It is best to reduce the position by half after the fund rises sharply. If the fund continues to rise, it still holds some funds, which can prevent the risk of shorting. Investors can continue to lighten up their positions until the lightening ends. If the fund falls, then investors can redeem all the funds.

The fund implements T+ 1 transaction. If the fund is redeemed on the trading day, the share will be confirmed on the second trading day according to the net value at the close of the redemption date. After the share is confirmed, the funds will arrive in the account, and the arrival time is generally 1-3 working days (depending on the funds).