中文：

涨停是股票市场中的一种术语，指的是股票价格在当天上涨或下跌的幅度达到了10%或以上，称为涨停或跌停。这是由于交易所为了控制市场波动而设置的一种限制。

当股票价格上涨幅度达到10%时，交易所会自动对其进行涨停处理，即暂停该股票的交易，防止其价格继续上涨。同样地，当股票价格下跌幅度达到10%时，交易所也会对其进行跌停处理，即暂停该股票的交易，防止其价格继续下跌。

涨停或跌停的处理方式可以有效地控制市场的波动，避免市场过度投机和无理性暴涨暴跌。在涨停或跌停的情况下，投资者需要等待第二天开盘后才能继续进行交易。

英文：

The term "涨停" refers to a phenomenon in the stock market where the price of a stock increases or decreases by 10% or more on a given day. This limit is set by the stock exchange to control market fluctuations.

When a stock's price increase reaches 10%, the stock exchange will automatically treat it as a涨停, which means that trading of the stock will be suspended to prevent its price from continuing to rise. Similarly, when a stock's price decrease reaches 10%, the stock exchange will treat it as a跌停, which also means that trading of the stock will be suspended to prevent its price from continuing to fall.

The treatment of涨停or 跌停can effectively control market fluctuations, avoiding excessive speculation and irrational rises and falls in the market. In the case of涨停or 跌停, investors need to wait until the next day after the market opens before they can continue trading.