What is science and technology innovation board, what is the difference between science and technology innovation board and GEM?

After the implementation of the registration system, there are some similarities and differences between the GEM and science and technology innovation board. The similarities are as follows:

1. There is no price limit for the first five trading days after the IPO of GEM, and after five days, the price limit for individual stocks is 2%.

2. After the registration system, GEM also adopts after-hours pricing trading, with after-hours pricing trading from 15: 5 to 15: 3 on each trading day, and the reporting time for after-hours pricing trading is from 9: 15 to 11: 3 and from 13: to 15: 3 on trading days. If it is suspended during the opening period, it can continue to report. If it is still suspended at 15: on the same day, it cannot be declared after hours.

Differences:

1. Newly-opened investors in science and technology innovation board need to meet the daily average assets of more than 5, in the first 2 trading days before they can start trading, while newly-opened investors in Growth Enterprise Market need to meet the daily average assets of more than 1, in the first 2 trading days after the registration system before they can start trading.