The market price represents the real-time value status of the security, and the reference equilibrium price represents a reference price of the security.
1. According to the market price
2. Reference equilibrium price
In the pre-market period, IEP will be continuously calculated to give traders a reference: which price matches the highest trading volume now . But only when a transaction is possible (that is, our previous highest buying price and lowest selling price must intersect), the IEP number will be calculated.
The final reference equilibrium price is the opening price of Hong Kong stocks. If there is no matching price during the pre-market opening period, the first transaction price of the day will be used as the opening price of the stock.