A-shares are different from U.S. stocks in that there is a price limit for stocks. So, what is the price limit for new shares listed in 2023? How many days are the price limits for new shares listed? The following Genzon Youpei has prepared relevant content for us for reference.
There are the following rules for the rise and fall of new stock listings in 2023:
1. For stocks listed on the main board for initial public offering, there is no price limit for the first five trading days after listing. From the 6th trading day, the rise and fall of the main board is limited to 10%.
2. There is no price limit for the first five trading days after the listing of new stocks on the Growth Enterprise Market and the Science and Technology Innovation Board. From the sixth trading day, the price increase or decrease is limited to 20%.
At the same time, there is no limit on the price increase or decrease for the first five trading days of new stocks. However, when the increase or decrease of individual stocks reaches a certain level, temporary operations will be carried out. That is, for stocks without price limit on price increase or decrease, an intraday setting of 30% will be carried out. , 60% of the two levels of stop indicators, the intraday trading price rises or falls for the first time from the opening price of the day to reach or exceed 30%, 60%, each stop for 10 minutes. If the suspension time exceeds 14:57, trading will resume at 14:57 on the same day. During the temporary suspension period, stocks can be traded and declared, and can also be canceled. When trading resumes, the stocks declared during the period will be auctioned.
It should be noted that newly listed stocks have a larger rise and fall, which makes them more risky. Investors can use the following methods to control risks when buying:
1. Position control
When investors buy, they should buy with a small position and never buy a full position. After buying, if the stock shows a downward trend, there will be enough funds to cover the position, so as to evenly share the cost of the position and spread the risk. You can use funnel-type position management methods, pyramid-type position management methods, and rectangular position management methods to control positions.
2. Set stop-loss and stop-profit positions
After investors purchase stocks, they set stop-profit and stop-loss positions to control risks within a certain range. Investors can set stop-loss and stop-profit points based on the previous important stock prices, or they can set them based on their own risk tolerance. For example, some relatively prudent investors may set a loss stop point for a decline of 5% to 7%, and a profit stop point for a rise of 10%; some more aggressive investors may set a loss stop point for a decline of 10% to 20%, and a profit stop point for a rise of 10%. Stop profit point between 20% and 30%.
The above is the common sense about "2023 IPO price limit? How many days is the IPO price limit?"