Yesterday, the expiring Rizhao Port CWB1 experienced price changes during the session, and the Shanghai Stock Exchange took two intraday suspension measures, which is the first time that the Exchange has implemented two intraday suspension measures within one trading day since it issued the Guidelines for Real time Monitoring of Abnormal Securities Transactions of the Shanghai Stock Exchange.
Yesterday was the last trading day of Rizhao Port CWB1. As a deep out of price warrant, it opened at a low price of 1.400 yuan yesterday after the sharp drop in the market at the end of the previous trading day, and then the transaction price quickly rose to more than 1.680 yuan within two minutes. In accordance with the provisions of the Monitoring Guidelines, Shanghai Stock Exchange started the temporary suspension procedure of Rizhao Port CWB1 warrants in the intraday trading, and the warrants were temporarily suspended for one hour from 9:33.
The transaction price of Rizhao Port CWB1 dropped significantly after the resumption of trading at 10:33, and the price once dropped to 1.602 yuan. However, there are still some warrant traders in the market who ignore the risk of the last trading day and drive up the price of warrants through large transactions, speculation and speculation. At about 10:55, the price of the warrant reached 2.101 yuan. In accordance with the relevant provisions of the Monitoring Guidelines, the Shanghai Stock Exchange made a second move to temporarily suspend the trading of Rizhao Port CWB1 warrants again during the session, which continued until the resumption at 14:55.
The Shanghai Stock Exchange said that it will continue to strictly monitor the trading of other warrants, especially some out of price warrants that will expire in the first half of next year, and will deal with any abnormal trading behavior in a timely manner according to regulations. It is reported that the Shanghai Stock Exchange is currently conducting further investigation and processing on the large trading accounts involved in the speculation of the warrant on that day. (Huang Ting)
