According to the draft regulations promulgated by the state last year, fund managers applying for listing and trading of fund shares of closed-end funds on the stock exchange shall report to the the State Council securities regulatory authority for approval. The State Council securities regulatory authority may authorize the stock exchange to approve the listing and trading of fund shares according to legal conditions and procedures.

Among them, the listing of fund shares shall meet the following conditions: (1) Fund raising shall comply with the provisions of this Law; The term of the fund contract is more than 5 years;

The minimum amount raised by the fund shall not be less than 200 million yuan; The number of fund share holders shall not be less than 1000. Do you think the number of closed-end fund holders will be less than 1000? Fund companies can meet the requirements by their own operations, not to mention other institutional investors. Moreover, the closer to the validity period of the base sleeve, the more prominent the value depression is.