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What does' pre-market 'refer to in the Hong Kong stock market?
Pre market refers to the pre opening period of the Hong Kong stock market.
During the pre opening period, when buying and selling orders accumulate for a period of time, they will be matched during the pre-set matching period. Buy and sell orders will be placed in order of priority based on the type, price, and time of the order of the order (auction orders have priority in the order of matching), and will be matched according to the final reference equilibrium price order.
During the pre opening period, the trading system only accepts input of "bidding orders" and "bidding limit orders". After the end of the pre opening period, any unfinished bidding orders will be automatically cancelled before the start of the continuous trading period.