The listing of closed-end funds is not mandatory. It "can" be listed and traded, not "must"

Market transactions.

The issued innovative closed-end fund ICBC Credit Suisse Bonus Equity Fund will no longer be listed and traded. Sdic ruiyin ruifufen

The first-tier fund, Ruifu, is not listed and traded after its establishment, and is open once a year to accept centralized subscription and redemption.