No, the fund can't do anything during the closed period, including subscription and redemption. Investors can only wait until the fund is listed and traded. If there is a regular open day, they can buy it on the regular open day.

Closed-end fund means that the total scale is fixed, and it will be closed when it is established. Investors can only apply for redemption before the fund is regularly opened or listed, and the liquidity is poor. The long-term closure of the fund has led to great uncertainty in fund investment.