The opening price of the fund on the first day of listing is the net value of the fund shares on the trading day before the first day of listing. After the fund is listed, investors can buy and sell fund shares through the securities business department of the member units of the exchange during the trading time, and the transaction is conducted at the matching price of the trading system. The trading rules of LOF on the exchange are basically the same as those of closed-end funds, as follows:

The declared quantity of 1.LOF should be 100 or its integer multiple, and the minimum change unit of the declared price is 0.00 1 RMB.

2. Shenzhen Stock Exchange imposes price fluctuation restrictions on LOF transactions, with the fluctuation ratio of 10%, which will be implemented from the first day of listing. In daily transactions, after the market closes on T-day, China Clearing Shenzhen Branch calculates the number of LOF bought and sold by each investor according to the LOF transaction data, and correspondingly adds or subtracts the balance of investors' securities accounts according to the settlement results on the evening of T-day, thus completing the delivery of LOF shares. T-day buy fund shares can be sold or redeemed in Shenzhen Stock Exchange from T+ 1