Debt funds are redeemed while equity funds are popularly sought after as the "seesaw" effect between stocks and bonds intensifies towards the end of the year.

A continuous migration of funds between stocks and bonds is being played out: on one hand, bond funds are frequently faced with large redemptions and the new issuance market is cooling down; on the other hand, equity funds are frequently bestsellers and ETFs continue to attract funds. The trend of funds migrating from the bond market to the stock market is becoming increasingly clear, and the attention on equity assets continues to rise. "Since the beginning of this year, the performance of the bond market has been poor, and the attractiveness of pure bond funds has significantly decreased. Recently, the size of some pure bond funds under the company has shrunk, with a clear increase in focus on 'fixed income+' products, which have also become the focus of recent sales efforts. 'Fixed-income+' products have bond assets as their base position, supplemented with equity assets to increase returns, which better align with the needs of conservative investors." A channel person from a fund company in South China told the reporter.