Titanium Media App reported on July 15 that the Shanghai Stock Exchange released the detailed implementation rules for the market-making business of stocks on the Science and Technology Innovation Board. The shares of the listed company held by the market maker through the special account shall not exceed 5% of the issued shares of the listed company. Encourage STAR Market stock sponsors or securities companies that actually control such sponsors to provide market making services for the STAR Market stocks sponsored by them during the continuous supervision and supervision period. If a market maker applies to terminate the market-making trading business of stocks on the Sci-Tech Innovation Board, it shall notify the Exchange in writing at least 15 trading days in advance, and terminate it after confirmation by the Exchange. Where a market maker applies to terminate the market-making and trading business of a specific STAR Market stock, it shall not re-apply for market-making trading business for the same STAR Market stock within one year; Within 1 year, it is not allowed to re-apply for market-making trading business for any stock on the Sci-Tech Innovation Board.
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