In order to better distinguish things in our daily life, we will name and number, and different numbering fields often have different meanings, for example, the first 6 digits of our ID card are about the coding of each county (district) in different counties, and there are also different codes about **, mainly for different places of **listing, starting with different numbers, such as the Science and Technology Innovation Board starts with 688, and 300 is listed on the GEM**, so there are many netizens who ask, 8 starts with ** What is the stock, let's mainly talk about the ** that starts with 8.
01Listing place and classification
According to the order of listing time, the exchange will give different codes to **, and ** starting with 8 refers to the company listed in ***. It refers to the national unlisted stock trading platform, mainly for small and medium-sized enterprises. It is worth noting that ** is composed of three types: the basic layer, the innovation layer and the selection layer, the selection layer is what we often call "specialized, special and new"**Since September 2021, the ** of the selected layer has been transferred to the Beijing Stock Exchange (Beijing** Exchange) for public trading, and the selected layer of companies has been changed from public companies to listed companies on the Beijing Stock Exchange. Preferred shares start with 82 and common shares start with them.
02 Account opening conditions
For those who are listed on the market, the minimum threshold is that the account amount is 5 million RMB, and the opening threshold is high. The opening authority of trading on the Beijing Stock Exchange is 500,000 yuan, and the investment experience is more than 2 years, and it meets a certain risk level. According to the data, 95% of the ** accounts in A shares do not exceed 500,000 yuan, so more than 95% of the ** cannot be opened. Usually, it is organizations such as institutional investors and large corporate units that open *** and BSE trading.
03Permission activation
In *** trading, you must open *** trading ** account permissions, if not opened is not able to trade. If you have opened the trading authority of the selected layer, the authority will be automatically given the trading authority of the Beijing Stock Exchange, and there is no need to open it separately.
04 Trading Rules
The trading time is the same as that of the main board listed companies, continuous bidding, the minimum number of shares to be subscribed is 100 shares, and on this basis, the unit of 1 share is increased, and the T+1 trading system is implemented. For those listed on the Beijing Stock Exchange, according to the regulations, there is no limit on the rise and fall on the first day of listing, and there is a limit of 30% per day from the next day, and the trading risk is greater than that of the main board market.
Investors should properly consider their own risk tolerance and conduct *** and ** transactions listed on the Beijing Stock Exchange.