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.  Read the story>>

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.

The T+0 system, they said, could improve efficiency of the new stock trading platform insofar as reflecting the supply-demand relationship in prices and boosting liquidity are concerned.

Such an approach could well prompt similar reforms in the broader A-share market, they said.

Higher volatility can be expected if the T+0 system is introduced straightaway at the launch, he said. "That is because when the board has just come into force, only a small number of companies will be listed, making the market prone to volatility."