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Is the conversion of Alipay funds confirmed on the same day?
Alipay fund conversion is confirmed on the same day. Since there is no delivery of funds for fund conversion, all fund conversions can be successful on the same day. Fund conversion means that investors can switch to other funds managed by the same fund company.

The fund conversion is bounded by 3 pm. If the fund conversion runs before the trading day 15pm, it will be confirmed on the same day. If the fund conversion runs after the trading day 15pm, it will be confirmed on the second trading day.