China's three major ** exchanges announced on the 26th that they will be closed on some holidays in 2024, announcing that they will be closed on Chinese New Year's Eve (February 9, 2024).
In accordance with the spirit of the relevant notice of the China Securities Regulatory Commission, the Shanghai ** Exchange, the Shenzhen ** Exchange, and the Beijing ** Exchange issued the 2024 market closure arrangement, stating that the market will be closed from February 9 (Friday) to February 17 (Saturday), 2024, and the market will open as usual from February 19 (Monday). In addition, the market will be closed on Sunday, February 4 and Sunday, February 18.
It is worth noting that recently, the "Notice on Doing a Good Job in Relevant Work during the New Year's Day and Spring Festival in 2024" issued by the General Office of the Communist Party of China and the General Office of ** mentioned that all units are encouraged to combine the implementation of paid annual leave and other systems to arrange employees to rest on Chinese New Year's Eve.
Regarding the consideration of the above-mentioned market closure arrangement, according to ** report, the person in charge of the relevant department of the China Securities Regulatory Commission said that the first is in line with the policy orientation of encouraging the Chinese New Year's Eve holiday;The second is close to investors' trading habits, investors have formed a habit of not opening the market on Chinese New Year's Eve;The third is to comply with the call of the market, from the preliminary research and arrangement, all aspects of the market generally tend to be closed. (China News Service reporter Chen Kangliang).