A fund's high opening means that the fund's opening price is higher than yesterday's closing price, and a fund's low opening means that the fund's opening price is lower than yesterday's closing price. Generally, a fund's high opening or low opening only applies to on-market funds. So why do funds open high and low?

Why do funds open high and low?

When the main force injects funds into the stock market, or when the market is good, it will pull If the valuation rises and attracts retail investors in the market to buy, there will be a "high open" situation; if the main force sells the chips in its hands, it will cause the stock price to fall, resulting in a "low open" situation, and the fund will also open higher as the stock market fluctuates. The trend of opening lower.

Opening high and opening low is not the final trend, it also depends on the closing high or low. After the fund opens that day, whether it opens high or low, there will be an upward or downward trend depending on the day's market conditions. As the transaction proceeds, if the market conditions worsen, investors will sell their stocks, thus As a result, the index fell, the net value of the fund decreased, and a "high opening and low moving" trend occurred.

So opening high and opening low has little impact on making money. It still depends on the high and low situation at the close.

The opening price of the on-site fund is generated during the call auction. During the call auction, investors can freely make purchase and sale orders. The system will match the valid orders and the price with the largest trading volume will be the price of the fund on that day. The opening price, if there is no entrustment in the call auction, then the opening price is yesterday's closing price.