Trading Rules for China A-Shares

📅 Trading Hours & Calendar

• A-shares follow mainland China’s trading calendar.
  
• The market is open Monday to Friday, excluding China public holidays.
  
• Trading sessions (China Standard Time):
  
  Morning: 9:30 AM – 11:30 AM
  
  Afternoon: 1:00 PM – 3:00 PM
  

Note: No after-hours or pre-market trading available.

💱 Currency & Settlement

• Currency: All trades are settled in RMB (Renminbi)
  
• Settlement Cycle: T+1 — which means:
  
  Buy Today, Sell Tomorrow (you can’t sell the same shares on the same day)
  
  Funds from selling are also released on T+1
  

📊 Daily Price Limits

To maintain market stability, A-shares are subject to daily price fluctuation limits:

• ±10% limit for most listed stocks
  
• ±20% limit for STAR Market and ChiNext “newly listed” stocks
  
• Trades cannot be executed outside this price band
  

❌ Day Trading Not Allowed

Unlike US or HK markets, A-shares do not support day trading.
You must hold your shares at least overnight before you’re allowed to sell.

⛔ Short Selling Restrictions

• Short selling is not permitted under China Connect
  
• All positions must be long and fully funded
  

📌 Other Rules to Know

• Trading Quotas:
  
  Daily quota limits apply on the aggregate buy value into China (via China Connect)
  
  If quota is used up, buy orders may be rejected
  
• Eligible Stocks Only:
  
  Only specific A-shares are accessible under China Connect
  
  Usually large to mid-cap stocks with sufficient liquidity
  
• Order Types Supported:
  
  Limit Orders Only (Market orders not accepted)
  
  No stop-loss or trailing orders supported directly at exchange level
  

✅ A-shares trading offers valuable access to China’s economy — but it’s important to understand these rules to plan your strategy and avoid rejected orders.