. In China, the system of transferring funds from securities to banks is T+ 1. After the stock is sold, the money can be transferred to the bank card on the next trading day.

Securities investment fund refers to an independent fund property formed by selling fund shares to raise funds. It is managed by the fund manager and entrusted by the fund custodian to invest in securities in the form of portfolio, and the fund share holders enjoy the benefits and bear the risks according to their shares.