Expert: class A shares have the basis to extend the trading time, and it is also necessary

On November 6th, the industry believes that the extension of trading hours of major stock exchanges around the world is becoming a trend, which will help to enhance the active level of the market and global competitiveness. In August last year, the relevant person in charge of the China Securities Supervision Commission answered a reporter's question on activating capital markets and boosting investor confidence, saying, "Study the appropriate extension of the trading hours of the class A share market and the exchange bond market to better meet the needs of investment transactions." A research report released by China International Capital Corporation at the time believed that extending the trading hours of class A shares will help to increase the activity of securities trading, and the system will be more in line with international standards, which will also help to enhance the internationalization process of class A shares. < br > < br > "Class A shares have the basis to extend the trading time, and it is also necessary." Wang Jingda, dean of the Asset Appraisal Research Institute of Capital University of Economics and Business, believes that class A shares have a high degree of automation, and there will be no trading chaos if the trading time is extended. And the current trading time is obviously not enough to support the daily trading demand of over trillion yuan in the market. Tian Lihui, dean of the Financial Development Research Institute of Nankai University, said that from the perspective of improving market efficiency, enhancing international competitiveness and meeting investor needs, it is necessary to extend the trading time of class A shares. Of course, this also needs to weigh the market fluctuations caused by the extended trading time.