Some funds cannot be sold, possibly because: 1. The fund has recently undergone huge redemptions. Considering that huge redemptions will have a great impact on the net value of the fund, the fund manager has the right to delay the redemption of some orders.

According to regulations: The fund's huge redemption means that on a single open day, when the fund's net redemption applications exceed 10% of the total fund shares, the fund manager may accept a redemption ratio of not less than 10% of the total fund size.

The remaining redemption applications will be deferred.

The extension time shall not exceed 15 working days, which means investors can still sell in the future.

2. Funds that may be in a closed period or closed-end funds cannot be redeemed during the closed period.