Lof funds can be sold under normal circumstances. The situation that can't be sold is the floor restriction of lof fund, in which case the floor transaction may not be sold; There is also the suspension of redemption of lof funds; Finally, the fund closed.

Ordinary LOF can be subscribed on and off the market during the raising period, and can be traded on and off the market after listing.

Listed Open-end Fund (LOF) refers to an open-end fund that is issued, listed and traded on an exchange, and can purchase or redeem fund shares in both the OTC market and the exchange (floor market).