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What does China Bank mean by deducting money from private equity funds?
The trading hours of funds are the trading hours of stocks, from 9: 30 am to 3: 00 pm every day. All the funds you apply for night trading are the closing price of the next day. You applied to buy a fund last night, so the actual purchase price is today's closing price. The closing price is usually quoted at night. So you deducted the money and didn't know the share until the second trading day! Don't worry!