Order Cancellation
I made my first order at AliExpress and I made mistake in the number of quantity I ordered. So I had to cancel my order because I didn’t want to pay higher postal fee from same seller.
I cancelled my order immediately after I made payment and informed the seller as well.
So the cancellation was easy.

Anyway AliExpress did charge to my credit card on 30th December 2019.
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Refund Status
You can check the refund status at the order details by clicking on Financial.

According to AliExpress website, they will do the refund within 3 – 20 business days.

Received Refund with Different Amount
I received my refund on 8th January 2020 which it took 9 calendar days or 6 business days.
There is a difference of charged amount and refund.
Charged: RM3.11
Refund: RM2.96
Difference: RM0.15

I think the difference is due to difference USD rate between when I bought it and when it was refunded.