Notice Of Adding Section 5 Circuit Breaker Mechanism For Index To Chapter 4 Of "Shanghai Stock Exchange Trading Rules"

Upon approval by the China Securities Regulatory Commission, the Shanghai Stock Exchange (SSE) has decided to give regulations on issues about the circuit breaker mechanism for index (see attachment) by adding Section 5 Circuit Breaker Mechanism for Index to Chapter 4 of the "SSE Trading Rules", with an aim to prevent the risk of dramatic market fluctuations, further improve the securities trading system, maintain the market order, protect investors’ rights and interests, and propel long-term and sound growth of the securities market. The above Section 5 shall come into force on January 1, 2016.

All the market participants are required to prepare for relevant business and technical system of the circuit breaker mechanism for index, so as to ensure a steady market operation.

The issues that are not implemented temporarily, as stipulated in the "Notice of Revising ‘SSE Trading Rules’ and Relevant Issues" [Shang Zheng Fa (2013) No. 9 Document] issued by the SSE in 2013, shall still be subject to the relevant regulations.