Gem trading rules to be released soon

Shenzhen people rumor Price 20% newspaper reporter Yu Haitao Beijing Report "(the main board price limit) 10% are fried, if 20% is not more to fry."　　"September 22, the Shenzhen Stock Exchange, a department director of this reporter interviewed by telephone.　　On the same day, a securities business department to deal with the opening procedures of the relevant staff said, "Gem trading 20%, has been informed."　　In response to the media published a speculative report "Gem price limit or 20%", Shenzhen Stock said the above people, "the media should not hype gone." Up to now, all the rules of gem, only the trading rules have not been released.　　In accordance with the progress of the gem, this Friday, September 25, the first batch of enterprises began to purchase Enterprise board. "Trading rules don't know, so how do investors get involved?" If the purchase is checked, how will the stock be sold? Need to be announced as soon as possible, investors also have a unlikely.　　"One of the sponsors of the road show in Beijing, said. In fact, speculation about the growth of the gem has not stopped.　　And 20% of the argument originally from the 2000 version of the Shenzhen Stock Exchange GEM trading Rules (draft), the document is clear "the price limit on the securities prices, the limit rate of 20%", at the same time, "the first day of the listing of securities does not set a price limit." After the several times the gem motion, the price limit is the discussion focus.　　The relevant rules for comment stage, including Shenzhen and other departments are discussed, whether to release the 10% price limit.　　said the sponsor representative analysis, GEM risk significantly beyond the motherboard, however, the specific risk situation is not known, if the relaxation of price limits in such cases, the risk will be magnified at the level of investors, and the direct impact will be increased speculation, which with the regulatory authorities have been stressed "prevent speculation", prevent the gem market risk ideas.　　At present, most of the international gem market has price limit measures, there are fixed amount of prices limit, proportional price limit and multi-stage rate limit of three kinds. The sponsor representative said that the trading rules can also be set aside to adjust the limit of price limits to deal with the occurrence of various situations, that is, "if necessary, you can adjust the gem of all, a certain type or a certain security prices limit ratio."　　The Shenzhen said the rules should be formally released in the near future. In addition to the trading day limit, to prevent the risk of gem will also have matching arrangements. Previous networking tests, there was a "three-stall system" for gem stocks traded on the first day of the market: that is, when the transaction price of the intraday transaction is above or above 20% or 50%, the Exchange will suspend a temporary suspension for the shares for 30 minutes respectively; The temporary suspension will be imposed on it and to the close of 3 minutes before the closing of the auction, and then the return of the license, and the declared during the suspension has been accepted to the collection of bids, and then closed set bidding.