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Why are funds red in the morning and green in the afternoon?

The rise and fall of a fund is determined by the stocks it invests. The stocks it invests rise, the stocks it invests fall, and the fund red represents the fund rise, indicating that the stocks it invests in rise, while the fund green represents the fund fall, indicating that the stocks it invests in fall.

the rise and fall of the fund depends on the net value of the fund, and the net value of the fund will be updated on the second trading day, but investors can see the net value estimate on the same day.