Cross-border ETFs are t0 transactions, that is, cross-border ETFs bought on the same day can be sold on the same day. In addition, cross-border ETFs have the following characteristics:

1. Investors can redeem cross-border ETFs through over-the-counter subscription or buy and sell cross-border ETF funds through the secondary market.

2. Purchase cross-border etf on T day, and confirm the fund share at the end of t+ 1 day (calculated by converting the net value of the fund share calculated after the closing of each securities market on the day of accepting the application into RMB), and it can be sold or redeemed on t+2 day; The funds redeemed on T day will be paid to the investor's account within t+ 10.