with a specified price equal to or higher than the final reference equilibrium price, or a bid with a specified price equal to or lower than the final reference equilibrium price) may be countered at the final reference equilibrium price, depending on whether the other party has enough matching orders. The bidding price limit order will be matched according to the price and time order according to the final reference equilibrium price order. A bid limiting order will not be matched at a price lower than the final reference equilibrium price.
After the end of the pre opening period, any uncompleted price limit bid with the input price not deviating from the price limit bid by nine times or more will be automatically transferred to the continuous trading period and will be regarded as price limit inventory in the waiting list of the input price. Uncompleted bidding orders after the closing bidding period will be automatically cancelled and deleted by the system at the end of the trading day. |
Continuous trading period |
Price limit orderIt can only be matched with the specified price. The input price of the put order can not be lower than the best bid price (if any), and the input price of the buy order can not be higher than the best put bid price (if any). The lowest unit price of a buy order is 24 points below the bid price, and the highest unit price of a sell order is 24 points above the bid price. special limit orderA special price limit order can be matched with up to 10 queuing teams at the same time (i.e. the best price team to the 10th queuing team with a distance of 9 prices), as long as the transaction price is not less than the input price. There is no limit on the input price of a special limit order, as long as the price of the put order is equal to or lower than the best bid price, or the price of the buy order is equal to or higher than the best put bid price. Any outstanding special limit order will be cancelled and will not be retained in AMS / 3 system enhanced limit orderAn enhanced price limit order can be paired with up to 10 waiting teams at the same time (i.e. the best price team to the 10th waiting team at a distance of 9 prices), as long as the transaction price is not less than the input price. The input price of the put order shall not be lower than (or beyond) the best bid price, and the input price of the buy order shall not be higher than (or beyond) the best put bid price. Any uncompleted enhanced limit order will be regarded as a limit order and stored in the queue of the price entered |