In order to unify the net value with the maximum index, for example, the index is 2 points, and the net value is originally 1, then it must be converted, and the net value becomes 2, and the share is less than half.

the listing of fund shares involves the interests of many investors and is closely related to securities and other financial fields, and should be approved in accordance with the conditions and procedures prescribed by law.

in essence, fund share is a kind of securities in a broad sense. therefore, the provisions of this article on the approval of fund share listing transactions are basically the same as those of the securities law on the approval of securities listing transactions.

Extended information:

The stock exchange will review the documents submitted by the fund manager, issue review opinions for those who meet the requirements for listing and trading, draw up the listing and trading time, and attach relevant documents, and report them to the the State Council securities regulatory authority for approval.

the State Council securities regulatory authority shall examine the documents submitted by the stock exchange in accordance with the regulations, make a decision of approval or disapproval, and notify the stock exchange and fund managers, and explain the reasons for disapproval.