Shanghai board eyes T+0 system

Efficiency, liquidity being weighed against volatility, risk before possible adoption

The highly anticipated science and technology innovation board of the Shanghai Stock Exchange is likely to adopt the T+0 system, which means investors can sell the stocks they buy on the same trading day, experts said.

The market expects the exchange to launch the new board in the second quarter at the earliest, which will be a pilot project in China's capital market reforms.