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How JD.COM Fund Converts into Stock?

funds and stocks are not the same variety, so they cannot be converted to each other, nor can stocks be converted to each other. They can only be sold and then bought, and funds and funds can be converted.

funds managed by the same fund company can be converted to each other, and the process of subscription and redemption is saved, thus saving time and handling cost. If the fund is converted before 3pm on the trading day, it can be converted to another fund on the same day, and the income of the converted fund will be calculated on the day of conversion. If it is converted after 3pm on the trading day, it can be converted to another fund on the second trading day, and the income of the fund before conversion will be calculated on the day of conversion.