The subscription period is the collection period of this new fund. In the subscription period, this product is actually hanging on the market. Investors who are optimistic about it will invest in the order. At the end of the subscription period, the fund manager will gradually convert these funds raised during the subscription period into stock holdings according to changes in market conditions, so they cannot be redeemed during this period. Funds bought during the subscription period can be withdrawn on the same day, and cannot be withdrawn on the second trading day or later.

These are the basic trading rules. If you don't know much about them, I suggest you ask the service manager of the account opening institution. I opened an account with Huatai Securities, and their VIP channel commission is the lowest, which is the lowest among several securities companies I know. I have known this service manager for several years, and the service is very good. Basically, if you want to know something about the stock market or open an account, he will reply. You can add him to wechat to ask ~