Fund confirmation applies to closed-end funds, that is, the registration institution of the original closed-end fund shares is changed from China Registration and Clearing Company to the registration institution of the fund company, and the fund holders will handle the identity confirmation and share registration of their original fund shares in the consignment agency designated by the new registration institution. The customer can only redeem the share after the fund is confirmed successfully.
Before handling the fund confirmation business, investors must first open a fund account in the TA where the fund is located, which can be handled on the day of opening the account and confirming the transaction. Because the daily account opening business failed to be confirmed by TA, the confirmation business failed to be confirmed at the same time. The fund confirmation business can only be handled at the counter of Everbright Bank outlets.