**Margin trading is available on the first day of listing.
The registration system has been fully implemented for A-shares, and in accordance with the Administrative Measures for the Registration of Initial Disclosure and Issuance, the Main Board, ChiNext and Science and Technology Innovation Board** issued and listed on the Main Board, ChiNext and Science and Technology Innovation Board** can be used as the subject of margin financing and securities lending from the first day of listing.
Now, the main board: there is no limit on the rise and fall of the first 5 trading days after the listing of new shares, and from the 6th trading day, the limit is 10%. GEM, GEM: There is no ** limit on the rise and fall of the first 5 trading days after the listing of new shares, and from the 6th trading day, the limit is 20%.
For those with no limit on the rise and fall, two stop indicators are set in the intraday, and the intraday trading is suspended for 10 minutes compared with the opening price of the day at the beginning of the day or **reaching or exceeding %. If the suspension time crosses 14:57, trading will resume at 14:57 on the same day.
Since there is no limit on the rise and fall of new shares in the first five trading days of listing, many ** will rise higher on the day of listing, but the probability of short-term ** is also large, and there is more room for profit from securities lending after listing. However, if **continue** after listing, then securities lending may be liquidated, so investors must control it themselves.
Before registering for margin trading, first confirm the ** company that opened the account, ensure that the company has the qualifications for margin trading, and confirm whether it meets the conditions for the registration of the margin account of the ** company.
Margin registration conditions:
1. Be at least 18 years old and have full capacity for civil conduct.
2. It is required that the general ** account has been engaged in ** trading in the company for no less than 6 months, that is, the account must be opened for 6 months.
The average daily property of a trading day shall not be less than 500,000 yuan.
4. The assessment time is within 2 years, and the customer hazard assessment questionnaire is C4 or above.
5. Individuals or arrangements who promise well and are not on the "blacklist" of the company's reputation affairs.
6. Non-shareholders and related persons of the Company.
Note: Only one margin account can be opened, if it is registered in Company A**, it cannot be registered in Company B**.
The above is about "**Can I margin and lend securities on the first day of listing?" ".