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Dollar gains, stocks teeter as US data suggests rates to stay higher

The dollar rose and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labor market strength, suggesting the...
HomeFundsWhat is a fund share? 

What is a fund share? 

Fund shares refer to the public offering of fund sponsors to investors, indicating that the holders are entitled to the distribution of income from the fund assets, the remaining property after liquidation and other relevant rights according to the shares they hold, and are required to undertake relevant obligations. .

The shares of closed-end funds can be traded on the securities exchange market established by law. If funds with other modes of operation need to be listed and traded, the relevant departments shall be authorized to make other regulations.

The listing and trading of fund shares is made by the fund manager , and after the approval of the securities regulatory authority, the fund shares can be listed and traded on the stock exchange, and the trading method is open centralized bidding.