"Shanghai Stock Exchange Fund Link" is an open-end fund sales system of Shanghai Stock Exchange, which can provide efficient, automated and integrated technical support for the subscription, subscription and redemption of open-end funds. Among them, subscription refers to the behavior of investors buying fund shares through the "Shanghai Stock Connect" of SSE or other systems outside SSE during the period of raising open-end funds.

It is convenient to open a stock account. You can buy LOF ETF funds in Shanghai and Shenzhen stock markets, buy all funds of fund companies, and enjoy different levels of handling fee concessions!

Supplement: OTC subscription is the same as general fund subscription.

LOF is called "open-end fund" in English and "listed open-end fund" in Chinese. In other words, after the issuance of listed open-end funds, investors can purchase and redeem fund shares at designated outlets, or buy and sell funds on exchanges. However, if investors want to sell the fund shares purchased at designated outlets, they must go through certain transfer custody procedures; Similarly, if you want to redeem the fund shares you bought online on the exchange and redeem them at designated outlets, you must also go through certain transfer custody procedures. According to the fund market subscription and redemption business opened by Shenzhen Stock Exchange, LOF subscribed in the market can be directly thrown out without going through the formalities of transferring custody.