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F&=(1 + 0.01)^{240}\\\begin{align*}Substituting r = 0.01 and n = 240 into the above formula, we can get:

Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.We can use the formula for calculating the final value of compound interest to calculate the final increase under this continuous growth situation. The following are the specific steps:If it rises by 1% or 2% every day, how much will it increase in 240 trading days a year?

\begin{align*}\begin{align*}Therefore, the daily increase is 2%, and after 240 trading days, the increase is about 11,488.87 \%.