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Why is the redemption failure when the fund redemption is submitted for confirmation, not the trading time?
The subscription and redemption of the Fund must be operated during trading hours, or the Fund is in a closed period and is maintaining the online redemption system of the Fund.

The trading day is Monday to Friday, except holidays (AM930- 1 1; 30,pm 13; 00- 15; 00), a trading day is one day, and the trading day of stocks is Monday to Friday.

Non-trading time refers to the entrusted transaction that is not conducted within the trading time and is invalid. The trading hours of funds are the same as those of stocks. Trading can be carried out at any time between the morning opening (9:30) and the afternoon closing (15:00).

After this period of time, you can't trade, that is, non-trading time, and the entrustment of non-trading time is invalid. Online trading funds have appointment trading, and can be entrusted to make appointment trading during non-trading hours, and automatically issue trading instructions after the market opens two days later.

Extended data:

The subscription and redemption of this fund shall start within 3 months after the fund contract comes into effect, and the fund manager shall make an announcement on at least one designated media and the fund manager's Internet website 2 days before the specific date of subscription and redemption. Fund redemption generally requires two working days for system confirmation and then liquidation. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system.

The general redemption process of open-end funds is: T day is not reported, T+ 1 has been reported, and T+2 has been completed. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system. It is normal to display the uncommitted orders on the submission date (T date). Even if the order is placed around 2:50, as long as records are found in the entrusted inquiry, it will generally be submitted on the second trading day (T+ 1 day) and completed on the third trading day (T+2). And then after liquidation. Therefore, open-end funds generally take about 4 working days. Other overseas funds are generally within 10 days.

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