risky.

Current Wealth is an account fund value-added service provided by Bank of Communications in cooperation with Bank of Communications Schroeder Fund.

Transferring funds to Current Money is a subscription for Bank of Communications Schroder Current Money Market Fund A.

After the transfer is successful, you can transfer the funds out of the current fund at any time, quickly transfer out (quick redemption) and receive the funds in real time, or directly use the fund shares for consumption, cash withdrawal and other payment services when the bank account balance is insufficient.

Fund shares refer to certificates issued publicly by the fund sponsor to investors, indicating that the holder has the right to income distribution, the right to acquire residual property after liquidation and other related rights based on the shares held by the fund holder, and bears corresponding obligations.

The fund shares of closed-end funds can be traded on securities exchanges established in accordance with the law. If funds using other operating methods need to be listed and traded, the State Council is authorized to make separate regulations.

Therefore, the listing and trading of fund shares mentioned in this chapter refers specifically to the listing and trading of fund shares of closed-end funds.

The listing and trading of fund shares means that upon application by the fund manager and approval by the securities regulatory authority of the State Council, the fund shares are listed on the stock exchange and purchased and sold through public centralized bidding.

The listing and trading of fund shares involves the interests of many investors and is closely related to securities and other financial fields. It should be approved in accordance with the conditions and procedures prescribed by law.

In essence, fund shares are a type of securities in a broad sense. Therefore, the provisions of this article on the approval of the listing and trading of fund shares are basically consistent with the provisions of the Securities Law on the approval of the listing and trading of securities.

According to relevant regulations, the current approval procedures for the listing and trading of fund shares are: 1. The fund manager submits a listing and trading application, a listing announcement, a fund raising application approval document, a fund share offering document, a fund contract, and a fund custody agreement to the stock exchange.

, capital verification report, fund manager and fund custodian qualification certification documents, fund property custody certification documents, etc., apply to the stock exchange for listing and trading of fund shares.

2. The stock exchange will review the documents submitted by the fund manager, and if it meets the conditions for listing and trading, it will issue review opinions, formulate a listing and trading time, attach relevant documents, and submit them to the securities regulatory authority of the State Council for approval.

3. The securities regulatory authority of the State Council shall examine the documents submitted by the stock exchange in accordance with regulations, make a decision on approval or disapproval, and notify the stock exchange and fund manager. If the document is not approved, the reasons shall be stated.

4. If the application for listing and trading of fund shares is approved by the securities regulatory authority of the State Council, the stock exchange shall issue a listing notice and enter into a listing and trading agreement with the fund manager to arrange the listing and trading of fund shares.