The fund suspended buying and selling.
The suspension of fund trading means that during this period, the fund cannot purchase and redeem, and the transaction is suspended. After the fund is closed, the subscription and redemption will be open, and there are also unilateral restrictions, such as suspension of trading.
Suspension of fund trading is mostly because the fund company controls the size of a fund, that is, the total share, and sometimes it is also to avoid and disperse the risks brought about by violent market fluctuations.
The main reasons for the Foundation's suspension of trading are as follows:
1, the fund is oversubscribed by investors, which leads to the rapid growth of the fund scale and needs to be suspended.
2. The Fund may pay dividends soon, so the subscription of the Fund is suspended.
3. Funds are shares of companies that hold some shares that have not yet been circulated, and these shares of companies that have not yet been circulated are about to resume trading. In order to protect the interests of holders, these funds decided to suspend subscription.
Today, I'm here to share the contents about the suspension of fund trading. There are actually many reasons for the suspension of the fund, but the three points I mentioned above are the most common.