According to the Securities Investment Fund Law, employees in Public Offering of Fund can buy and sell stocks, but they need to be approved in advance and reported afterwards. The relevant laws and regulations are as follows:

"This Law is applicable to the public or non-public fundraising, the use of the raised funds to set up securities investment funds, which are managed by fund managers and conduct securities investment activities for the benefit of fund share holders."

At the same time, this article also stipulates that "securities investment includes buying and selling unlisted stocks or equity, listed stocks, bonds and their derivatives, and other investment products as stipulated by the State Council Securities Regulatory Authority."