Public offering fund issuance rebounded, with a nearly 30% increase in the number of new issues from the previous week.
In the first week of November, the issuance of public funds showed a warming trend. Data from the public offering network shows that from November 3 to November 9, a total of 35 public funds were issued in the market, an increase of 29.63% compared to the previous week's 27 funds, setting a new high in nearly three weeks. The efficiency of new fund issuance has also improved, with an average subscription period of 19 days for the 35 new funds this week, significantly shorter than the previous week, indicating continued vitality in the market supply. Li Chunyu, FOF fund manager of RANKS Group's Rongzhi Investment, released an analysis pointing out that the reasons for the warming of new fund issuance are: first, the market environment has improved to some extent, with the performance of A-shares providing positive signals to investors and increasing their enthusiasm; second, residents' financial concepts are continuously changing, strengthening their willingness to allocate to public funds; third, previous policies such as expanding channels and reducing costs are still being implemented, effectively enhancing the attractiveness of public funds.
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