FAQ

China Stock Market FAQ:

1.China stock exchange trading hours

China stock exchange is open for trading from Monday to Friday

2.The meaning of symbol/stock code:

All the stock codes of listed stocks in China stock market is combined of six numbers.
stock code begins with 6: Shanghai Stock Exchange A share
stock code begins with 9: Shanghai Stock Exchange B share
stock code begins with 5: Shanghai Stock Exchange funds
stock code begins with 0: Shenzhen Stock Exchange A share/Shanghai Stock Exchange indices
stock code begins with 002: Shenzhen Stock Exchange SME Board
stock code begins with 2: Shenzhen Stock Exchange B share
stock code begins with 3: Shenzhen Stock Exchange ChiNext Board
stock code begins with 1: Shenzhen Stock Exchange funds
stock code begins with 399: Shenzhen Stock Exchange indices
stock code begins with 4: China Third Market
stock code begins with 8: Shanghai Stock Exchange International Board by estimate(not set yet)

3.China stock market Trading Hours:(UTC+8)

9:15-9:25 Pre-opening auction session.
9:25 Generate the Opening Price,5 minutes rest.
9:30-11:30 Morning continuous trading session.
11:30-13:00 Lunch break,1 hour and half rest.
13:00-15:00 Afternoon continuous trading session.(shenzhen market 13:00-14:57)
14:57-15:00 Pre-closing auction session.(Shenzhen Stock Exchange only)
15:00 Generate the closing price.Market closed.
Both Shanghai and Shenzhen stock market use T+1 (1 day) settlement

4.China stock exchange trading fees

A Share Commission Not more than 0.3% of trading value,minimum charge: RMB 5 .Paid by investors to securities firms
Transfer fee(Shanghai Stock exchange only) 0.1% of trading value,minimum charge: RMB 1. (Transfer fee for block trading is charged at 10% of the normal standard, with the grace period up to December 31, 2009.) Paid by investors to the Depository & Clearing Company
Stamp duty 0.1% of trading value (sell side only) Paid by investors to the tax authorities (collected by SSE)

Securities investment fund (closed-end funds, ETFs)Commission Not more than 0.3% of trading value,minimum charge: RMB 5 Paid by investors to securities firms

Warrant Commission Not more than 0.3% of trading value,minimum charge: RMB 5 Paid by investors to securities firms

Bond (treasury bond, enterprise bond, convertible bond, detachable convertible bond, corporate bond, specific asset management scheme, etc.) Commission Not more than 0.02% of trading value,minimum charge: RMB 1 Paid by investors to securities firms

5.Holiday Schedule of China Stock Exchange for 2012

(excluding Saturday and Sunday)

Holiday                            From                                           To       days
New Year                           2 January 2012 (Monday)    3 January 2012 (Tuesday)     2
Chinese New Year                  23 January 2012 (Monday)  27 January 2012 (Friday)      5
Ching Ming Festival               2 April 2012 (Monday)          4 April 2012 (Wednesday)      3
Labor Day                          30 April 2012 (Monday)        1 May 2012 (Tuesday)              2
Duan Wu Festival                   22 June 2012 (Friday)         22 June 2012 (Friday)              1
Mid-Autumn and National Day 1 October 2012 (Monday) 7 October 2012 (Friday)         5