Shenzhen Stock Exchange, Large Transactions Implementing Rules (Revised)
深圳证券交易所大宗交易实施细则 (修订)
September 02, 2003 | BY
clpstaff &clp articlesIssued: August 25 2003Effective: as of date of issueInterpreting authority: Shenzhen Stock ExchangeApplicability: It is extended to include trading of…
Issued: August 25 2003
Effective: as of date of issue
Interpreting authority: Shenzhen Stock Exchange
Applicability: It is extended to include trading of B shares and bond repurchases, in addition to A shares, funds and bonds (Article 3).
Main contents: The revised Implementing Rules fix the time for large transactions to be 15:00-15:30 in a regular trading day (Article 5). Buyers and sellers are now allowed to place their trading orders through seats of their own entrusted members (Article 11). Article 14 stipulates that the trading fee for large transactions of A shares should be 30% lower than the standard trading fee for A shares under centralized competitive pricing. The trading fees for large transactions of B shares and funds should be 50% lower than the standard trading fees for the same products under centralized competitive pricing.
Related legislation: China Securities Regulatory Commission, Trading Rules of Shanghai and Shenzhen Stock Exchanges, Aug 31 2001, CLP 2001 No.8 p8
Repealed legislation: Shenzhen Stock Exchange, B-share Cross Transactions Tentative Provisions, Aug 6 1993, CLP 1993 No.8 p17
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