1. Generally, for newly issued open-end funds, the closing period is less than 3 months, and there is a limit on the increase and decrease. The price limit is 10%, which is the same as that of A shares. But for the first time, there is no price limit for closed-end funds.

2. The price limit refers to the fluctuation range of the securities trading price of the day on the basis of the closing price of the previous trading day in order to curb excessive speculation and prevent excessive ups and downs in the market. And there is no limit to the fluctuation, that is, there is no limit to the fluctuation range.