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What is the subscription time of open-end funds?
Hello, theoretically, online transactions can be placed 24 hours, and direct transactions over the counter can be placed during normal working hours. However, placing an order does not mean that you can buy the net value of the day, because the subscription price of open-end funds is determined according to the net value announced by the fund after the stock market closes that day. In other words, if the fund is purchased before 3 pm on a normal working day, the purchase price will be determined according to the net value of the fund announced by the fund company after the close of the day. If the fund is purchased after 3 pm on a working day, the purchase price shall be determined according to the net value of the fund announced by the fund company after the close of the next normal working day.