The suspension rules for listing of new shares in Shanghai Stock Exchange are as follows:
1. Suspension of intraday trading: In the continuous bidding stage on the first day of IPO, if the intraday trading price rises or falls more than 10% (inclusive) for the first time compared with the opening price of that day, the Exchange will suspend intraday trading.
2. The intraday suspension time:
(1) Suspension for 30 minutes; If the suspension duration reaches or exceeds 14:57 (inclusive), the trading will be resumed on the same day 14:57.
(2) During the temporary suspension of intraday trading (including temporary suspension 1 hour), the Shanghai Stock Exchange does not accept the entrustment declaration of investors (the entrustment order automatically becomes invalid), but investors can cancel the unfinished declaration business.