It takes one to two weeks
The graded funds are raised separately with sub-codes. After the funds are established, they submit their listing applications to Shenzhen Stock Exchange, and they are listed and traded with R code. The parent fund neither trades in the stock market, nor purchases or redeems them.
for the grading foundation meeting with J' as the parent fund code, after the fundraising is completed, the basic share will be split into R shares with different risk-return characteristics in proportion, and some or all of them will be listed and traded. At present, the graded funds issued by merger and offer in China are usually traded in the I-market with F share, and the basic share is only purchased and redeemed by rp, and is not traded on the market. Therefore, after the graded fund raised by merger is completed, usually only the fund shares subscribed on the market are split into the given shares in proportion, and the fund shares subscribed off-market are held in the form of basic shares.