What is the time-in-force

For the order period, investors can choose the order validity period Time-in-force when placing an order. Choices include Day and Good-Til-Canceled.

1. Day

The order is valid until the day of closing, and unfilled orders will be cancelled after closing (16:10 Beijing time).

2. Good-Til-Canceled

2.1 The order will continue to be effective until the order is fully executed, cancelled or the order fails. Investors can place a pending order at an ideal price in advance.

2.2 Attention:

● Orders that have not been completed on the day will be cancelled after the close aution session (16:10 Beijing time), when the Pre-opening Session  starts on the next trading day (9:00 Beijing time), they will be queued and submitted as auction limit orders to Exchanges, participate in Pre-opening auction transactions.

Please note: If the order price exceeds the 24 spread at the time of buying or selling at the time of submission to the exchange, the order will be rejected by the HKEX and become invalid, and the customer will need to place an order again.

● The maximum order period is maintained at 90 natural days, and orders will be automatically cancelled after the deadline.