Fund redemption means that the funds you bought from the fund company before but no longer want them are sold to the fund company/the secondary market (Secondary market) is a trading place for securities.

The secondary market is the circulation market of securities and a place where issued securities are bought and sold.

The role of the secondary market is to provide liquidity for securities.

Maintaining the liquidity of securities means that security holders can sell their securities at any time and realize them.

(If security holders cannot liquidate the securities in their hands at any time, no one will buy the securities.) It is precisely because it provides a way for the realization of securities that the secondary market can also provide a way for securities to be liquidated.

Pricing indicates to security holders the market price of a security.

Functions (1) Promote the conversion of short-term idle funds into long-term construction funds; (2) Regulate the supply and demand of funds, guide the flow of funds, and provide channels for direct financing of businesses; (3) The stock price changes in the secondary market can reflect the economic situation of the entire society

; (4) Maintain reasonable stock prices, free transactions, well-informed, and rigorous management to ensure that the interests of both buyers and sellers are closely protected.