The Shanghai Stock Exchange is scheduled to organize business tests related to platforms such as bidding and comprehensive industry on September 29 (Sunday). All market participants are invited to participate in the test, which mainly verifies the accuracy of the business and technical adjustments of the relevant technology platform.
In early trading on the 27th, the Shanghai Stock Exchange’s bidding platform experienced slow returns. Many investors reported that entrusted quotations were delayed.
After the market opened that day, the Shanghai Stock Exchange issued an announcement on its official website stating that after the market opened that day, the Shanghai Stock Exchange's stock bidding transactions experienced an abnormal situation of slow transaction confirmation, causing transactions to be affected. After disposal, stock bidding transactions gradually resumed at 11:13. The Shanghai Stock Exchange deeply apologizes for the occurrence of this abnormal situation.
On September 28, many investors reported on relevant stock forums that stocks on the Shanghai stock market that were entrusted during the day on the 27th showed transactions after the market closed on the 27th.
Some investors also said that they chose to cancel the order due to unsuccessful transactions on the 27th but failed, and today it shows that the order was successfully cancelled.
According to the "Plan for Testing Related Business Tests of Bidding, Comprehensive Industry and Other Platforms on September 29, 2024" issued by the Shanghai Stock Exchange, the test content is to test and simulate the trading and clearing of one trading day, and verify that the bidding platform business processing runs smoothly when a large number of orders are declared concentratedly during the continuous bidding period.
The test scenario is a scenario verification of centralized declaration of a large number of orders during the continuous bidding period.
The test content includes, referring to the actual order scale produced on September 27 (Friday), preparing multiple batches of pre-embedded bidding platform orders in advance, caching them on the counter system, and making cyclic batch declarations. Orders placed in advance need to be sent to the bidding platform for declaration at three time points: 9:30, 10:00, and 10:35. Batch declarations at other time points can be selected by users based on the size of the pre-embedded order and the order declaration status. Centralized reporting in batches. Observe the order declaration status, receipt and processing of execution reports to see if they meet expectations. If there is a serious backlog of orders or slow receipt of execution reports, you must report it in the test group in a timely manner.
In terms of business testing of the comprehensive industry platform, the Shanghai Stock Exchange requires participating market participants to complete the following scenario tests during each trading session of the comprehensive industry platform through the counter system and EzSTEP, and the results are in line with expectations.
Recently, a series of major policies have significantly benefited A-shares, and the A-share market has stabilized and rebounded this week. During this week, following the release of a set of favorable policies at the State Council press conference on September 24, in the past four trading days, the Shanghai Composite Index rose by 11.8%; the Shenzhen Stock Exchange Component Index rose by 16.72%; and the ChiNext Index rose by 21.58%.