Price Limits. China Connect Securities (other than some ETFs) are subject to a general price limit of a ±10% based on the previous Trading Day’s closing price. Some ETFs specified by SSE and SZSE are subject to a price limit of ±20%, each based on the previous Trading Day’s closing price. In addition, China Connect Securities (other than some ETFs) which are on the risk alert board are subject a ±5% price limit based on the previous trading day’s closing price. The price limit may be changed from time to time. All orders in respect of China Connect Securities must be within the price limit. Any orders with a price beyond the price limit will be rejected by the relevant China Connect Market.
Appears in 2 contracts
Sources: Client Agreement, Client Agreement