Several days have passed since the May 1st holiday, everyone should play and have fun. This year's May 1st holiday has a total of 5 days, but in a strict sense, it is only one day, because two days are weekends Yes, the other two days came through commuting.
Among them, April 25th and May 8th are normally weekends, but everyone has to go to work. During the weekend off, whether it is a state agency or an ordinary enterprise, it must operate normally.
But everyone found a strange phenomenon. During weekends, everyone went to work normally. Why didn't the stock market open? Because weekends are strictly defined by working days, so the stock market should follow working days, so why doesn't the stock market open?
In fact, this problem is not difficult to understand, because the opening time of my country's stock market has always been from Monday to Friday, and it never opens on Saturday and Sunday (it may have existed before, but it was cancelled later). It will also not be open during the holiday time.
For example, the arrangements for my country's stock market during the holidays in 2021 are as follows.
(Mon) New Year's Day: The market will be closed from January 1 (Friday) to January 3 (Sunday), and will be open as usual from January 4 (Monday).
(Tue) Spring Festival: The market will be closed from February 11 (Thursday) to February 17 (Wednesday), and will be open as usual from February 18 (Thursday). In addition, February 7 (Sunday) and February 20 (Saturday) will be closed on weekends.
(3) Qingming Festival: The market will be closed from April 3 (Saturday) to April 5 (Monday), and will be open as usual from April 6 (Tuesday).
(Thursday) Labor Day: The market will be closed from May 1st (Saturday) to May 5th (Wednesday), and will be open as usual from May 6th (Thursday). In addition, April 25 (Sunday) and May 8 (Saturday) are closed for weekends.
(Friday) Dragon Boat Festival: The market will be closed from June 12 (Saturday) to June 14 (Monday), and will be open as usual from June 15 (Tuesday).
Then why is the stock market in my country closed on weekends or holidays, but not open on weekends?
In fact, this is mainly to reduce the risk of the stock market. No matter which country it is, the stock market is open between Monday and Friday, and it is also closed on weekends and holidays.
If my country opens normally on Saturdays and Sundays, but other countries do not open, then there may be many uncertain factors, such as the entry of a large amount of external funds or the failure of the company to work normally, and the data cannot be maintained normally. And so on can bring a lot of risk.
Another is that there are also some foreign investors in A-shares, and on Saturdays and Sundays, some overseas financial institutions have a normal rest period, and their settlement and transactions will also be affected.
is also because of this, even if the weekend is a holiday, the stock market will not be synchronized with the work day, and those who should rest will continue to rest.
For this special existence, everyone can only adapt to it, but cannot change it. After all, the holiday system with Chinese characteristics determines that the stock market cannot possibly follow the holiday arrangement.
Actually, the legal holidays in many countries are on Mondays or Fridays, so that together with two weekends, it can be put on three days, so that there is no need to take a holiday.
But at present, in my country's holidays, in order to increase the holiday time, usually people will take a day off, and exchange one working day for a weekend. As a result, everyone's work and rest time will be disrupted, but the normal order of the stock market cannot be disrupted by the holiday order.
