According to the different trading platforms and fund products, the arrival time of liquor funds is also different. The general arrival time is 1-3 working days (depending on each fund). For example, it takes T+ 1 working day to buy liquor fund on Alipay platform.

T+ 1 of the fund is traded and redeemed on the trading day, and the share is confirmed on the second trading day according to the net value at the close of the redemption date. After the share is confirmed, the fund company will make settlement after the redemption by the general investors, and the funds will be received after the settlement is completed.